Head of Legal, Starling Bank
UK Bank
1-5 days a week in office
Mobile-first bank offering personal, joint and business accounts
Be an early applicant
Mobile-first bank offering personal, joint and business accounts
1001+ employees
Be an early applicant
1-5 days a week in office
1001+ employees
Company mission
Anne Boden founded Starling with a clear goal: to build a bank that would help you manage your money, all from one app. Their vision is to give everyone clarity and control over their money so they have the opportunity to enjoy a healthy financial life.
Role
Who you are
- The new Head of Legal will have deep experience in UK retail and SME banking matters, the regulatory regime in which Starling Bank operates and significant experience in leading and motivating legal teams
- Experience of working at Board and Executive level, building relationships across legal teams and building consensus with other functions within the bank, in particular with Risk, Compliance and Governance will also be key
- Qualified lawyer with significant previous experience in retail and SME banking and the regulatory environment in which Starling Bank operates
- Demonstrative previous experience of leading and developing legal teams
- Extensive previous experience and understanding of legal operations for an in house team
- Confident communicator, with the ability to distill and present complex legal issues to stakeholders
- Ability to exercise critical judgement and challenge robustly where necessary across all levels of the organisation
What the job involves
- We are looking for an experienced lawyer to join our team as Head of Legal for Starling Bank (the UK bank)
- This is a new role, which will take responsibility for all legal matters relating to the UK bank
- Provision of legal advice and support in respect of all matters relating to the UK bank at all levels of the organisation where needed
- Leading and developing high performing teams of legal professionals
- Representing Legal on relevant internal governance committees and fora
- Identifying, managing and reporting all relevant risks and issues as they relate to the UK bank in a timely manner
- Working with other teams across the bank, including in particular Risk, Compliance & Governance to ensure legal advice is communicated correctly to all relevant stakeholders and all risks and issues are proactively managed to resolution
- Taking responsibility for cross team projects and initiatives where necessary
Application process
- Applications for this role will close at 5pm on January 10th 2025
Salary benchmarks
Our take
Starling started life focused on consumer banking, they have since found most of their success by competing in the business banking space. They’ve caught up with Tide and beaten the likes of Monzo and Revolut to a more complete offering for businesses.
This progress resulted in them receiving a £100m grant in April 2019 from a body created to boost competition in SME banking, which they're using to accelerate building a full suite of digital banking products: intelligent forecasting tools, and digitally-enabled relationship management functions as well as lending products.
As well as continuing to expand in the UK, they’re expanding in Europe. They’re imminently launching an international bank in Dublin, which will allow Starling to offer its current account across the European Union after Brexit.
Banking for small businesses has historically been ignored even though the experience is poor. Starling is in tune with knowing what their customers want, and they continue to build out their range of third-party products within its banking app thanks to support from its open API. They currently have 11 integrations, including Xero, but that figure continues to grow.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
43% female employees
40% employee growth in 12 months
Company
Funding (last 2 of 11 rounds)
Apr 2022
$163.5m
LATE VC
Jun 2021
$43.9m
LATE VC
Total funding: $1.1bn
Company benefits
- 25 days holiday (plus take your public holiday allowance whenever works best for you)
- An extra day’s holiday for your birthday
- Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off!
- 16 hours paid volunteering time a year
- Salary sacrifice, company enhanced pension scheme
- Life insurance at 4x your salary & group income protection
- Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
- Generous family-friendly policies
- Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
- Access to initiatives like Cycle to Work, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing
- Incentives refer a friend scheme
Company values
- Do the right thing
- Listen
- Aim for greatness
- Own it
- Keep it simple
Company HQ
Spitalfields, London, UK
Leadership
Anne Boden
(Founder)Held senior roles in finance over a 30 year career, including COO for AIB and Head of EMEA for RBS.
Diversity, Equity & Inclusion at Starling Bank
Manuela Torrijos-Simon (Group Financial Controller)
- In the spirit of Aiming for Greatness and Doing the Right Thing, we want to be the bank with the best approach to Diversity and Inclusion
- The Always Open Forum at Starling empowers employees to come together and own their areas of interest, supporting their agenda both internally and externally
- The forum creates a safe space for conversations about all Diversity and Inclusion topics, with the spotlight currently on 3 focus areas; Race and Ethnicity, LGBTQ+ and Mental Health.
- We’re about to launch a new group to support Disability, and all of these teams help bring Starlings together to improve our workplace
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