Senior Counsel - Wealth & Trading


  • Location
    • London
  • Date Posted
  • 16 Jun 2020
  • Function
  • Legal
  • Sector
  • Fintech

About the role

Revolut Trading is the most exciting new business within the unicorn Revolut Group. We're building a global platform for wealth and trading to give Revolut customers unprecedented low-cost and friction-free access to the capital markets, starting with zero-commission stock trading with much more to follow. We are seeking a counsel to be the primary legal advisor for the Wealth and Trading Department (UK & EU) based in London. This role will report directly to the Head of Wealth and Trading and is suited to lawyers motivated and driven by a fast paced, cutting edge culture.

What you will be doing:

  • Helping to structure Revolut’s zero-commission trading platform in the UK
  • For all regulated activities, ensure that appropriate regulatory policies, procedures and controls are established, maintained and well documented
  • Provide guidance and support to business partners and senior management
  • Manage and coordinate any regulatory examinations, including written responses
  • Analyse changes to regulatory requirements and proactively handle regulatory developments
  • Navigate complex regulatory frameworks to design innovative financial products and services
  • Identify and draft necessary changes to the firm’s systems and procedures to meet the requirements of new rules/regulations
  • Draft agreements, policies and procedures, disclosures, account documentation and website materials
  • Research securities and brokerage questions and provide legal analysis and recommendations

What you'll need

  • Strong experience in advising clients on investments and trading matters (past experience in: retail-focussed products is a plus)
  • Strong client-service and customer orientation and strengths in forming good working relationships
  • High degree of independence, initiative and decisiveness
  • An enthusiasm and drive for delivering results
  • Strong analytical skills and an ability to demonstrate sound legal and business judgment, even in ambiguous situations
  • Excellent organisational skills, and an ability to manage multiple projects at once, to meet deadlines

Minimum qualifications:

  • Excellent academic and law firm credentials
  • 3+ years PQE of strong experience as a private practice lawyer dealing with financial services at a top law firm (and preferably) some in-house experience as well
  • Deep knowledge of relevant legal and regulatory requirements (you know your way around MiFID II)

A little about us…When Revolut was founded in 2015, we had a vision to build a sustainable, digital alternative to traditional big banks. Our mission now is to help our customers improve their financial health, empower them to have more control, and promote financial cohesion across the communities in which we operate. Launching into 2020 with 10 million Personal customers and over a quarter of a million Business customers only reinforced our belief in the vast need across the world for better financial services. As our customer base has boomed in the last year, we’ve expanded our team to match that growth. We started 2019 with several hundred employees; we closed it out with 2000.

What we’re looking for…Revolut is being scaled up by people all around the world who share our vision. We’re looking for people who align with our four core values: we Never Settle, we Get It Done because we Think Deeper and we’re Stronger Together. You’re the kind of person who wants to join a community of forward-thinking people, all personally and professionally invested in Revolut’s mission. You thrive in a collaborative space where everyone’s learning from each other, and learning fast. We believe in empowering our Revoluters in their work, giving them autonomy and ownership of what they do. We want everyone at Revolut to own their story and their successes - working with us means you’re not just another cog in the machine.

The benefits

Competitive salary

Biannual equity bonuses

  • All the latest tech you need
  • Skip the commute and work from home once a week
  • Roll with a free Revolut Metal subscription

Pension plan

Private health insurance

  • Start the day properly with fresh fruit and cereals
  • Stay refreshed: get juice, tea, coffee and soft drinks on tap
  • Rest up with 29 days’ holiday per year