Overview
Legal SME Jobs in London Area, United Kingdom at LatentBridge
Title: Legal SME
Company: LatentBridge
Location: London Area, United Kingdom
We are hiring Legal SME – BFSI domain
Experience – 15yrs plus
Employee type – Contract
Location – UK,London
Job Description:
- Business & Functional Guidance on Legal Workflows as per the client’s interaction
- Help LatentBridge (LB) understand the current legal operations and workflows – including pain points, manual interventions, and compliance bottlenecks.
- Share industry best practices, key considerations and recommend the legal workflows as per the client’s pain points.
- Advise & guide LB on “To-be” state for the Tech team to develop the solution to achieve operational efficiency.
- Validate the proposed Tech Solution covering
- Client’s scope and problem statement
- Business & Legal aspects
- Suggest improvements (if any) and future ready
- Guide & lead on behalf of LB on Legal discussions and client’s workshop (on need basis)
- Help in articulating how the solution would be differentiator and cost effective for the client.
RequirementsPrimary Responsibilities
- Act as the Legal Subject Matter Expert for BFSI transformation, regulatory, and technology initiatives.
- Provide legal and regulatory guidance on banking, capital markets, asset management, payments, insurance, and financial services projects.
- Interpret and translate legal and regulatory requirements into clear business and functional requirements.
- Partner with business stakeholders, compliance, risk, technology, and operations teams to ensure regulatory compliance across initiatives.
- Review and validate business requirements, functional specifications, process documentation, and solution designs from a legal and regulatory perspective.
- Support regulatory change initiatives driven by FCA, PRA, Bank of England, GDPR, MiFID II, EMIR, DORA, Consumer Duty, SMCR, Basel regulations, and other UK/EU financial regulations.
- Perform legal impact assessments for new products, services, and technology implementations.
- Identify legal and compliance risks and recommend practical mitigation strategies.
- Collaborate with project managers, business analysts, architects, and development teams throughout the project lifecycle.
- Review contractual obligations, third-party agreements, outsourcing arrangements, and vendor compliance where required.
- Participate in governance meetings and provide legal guidance during steering committees and stakeholder discussions.
- Support UAT by validating regulatory and legal scenarios.
- Maintain legal documentation, regulatory mappings, and decision logs.
- Provide legal advisory support during audits, regulatory reviews, and internal compliance assessments.
Regulatory Knowledge
Strong understanding of one or more of:
- FCA Handbook
- PRA Regulations
- Consumer Duty
- SMCR
- GDPR & UK Data Protection Act
- MiFID II
- EMIR
- DORA
- PSD2 / Open Banking
- Financial Crime
- AML / KYC
- Sanctions
- Financial Promotions
- Operational Resilience
Required Skills
- Strong knowledge of UK financial services regulations
- Experience working with investment banking, retail banking, wealth management, insurance, or capital markets
- Ability to bridge legal, compliance, and business functions
- Excellent stakeholder management skills
- Strong analytical and documentation skills
- Experience in regulatory transformation or change programmes
- Ability to simplify complex legal concepts for business and technology teams
- Experience reviewing business requirements and solution documentation
Preferred Experience
- 10+ years of legal experience within BFSI
- Experience in a top-tier law firm or in-house legal team within a financial institution
- Experience supporting digital transformation or regulatory change programmes
- Knowledge of AI, cloud, data privacy, outsourcing, and technology contracts within financial services
- Experience working in Agile and Waterfall environments
- Familiarity with tools such as Jira, Confluence, SharePoint, and Microsoft 365
Stakeholders
The role will regularly interact with:
- General Counsel / Legal Leadership
- Compliance
- Risk Management
- Business Heads
- Product Owners
- Technology Teams
- Enterprise Architecture
- Information Security
- Data Privacy
- External Counsel
- Regulators (where applicable)
Key Competencies
- Strategic thinking
- Commercial awareness
- Regulatory expertise
- Decision-making under ambiguity
- Stakeholder influencing
- Negotiation skills
- Attention to detail
- Communication and presentation skills
- Leadership and mentoring
- Problem-solving