Senior Lawyer – Consumer Relationships Legal

Lloyds Banking Group•Halifax, NS

8d•£114,606 - £134,830•Hybrid

About The Position

At Lloyds Banking Group, we’re driven by a clear purpose: to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses, and communities. We’re on a mission to transform our business to deliver customers a first-class digital experience backed with great channel assistance and attractive, innovative products. We have an exciting opportunity for a qualified lawyer with a minimum of five years post qualification experience to join the Consumer Relationships Legal team. You’ll join a positive and pragmatic legal team that works hand in hand with the Consumer Relationships business, which focuses on UK personal retail bank and savings accounts and related services, UK Private Banking, propositions and channels through the Customer & Commercial function, alongside payments and digital initiatives. The primary areas of focus for this role will be advising the UK Private Banking business. The role requires someone who delivers influential insight, engages proactively with senior partners, provides business friendly legal advice and can operate as a subject matter specialist. The role may also include delegated line management responsibilities. You should be confident in mentoring colleagues and supporting them in embedding effective legal risk management. Thinking strategically about the operation of the team and the way legal services are used and delivered is encouraged, including exploring and using legal tech solutions. As a Consumer Relationships lawyer, your primary focus will be on CR matters. However, you may also be called upon to support other Consumer Legal teams or help deliver centralised Consumer Legal initiatives. As well as giving you broader experience, this flexibility helps us manage the demands on our teams in ever-more agile ways! There will also be opportunities to engage in and influence across the wider range of activities within our Legal & Secretariat community.

Requirements

UK qualified lawyer with at least 5 years of post-qualification experience, including relevant experience in financial services, ideally within areas relevant to private banking.
Strong understanding of Payment Services Regulations and Consumer Duty.
Experience in advising on matters under the consumer credit regime.
Knowledge of BCOBS, KYL/AML and ringfencing.
Ability to learn and adapt to new legal and technological developments.
Strong influencing and communication skills ideally with experience engaging regulators and industry bodies.
Proven track record of delivering legal advice in complex, cross-functional environments.
Experience collaborating with clients, business partners and internal teams to deliver solutions in a regulated environment.
A genuine curiosity about developing others and being part of a collaborative team.
Able to independently manage busy workload / competing priorities in fast paced environment.
Passion for our values of putting People-First, being Bold, championing Sustainability, Trust to achieve more together and being Inclusive.
Love to solve problems and challenge the status quo with innovative ideas.

Nice To Haves

Knowledge of cross-border lending considerations would be an advantage.

Responsibilities

Play a key role advising on a wide variety of Consumer Relationships and UKPB initiatives, including new and existing products and services, end to end customer journeys, digital propositions, existing and upcoming law and regulation, contributing to core business areas of the Group.
Support transformation projects, assisting in the delivery of changes to products and services.
Help shape and influence strategy in relation to relevant areas of legal, regulatory and industry change – with specific reference to UKPB.
Support new partnerships with third parties that meet our customers’ needs beyond banking, making valuable contributions and deepening relationships.
Offer insightful, high-quality legal expertise and commercial advice to UKPB and Consumer Relationships colleagues and their support areas (including relevant business platform teams) and facilitate the delivery of excellent outcomes for customers and the Group.
Build relationships with external partners including industry peers.
Build and maintain positive relationships with external lawyers and internal partners across Legal & Secretariat the business and in other functions (eg Risk and Compliance).
Identify knowledge gaps and deliver and organise training to team and business partners.
Reflect on service delivery and look for continuous improvement opportunities.
Collaborate with other legal teams and join Consumer Legal and Legal & Secretariat initiatives.