Company Description
Vanquis Banking Group has a rich history dating back to 1880. The company was founded in Bradford by Joshua Kelley Waddilove as The Provident Clothing and Supply Company to help people access finance and goods who couldn’t from traditional lenders.
Today, Vanquis Banking Group is a FTSE All Share company listed on the London Stock Exchange with around 1.6 million customers and plays the same role in people’s lives today, as it did when it was founded.
Vanquis Banking Group is a unified group made up of two brands: Vanquis (cards and loans) and Moneybarn (vehicle finance). While they offer different products and services, they share the common purpose and customer-centric values at the heart of our group. We understand our customers are real people with varied life experiences, so everything we do from our products to our customer experience is designed with this in mind.
Job Description
The successful candidate will be a qualified solicitor with expertise in motor finance and litigation to assist in setting its litigation strategy, both for claims brought against it, as a firm, and against other third parties. The successful candidate will be required to support and advise Moneybarn’s Legal Services Team and Senior Legal Assistants on the merits of litigation. The post holder will provide advice on the commercial viability of claims as well as define robust approaches to prevent increased litigation.
Experience of communicating with senior stakeholders is key, as well as the ability to coach and mentor others within the team. This role will report directly into the Head of Customer Operations Specialist and Legal Services, with day-to-day support provided to Moneybarn’s Senior Legal Assistants.
Key Responsibilities:
- Assist with legal claims brought by/against Moneybarn particularly relating to motor finance commissions and other companies in the group where necessary
- Advising on Motor Finance Commission Claims, working both with internal stakeholders and external parties such as Counsel and external law firms
- Attending industry forums particularly in relation to developments in Motor Finance Commission Claims and appraising relevant internal stakeholders on the same
- Work closely with the Head of Customer Operations Specialist and Legal Services to define a litigation strategy, particularly on matters of high volume and commercial sensitivity
- Provide mentoring and coaching to Moneybarn’s Senior Legal Assistants to ensure that costs are mitigated in any Court action brought against the firm.
- Adhere to the FCA conduct rules
- Be proactive in approach to case management
Qualifications
Qualified solicitor- Have a good working knowledge of all aspects of general dispute resolution work, with particular emphasis on motor finance commission claims.
- Be able to assist and offer support to the Legal Services Team
- Be able to assist and advise on the management of varied caseloads held by the Senior Legal Assistants, with commercial prowess
- Have excellent written communication skills and attention to detail
- Be articulate and reasoned with legal opinions and advice.
- Proven track record of advising on litigation, specifically in the consumer credit sector
- Relationship experience with external firms, regulators and industry bodies
- Strong understand of regulatory expectations
- Action orientated, and solution focused approach
- Experience of drafting papers for review at Executive Committee level and SLT
- Highly articulate at understanding and summarizing complex legal case studies
- Strong stakeholder management with both internal and external stakeholders
- Proven in gaining feedback to aid ongoing development
- Good enthusiastic communicator
- Encourage energy and bring to life employee engagement linked to good customer outcomes
Additional Information
Working Conditions
This is a part time role with flexibility over days – with an expectation of 16 – 20 hours per week.
Why Moneybarn
We understand that a reliable car, van, or motorbike is more than just a vehicle. We have a passion for getting our customers where they want to be. The company has won awards for its service and approach, most recently they won ‘Sub-Prime Lender of the Year’ and ‘Independent Finance Provider of the Year’ at the Motor Finance Europe Awards 2021, ‘Specialist Lender of the Year’ and ‘Vehicle Finance Provider of the Year’ at the National Credit Awards 2021, ‘Responsible Lender of the Year’ at the Credit Awards 2022 and the Feefo Gold Award 2022
We’re passionate about our colleagues and invest in professional development, offer flexible working, and provide a variety of tools to support wellbeing. Our colleague forums run regularly which allows everyone to have their say in an environment that offers no judgement. We’re also incredibly proud to have won the Company Culture Lotus Award for several years running.
Our Management Team are constantly improving the way we look after our people and have created an environment where everyone feels valued and can be themselves.
We know that by having a better, more inclusive culture and a diverse group of colleagues, we can support our customers and each other in the best way possible. We also believe this goes a long way to helping us live our purpose and defines why we’re here in the first place: to help put people on a path to a better everyday life.
We’re an equal opportunities employer and we want people to join us no matter how they identify, their sexual orientation, marital or civil partner status, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.
We want to attract and retain the best people. So, we make sure that, if people need it, they’re given all the extra support and reasonable adjustments to take part in any part of our application or interview process. We’ve also got lots of colleagues who choose to work flexibly, so please feel free to talk to us about how you prefer to work at any time.
We think that if you can Be Yourself in the workplace, you’ll do your best work and enjoy being part of the team. And as a business we get to benefit from that and to celebrate all the wonderful things that diversity brings.
On top of all this, we will give you a package including:
- Competitive salary
- Discretionary annual bonus
- Hybrid working considered
- Up to 30 days holidays in addition to bank holidays
- Pension Scheme with matched company contributions up to 5%
- Private Medical Insurance
- Extensive opportunities for personal and career development
- Opportunity to grow, develop and learn
- Colleague Perks at Work discount platform
- Season ticket loan
- 1 paid day to ‘give back’ to local communities or chosen charity
We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.
Important notes
We will keep your CV on our records for 12 months after your application. For more information about how we collect, use and share your personal data when you apply for a role with us, please see our Applicant Privacy Notice available here.