Legal Counsel Regulatory

The role

A Regulatory Counsel will prepare regulatory submissions and advise senior leadership on regulatory risk. The role involves drafting and monitoring customer credit documentation and assisting with broader legal work.

What you will do

• Draft submissions and supporting materials such as Appointed Representative/IAR applications and waiver/modification requests
• Identify and communicate key legal and regulatory matters for new products, markets and geographies
• Draft and maintain customer credit documentation including credit agreements, PCCI, statements, and notices
• Manage versioning and approvals for customer documentation
• Provide advice to the CCO and senior management on risks and mitigations
• Commission advice from legal and other advisers
• Prepare, review and negotiate commercial agreements and supply terms
• Review and negotiate NDAs
• Identify key compliance risks and monitor and control them

Required qualifications

• Qualified UK Solicitor
• Knowledgeable and experienced in the areas of Consumer Credit Act, FCA Handbook including CONC
• Excellent written and verbal skills
• Strong ability to evaluate risk and propose risk-based actions
• Ability to negotiate with external parties and reach acceptable outcomes
• Strong team-player qualities

Nice to have

• Knowledge of the Payment Services Directive where relevant to consumer lending activities

Benefits

• Equity
• 25 days holiday a year, plus 8 bank holidays
• 2 paid volunteering days per year
• One month paid sabbatical after 4 years
• Employee loan
• Free gym membership
• Team wellness budget

About the company

Abound is a fintech consumer lender redefining consumer lending in the UK and beyond using advanced AI and Open Banking data. The company has issued over £1.3bn in loans and is backed by investors including Citi, GSR Ventures, and Deutsche Bank.