Question
Full-time
5-10

Legal Counsel - Banking and Finance

2/1/2026

The Legal Counsel will provide high-quality legal advice to ensure compliance with legal obligations and manage legal risks. Key tasks include supporting the Banking & Finance Lead Ombudsmen and proactively monitoring changes in laws and regulations.

Working Hours

40 hours/week

Company Size

501-1,000 employees

Language

English

Visa Sponsorship

No

About The Company
The Australian Financial Complaints Authority (AFCA) is the one-stop-shop for consumers and small businesses with a complaint about banking, credit, insurance, superannuation, investments and advice. We provide fair, independent and effective solutions for financial disputes. Established in 2018, AFCA is Australia’s only ombudsman service for the financial services sector. We work with consumers, small businesses, industry, regulators and Government, to raise standards and reduce financial disputes through innovative solutions, education and communication. We deliver to the Australian community services that are easy to use, free for complainants, efficient, timely and impartial. AFCA’s diverse workforce is made up of more than 800 team members from across Victoria and New South Wales, with expertise in dispute resolution, finance, insurance and superannuation. Our people are driven by our values to be fair and independent, transparent and accountable, honest and respectful and proactive and customer focused. We’re passionate about fairness and delivering a trusted and ethical service and excellent customer experience . Our culture and workplace reflects the diversity of those we serve. We share a vision to be a world class ombudsman service: raising standards and minimising disputes; meeting diverse community needs, and trusted by all. AFCA considers complaints that previously would have been handled by the Financial Ombudsman Service, the Credit Investments Ombudsman and the Superannuation Complaints Tribunal. Follow us for latest news, updates and to find out more about the work we do.
About the Role

Company Description

Fairness feels good 

Make a real impact at AFCA. Where fairness drives every decision. Help us deliver world-class, independent complaints resolution for Australians. As a not-for-profit and progressive financial ombudsman, we’re championing positive change. Achieving our purpose takes progressive thinking, accountability and resilience. At AFCA, our inclusive leadership values every voice. We offer our people flexible work options, thoughtful benefits and opportunities to deepen expertise. Flourish in a diverse, caring culture. Feel the difference of belonging to an organisation intentionally designed to put people first. 

Job Description

Our Legal Counsel team at AFCA provide high quality legal advice to ensure that our legal obligations are met, and legal risks managed, to ensure the protection of our interests and reputation.

Key accountabilities in the Legal Counsel - Banking and Finance role will include:

  • Provide trusted and timely legal advisor support and advice to the Banking & Finance Lead Ombudsmen, Decision Makers and Dispute Resolution Specialists
  • Managing and resolving litigation risk with a focus on managing reputational risk
  • Proactively managing legal risk by anticipating issues, identifying opportunities and proposing solutions
  • Proactively monitoring and communicating changes in laws and regulations impacting upon AFCA’s obligations
  • Understand and comply with all applicable company policies, procedures, systems, approach and guidance documents, legislation and AFCA Rules and guidelines
  • Engaging with stakeholders to ensure their legal needs are being met
  • Other duties as appropriate

This is initially a12-month contract.

Qualifications

Qualifications

  • Tertiary law qualifications and an Australian practising certificate.
  • Minimum 5 years of post-qualification experience in banking and finance law, with expertise in areas like scams, e-Payments Code, contract law, lending, banking codes, corporate and financial services regulation, insolvency, privacy, decision-making, estates, and AML/CTF Act.
  • Strong decision-making, analytical, and negotiation skills.
  • Excellent interpersonal, verbal, and written communication skills.
  • High attention to detail with strong prioritization and time-management abilities.
  • Ability to work effectively in a fast-paced, customer-focused environment.
  • Proficiency in Microsoft Office and typing.
  • Self-motivated, adaptable, and able to work independently or as part of a team.
  • Quick learner with mature adaptability.
  • Logical, open-minded, and strong analytical thinker.

Additional Information

To apply

If you’re passionate about fairness and believe your skills align with this role, we encourage you to apply—even if you don’t meet every single criterion. 

We welcome applications from people of all backgrounds, cultures, abilities, sexual orientations, and gender identities. If you require any accessibility support during the recruitment process, please reach out to our team at . 

AFCA is a 2025 Circle Back Initiative Employer - we are committed to responding to every applicant.  

Key Skills
Legal AdviceLitigation Risk ManagementReputational Risk ManagementLegal Risk ManagementStakeholder EngagementAnalytical SkillsNegotiation SkillsCommunication SkillsAttention to DetailTime ManagementCustomer FocusSelf-MotivationAdaptabilityTeamworkProblem SolvingDecision Making
Categories
LegalFinance & Accounting
Benefits
Flexible Work OptionsThoughtful BenefitsOpportunities to Deepen Expertise
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