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Legal Counsel (6 months)

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NatWest Group

28d ago

  • Job
    Full-time
    Senior Level
  • London

AI generated summary

  • You need legal experience in banking, strong relationship skills, knowledge of merchant acquiring and payments, and the ability to stay updated on legal and market developments.
  • You will provide legal advice for Commercial & Institutional Banking, ensure clarity for non-lawyers, manage legal risks, improve processes, and control legal costs effectively.

Requirements

  • Experience of providing legal and commercial advice in relation to transactions and projects in-house, or in a leading UK law firm
  • In depth knowledge of general banking law and practice, and the financial services industry
  • Ability to establish and maintain strong relationships across the bank
  • Ability to advise on a range of different products including merchant acquiring, payments, transaction banking, term lending and trade and supply chain finance
  • An in-depth knowledge and experience of merchant acquiring and payments is desirable
  • Knowledge of the commercial and institutional banking business activities, the commercial environment within which it operates and associated legal issues
  • Experience of working with leading law firms and other professional advisers and consultants
  • The ability to keep up to date with and share relevant legal and market developments

Responsibilities

  • We’re looking for an experienced Legal Counsel to manage and coordinate the delivery of legal advice, supporting our Commercial & Institutional Banking business.
  • You’ll work closely with stakeholders and legal colleagues to ensure the timely, effective and efficient delivery of all issues, projects and initiatives, either directly or through a team.
  • Making sure that legal advice is readily understandable to non-lawyers, delivered within relevant timescales, and manages and minimises legal risks
  • Delivering continuous improvement in operating practices and processes, including identifying efficiencies, improvements and opportunities to reduce costs
  • Providing the communication of internal and external legal advice and helping to deliver transactions and projects to stakeholders in a commercial, user friendly and efficient manner
  • Managing legal costs through the use of e-billing, auctions and other cost tools and driving a culture of disciplined cost management and controls

FAQs

What is the duration of the Legal Counsel position?

The Legal Counsel position is offered for a period of six months.

What areas of law will the Legal Counsel primarily focus on?

The Legal Counsel will primarily focus on commercial and institutional banking law, as well as associated legal issues.

Is experience in-house or at a law firm required for this role?

Yes, experience providing legal and commercial advice either in-house or in a leading UK law firm is required.

What types of products should the Legal Counsel be familiar with?

The Legal Counsel should be able to advise on a range of products including merchant acquiring, payments, transaction banking, term lending, and trade and supply chain finance.

Are there any specific skills required to be successful in this role?

Yes, candidates should have knowledge of commercial and institutional banking activities, the ability to establish strong relationships, and experience working with leading law firms and other professional advisers.

Will the Legal Counsel be involved in managing legal costs?

Yes, the Legal Counsel will be responsible for managing legal costs through various tools such as e-billing and auctions, while driving a culture of disciplined cost management.

What is expected in terms of communication from the Legal Counsel?

The Legal Counsel is expected to provide clear and understandable legal advice to non-lawyers and communicate internal and external legal advice efficiently to stakeholders.

Is knowledge of merchant acquiring and payments important for this role?

Yes, an in-depth knowledge and experience of merchant acquiring and payments is desirable for this position.

Will the Legal Counsel be working closely with stakeholders?

Yes, the Legal Counsel will work closely with stakeholders across the bank and externally to ensure effective and timely delivery of legal advice.

What kind of improvements is the Legal Counsel expected to drive?

The Legal Counsel is expected to deliver continuous improvement in operating practices and processes, identifying efficiencies and opportunities to reduce costs.

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NatWest Group

A relationship bank for a digital world. We champion potential.

Finance
Industry
10,001+
Employees
1968
Founded Year

Mission & Purpose

We’re a business that understands when our customers and people succeed, our communities succeed, and our economy thrives. As part of our purpose, we’re looking at how we can drive change for our communities in enterprise, learning and climate. As one of the leading supporters of UK business, we’re prioritising enterprise as a force of change. We’re focusing on the people and communities who have traditionally faced the highest barriers to entry and figuring out ways to remove these. Learning is also key to our continued growth as a company in an ever changing and increasingly digital world. By setting a dynamic and leading learning culture, our people prosper, and our customers are given the tools to continue to improve their financial capability and confidence. One of the biggest challenges we all face in our future is climate change. That’s why we’ve put it right at the core of our purpose. We want to champion climate solutions with financing and entrepreneurial support, fully embed climate into our culture and decision making, and be climate positive by 2025. We’re committed to using our purpose to break down barriers, drive change and ultimately create a great place to work.