Senior Legal Counsel - Financial Services & Regulatory

Unlocking Opportunities in Financial Services and Regulatory Law

The role of Senior Legal Counsel - Financial Services & Regulatory at Pennylane offers a unique opportunity for legal professionals to make a significant impact in the financial services sector. As a key member of the legal department, the successful candidate will be responsible for driving the legal function of the company's financial services activity, ensuring compliance with regulatory requirements, and providing strategic legal advice to support business growth.

Key Responsibilities and Challenges

• Structuring and executing the legal path to authorization for financial services, including interpreting requirements, translating them into an internal plan, and ensuring deliverables are complete and consistent across teams.
• Defining the target operating model for financial services, including intra-group and outsourced arrangements, and ensuring it is legally defensible and well-documented for the application.
• Providing legal oversight of day-to-day legal and corporate matters, including policies, governance, reporting support, and inspections.
• Leading the legal work for launching new regulated products and entering new partnerships, and managing the legal aspects of onboarding and migrating customers to the licensed subsidiary.

The ideal candidate will have a strong background in financial services and regulatory law, with experience in a similar role and a deep understanding of the regulatory landscape. They will be a strategic thinker, able to navigate complex legal and regulatory issues, and a strong communicator, able to provide clear and concise advice to stakeholders.

Career Benefits and Opportunities

This role offers a unique opportunity for career growth and development, with the chance to work on a greenfield project and shape the legal culture of a fast-growing fintech company. The successful candidate will have the opportunity to work closely with senior stakeholders, including the General Counsel and the Chief Compliance and Risk Officer, and to develop their skills and expertise in financial services and regulatory law.

Preparation Strategies and Tips

• Develop a deep understanding of the regulatory landscape and the legal requirements for financial services companies.
• Build a strong network of contacts in the industry, including regulators, lawyers, and other professionals.
• Stay up-to-date with the latest developments and trends in financial services and regulatory law.
• Develop strong communication and interpersonal skills, with the ability to provide clear and concise advice to stakeholders.

Frequently Asked Questions

• Q: What is the role of the Senior Legal Counsel - Financial Services & Regulatory at Pennylane? A: The role is responsible for driving the legal function of the company's financial services activity, ensuring compliance with regulatory requirements, and providing strategic legal advice to support business growth.
• Q: What are the key responsibilities and challenges of the role? A: The key responsibilities include structuring and executing the legal path to authorization, defining the target operating model, providing legal oversight of day-to-day legal and corporate matters, and leading the legal work for launching new regulated products and entering new partnerships.
• Q: What skills and experience are required for the role? A: The ideal candidate will have a strong background in financial services and regulatory law, with experience in a similar role and a deep understanding of the regulatory landscape. They will be a strategic thinker, able to navigate complex legal and regulatory issues, and a strong communicator, able to provide clear and concise advice to stakeholders.
• Q: What are the career benefits and opportunities of the role? A: The role offers a unique opportunity for career growth and development, with the chance to work on a greenfield project and shape the legal culture of a fast-growing fintech company.