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Senior Legal Counsel - Lending and Payments Solutions (Openbank)

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Openbank

4d ago

  • Job
    Full-time
    Senior Level
  • Legal
  • Madrid

AI generated summary

  • You must have a Spanish law degree, LLM in Banking Law (a plus), 6+ years in banking law, MS skills, and fluency in English. Strong judgment, collaboration, and consumer protection expertise are essential.
  • You will provide legal advice on banking operations, support product launches, draft legal documents, implement regulations, manage administrative filings, and engage in digital innovation projects.

Requirements

  • Degree in Spanish Law. Fully qualified lawyer in Spain.
  • LLM in Banking Law (is a plus).
  • Great judgment, proactive, innovative and customer obsessed.
  • Be a team player and consensus builder, with great people skills who can efficiently collaborate with different areas of the organization.
  • +6 years of experience in banking legal environment, with relevant experience from a law firm or in house in a financial institution.
  • Proven experience in banking and/or investment products, in particular in regulation related to contracting banking/investment products remotely and consumer protection laws.
  • MS advanced level is required.
  • Fluent in English (C1).

Responsibilities

  • Legal and regulatory advice to business related to the ordinary activity of the Bank, supporting different departments (different products and services related to retail banking in a digital environment, as consumer loan, insurance product, wealth, payment service etc.,).
  • Participate in the design, obtain the necessary internal and external approvals and monitor the commercial launch of new products and services.
  • Review and drafting of legal documentation as contracts, confidentiality agreements, communications to clients, etc.
  • Advice on the implementation of new regulations, at both European and national level.
  • Advice on administrative files and carrying out procedures before public registries.
  • Participate in digitalization and innovation projects.

FAQs

What is the location of the Senior Legal Counsel position?

The position is based in Spain, specifically in Madrid or Valencia.

What qualifications are required for this role?

A degree in Spanish Law and being a fully qualified lawyer in Spain is required. An LLM in Banking Law is considered a plus.

How many years of experience are necessary for the Senior Legal Counsel role?

The role requires a minimum of 6 years of experience in a banking legal environment, either from a law firm or in-house at a financial institution.

Is proficiency in English required for this position?

Yes, fluency in English at a C1 level is required.

What types of products and services will the Senior Legal Counsel be working with?

The Senior Legal Counsel will work with various products and services related to retail banking in a digital environment, including consumer loans, insurance products, wealth management, and payment services.

Will the role involve participating in international projects?

Yes, the role offers the possibility of collaboration in international projects and contact with different countries.

What kind of work environment can candidates expect?

Candidates can expect a dynamic and agile work environment, along with an excellent workplace culture, social clubs, and frequent events.

Are there opportunities for growth within the company?

Yes, there are opportunities for growth within Openbank and the larger Santander Group.

Is Openbank an equal opportunity employer?

Yes, Openbank is an equal opportunity employer and considers all applicants equally regardless of gender identity, sexual orientation, ethnicity, religion, age, political orientation, union membership, or disability status.

What is the process for handling personal data in the recruitment process?

Personal data provided during the selection process is confidential and will be processed by Openbank solely for managing participation in recruitment and, if applicable, formalizing recruitment.

Finance
Industry
1001-5000
Employees
1995
Founded Year

Mission & Purpose

Openbank is a digital-only bank based in Spain, offering a range of online banking services including savings accounts, loans, and investment products. Its ultimate mission is to provide innovative, user-friendly financial solutions with a focus on transparency and accessibility. The company's purpose is to revolutionise banking through advanced technology and a customer-centric approach, ensuring a seamless and efficient banking experience for its users.