McGregor Boyall
Legal Counsel
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Legal Counsel | Banking as a Service (BaaS)
đź“Ť London (Hybrid) | 12-Month Fixed-Term Contract
We're partnering with an innovative financial services business to appoint a Legal Counsel to support the continued growth of its Banking as a Service (BaaS) and embedded finance propositions.
This is an exciting opportunity for a commercially minded lawyer who enjoys working closely with product, commercial, and technology teams to bring new propositions to market. You'll play a key role in advising on strategic partnerships, product development, and the legal and regulatory frameworks that underpin BaaS solutions.
What You'll Be Doing
- Providing practical, commercially focused legal advice across a range of BaaS and embedded finance initiatives.
- Supporting the design, development, and launch of innovative financial services products.
- Drafting, reviewing, and negotiating a variety of commercial and partnership agreements.
- Advising stakeholders on legal and regulatory risks while enabling business growth and innovation.
- Working closely with product, commercial, compliance, and regulatory teams to deliver customer-focused solutions.
- Monitoring and interpreting relevant legal and regulatory developments within the financial services sector.
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What We're Looking For
- Qualified Solicitor or Barrister with relevant post-qualification experience.
- Strong knowledge of the UK financial services regulatory landscape.
- Experience advising on banking, lending, payments, embedded finance, or Banking as a Service propositions.
- Excellent contract drafting and negotiation skills.
- Ability to balance legal risk with commercial objectives in a fast-paced environment.
- Strong stakeholder management and communication skills.
Preferred Experience
- Previous in-house legal experience within a bank, fintech, financial institution, or regulated financial services business.
- Experience supporting Banking as a Service (BaaS), embedded finance, POS lending, payments, or digital banking propositions.
- Familiarity with working alongside product and technology teams in an agile or delivery-focused environment.
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Why Apply?
- Opportunity to work at the forefront of embedded finance and banking innovation.
- High-profile role partnering with senior stakeholders across the business.
- Collaborative hybrid working environment.
- Exposure to cutting-edge financial services products and strategic partnerships.
If you're a commercially driven lawyer with strong financial services regulatory expertise and an interest in the evolving BaaS landscape, we'd love to hear from you.
McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.
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