Legal counsel

We are EUROPEAN MERCHANT BANK - contemporary bank with a human touch.
We combine the best face to face banking consultancy with a speed and flexibility that digital banking brings. Following our vision - Banking for Growth, EUROPEAN MERCHANT BANK will focus on delivering contemporary accessible financial products to SMEs & entrepreneurs.
We are looking for Legal Counsel to work in Lithuania who will be responsible for in-house legal matters. In order to succeed, this candidate should feel comfortable working with in-house and outside counsels on a variety of legal matters.

The successful candidate will be responsible for:

• Researching and understanding changes in banking regulation, international and local laws.
• Development of internal policies of the Bank and overseeing the implementation of those policies.
• Management of the creation and implementation of legal procedures, including implementation of processes, tools, and systems to identify, assess, measure, manage, monitor and change Banking products.
• Identification, mitigation, monitoring and management regulatory risks across Lithuania.
• Maintenance close and open relationships with the regulators in Lithuania.
• Promotion the migration of best practice and lessons learned across Lithuanian network.

The ideal candidate will:

• Strong knowledge of Lithuanian commercial and contract laws
• Knowledge of Lithuanian banking regulations
• Min 5 years of legal experience within a banking and finance department of an international law firm in Lithuania
• Be qualified lawyer with appropriate professional qualification.
• Have legal experience, including previous experience in Lithuania financial markets, either with a leading bank, securities house, or regulator.
• Knowledge in AML compliance.
• Have solid experience in the regulatory field or equivalent relevant legal experience.
• Have a strong understanding of the regulatory environment in Lithuania.
• Have strong analytical and legal skills.
• Have good judgment enabling the provision of sound advice in difficult areas of law, regulation and practice and the proactive management of compliance and regulatory risk.
• Have personal authority, integrity, and ethics.
• Be fluent in English and Lithuanian.

Monthly salary for this position (gross): 2800 – 4000 eur