Legal Counsel - Digital & Technology | S3 | Legal

Posted 23 Days Ago
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Milton Keynes, Buckinghamshire, England
Mid level
Financial Services
The Role
The Legal Counsel will provide strategic legal advice on outsourcing, digital and technology contracts within the financial services sector. Responsibilities include drafting and negotiating agreements, managing stakeholder relationships, and ensuring compliance with legal and regulatory requirements.
Summary Generated by Built In

Legal Counsel - Digital & Technology | S3 | Legal

Country: United Kingdom

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The Legal Counsel role sits within the wider Digital, Technology & Operations Legal team, which advises on Digital, Technology, Operations, Infrastructure, Payments, Data Privacy and Intellectual Property.

You will be drafting, negotiating and advising on outsourcing (including material outsourcing) agreements as well as assisting on other technology and digital contracts, including cloud agreements, software licences, services agreements and intra-group arrangements (this includes advising on the regulatory regimes that apply to such transactions).

The difference you’ll make:

  • Providing strategic advice to the relevant business teams to support with structuring and implementing innovation and technology projects (including the development of customer facing apps)
  • Working closely with senior stakeholders in the Bank to deliver expert, accurate, concise, commercial and cost-effective legal advice that is readily understandable to non-lawyers
  • Demonstrating creativity and innovation in reaching practical solutions on complex subject matters and be comfortable challenging when appropriate to ensure compliance with all relevant legal and regulatory requirements
  • Sharing technical skills, experience and best practice with colleagues and the wider business and support other departments through training and the development of legal templates and checklists
  • Keeping abreast of external developments in the law and financial services industry to enable Santander UK to react appropriately and in line with best practice, continuously seeking to improve processes, practices and policies
  • Answering legal queries from internal customers as well as managing external suppliers/ stakeholders to successfully deliver advice, projects and other outcomes on a timely basis

What you’ll bring:

These are the essential requirements you need to be successful in this role:

  • Experience providing legal advice that is readily understandable to non-lawyers
  • Excellent knowledge and experience of outsourcing, digital, technology and commercial contract law and applicable regulatory regimes
  • Excellent knowledge of the regulatory regime impacting outsourcing in financial services, for example the Prudential Regulation Authority’s (PRA) Supervisory Statement on Outsourcing and Third Party Risk Management (SS2/21)
  • Ability to manage and influence stakeholders

It would also be nice for you to have:

  • Experience dealing with a large volume of matters and competing demands
  • Excellent project management skills, with an ability to manage multiple, conflicting interests and deadline
  • Banking experience

What else you need to know:

This role is based in Milton Keynes.

We want our people to thrive at work and home, and also be able to deliver the best outcomes for our customers and to help each other develop. To support this, we offer site-based contracts with a hybrid working pattern and our expected level of attendance in an office is at least 12 days per month (pro-rata for part-time roles).

If you apply for this role in this location, it’s important you consider your travelling distance, time and cost from your home to the office location.

We’re happy to discuss specific working patterns and arrangement within this hybrid approach during the recruitment process.

If you’re interested in this role but with part time hours or a job-share we would still love to hear from you and discuss these.

Inclusion:

At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.
How we’ll reward you.

As well as a competitive salary, you’ll enjoy a benefits package that you can tailor to your needs.

  • Eligible for a discretionary performance-related annual bonus.
  • We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer.
  • 30 days’ holiday plus bank holidays, which increases to 31 days after 5yrs service, with the option to purchase up to 5 contractual days per year.
  • £6,000 car allowance per year.
  • Company funded individual private medical insurance.
  • Voluntary healthcare benefits at discounted rates such as private medical insurance for your family, dental insurance, and health assessments.
  • Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.
  • Share in Santander’s success by saving or investing in our share plans.
  • As a Santander UK employee, you are able to request staff versions of our products like our Edge Current Accounts and Credit Cards with no fees, as well as apply to many other deals and discounts in Santander products and services.

Learn more about our benefits and family friendly policies

What to do next:

If this sounds like a role you’re interested in, then please apply.

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through telephone, email, or face to face. You can contact us at [email protected] or call 0870 414 9080.

The Company
HQ: Boadilla del Monte, Madrid
136,172 Employees
On-site Workplace

What We Do

Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group’s activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first quarter of 2024, Banco Santander had €1.3 trillion in total funds, 166 million customers, 8,400 branches and 211,000 employees.

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