Hybrid Lawyer – Commercial Cards, Banking Products

Posted 6 days ago

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About the role

  • Lawyer supporting the Commercial Cards business within the Banking Products Legal team. Providing legal advice on product development and regulatory frameworks.

Responsibilities

  • Provide legal support for product development and innovation, legal and regulatory change projects, rectifications and remediations, industry change initiatives, customer on-boarding and customer journeys (including via digital channels)
  • Advise on the applicable legal and regulatory framework, including the Consumer Credit Act (where relevant), Payment Services Regulations, the Consumer Duty and related regulatory requirements
  • Advise on terms and conditions for products, including amendments to existing terms and drafting new terms
  • Support business partners in negotiating bespoke customer arrangements
  • Advise business partners on third party arrangements relating to the provision of products, including working with other Legal & Secretariat teams as appropriate
  • Proactively identify, report and support the management of legal and governance risks, recommending solutions when needed
  • Manage panel law firms and build and maintain positive relationships with external lawyers
  • Collaborate with team members and work cross-functionally to help deliver business strategy
  • Support legal, regulatory and change projects across BCB & CIB Legal and the wider Legal & Secretariat Community (e.g. CCA Reform)
  • Reflect on legal service delivery and look for continuous improvement opportunities; and
  • Stay on top of regulatory, industry and legal change.

Requirements

  • Qualified as a solicitor in the UK (or equivalent qualification) with at least 4 years PQE
  • A good understanding of the legal and regulatory framework applicable to commercial cards and payments, ideally with experience of payment services and consumer credit regulation
  • An ability to build strong, collaborative relationships
  • Confidence in using experience and insights to influence, inform and challenge
  • Any in-house legal experience within a financial institution, including instructing external lawyers, would be really useful.

Benefits

  • A generous pension contribution of up to 15%
  • An annual performance-related bonus
  • Share schemes including free shares
  • Benefits you can adapt to your lifestyle, such as discounted shopping
  • 30 days’ holiday, with bank holidays on top
  • A range of wellbeing initiatives and generous parental leave policies

Job title

Lawyer – Commercial Cards, Banking Products

Job type

Experience level

Mid levelSenior

Salary

£89,739 - £99,710 per year

Degree requirement

Professional Certificate

Location requirements

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