Senior Counsel - Global Industry Sector Legal Lead for Financial Services - Location Negotiable

  • Accenture
  • Remote (USA)
  • Sep 14, 2022
Full time Legal

Job Description

Organization: Corporate Functions/Legal

Location: US negotiable

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People in the Corporate Function contribute to the running of Accenture as a high- performance business through specialization within a specific functional area, and grow into internally focused roles by deepening their skills and/or developing new skills within an internal functional area.

Legal and Commercial Services professionals deliver and coordinate legal, contract and commercial advice and counsel in support of Accenture's or our clients' business, working to manage and mitigate risk and ensure ethical behavior and compliance with laws and company policies.     

Job Description

Global Industry Sector Legal Lead for the Financial Services

The Global Services Legal team is seeking to appoint a Senior Counsel to act as the Global Industry Sector Legal Lead for the Financial Services, supporting Accenture’s Banking, Capital Markets and Insurance Industry Sector Leadership Teams.  In-house and private practice candidates will all be considered, but experience working with international teams in support of a global business is a pre-requisite, and candidates with deep industry and technology experience are strongly preferred. 

Key Responsibilities

You will act as a trusted adviser to the Global Industry Sector Leadership Teams, enabling the sustainable growth of each Industry Sector while managing and mitigating risks. You will collaborate with senior stakeholders across the Business, Legal and other Corporate Functions to:

  • Lead the legal evaluation of new, strategic priorities and higher risk offerings and services across Accenture’s Financial Services Industry Sectors. In doing so you will evaluate risks and develop mitigation strategies in collaboration with all relevant parts of Accenture, including for example Government Relations, Regulatory & Compliance, Responsible Business, Litigation (as needed), and create global guidance/guardrails to support the sustainable growth of the Industry Sectors;

  • Assess new product and service offerings and guide them to market in a legally compliant manner with appropriate risk mitigations (contractual, operational, technical);

  • Collaborate with other teams in initiatives to create frameworks related to cutting edge, cross-industry topics that address technology, ethics, human rights, legal and societal issues;

  • Support the Financial Services Industry Sector Leadership Teams with the development of thought leadership and whitepapers;

  • Provide strategic legal advice to Business Leadership to support their growth agenda and bring in the relevant parts of Legal to support the Global Financial Industry Sector Leadership Teams; and

  • Help evaluate prospective acquisition targets on behalf of the Global Financial Industry Sector Leadership Teams, and work with them to support post-merger integration strategies.

Basic Qualifications:

  • JD degree or equivalent degree or legal qualification.

  • Admitted to the bar) or local equivalent) and in good standing or otherwise authorized to practice law.

  • Minimum of 10 years legal experience of relevant attorney work.

Preferred Qualifications:

  • Strong commercial, technology, IP and data privacy experience and broad legal knowledge (e.g. spanning employment, litigation, corporate law and governance).

  • Familiarity with professional services; including consulting, business operations and technology services.

  • Experience serving as product counsel for technology capabilities; with expertise evaluating the development and use of algorithmic models and automation in the financial services context.

  • Candidates should have a strong understanding of core legal issues relating to the Financial Industry Sector, including:

    • Deep industry expertise and extensive knowledge of regulation impacting the provision and receipt of services to Banking and other financial clients including MiFID/MiFID II, Dodd Frank, PSD2 and Solvency II;

    • Trends impacting banking and finance, including digital tools, use of data and new technologies, the rise of fintechs and the growth of digital payments and currencies, and the increase in sustainable lending and cryptocurrencies; and

    • Legal issues related to bringing new assets and offerings to market in a legally compliant manner, including offerings utilizing machine learning and third-party data.

  • Candidates should ideally also have experience in:

    • Strategic legal counselling of Business Leadership in respect of taking new products and service offerings to market in the Banking, Capital Markets or Insurance space;

    • Designing product risk mitigation strategies, including identifying operational, technical, and contractual mitigations;

    • Deal shaping and evaluation of innovative commercial models for new product and service offerings; and

    • Developing trusted relationships with senior business leaders.

Professional Skills:

  • Successful candidates will be:

    • Proficient in key concepts relating to existing technologies;

    • Pragmatic and practical in their approach to advising and delivering legal support;

    • Emotionally intelligent and able to influence internal stakeholders, external clients and suppliers;

    • Intellectually curious about the financial services industry, and the impact of new and emerging technologies;

    • Adaptable and comfortable with ambiguity;

    • Excellent written and verbal communicators with experience communicating with senior executives;

    • Collaborative, methodical, and strategic in their approach to solving problems and evaluating risks;

    • Flexible to work global hours where necessary; and

    • Highly proficient at speaking and drafting in English.

  • Demonstrated leadership in professional setting; either military or civilian

  • Demonstrated teamwork and collaboration in a professional setting; either military or civilian

As required by Colorado law under the Equal Pay for Equal Work Act, Accenture provides a reasonable range of compensation for roles that may be hired in Colorado. Actual compensation is influenced by a wide array of factors including but not limited to skill set, level of experience, and specific office location. For the state of Colorado only, the range of starting pay for this role is $140,900 - $291,100 and information on benefits offered is here.

COVID-19 Update

The safety and well-being of our candidates, our people and their families continues to be a top priority. Please be aware that Accenture roles in the US require all employees to be fully vaccinated as a condition of employment. Accenture will consider requests for medical or religious accommodation to this vaccination requirement during the recruiting process.

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