Head of Legal (UK Bank)

About Revolut

People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 50+ million customers get more from their money every day.

As we continue our lightning-fast growth, 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work. So far, we have 10,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About The Role

The Legal team sits at the heart of Revolut and it's a very important part of the business. This lovely bunch supports all other Revolut teams, helping us achieve our goals each and every day.

They're special, they're strong-willed, and they work in a lot of different areas (which isn't that common for an in-house role, we know, but they're just that good). From structuring innovative new products to launching into new territories, the Legal team does it all.

We're looking for a Senior Legal Counsel who'll act as an independent advisor to the UK Bank team as the Head of Legal. You'll have dual reporting lines into the senior leadership of the UK Bank and Group Legal teams. Your primary functions are to act as a source of independent advice to the UK Bank and bring your retail banking and prudential expertise to support rolling out our product suite to Revolut’s UK customers.

Up to be part of the future of finance? Let's get in touch.

What You’ll Be Doing

• Advising the UK Bank on legal and regulatory issues surrounding structuring, marketing, and promotion of banking and group products
• Advising the UK Bank on legal and regulatory issues surrounding its operations generally
• Helping structure and expand Revolut's products and managing applications and/or communications with the PRA and FCA in relation to these products
• Managing operational risk, including regulatory filings and registration preparation
• Identifying, assessing, monitoring, managing, and reporting on compliance risk in relation to banking products
• Liaising with specialist external counsel, and distilling and coordinating advice for senior management and non-legal audiences
• Excelling at leadership while also undertaking executional work to handle significant and complex legal matters with short turnaround times
  
  

What You'll Need

• 8+ years of PQE experience
• Excellent academic and law firm credentials
• Sound judgement, composure under pressure, and a collaborative mindset
• Confidence making decisions where there's ambiguity or incomplete information
• Expertise in financial regulations and advising clients in the following areas: CASS, FSMA, PSD II, and the provisions of the FCA and PRA Handbooks
• Exceptional stakeholder management and communication skills
  
  

Nice to have

• Experience advising clients/stakeholders on capital requirements directives and prudential requirements
• Consumer credit experience
  
  

Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

Refer to our <a class="postings-link" href="https://www.revolut.com/legal/data-privacy-for-candidates">Data Privacy Statement for Candidates for details on our data handling practices during your application.