FS Reg Banking Lawyer

A major Tier 1 UK law firm, widely recognised for its expertise in financial services regulatory law, is seeking to hire an experienced Financial Services Regulation Lawyer with deep knowledge of regulated lending and banking.

This is a strategic hire for the team’s next phase of growth. It will suit a lawyer with a strong track record in advising on regulated consumer lending products, retail financial services, and compliance with the Consumer Credit Act and FCA requirements.

The firm advises nearly every major UK retail bank and building society, acting as trusted regulatory counsel on both core product lines and innovative new offerings. You’ll work directly with leading partners and senior in-house legal and compliance teams on matters at the heart of the UK’s evolving regulatory landscape.

• Advising on regulated lending frameworks, including consumer credit and regulated mortgage agreements.
• Drafting, reviewing and structuring consumer-facing documentation, including hire-purchase agreements, credit cards, point-of-sale finance, and regulated mortgages.
• Providing strategic regulatory advice in relation to the Consumer Credit Act 1974, the Mortgage Credit Directive, FCA Handbook, and broader financial services legislation.
• Supporting clients on product design, regulatory perimeter analysis, and FCA authorisation and supervision issues.
• Advising on the regulatory impact of new legislation, policy developments, and consumer protection reforms.
• Working closely with corporate, commercial and disputes teams on the regulatory aspects of M&A, joint ventures, enforcement and internal investigations.
• Managing relationships with General Counsel and senior stakeholders at banks, building societies, Fin Tech's, and retail finance arms.

They are looking for an experienced and technically strong financial regulatory lawyer with:

• 5+ years PQE gained at a leading City, national or international law firm, or a combination of private practice and in-house legal experience within a regulated financial institution.
• Detailed and demonstrable knowledge of regulated lending and consumer credit, including the Consumer Credit Act 1974, FCA CONC, and mortgage regulation.
• Strong track record in advising retail financial services providers on compliance, conduct risk, and product development.
• Familiarity with regulated mortgage contracts, hire purchase agreements, and retail credit frameworks (including BNPL and digital lending models) is highly advantageous.
• A pragmatic, client-facing approach and a clear ability to simplify complex regulations for commercial application.
• Appetite for client engagement, thought leadership, and mentoring junior lawyers.
• Experience working with large banking clients or building societies – particularly those under dual regulation by the PRA and FCA.