In-house FS lawyer - Leading Brand

England, Buckinghamshire, Milton Keynes
23 Nov 2021
21 Dec 2021
Tom Shaw
Job Title
In House Counsel
Practice Area
Financial Services
PQE Level
2-4, 5-7
Contract Type
Full Time

One of the leading automotive brands in the world is seeking to grow the legal team with the addition of a Financial Services Lawyer to join this high calibre organisation.

This opportunity offers substantial flexible/home-working to suit the right individual and they are looking for someone with experience in Consumer Finance or Motor Finance.

Mercedes-Benz is part of a group of companies that sell passenger cars, commercial vehicles, parts, insurance, financial services and funding for dealers. Mercedes-Benz is part of Daimler AG, which generated €154bn in revenue in 2020 and has over 285,000 staff. It has customers ranging from private individuals and SMEs to blue-chip PLCs, from all industry sectors including retail, local authority, healthcare and education.

An opportunity has become available for a Solicitor to provide legal support to the Mercedes-Benz financial services and insurance services companies in the UK. The role, which will report into the financial services and insurance Senior Solicitor, will sit within the wider Legal Department.

Predominantly, you will advise on motor finance matters involving customer documentation, compliance with consumer credit legislation and the FCA handbook, selling finance online, as well as dealer funding and security documentation. You will negotiate fleet sales and other B2B finance documentation.

You will also draft, negotiate and conclude a range of contracts for the procurement, IT and insurance teams, frequently liaising with the business and other parties. This will include ensuring that the contract complies with internal company policies and advising the business of any risks contained within such contracts.

Providing legal support in respect of any other matters as required, and keeping abreast of regulatory (FCA) and legislative developments with a particular focus on financial services and insurance will form part of your remit. You will be involved in the preparation of legal reports to key stakeholders in both the UK and at Daimler Headquarters.

Key Skills, Knowledge & Experience:
· Knowledge and experience of consumer credit is essential and would preferably include motor finance, together with familiarity of the FCA handbook.
· Commercial contract drafting experience is highly desirable.
· Experience in dealer funding, security documentation, insurance contracts and motor finance disputes is highly desirable.
· Excellent communication, negotiation and people skills.

Whilst previous in-house, financial services and automotive experience is desirable, a personable, well-rounded individual with a passion to learn about financial services and insurance is crucial.

Included within the package is a competitive salary, a generous discretionary bonus, a company car (as part of a Loan Purchase Scheme), pension, as well as a flexible benefit pot that can be used to find the benefits that are right for you such as private medical insurance.