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Legal Counsel (Regulatory)

Revolut

Revolut

Legal
New York, NY, USA
Posted on Dec 9, 2024

Legal Counsel (Regulatory)

Office: New York Remote: US

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 50+ 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 sits at the heart of Revolut as one of our most important areas of business. This focused bunch supports all other Revolut teams, helping us achieve our goals each and every day.

They’re special, they’re strong-willed, and they work across a myriad of different areas. We know this isn’t super common for an in-house role, but our team is just that good

Are you a problem solver? This one’s for you!

We’re looking for a Senior Legal Counsel who’ll advise Revolut on compliance and legal issues around our financial features.

You'll be an expert in consumer credit and financial regulation who excels at leadership, yet dares undertake a hands-on role when needed.

Excited to join? We can't wait to have you on board.

What you’ll be doing

  • Advising the business on compliance and legal issues surrounding structuring of new and existing financial products, and the marketing of them
  • Being an integral part of product and commercial teams; working with them to help design and deliver compliant solutions
  • Helping structuring and expanding Revolut’s products and managing regulatory expectations, requirements, and applications
  • Assisting other functions to draft, plan, and/or implement compliance policies and procedures for banking services regulatory matters for these products
  • Engaging proactively, and work alongside local regulators
  • Excelling at leadership while also undertaking executional work. This is a hands-on role and you'll be expected to handle significant and complex legal matters with short turnaround times

What you'll need

  • 5+ Years experience as a Legal Counsel
  • Excellent academic and law firm credentials
  • Experience in advising clients on financial regulation in the US in connection with other jurisdictions where we operate (we have home state regulators in the UK, Ireland, and Lithuania, and passports throughout the EEA)
  • You should be comfortable with financial regulation generally, but also be able to demonstrate a specialty or interest in one or more particular areas where we have operations (e.g. insurance, trading, crypto, etc - we’d love you to tell you what your specialty is and why we need it).
  • Bank holding company experience and foreign banking experience
  • Expertise in relevant financial laws and regulations: Bank Holding Company Act, Federal Reserve Act Sections 23A and 23B, and Federal Reserve Bank Regulations E, W, and Y, FFIEC Manual

Compensation range

  • New York: $204,300 - $227,000 gross annually*
  • US: $204,300 - $227,000 gross annually*
  • Other locations: Compensation will be discussed during the interview process

*Final compensation will be determined based on the candidate's qualifications, skills, and previous 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.

Refer to our Data Privacy Statement for Candidates for details on our data handling practices during your application.