|Location:||Greater London, South Yorkshire|
|Job Type:||Full Time|
Location: Sheffield / London
Contract: Full Time
Hours: 37.5 hours per week
Salary: Dependant on location and experience
Benefits package: 30 days annual leave plus bank holidays, performance related bonus, cycle to work scheme, buy and sell holiday scheme, flexible working, health cash plan, life assurance and lifestyle benefits.
The General Counsel and Company Secretary, British Business Bank group provides strategic legal services of the highest possible standard for the Boards, the CEO, and the Executive. As the organisation operates at the intersection of public and private law, you will have the ability to command the confidence of senior stakeholders in both business and government and be very familiar with navigating within the boundaries of public law.
The General Counsel provides strategic legal advice on all aspects of the mandate and operational issues, covering governance, corporate and institutional legal matters. The services provided by the GC guide organizational priority-setting and decision-making within BBB’s mission. The General Counsel leads and ensures efficient and effective management of the Legal and Governance team, including its staff and financial resources. You will work closely with other senior executives to ensure effective communication and information flow that facilitates smooth and predictable decision-making and enables the Bank to deliver to its mandate.
This is a demanding and complex task and will require you to be an experienced leader. Delivery of the role will require buy-in from third parties and stakeholders including across Government. It will be important for you to develop strong partnerships with other members of the executive
The work of the legal Team/Company Secretariat:
- Advise the Boards and the Executive on the regulatory, commercial and public law risks to enhance decision-making and delivery;
- Develop and manage relationships with external law firms and ensure that any external legal resource is appropriate for the advice sought and cost effective;
- Advise on public, regulatory, state aid and trade law issues affecting the Bank’s schemes and products;
- Provide the necessary legal input on all transaction and contractual negotiations, responsible for protecting the Bank’s interests in the documentation and ensuring that a proper due diligence exercise is undertaken;
- Develop the Bank’s legal knowledge management systems;
- Advise upon public procurement and employment matters;
- Horizon-scan to define the regulatory landscape in which the bank operates;
- Establish effective and best practice governance processes for the Boards and their Committees (e.g. putting in place appropriate terms of reference) and ensure the efficient administration of the Executive meetings and such shadow committees or similar bodies as are appropriate;
- Provide strategic support to the Chief Executive and Executive Committee in matters relating to governance and legal compliance and take a pro-active role in ensuring that policies and processes in this area are fit for purpose;
- Consider and advise upon appropriate regulatory structures (e.g. state aid, financial services regulation, money laundering);
- Promote a culture of effective management of governance and that preparatory papers, minutes, action lists and the like are in good order;
- Ensure effective processes and systems for the execution of contracts and other legal documents by authorised signatories and that complete and accurate copies of contract documentation are kept and are accessible
You will be an experienced legal leader who has experience in leading a complex legal function and managing change and a track record in building strong corporate governance, as well as an experienced lawyer, with public law experience essential. Knowledge of corporate governance, financial services, and regulatory law acquired both in private practice and in-house is also required.
You will also be able to demonstrate a good understanding of financial services and the main components of business activity envisaged for the Bank as well as the bigger picture such as political pressures and the bank’s development objectives.
The British Business Bank is a unique and exciting institution. Its mission is to help drive economic growth by making finance markets work better for small businesses - wherever they are in the UK and wherever they are on their business journey - enabling them to grow and prosper.
Established in 2014, it is a 100% government-owned economic development bank organised as an arm’s length body with an independent Board.
To deliver its programmes, the Bank works through more than 150 finance partners such as high street and digital banks, leasing companies, venture capital and private debt funds and fintech platforms.
Currently, we employ around 390 people, split between offices in Sheffield and London.
Please note all candidates applying for this role should have the right to work in the U.K.