Legal Counsel Job purpose Provide high quality legal advice and support to the CLS group of companies (together hereinafter “CLS”) in CLS’s delivery of market-leading settlement and risk mitigation services across a range of commercial matters and projects. A working knowledge of employment law would be desirable but is not essential. Essential Function / major duties and responsibilities of the job Strategic Engage with and manage external legal advisors in multiple jurisdictions in respect of matters relevant to the CLS Group, the CLS system and CLS products, on a range of commercial, regulatory and employment matters. Provide legal analysis (including review and drafting of contractual provisions) in respect of the CLS system, CLS products and on a broad range of commercial contracts entered into by CLS. Assist with monitoring of global regulatory change affecting the CLS system with a focus on specific jurisdictions and additional specific focus on EU and UK regulations. Work with the Compliance division to draft and contribute to letters and consultations relevant to regulatory and legal change. Work with relevant CLS teams to ensure corporate governance is complied with by drafting and updating intergroup agreements and signing authorities. Provide assistance with the preparation and review of CLS’s legal opinions. Provide legal advice and support to the CLS HR Division on a range of employee legislative matters, including the review of policies, procedures and practices relevant to the CLS Group. Develop, manage and maintain relationships across CLS’s business, that will facilitate the effective delivery of legal support and ensure full alignment with business needs and policies. Proactively contribute to the Legal Division’s planning, cohesion, consistency in advice and the general efficiency and effectiveness of the division as a whole. Operational Ensure compliance with all laws and regulations applicable to CLS. Ensure that legal risks to the CLS system are managed within acceptable tolerances, including ensuring all new risks relevant to CLS Members and the system are known and analysed. Assist with drafting of amendments to the CLS Documents (including the CLS Rules, Member Handbook and Pricing Policy) to reflect relevant changes or improvements. Work closely with the vendor management function to analyse and assist with negotiation of commercial contracts such as outsourcing agreements, NDAs, license agreements and EULAs. Assist in the review of central bank and RTGS documentation and related annual updates. Leadership Able to prioritise appropriately. Able to identify when, and how to, escalate appropriately. Able to communicate effectively both orally and in writing, while collaborating with and reporting to the Legal Division and broader stakeholders including, where appropriate, CLS’s regulators. Able to deliver, direct and facilitate some limited broader leadership. Knowledge, skills and abilities / competencies required for successful job performance Strong problem-solving skills. Willing to take on new opportunities and tough challenges with a sense of urgency, diligence, energy and enthusiasm. Demonstrates awareness of personal strengths and weaknesses. Evidence accountability for meeting delivery and governance commitments Effective collaborator and strong team player Instills trust through honesty, integrity and authenticity. Able to assess all relevant risks and considerations to make good and timely decisions. Apply knowledge of the business, relevant regulation and market trends to advance CLS’s goals. Manage complexity. Anticipate future possibilities and translate them into breakthrough strategies. Willing to learn about CLS, its regulatory status, its stakeholders and the broader ecosystem and demonstrate willingness to learn and stay abreast of market, regulatory and legal knowledge. Wiling to tackle a broad range of matters. Able to assess risk and legal issues with some oversight. Strong drafting and analytical skills; able to draft commercial and technically accurate proposals and legal documents. Strong attention to detail while keeping focused on the bigger picture. Qualifications / certifications Qualification through training contract/pupillage. Degree from upper tier law school or equivalent evidence of superior academic performance. Admission as a UK qualified lawyer and current practicing certificate (solicitor or barrister).