Legal Counsel - Financial Crime

Overview

This role is to ensure that the institution’s activities are conducted in compliance with applicable financial crime laws and regulations, and to help the bank manage legal and reputational risks associated with its activities.

• Development and implementation of best practice legal strategies for risk management and compliance.
• Legal advice and support to the business on financial crime laws, regulations, and rules, including anti-money laundering (AML), sanctions, and anti-bribery and corruption (ABC) laws and regulations.
• Support other legal teams in representation of the bank in legal proceedings that raise financial crime issues, such as litigation, arbitration, and regulatory investigations.
• Advising on financial crime compliance policies and procedures including to assess 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 financial crime compliance practices.
• To support Compliance, contributing to and delivering training to educate employees on legal and regulatory requirements related to financial crime.
• 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.

• Qualified lawyer (solicitor, barrister, attorney or equivalent).
• Demonstrate some post qualification experience in the areas of litigation, investigations, enforcement and/or regulatory engagement on legal risk issues and/or delivery of legal advice to change programmes.
• Established senior stakeholder management skills and excellent relationship building including ability to work well with Legal colleagues in different teams globally and colleagues in other Functions.
• Ability to be effective in a fast-paced, complex and multi-dimensional environment.
• Understanding of the requirements of legal risk management and regulatory engagement in a financial institution.
• Experience of working on large scale change/delivery programmes in relation to control environments.
• Previous experience of working in the financial services industry, either in an in-house legal role or equivalent function with similar seniority.
• Previous experience of practicing law in relevant areas in advising the financial services industry, for example in private practice, or at a financial services regulator.

This is a full time permanent position based out of Glasgow or London.

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures.
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less…