Consumer Credit Lawyer VP Job Description

Barclays Bank Plc, Blythswood New Town, Glasgow City

Consumer Credit Lawyer VP Job Description

Salary not available. View on company website.

Barclays Bank Plc, Blythswood New Town, Glasgow City

  • Full time
  • Permanent
  • Onsite working

Posted today, 18 Nov | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 07f46992984a464c8899b5d7534a6708

Full Job Description

To ensure that the consumer banking activities are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and regulatory risks associated with these activities.,

  • Development and implementation of best practice legal strategies for risk management and compliance.
  • Proactive consumer banking Legal advice and support to the consumer banking division of the bank on a wide range of legal issues, including regulatory compliance, regulatory change management, consumer protection, and risk management.
  • Representation of the bank in legal proceedings related to consumer banking, such as litigation, arbitration, and regulatory enquiry and investigations.
  • Creation and periodic review of Legal documents in accordance with contractual arrangements policy to ensure compliance with applicable laws and regulations.
  • Legal research and analysis to stay up to date on changes in laws and regulations that may impact the bank's consumer banking operations.
  • Developing and delivering training programmes to educate employees on legal and regulatory requirements related to consumer banking.
  • Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.
  • Vice President Expectations
  • Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
  • Manage and mitigate risks through assessment, in support of the control and governance agenda.
  • Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
  • Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
  • Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
  • Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
  • Adopt and include the outcomes of extensive research in problem solving processes.
  • Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.
  • All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship - our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset - to Empower, Challenge and Drive - the operating manual for how we behave. Join us as a Consumer Credit Lawyer Vice President within our Unsecured Regulated Lending team at Barclays. This team sits within Barclays UK Legal and is responsible for legal advice and legal risk management for consumer credit lending in Barclays UK PLC. As a Barclays Legal Counsel you will support the full range of consumer lending products - loans, credit cards, overdrafts and point of sale finance products, including the Barclaycard and Barclayloan brands. You will work within a strong but friendly team of experienced lawyers. Your work will also cover new product development and strategic partnerships.

  • Be a qualified lawyer/solicitor with experience gained in either private practice or in-house in a finance legal team;
  • have experience advising senior business stakeholders on consumer credit law - CONC and the Consumer Credit Act - and other relevant laws and guidance such as the Consumer Rights Act, the Payment Services Regulations and the FCA Handbook including the Consumer Duty;
  • be self-motivated and committed to learning and development;
  • keen to keep yourself updated ahead of changes to laws and FCA guidance and able to advise the business on future change;
  • have strong technical skills and a good understanding of the heavily regulated environment in which BUK operates, taking a proactive approach to legal and regulatory risk management.
  • You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.