Senior Legal Counsel - Financial Services at The Very Group

Liverpool, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

05 Oct, 26

Salary

0.0

Posted On

07 Jul, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Consumer Credit Law, Financial Services Regulation, Drafting and Negotiation, Stakeholder Management, Regulatory Compliance, Product Strategy, Incident Management, FCA Engagement, Data Protection, Commercial Contracting, Risk Management, Legal Advice

Industry

Retail

Description

Internal use only - Grade D About us We’re the team behind digital retailer Very. Our purpose, helping families get more out of life, powers everything we do. And we want our people to get more out of life too! If you’re high-performing, ambitious and make the most of every opportunity, we want to hear from you. In return, you’ll enjoy heaps of flexibility, great perks and benefits, and the freedom to be yourself, keep learning and take your career wherever you want it to go. If you love making a difference, you’ll love making it sparkle for millions of Very customers. ✨ About the team Our Legal team plays a critical role in helping us deliver products and services that support millions of customers with their everyday financial needs. Working closely with colleagues across the business, they provide commercially-focused legal advice on a wide range of financial services matters, ensuring that our products are innovative, accessible and compliant, while maintaining great customer outcomes. The team's work directly supports our purpose of helping families get more out of life. Whether enabling customers to access convenient payment solutions, protecting them through robust regulatory compliance, or supporting the development of new products and services, we help create safe, simple and trusted financial solutions that make a positive difference to people's everyday lives. About the role As a Senior Financial Services Solicitor, you'll have the chance to shape important initiatives, influence business decisions at a senior level and work alongside talented colleagues who are passionate about delivering great outcomes for our customers. We’re looking for a highly skilled Financial Services Senior Solicitor to join our Legal team. You’ll be a trusted partner to senior stakeholders across FS, Risk, Compliance, Product, Operations and Technology, providing pragmatic, commercially focused advice on consumer credit, regulated lending, payment services and broader financial services matters. You’ll help shape product strategy, manage legal risk, and support our growth with compliant, customer-centric solutions. Provide expert legal advice on UK financial services and consumer credit law (e.g., Consumer Credit Act, FCA Handbook, Consumer Duty), payment services, data protection, and broader financial services regulation. Advise on the design, launch and lifecycle of regulated products (e.g., credit accounts, BNPL, fixed-sum loans, payment solutions), including terms, disclosures and customer communications. Draft, review and negotiate a wide range of commercial and FS agreements (e.g., outsourcing, servicing, technology, intermediated distribution, data sharing, sponsorship/partnerships, supplier contracts). Support regulatory change programmes (e.g., Consumer Duty enhancements, credit reforms, operational resilience, financial promotions) and horizon scan for emerging developments. Partner with Compliance and Risk to develop policy, governance and control frameworks; contribute to committee papers and board materials. Lead on incident management, complaints and remediation strategies, with a focus on fair customer outcomes. Manage engagement with the FCA and other regulators, including notifications, information requests and supervisory interactions. Provide clear, concise training and guidance to business teams; upskill colleagues on regulatory expectations and best practice. Instruct and manage external counsel effectively, controlling cost and ensuring high-quality output. Mentor junior lawyers and contribute to continuous improvement across the legal function. About you Qualified Solicitor in England & Wales with strong post-qualification experience (typically 5+ PQE, but we’re open to the right candidate). Deep knowledge of UK consumer credit and financial services regulation, with in-house retail FS or top-tier private practice experience. Proven track record advising on the end-to-end delivery of regulated products and financial promotions in a digital environment. Excellent drafting and negotiation skills; adept at turning complex regulation into practical advice. Comfortable operating in a fast-paced, data-driven environment with multiple priorities. Strong stakeholder management and communication skills, with the confidence to influence at senior levels. Sound judgement, high integrity, and a passion for delivering fair customer outcomes. Experience with operational resilience, outsourcing, data protection, and technology/supplier contracting is advantageous. Some of our benefits Flexible, hybrid working model Inclusive culture and environment, check out our Glassdoor reviews £6,500 flexible benefits allowance to suit your needs 30 days holiday + bank holidays LinkedIn Learning access Bonus potential (performance and business-related) Up to 25% discount on Very.co.uk Matched pension up to 6% More benefits can be found on our career site How to apply Please note that the talent acquisition team are managing this vacancy directly, and if successful in securing this role, you will be required to undertake a credit, CIFAS, Right to Work checks and if a specific requirement of your role a DBS (criminal records) check. Should your application progress we require you to let the team know if there is anything you need to disclose in relation to any of these checks prior to them being undertaken, including any unspent criminal convictions. What happens next? Our talent acquisition team will be in touch if you’re successful so keep an eye on your emails! We’ll arrange a short call to learn more about you, as well as answer any questions you have. If it feels like we’re a good match, we’ll share your CV with the hiring manager to review. Our interview process is tailored to each role and can be in-person or held remotely. You can expect a two stage interview process for this position: 1st stage - A one hour remote interview with the hiring team to discuss your skills and relevant experience + competency questions. This is also a great opportunity to find out more about the role and to ask any questions you may have. 2nd stage - A one hour face to face interview on-site at our Head Office in Speke, where you will complete a piece of task work, and discuss our Company values. As an inclusive employer please do let us know if you require any reasonable adjustments. If you'd like to know more about our interviews, you can find out here. Diversity, inclusion and equal opportunities We’re building a culture of everyday inclusion, and welcome applications from anyone who believes they can do the job. We don’t discriminate based on age, disability, gender reassignment, marriage or civil partnership, pregnancy or maternity, race, religion or belief, sex, or sexual orientation. We want our recruitment process to be accessible to everyone. If you need reasonable adjustments to apply, interview, or perform a role, let us know via talentacquisition@theverygroup.com. We’ll be happy to support you. We’re proud to be a Disability Confident Committed Employer and have nine brilliant colleague networks - including DAWN (Disability Awareness at Very) and Think (Neurodiversity at Very) - that are helping us make Very an even more inclusive place to work.

Responsibilities

Provide expert legal advice on UK financial services, consumer credit law, and regulated product lifecycles. Manage regulatory relationships with the FCA and lead on incident management and remediation strategies.