Assistant General Counsel: Data and Technology

2 weeks ago


Basingstoke Hampshire, United Kingdom Glory Ltd. Full time
Assistant General Counsel: Data and Technology

Location: UK/Basingstoke

Job Code: 8749

# of Openings: 1

Description

ROLE PROFILE

ROLE TITLE:

Assistant General Counsel: Data and Technology

FUNCTION:

Legal

REGION:

UK

REPORTING:

General Counsel – Data and Technology, dotted line Group General Counsel & Company Secretary

LOCATION:

COMPANY OVERVIEW

As a global leader in cash technology solutions, Glory provide the financial, retail, cash centre and gaming industries with confidence that their cash is protected and always working to help build a stronger business.

Our cash automation technologies and process engineering services help businesses in more than 100 countries optimise the handling, movement and management of cash. While we span the globe, we personally engage with each customer to address their unique challenges and goals — enhancing staff efficiency, reducing operating costs and enabling a more rewarding customer experience.

OneBanks, a subsidiary of Glory, is an exciting new fintech business who promises to become the leading shared banking network globally by leveraging innovative and cutting-edge Open Banking technology and world-class software to enable customers to access a wide range of banking services regardless of their bank, in a secure, user-friendly way. Our services can be accessed through our staffed and accessible kiosks where customers can benefit from face-to-face support from qualified professionals for their basic banking needs, regardless of which bank they have accounts with.

These physical kiosks help drive digital inclusion, bridging the growing digital divide in society and supporting financial inclusion through better access to banking services in the community. This social purpose drives our people and we’re passionate about combining the latest technology with human banking to become the new face of high street banking.

We offer peace of mind. We enable transformation. We generate options. We empower people. We do all this by releasing companies from the burden of cash management, putting cash to work, enabling access to cash and payment technology, and by helping customers enhance the value that their staff and facilities add to their business .

ROLE PURPOSE

To ensure that the Glory and OneBanx businesses are adhering to all applicable laws, regulations, and policies. This involves supporting the General Counsel – Data and Technology, and external advisers, to support top-line growth and bottom-line efficiencies. As a key part of the compliance process, the role will include monitoring Onebanx's activities, identifying any potential risks or compliance issues, and taking corrective action to ensure that the business is compliant with all relevant legal and regulatory requirements. The role is also responsible for implementing internal controls, providing guidance and training on compliance matters, reviewing compliance data and conducting internal audits to ensure that the company is meeting its compliance obligations.

KEY RESPONSIBILITIES

· Managing drafting, evaluation & negotiation through to execution of a variety of commercial agreements, review of customer proposed terms and conditions working closely with the commercial teams and General Counsel – Data and Technology to provide comprehensive legal support across the region.

· Perform risk assessments and reviews to ensure compliance with applicable laws and regulations.

· Monitor changes in legislation and advise management of necessary compliance measures.

· Develop, implement and review policies and procedures to ensure compliance with relevant regulations.

· Manage compliance activities and report to the OneBanx Board and Audit and Risk Committee on the adequacy and effectiveness of the risk management process, identifying areas to mitigate and remedial actions, including driving implementation as applicable.

· Liaise with the relevant external bodies to ensure compliance with regulations.

· Exercise oversight over governance, risk, compliance, and control arrangements.

· Provide training to staff on areas such as financial crime and data protection.

· Monitor compliance by company employees with established procedures to identify areas of recurrent pressure or friction for improvement opportunities.

· Ensure compliance with relevant FCA authorisations and coordinate with OneBanx’s regulated payment service provider (Nuapay).

· General support including compiling and distributing a variety of high-level reports, both internally

and externally.

· Handle on-going commercial issues and change management, monitor transaction compliance (milestones, deliverables, invoicing etc) and support contract close-out, extension or renewal. Software and data focus is a large part of the role and a candidate will be expected to have SaaS, IaaS and general licensing experience.

· Support Data Protection matters (GDPR standard) across the Group to ensure robust compliance.

REQUIRED EDUCATION AND QUALIFICATIONS

· Excellent knowledge of the banking industry regulations and laws, as well as data protection laws.

· Excellent written and spoken communication skills, proven ability to manage external counsel and internal clients.

· Strong legal and commercial awareness and the ability to deal with problems in a pragmatic and logical way.

REQUIRED EDUCATION AND QUALIFICATIONS

· Have a broad understanding of all aspects of commercial law, and compliance experience.

· Excellent written and spoken communication skills.

· Strong commercial awareness and the ability to deal with problems in a pragmatic and logical way.

· Ability to take responsibility and act autonomously including an ability to take difficult decisions and provide substantiated arguments.

Qualifications:

· Licensed lawyer with minimum 2 years PQE experience from major firms / brands and relevant company experience

GLORY SPIRITS

The Glory Spirits & Behaviours reflect the values and behaviours that are critical to the ongoing success of Glory and as such represent the foundations of our behaviour globally to lead us to realise our mission:

Value Creation - strive to create value for customers

Self-Starter - understand the objectives of your own work and are proactive in achieving goals

Collaboration - respect diversity and create a culture of collaboration to work with each other to achieve a common goal

Integrity - understand Glory’s mission and act with responsibility and pride to realise achievement and act and behave with high integrity and a strong sense of ethics

Own Growth -leverage our own talent and achieve personal development by adopting a broader perspective; looking beyond our own work.

Glory believes in equal opportunity for all qualified persons and will not discriminate against any applicant for employment because of race, colour, religion, marital status, national origin, gender, age, disability, veteran status, or any other status protected by law.

Third Party Agencies

Unsolicited resumes will not be accepted by Glory.Should an agency choose to send unsolicited resumes, Glory reserves the right to review such resumes but will not be held liable for any fees/charges associated with a candidate hire except where a formal written agreement is in place between Glory and the Agency to source candidates for a specific role.

Third Party Agencies

Unsolicited resumes will not be accepted by Glory.Should an agency choose to send unsolicited resumes, Onebanx reserves the right to review such resumes but will not be held liable for any fees/charges associated with a candidate hire except where a formal written agreement is in place between Onebanx and the Agency to source candidates for a specific role.

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