Regulatory Lawyer - UK wide

at

Experian

Nottingham, United Kingdom
Full Time
3y ago

Company Description

Who are Experian?

We unlock the power of data to create opportunities for consumers, businesses and society. At life’s big moments – from buying a home or car, to sending a child to university, to growing a business exponentially by connecting it with new customers – we empower consumers and our clients to manage their data with confidence so they can maximize every opportunity.

For more than 125 years, we’ve helped consumers and clients prosper, and economies and communities flourish – and we’re not done.

Our 17,800 people in 45 countries believe the possibilities for you, and our world, are growing. We’re investing in new technologies, talented people and innovation so we can help create a better tomorrow.

Job Description

Experian are pleased to announce an exciting career opportunity for a Regulatory Lawyer to be the legal advisor to management and business on legal and regulatory matters (mainly including credit reference agency, open banking and FCA requirements). Supporting the B2B business as lead relationship lawyer working independently for the relevant designated Experian business unit (Business Information, Digital Consumer Information and Targeting). 

Sound interesting? Here's what you'll be tasked with:

Providing core legal advice

To give clear legal advice & insight on open banking and FCA regulatory matters as needed by Experian to launch or update products at pace and within risk appetite through providing challenge and support to the first line of defence, compliance team and, as appropriate, other teams within Experian. To monitor the regulatory directions and actions of the FCA and relevant legislatures. To collaborate with legal and compliance colleagues to find ways to empower the first line of defence to get compliant products into client's hands at pace.

Associated legal advice

To be able to spot and provide preliminary advice on associated legal issues (including, for example, privacy, Brexit, competition law issues, intellectual property, discrimination & fairness, risks of legal proceedings). Where necessary for strategic or specialist knowledge reasons, to obtain external legal advice (through a competitive fee challenge approach where appropriate)

Legal operations

Meet legal team's minimum standards including as to: maintaining and keeping updated files in the legal team's case management system; time recording; contributing to and updating the legal team's knowledge sharing tools; play an active part in legal team meetings and in the Experian legal community; instructing of external lawyers. To look for ways to streamline the delivery of legal advice, knowledge and insight through the use of IT, automation or other options.

Business relationship management 

May act as the primary relationship contact between the legal team and a designated business unit: to seek to understand the strategic direction, needs and priorities of that business unit and join forces with them; to help the business unit understand its legal and regulatory obligations and help those feed into its strategic direction; to share and capture knowledge about the business unit for the benefit of the whole legal team; to be accountable for overseeing and tracking the work across the legal team for that business unit – escalating and influencing as necessary. Collaborate with colleagues across the team, business unit and wider Experian to help ensure that desired outcomes get delivered

Could this be the role for you? Here's what we're ideally looking for:

Likely to have at least six years post-qualification experience as in-house lawyer advising on regulated products (either direct to consumer or business) within a regulated business. Knowledge and understanding of the workings of Credit Reference Agencies alongside the products and services offered in the B2B space would be highly desirable. Exposure to and understanding of GDPR and UK Data Protection Act 2018 governance and it's practical implications would be advantageous alongside a good working knowledge of the regulatory framework including FCA permissions, FCA Handbook and Rules.

A background which has provided you with exposure to any of the following;

  • Financial services, payments, open banking, AML/KYC, competition law and/ or contracts work would be desirable in providing you with transferable skills but in-depth knowledge of all of these areas is not essential.
  • You will be motivated by interesting, fun and challenging work, working equally well both independently and as part of a team.
  • You will be comfortable providing advice in a fast paced environment, proactively working alongside the business to come up with innovative and practical solutions to new problems.
  • Evaluating and mitigating the risks (legal, regulatory, reputational and conduct) will be second nature to you.
  • You must demonstrate a commitment to the use of IT and automated systems to assist in the delivery of legal services, and an understanding of the importance of knowledge management being prepared to share knowledge and educate more junior members of staff.
  • A track record of stakeholder management and experience in acting as a "business partner" in an in-house legal team required.

Qualifications

Qualification as a solicitor, barrister or chartered legal executive (in England & Wales, Northern Ireland or Scotland), qualified as a lawyer in a member state of the European Union or qualified as a lawyer in another common-law jurisdiction.

Additional Information

Why choose us?

Our colleagues’ health and wellbeing is a top priority for us, that’s why our reward, benefits and wellbeing programmes are designed so you can come to work feeling your very best self. Our benefits focus on health, money and lifestyle so you can tailor your benefits to your own personal needs. Whether it’s your physical and mental wellness, getting to work or planning for the future, we have a range of flexible options to have you covered!

At Experian we are committed to building an inclusive culture and to creating an environment where people can balance successful careers with their commitments and interests outside of work. We care about work that works, whether that’s about where you work or adjusting your hours to fit better with your life. Our flexible working practices, including our hybrid working model where employees can split their working time between the office and their home, support our belief that this balance brings long-lasting benefits for our business as well as our people. So that you can love where you work please discuss what works for you with your recruiter during the hiring process.

 

Could this be the role for you? Apply now to start your journey with Experian.

To learn more about our culture and what it’s really like to work here, check out our interactive guide here: https://view.pagetiger.com/experianguideforcandidates/1

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