Reports to: General Counsel
Based: Edinburgh or Glasgow
About the Bank
The Scottish National Investment Bank is a new development investment bank for Scotland with a vision to catalyse change by investing in a fairer, sustainable and ambitious Scotland. The Bank is a mission-led patient capital investor, with long-term missions set for it by the Scottish Parliament. Its missions include:
*Net Zero Mission: achieving a just transition to net zero by 2045.
Investing in rebalancing our economy towards leadership in sustainable technology, services and industry.
*Place Mission: extending equality of opportunity through improving places by 2040.
Investing in places and regeneration to improve opportunities and outcomes for people and communities.
*People Mission: harnessing innovation to enable our people to flourish by 2040.
Investing in innovation and technology and industries of the future for a healthier, more resilient and productive population.
The Bank will invest in businesses and projects connected to Scotland that support the delivery of its missions in Scotland.
The Bank will be underpinned by £2bn of capital from the Scottish Government, over 10 years.
As a development investment bank, the Bank will seek to enhance and expand the financial investment options available to business and projects across Scotland. In addition to the capital the Bank has committed from the Scottish Government, the Bank will be seeking to crowd-in investment from other lenders and institutional investors into the Scottish economy.
Sole Commercial Lawyer within the Bank's Governance, Legal, Risk and Compliance team with responsibility for the Bank's non investment legal and related risk management requirements reporting to the General Counsel, and working with the General Counsel, the Head of Compliance and all other non investment related departments of the Bank.
This is a very broad role and the successful candidate will be involved in all aspects of the management of legal risk across our non investment related activities, allowing the individual to play a pivotal role within the Bank.
The role is full-time and permanent, although candidates seeking flexible working arrangements should apply. At present, all Scottish National Investment Bank employees are working remotely due to Covid-19 restrictions. Thereafter, we will encourage flexible and smarter working across our hubs in Edinburgh and Glasgow.
*Working with Procurement to negotiate commercial contracts with the Bank's suppliers, from IT infrastructure to professional services, and all outsourced service providers. Creating contracts that reflect how the Bank wants to do business, aligned to its culture and values;
*Working with the General Counsel to establish and manage a Law Firm panel to ensure that the Bank receives high quality service at an appropriate cost;
*Working with our People and Culture team and external counsel to manage and mitigate employee relations issues;
*Working with the General Counsel to establish procedures to mitigate the risks associated with GDPR;
*Ensuring, working with the Company Secretariat, that the Bank complies with all relevant provisions of the Companies Acts;
*Working with various departments in the Bank to ensure the Bank is appropriately structured to deal with Freedom of Information requests;
*Embedding a culture of good governance, legal risk management and high ethical standards through influence on communication and promotion of the Bank's missions, culture and values.
*Raising awareness of and embedding best practice in relation to legal issues in all areas of the Bank's operations.
*A relevant legal qualification.
*The role is probably best suited to someone with 5 to 10 years post-qualification experience, although other levels of experience, both junior and senior, would be considered due to the broad ranging nature of the role.
*Experience in house in either the private or public sector, or in a leading law firm.
*Expertise in negotiating a broad range of commercial contracts with third party service providers is a key requirement for the role.
*Experience in some or all of Employment law, GDPR, Freedom of Information, Financial Services Regulation and the UK Companies Acts would be advantageous.
*Excellent communication skills, both oral and written including the ability to convey complex legal concepts in straight-forward language.
*Problem-solving and decision-making skills, with the ability to analyse complex information to identify the key issue/action and drive resolution.
*Ability to prioritise and proactively identify the highest priority items in a diverse workload.
*Strong team player.
We are committed to equality for all and being a fully inclusive employer, and are proud of the fact that our Board and Executive is gender diverse. We are actively seeking to build on this to grow a diverse team made up of complementary skills and experiences.
Closing date: Midnight Tuesday 6th April 2021
Badenoch + Clark acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. Badenoch + Clark UK is an Equal Opportunities Employer.
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