FAQs
What is the primary focus of the Legal Counsel role?
The primary focus of the Legal Counsel role is to manage and coordinate the delivery of legal advice, primarily supporting the Asset & Invoice Finance business, as well as providing secondary support to Business Banking, Commercial Mid-Market, Restructuring, and Capital Management business areas.
What qualifications or experience are required for this role?
To be successful in this role, you need experience in providing legal and commercial advice related to transactions and projects, either in-house or at a leading UK law firm, along with in-depth knowledge of general banking law and practice, and the financial services industry.
Is experience with asset and invoice finance necessary?
Yes, experience in asset and invoice finance is strongly preferred for this role.
Will I need to interact with stakeholders?
Yes, you will work closely with stakeholders across the bank and externally, ensuring the timely and effective delivery of legal advice and support.
What skills are important for this position?
Important skills for this position include knowledge of commercial and institutional banking business activities, the ability to establish strong relationships with stakeholders, experience working with leading law firms, and a proactive attitude to develop skills in the business area supported by the team.
What does the role entail in terms of legal advice delivery?
The role entails delivering legal advice that is understandable to non-lawyers within relevant timescales, while managing and minimizing legal risks.
Is there a focus on cost management in this position?
Yes, managing legal costs through the use of tools like e-billing and driving a culture of disciplined cost management and controls is a key aspect of the role.
How is continuous improvement addressed in this role?
The role focuses on delivering continuous improvement in operating practices and processes, including identifying efficiencies, improvements, and opportunities to reduce costs.