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Strategic Banking Legal Advisor

1 week ago


Melbourne, Victoria, Australia Commonwealth Bank Full time
Company Overview

The Retail Banking Legal team is a key component of Commonwealth Bank's Customer Services Legal division, providing strategic legal assistance to the bank's retail arm. The team benefits from a strong legal support base and access to knowledge resources and expertise within the large in-house division.


Job Description

We are seeking senior lawyers with extensive experience in financial services law, particularly with a focus on retail banking. As a Senior Legal Counsel, you will provide strategic and practical legal advice, communicate effectively with stakeholders, and play a key role in introducing customer initiatives and outcomes in a safe and customer-focused manner.


Key Responsibilities:
  • Providing general banking and financial services advice on banking products, including deposit and transaction accounts and distribution channels;
  • Advising on CBA's industry-leading customer recognition and rewards program;
  • Negotiating contracts with third-party service providers;
  • Identifying opportunities to simplify frameworks, policies, and processes for optimal effectiveness and efficiency;
  • Advising on marketing campaigns.

Requirements:
  • Tertiary qualifications in law and 10+ years of relevant post-admission/qualification experience;
  • Ideal candidates will have at least 4 years' experience in private practice and/or in-house experience in another financial institution (ideally in retail);
  • Excellent technical legal skills, including the ability to resolve complex issues and grow expertise;
  • The capacity to build relationships with stakeholders and communicate complex issues effectively;
  • A team-oriented outlook, 'can-do' attitude, integrity, sound judgment, and humility.

Benefits

Commonwealth Bank offers flexible working arrangements, including part-time job-share options. We value our employees' work-life balance and provide opportunities for professional growth and development. If you're already part of the Commonwealth Bank Group, please apply through Sidekick to submit a valid application.