Head of Legal - UK Bank

About Revolut

People deserve more from their money. More visibility, more control, more freedom. And since 2015, Revolut has been on a mission to deliver just that. With an arsenal of awesome products that span spending, saving, travel, transfers, investing, exchanging and more, we've helped 45+ million customers get more from their money. And we're not done yet.

As we continue our lightning-fast growth,‌ two things are essential to continuing our success: our people and our culture. We've been officially certified as a Great Place to Work™ in recognition of our outstanding employee experience! So far, we have 10,000+ people working around the world, from our great offices or remotely, on our mission. And we're looking for more. We want brilliant people that love building great products, love redefining success, and love turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role

The Legal team sits at the heart of Revolut and it's a very important part of the business 🚀 This lovely bunch supports all other Revolut teams, helping us achieve our goals each and every day. 

As we are preparing to launch the UK bank of Revolut we are looking for a very experienced Senior Legal Counsel that will lead our legal activities for the Bank 💪

In this role you'll be dealing with all legal topics related to the UK market; you'll be leading all the legal discussions with internal and external stakeholders, including the UK Bank CEO and Management board and you'll be also working closely within the legal team at Revolut Group.

Whilst we envisage the role to be more of a generalist role, yet we expect knowledge of regulation for UK retail banks, especially in relation to consumer regulation to be an important component of the role.

What you’ll be doing

• Drafting, reviewing, negotiating and advising internal stakeholders along with negotiating with external counterparts on a variety of commercial agreements, including third party agreements, operations agreements, services agreements, partnerships, and marketing agreements

• Identifying and consulting on legal risks in connection with the development of new products

• Helping to interpret and monitor changes to regulatory guidelines while proactively handling regulatory developments and advising internal stakeholders

• Liaising with specialist external counsel in relation to original new products, expansion into new market verticals and areas relating to compliance, privacy, or security

• Developing and implementing processes for efficient and streamlined operations surrounding contract negotiation and processes

• Developing and maintaining form agreements, contract management systems, and other databases

• Serving as lead counsel on strategic deals, resolving issues that arise in existing commercial relationships, and handling pre-litigation legal disputes and inquiries

• Driving all ongoing compliance review processes, including necessary filings, policies and procedures

• Providing time-sensitive support on a wide array of legal inquiries in connection with all aspects of your country’s operations

What you'll need

• Master's degree or equivalent in Law

• 10¡ years legal experience, and strong track record

• Great academic and law firm credentials

• Fluency in English

• To keep your composure under pressure and a collaborative mindset

• Confidence making decisions where there's ambiguity or incomplete information

• To excel at leadership while also getting hands-on

• The ability to handle significant and complex legal matters with short turnaround times

• Exceptional stakeholder management and communication skills

• Experience with complex transaction management is a big plus

• To thrive in a fast-paced, high-pressure, entrepreneurial environment

• To be passionate about the job

Nice to have

• Expertise in financial regulations related to electronic money institutions and banking services

• Experience working in-house

• Experience in the financial sector

Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

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