Job Description
Nordea Finance is looking for a Senior Legal Counsel – Regulatory to support all regulatory aspects of Nordea Finance Denmark’s four strategic business areas Equipment Finance, Retail Finance, Receivable Finance and Car Finance. You will play a valuable role in partnering with Nordea Finance’s business and corporate functions in developing the Danish operations and practices in line with regulatory requirements, and also contribute towards the same on a Nordic level. This will entail supporting the organisation within different regulatory areas, especially within financial regulation, and you will be the main “go-to” person in Nordea Finance Denmark within these areas.
As Senior Legal Counsel you will be physically located within the Danish Nordea Finance Team in Taastrup, and you will be working closely with the rest of Nordea Finance’s Legal team and the rest of Group Legal (across the Nordics). You will also cooperate with other regulatory specialists in Group Legal and have the opportunity to sit part of the time together with Group Legal DK in Nordea’s Danish headquarter in Copenhagen.
Nordea Finance is committed to being a partner that customers and society can count on. Compliance and integrity go hand in hand. By joining Nordea Finance you will get the opportunity to impact how Nordea Finance does business today and tomorrow. With Nordea Finance you will be in good company with plenty of opportunities to collaborate, develop, grow and make your mark on something bigger.
Legal Team
Nordea Finance Legal consists of two units covering Denmark & Norway and Finland & Sweden respectively. The DK & NO unit consists of 3 lawyers in Norway and 3 lawyers in Denmark that support all legal aspects of Nordea Finance’s substantial business activities and report to the Head of Nordea Finance Legal DK & NO, who is placed in Norway. Nordea Finance Legal forms part of Nordea’s central legal function, Group Legal, that consist of approx. 250 lawyers in 6 countries under the leadership of Nordea’s Group General Counsel.
The team in Nordea Finance Legal has a strong cross-country cooperation to ensure development and support of the individual lawyer. The team works as an integrated business partner that prioritises a deep understanding of Nordea Finance’s business to enable efficient advice of the highest legal quality and the ability to participate in complex business negotiations with short notice.
Areas of responsibility
As a Senior Legal Counsel in the Danish Nordea Finance Legal team, you will be supporting Nordea Finance with advice related to financing and partnership agreements, customer cases, product terms & conditions and other business-related legal matters. You will have a particular responsibility when it comes to:
- Advising on a broad range of regulatory topics, especially within financial regulation, e.g., on the Credit Agreements Act, AML, confidentiality and regulatory matters related to lending and recovery of debts.
- Managing contact with public authorities such as the Danish Consumer Ombudsman and the Danish Financial Supervisory Authority with regard to a range of regulatory areas and in relation to reporting and inspections.
- Providing specific advice on regulatory requirements related to various products, e.g. legal credit worthiness tests as required by the Danish FSA and relevant legislation.
- Advising on broader legal aspects of Nordea Finance’s business areas, e.g. GDPR and marketing law.
- Conducting regulatory scanning and impact assessments, and advising on implementation, both in Denmark and on a Nordic level.
Reporting and Cooperation
Reporting to: Head of Nordea Finance Legal Denmark & Norway
Your title: Senior Legal Counsel
Ideal experience
Education: Qualified lawyer (cand.jur. or cand.merc.jur.) with min. 4 years of post-graduate experience within relevant legal areas including regulatory/compliance and financial regulation.
Credit arrangements: Knowledge of the financing industry, and practical experience with regulatory aspects of credit agreements and/or recovery of debts, leasing, factoring and/or other credit and security arrangements, e.g. from a finance company, other financial institution and/or a law firm, are an advantage.
Consumer and compliance regulations: Knowledge of specific compliance regulations relevant to financing arrangements, e.g. the Credit Agreements Act, creditworthiness requirements and standards, confidentiality requirements and GDPR regulations and/or AML regulations.
Language skills: Fluent in Danish and English (both written and spoken).
Integrity & structured approach: High integrity and a structured and analytical approach that allows commercial decision making to take place based on a fully informed regulatory basis.
Personal cababilities
Pro-active and committed: In possession of a strong sense of ownership and drive and with the ability of working both independently and as a team member with a true interest in and commitment to developing the finance company business further.
Problem solver: Perceptive and curious and with the ability to find constructive solutions to complex problems.
Great communicator: Excellent written and verbal communication skills combined with the ability to communicate complex issues in simple and concise terms.
Relationship builder: Your clear communication and social skills enable you to network and build trust with both internal and external stakeholders.
Nordea Finance’s Value proposition to you
Nordea Finance offers you the opportunity to become part of a sustainable workplace that deeply believes in the fact that diverse backgrounds, experiences, characteristics, and traits enable better solutions and services for customers and communities. Nordea Finance is a modern business that embraces a strong work life balance and ensures that you can prioritise your private life while offering you excellent opportunities to develop your professional career.
Nordea Finance offers you a competitive compensation package with various benefits, including an attractive pensions contribution scheme.
About Nordea Finance
Nordea is the largest financial services group in the Nordic region and one of the biggest banks in Europe. Nordea wants to make a real difference – for its customers and for the communities in which Nordea operates – by sharing its broad expertise based on 200 years of experience in the banking business.
Nordea is a full-service universal bank and the third largest corporation in the Nordic region and one of the top 10 financial services companies in Europe based on market capitalisation. Nordea is present in 17 countries, including in Nordea’s four Nordic home markets which together constitute the 10th largest economy in the world.
As demand for digital services increases, Nordea is continuously working to become the preferred choice of future digital bank by improving its products and services, such as new online banking platforms, mobile payments and analytics tools, to name a few.
Nordea Finance is a leading provider of financing solutions for enterprises and offers a wide range of Equipment Finance (e.g. operating lease, finance lease, hire purchase), Retail Finance, Receivable Finance and Car Finance.
The shares of Nordea Bank Abp are traded on the Stockholm, Helsinki and Copenhagen stock exchanges.
Learn more about Nordea Finance at https://www.nordea.com/en/our-services/nordea-finance.
Application and contact
If you recognise the profile we are looking for in yourself and find this opportunity attractive please apply here and include a resume and other relevant documentation. To hear more about the position, contact Mikkel Falkenberg from RESOLVA on tel: 29993065 or Camilla Krogh from RESOLVA on tel: 51261264.
