Legal Counsel (Banking) - UK Bank

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 65+ 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 turns complexity into clarity by partnering with teams across Revolut to provide sharp, practical advice that helps the business move fast while staying protected. From structuring credit programmes to navigating new markets, the Legal team ensures growth is secure, compliant, and built for the long term.

We’re looking for a Legal Counsel who’ll act as an independent advisor to the (to be licensed) UK Bank team. You'll have dual reporting lines into the senior leadership of the UK Bank, and Group Legal teams.

You will be an independent advisor from 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 not already provided by Group Legal for our payments and e-money operations.

We are launching exciting new products, looking after our customers and closely managing our risks. Why not come and join the journey and help us shape the future of banking.

Up to shape what's next in finance? Let's get in touch.

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 related to bank-specific operations
• Structuring and expanding Revolut’s banking products
• Managing applications and communications with the PRA and FCA
• Managing regulatory filings and registration processes
• Identifying, assessing, monitoring, managing, and reporting on compliance risk in relation to banking products
• Liaising with external counsel and coordinating advice for senior management and non-legal audiences
• Leading legal projects while handling complex matters under short timelines

What you'll need

• 5+ years of PQE
• Excellent academic and law firm credentials
• Sound judgement, composure under pressure, and a collaborative mindset
• Confidence making decisions where there is ambiguity or incomplete information
• Expertise in financial regulations including CRD, CASS, FSMA, PSD II, and FCA/PRA Handbooks
• Exceptional stakeholder management and communication skills

Nice to have

• Consumer credit experience

Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

Important notice for candidates:

Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles.

• Only apply through official Revolut channels. We don’t use any third-party services or platforms for our recruitment.

• Always double-check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain.

We won't ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it’s a scam. Report it immediately.

By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Revolut. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Revolut may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Revolut's Candidate Privacy Notice