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Senior Legal Counsel

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PensionBee

1mo ago

  • Job
    Full-time
    Senior & Expert Level
  • Legal
  • London
    Remote
  • Quick Apply

AI generated summary

  • You must be a UK qualified solicitor with experience in UK DC pensions, financial services law, GDPR, and commercial contracts, plus excellent communication and problem-solving skills.
  • You will ensure compliance with UK pensions law, assist with complex customer matters, manage litigation, and support the Chief Legal Officer on project-specific tasks and governance.

Requirements

  • Professional Qualifications: must be a UK qualified solicitor of good standing, or qualified to practice as a solicitor in the UK.
  • Professional Experience: the successful candidate must be able to demonstrate relevant experience for the role, which may be gained either in house or in private practice (or a combination of the two). Ideally candidates will have meaningful experience in a number of the following areas:
  • UK DC pensions, including death benefit entitlements, PSOs, KYC/AML compliance and relevant HMRC guidance and ITEPA regulations;
  • Inheritance law, guardianship and family law aspects of UK pensions;
  • Business to consumer financial services (ideally in the pensions sector) with exposure to working with the FCA (work with DWP and TPR would be considered favourably), with a particular focus upon consumer duty compliance, and HMRC, and the regulations each of they respectively administer;
  • UK GDPR/ITEPA and privacy and consumer protection law; and
  • General commercial law contracts and practice.
  • Professional Qualities and Skills: the key professional qualities and skills required are:
  • Excellent written communications (both for formal drafting, e.g. client documentation, agreements and correspondence and for daily communications, e.g. for training, communications between teams, with an ability to take complicated legal concepts or regulatory requirements and communicate them effectively to non-legal teams and an ability to bring people with them when dealing with legal resolutions to existing problems);
  • Proactive attitude, willing to engage on and build up experience in areas outside of your existing knowledge base and be prepared to apply your legal skillsets to take on work outside of a strictly legal remit; the successful candidate will be a problem solver (identifying the issue is just the start, the successful candidate needs to work collaboratively with other teams within PensionBee to resolve issues in a way that is practical and commercially effective);
  • The ability to work collaboratively and respectfully with internal and external stakeholders;
  • A willingness to train others and learn from others of all disciplines;
  • Ability to work in a fast paced, small team, in a non-hierarchical structure, that requires flexibility, respect for others and a sense of pride in what you do and the company you work for;
  • Ability to independently take on extended projects for legal / regulatory research, developing PensionBee policy in response to changes in the law and developing long term compliance infrastructure; and
  • A mature attitude and commitment to the responsibility of the legal function in a regulated publicly listed business, with an ability to engender in your colleagues and PensionBee stakeholders trust in and reliance upon your advice and work product.

Responsibilities

  • ensuring PensionBee’s compliance with UK pensions law and regulations, working with our Compliance (First and Second Line) and Risk teams, including ensuring compliance with as well as developing and maintaining PensionBee policies for implementation of pensions law and regulation;
  • working with our Compliance (First Line), Banking and Resolution teams on more complicated customer matters (including death benefits, more serious customer complaints, FOS and POS processes), as well as developing PensionBee policies, practices and precedents in this area;
  • pensions/consumer litigation management; and
  • assisting the Chief Legal Officer & General Counsel, both on a project specific and ad hoc basis, on relevant PensionBee committees in the areas of focus for this role and deputising (on an ad hoc basis) for the Chief Legal Officer & General Counsel where needed on various commercial negotiations and corporate governance matters.

FAQs

What is the job title for this position?

The job title is Senior Legal Counsel.

Where is the Senior Legal Counsel position located?

The position is located in Southwark, London, with the option for remote work within the UK.

Is UK Right to work required for this position?

Yes, UK Right to work is required.

What is the salary for the Senior Legal Counsel role?

The salary for this role is £97,000, along with an annual bonus and share options.

When is the expected start date for this position?

The expected start date is early 2025.

What are the key responsibilities for the Senior Legal Counsel?

Key responsibilities include ensuring compliance with UK pensions law and regulations, managing pensions/consumer litigation, and assisting the Chief Legal Officer & General Counsel on various matters.

What professional qualifications are required for this role?

Candidates must be a UK qualified solicitor of good standing, or qualified to practice as a solicitor in the UK.

What professional experience is preferred for candidates applying for this position?

Ideal candidates should have experience in UK DC pensions, inheritance law, business to consumer financial services, UK GDPR/privacy law, and general commercial law contracts.

What professional qualities and skills are essential for success in this role?

Essential qualities and skills include excellent written communication, a proactive attitude, collaborative working ability, and the capacity to manage extended legal/regulatory projects independently.

What benefits does PensionBee offer for this position?

Benefits include an end-of-year bonus, generous equity schemes, fully remote working, 25 days of annual leave plus extra leave for caregiving or disability, a pension scheme with a 5% employer contribution, and healthcare plans.

What is the hiring process for this position?

The hiring process includes a first-round interview, a legal writing task, a second-round interview, and an optional third-round interview for preferred candidates.

How does PensionBee approach diversity and inclusion?

PensionBee is committed to diversity and inclusion, having received awards for their efforts, and encourages applications from all candidates regardless of meeting every criterion. They also provide policies for flexible working and reasonable adjustments.

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PensionBee

Be pension confident. Combine, contribute and withdraw online. All in one place. (LON:PBEE). Capital at risk.

Finance
Industry
51-200
Employees
2014
Founded Year

Mission & Purpose

PensionBee is a leading online pension provider, helping you transfer your old pensions into one new plan, that you can easily manage online. We’re on a mission to make you pension confident by helping you take control of your pension savings and plan for a happy retirement. With PensionBee you can manage your pension from the palm of your hand: check your real-time balance, see your projected retirement income, and set up contributions and withdrawals online.