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Legal Counsel - Edinburgh

Commercial Contracts - In-House
Ref: 483 Date Posted: Monday 26 Sep 2022
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Excellent new role for a commercial lawyer to join the innovative in-house legal team of a leading UK financial institution. Role will be based in Edinburgh but flexible/hybrid working arrangements are also available.

Role Profile:

Identify and manage legal risk in delivering targeted, commercially focused legal advice on corporate, commercial and regulatory legal matters. This will include:

  • Support and advice on retail banking products and their development;
  • Negotiating and advising upon third party service;
  • Data and software contracts and debt and other asset sale arrangements;
  • Advising on general commercial, regulatory and litigation legal queries.

Responsibilities:

  • Providing practical commercial legal advice to all business areas in relation to: (i) new contractual arrangements, including negotiation, reviewing and drafting contracts; (ii) existing contractual arrangements, including managing contractual relationships and disputes; and (iii) compliance with the law and new legal developments.
  • Acting as a trusted advisor to develop a good understanding of business objectives and customer outcomes and provide appropriate commercial and customer-centric expertise and advice, which aligns with key strategic goals and adds value to the business.
  • Pro-actively identifying legal risks, advising on appropriate mitigation strategies and ensuring these risks are effectively managed and escalated.  
  • Conducting horizon scanning and advising on legal and regulatory change.
  • Being proactive, adaptable and working in an agile and collaborative way with colleagues and stakeholders to ensure products and business processes work for customers.
  • Responding to operational, complaint and process queries as they arise.
  • Supporting good governance by understanding risk appetite, escalating high risk or complex matters and providing input to approval and briefing documentation.
  • Balancing and prioritising workload, dealing with a number of competing matters at any one time.
  • Identifying opportunities for business improvement across the business.
  • Supporting compliance with the Legal Policies and provision of relevant training to colleagues.

Candidate Requirements:

  • Fully Qualified Solicitor with circa 4+ PQE.
  • Significant commercial legal experience either in-house or in private practice;
  • Track record of delivering pragmatic risk-based legal advice;
  • Experience of strong relationship management (both internal and external stakeholders);
  • Experience in the finance or technology sectors would be advantageous and desirable but not essential. This may include: advising on retail financial services products, Consumer Credit matters and regulation;
  • Sound legal, analytical, drafting and writing skills;
  • High level of integrated thinking to solve problems;
  • Proactive and highly organised;
  • Customer orientated with excellent communication and presentation skills;
  • Flexibility to be able to deal with a range of legal issues;
  • Capability to work with the business at all levels;
  • Ability to balance and prioritise workload and deal with a number of competing projects at any one time.

On Offer:

On offer is a highly competitive salary and benefits package including flexible working, pension and bonus.

To Apply:

For a confidential discussion about this position or to apply, please contact:


David Thomson- Director

Edinburgh: 0131 450 7164

Email: david@thomsonlrc.com