Senior Legal Counsel

2 weeks ago

London, Greater London, United Kingdom Royal London Full time

Job Title: Senior Legal Counsel

Contract Type: Permanent

Location: Edinburgh, London or Alderley Edge

Working style: Hybrid 50% home/office based

Closing date: 9th June 2024

We are currently seeking a talented and experienced Senior Legal Counsel to join our team in our Edinburgh, Alderley Edge, or London offices. This role will complement a team of in-house lawyers who provide strategic legal advice, guidance, and support across the Royal London Group.

This newly created position offers a fantastic opportunity to shape the provision of legal advice to the Royal London's newly established Bulk Purchase Annuities (BPA) team. As a senior legal counsel, you will be responsible for providing expert legal advice and support in relation to bulk annuity and pension de-risking transactions. You will be responsible for ensuring compliance with all applicable laws and regulations, managing legal risks, and supporting business operations with sound legal strategies. This is a unique opportunity to work within a leading financial services organisation, helping to evolve the strategic direction and growth of the business.

The successful candidate will be a motivated and commercially focused legal professional, with a track record in providing legal advice on bulk annuities transactions. You will have strong knowledge of relevant legislation and regulations and be able to interpret complex legal issues and provide practical solutions. In addition, you will have excellent communication and negotiation skills, and be able to build effective relationships with internal and external stakeholders.

About the role

Provide expert legal advice and support in relation to bulk annuity and pension de-risking transactions. Draft, review and negotiate a variety of legal documents, including bulk purchase agreements. Develop legal strategies and provide guidance on regulatory compliance and risk management. Manage and mitigate legal risks, identify potential issues, and provide proactive solutions. Collaborate with external legal advisors, as necessary, and in a cost-effective manner. Participate in strategic decision-making processes, provide legal advice on business initiatives, and help drive overall business goals.

About you

A qualified Solicitor from a Common Law jurisdiction who holds a current practising certificate. Practical experience covering a wide range of legal matters with strong understanding of commercial and legal issues associated with bulk annuities and pensions de-risking transactions. Solid awareness of the principles of corporate governance, FCA/PRA regulations, and impact on the RL Group. Ability to collaborate with stakeholders and a proven track record working in a fast-moving environment. Experience working in the Financial Services sector would be preferred.

About Royal London

We're the UK's largest mutual life, pensions, and investment company, offering protection, long-term savings and asset management products and services.

Our to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here -

Inclusion, diversity and belonging

We're an employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background.

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