Legal Counsel & Compliance Manager

  • Job Reference: 12777
  • Date Posted: 7 November 2019
  • Recruiter: Carr Lyons
  • Location: London
  • Salary: On Application
  • Sector: Compliance
  • Job Type: Permanent
  • Work Hours: Full Time
  • Contact: Duncan Jeffery
  • Email: duncan.jeffery@carrlyons.com

Job Description

My client are a Corporate Banking house who are well regarded in the industry.

You will be assisting the Bank’s Management in its responsibility for complying with all relevant regulations and also in-house Legal Counsel.

Key Job Functions:

Legal Counsel

  • First point of contact on general legal matters across the Bank.
  • To keep abreast of existing and incoming predominantly EU and UK legislation and regulatory changes, analysing, reporting and implementing the changes within the business.
  • Providing wide-ranging legal advice and support to the business areas across the Bank.
  • Working closely with all departments in the Bank, suppliers and external legal advisers whenever necessary.
  • Advising on banking agreements such as loan and security documentation, ISDAs and schedules,
  • Co-ordinate, advise on and oversee the sourcing of external legal advice when necessary.
  • Managing the Bank’s litigation portfolio.
  • Develop and maintain strong relationships with other departments and provide appropriate advice on legal issues.  Refer issues to your Line Manager as required.
  • Monitor changes to legislation and regulatory rules affecting the Bank and advise management and staff of the implications of these regulatory changes.

 

Compliance Manager

 

  • Perform day-to-day reviews determined by the Compliance Monitoring Plan, produce clear and timely reports highlighting areas of improvement, and track all actions raised.
  • Review and provide recommendations for the Bank’s operating procedures, both manuals & actual processes, and review management information from a compliance perspective. 
  • Provide appropriate cross-departmental support in relation of the closing of Compliance action points.
  • Provide greater support in the embedding in of Compliance policies into the business whilst maintaining operational independence.
  • Provide bank-wide training to all staff as required and assist in identifying compliance-related training needs in the Bank.
  • Develop and maintain strong relationships with other departments
  • Proactively assist the Head of Compliance & Legal in the planning and prioritisation of compliance work.
  • Monitor changes to legislation and regulatory rules affecting the Bank and advise management and staff of the implications of these regulatory changes.
  • Assist in all other tasks, periodic, ad hoc or otherwise, as directed by your Line Manager.
  • Review changes to HO Compliance and AML policies / procedures and perform gap assessments and propose uplifts to applicable Bank policies, as appropriate.
  • Support the Head of Compliance & Legal and MLRO on all regular and ad hoc HO reporting requirements.

 

Key Skills / Experience

Be a qualified UK Solicitor.

Be prepared to work in a challenging environment and be comfortable communicating with people of all levels and experience, including Senior Management, front office, external Lawyers and clients.

Be self-motivated, approachable, able to absorb technical information and eager to both learn and coach.

Be able to balance well the commercial interests of the Bank and the need to mitigate legal risk.

Demonstrate up to date knowledge of the legal and regulatory (FCA/PRA) environment, relevant policy developments, awareness of global regulatory and legal developments, and have an appreciation for the approach of other legal and regulatory bodies.

Be efficient and able to manage deadlines and prioritise work.