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Legal Counsel (6 months)

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NatWest Group

29d ago

  • Job
    Full-time
    Senior Level
  • Legal
  • Edinburgh

AI generated summary

  • You need legal experience in banking, strong relationship skills, knowledge of payments and trade finance, and the ability to stay updated on legal and market trends.
  • You will manage legal advice delivery, coordinate with stakeholders, minimize legal risks, improve processes, communicate effectively, and manage legal costs efficiently.

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.
  • The ability to establish and maintain strong relationships across the bank.
  • The 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 role is offered for a period of six months.

What business area will the Legal Counsel focus on?

The Legal Counsel will work within the Commercial & Institutional Banking business area.

What type of experience is required for this role?

Candidates should have experience providing legal and commercial advice in relation to transactions and projects in-house or in a leading UK law firm.

Is knowledge of banking law necessary for this role?

Yes, in-depth knowledge of general banking law and practice, as well as the financial services industry, is required.

Which specific products should the Legal Counsel be familiar with?

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

Are there opportunities for continuous improvement in this role?

Yes, the role involves delivering continuous improvement in operating practices and processes, including identifying efficiencies and cost reduction opportunities.

Will the Legal Counsel need to communicate legal advice to non-lawyers?

Yes, ensuring that legal advice is readily understandable to non-lawyers is an essential aspect of the role.

What skills are required for maintaining stakeholder relationships?

The ability to establish and maintain strong relationships across the bank is essential, along with effective communication of legal advice to stakeholders.

Is knowledge of commercial and institutional banking legal issues necessary?

Yes, knowledge of the commercial and institutional banking business activities and associated legal issues is necessary.

Will the Legal Counsel work with external advisers?

Yes, experience of working with leading law firms and other professional advisers and consultants is required.

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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.