Head of Legal (Payments)

About Revolut

People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 45+ million customers get more from their money every day.

As we continue our lightning-fast growth,‌ 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work™. So far, we have 10,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and 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 in a lot of different areas (which isn't that common for an in-house role, we know, but they're just that good). From structuring innovative new products 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 Senior Legal Counsel who'll act as an independent advisor to the UK Bank team. You'll have dual reporting lines into the senior leadership of the UK Bank and Group Legal teams. You'll be an independent advisor to Group Legal to the UK Bank, but you will also have the support of Group Legal's Commercial, Corporate, Disputes (etc.) functions. Your primary functions are to act as a source of independent advice to the UK Bank, and to bring retail banking and prudential expertise to the UK Bank to support in rolling out its product suite to Revolut’s UK customers.

Why not come and join the journey and help us shape the future of banking.Excited to join? We can't wait to have you on board 🚀

What you’ll be doing

• Advising the UK Bank on legal and regulatory issues surrounding structuring, marketing, and promotion of banking and group products
• Advising the UK Bank on legal and regulatory issues surrounding its operations generally 
• Helping structure and expand Revolut's products and managing applications and/or communications with the PRA and FCA in relation to these products
• Managing operational risk, including regulatory filings and registration preparation
• Identifying, assessing, monitoring, managing, and reporting on compliance risk in relation to banking products
• Liaising with specialist external counsel, and distilling and coordinating advice for senior management and non-legal audiences
• Excelling at leadership while also undertaking executional work to handle significant and complex legal matters with short turnaround times

What you'll need

• 8+ years of PQE experience
• Excellent academic and law firm credentials
• Sound judgement, composure under pressure, and a collaborative mindset
• Confidence making decisions where there's ambiguity or incomplete information
• Expertise in financial regulations and advising clients in the following areas:, CASS, FSMA, PSD II, and the provisions of the FCA and PRA Handbooks
• Exceptional stakeholder management and communication skills

Nice to have

• Experience in advising clients/stakeholders on Capital Requirements Directives and prudential requirements
• Consumer credit experience