Legal Counsel (Regulatory) - FinCrime

Revolut

Revolut

Legal
London, UK · United Kingdom · Remote
Posted on Wednesday, June 26, 2024

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.

They're special, they're strong-willed and they work on a lot of different areas (which is not that common for an in-house role, we know, but they're just that good) 🧠

From structuring credit programmes to launching into new territories, the Legal team does it all! Are you a problem solver? This one's for you!

We’re looking for a Legal Counsel who’ll advise Revolut on compliance and legal issues around our financial products. An expert of consumer credits and financial regulations, who excels as a leader but dares to undertake a hands-on role when needed.

Excited to join? We can't wait to have you on board 🚀

What you’ll be doing

  • Providing legal advice and support to the business and financial crime teams on issues related to AML/CTF, KYC/CDD, and fraud and sanctions.
  • Advising on new products and managing regulatory expectations, requirements, and applications
  • Navigating complex regulatory frameworks to design innovative financial products and services as they pertain to financial crime
  • Assisting other functions to draft, plan, and/or implement compliance policies and procedures.
  • Proactively engaging and working alongside local regulators across multiple countries
  • Advising on evolving legal and regulatory environment and delivery training, if required
  • Advising on legal requirements for law enforcement requests and court orders
  • Working closely with senior management and regional teams and managing relevant stakeholders
  • Responding to consultations on changes to legislation and collaborating with trade associations

What you'll need

  • 5+ years of PQE
  • Significant experience advising financial institutions on contentious and non-contentious financial crime matters, preferably in-house or secondment to a financial institution
  • Experience in and strong understanding of financial regulations and specifically financial crime regulations
  • To be highly organised and structured
  • Excellent drafting skills
  • Excellent stakeholder management skills
  • Fluency in English with excellent written communication skills

Nice to have

  • Experience advising clients on financial crime regulations in other jurisdictions where we operate

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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