Legal Counsel

6 months ago

Coventry, United Kingdom Coventry Building Society Full time

About the role

We offer flexibility that counts - and we recognise that will look different for different people. We’ll consider a range of flexible working, and where we can we’ll make it happen. So whether it’s part time hours, job sharing or other flexible working patterns, have a chat with us before you apply to see what the possibilities are.

Role Purpose:

Work within the Society’s Legal Function to provide advice on a range of matters across the Society and assist the business in managing risk (whether legal, reputational or compliance).

This Legal Counsel role includes advising on a broad spectrum of legal issues but will have a focus on advising stakeholders on mortgages and saving accounts and ensuring that such products are designed and manged in accordance with regulatory requirements and the Society’s risk appetite, and which will also include the activities:

Core Contractual Documentation Assist (or at times lead) in the Society’s internal and external review of the Savings Account Terms and Conditions and Mortgage Conditions

Legal Advice Request queries Provide clear, prompt, effective legal advice to all functions and stakeholders in relation to savings and mortgages accounts

Complaints and Disputes Coordinate responses to material non-standard litigation matters

Other Legal Practice Areas  , charitable arrangements, sponsorships/marketing relationships and commercial contracts with a regulatory element.

Day to Day:

You will work as part of the Products team, reporting to the Lead Counsel, which has overall responsibility for Mortgages and Savings.

You will respond to queries from stakeholders and undertake the engagement of external legal or non-legal experts as required.

You will collaborate closely with other teams in the Legal Function and wider Society.

You will ensure that the Society remains compliant with legal and regulatory requirements in your area and acts in accordance with internal policies and procedures.

You will always ensure that an appropriate level of consistent and accurate advice and support is delivered to stakeholders in a highly compliant, professional, and timely manner and consider the impact of your advice and the actions of the business on the risk appetite of the Society (whether legal, reputational or compliance related).

About you

Your skillset:

Advisory: Skills to advise colleagues in a commercially practical and common-sense manner.

Responsibility: You have a strong alignment to the Society’s values and can evidence this in the way you manage and prioritise the activities for which you have responsibility.

Proactive: You will be developing professional skills, knowledge and experience in your specialist area but also have good broad legal knowledge

Teamwork: The ability to work effectively as part of the wider team and Legal Function is essential.

Essential Requirements:

You will be legally qualified and have demonstrable experience in the elements required for this role and in working in a complex and busy workplace. You have strong drafting and research experience Stakeholder management with the ability to negotiation, analytical and influencing skills

Desirable Requirements:

You will ideally have financial services experience and/or experience of working in a regulated environment.

  Hours : 35 - Mon to Fri hybrid working, with at least 1 day a week in the Coventry office.

About us

Where do we sit in the Financial Services industry?

We are the second largest Building Society in the UK with total assets of more than £56 billion as of 31 December 2022.

Were a member of the Building Societies Association.

We have million saver-members and a further 350,000 borrower-members

Our Common Equity Tier 1 ratio at , is well above regulatory requirements and the 2022 reduction reflects a change in industry wide regulation. This clearly demonstrates our financial strength and shows that we provide a safe home for savers and borrowers alike

What do Coventry Building Society stand for:

Our Ambition – Be the best mortgage and savings provider in the UK Our Purpose – Making People better off through life Our Belief – Mutuality is our strength. Our promise to be ‘All together, better’ brings to life our ethos as a building society Our Values – Caring, Ambitious, Responsible, Empowering, Straightforward

Diversity:

We’re building and nurturing teams where difference is valued, creating an inclusive and inspiring workplace. We think discrimination of any sort has no place in a modern society, including ours. Diversity brings unique ideas and perspectives, helping us to deliver better performance. We’ve made clear commitments to increase gender and race diversity in our senior teams over time, and an overall ambition to improve the representation of different sexual orientations, gender identities, disability, backgrounds and thinking styles in our workforce

Location

Coventry-Binley Business Park

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