The Global Payments Legal team is responsible for all legal advice relating to payments activity across Barclays, which is one of the most comprehensive payments businesses in the UK. The team supports colleagues across Barclays on projects and new products, works on transactions with clients and strategic partners and advises on regulation and legal risk. The main purpose of this role is to support the product and regulatory part of the Global Payments Legal team, where you will partner closely with the business to support them on ensuring compliance and managing risk through their product life cycles. You may also support our business by drafting and negotiating contracts with customers and strategic partners in relation to payment acceptance and commercial card products. This is an excellent role for someone looking to develop their in-house career with a focus on a growing and dynamic sector. You would have the support, training and resources of a global organisation behind you to help you maximise your potential.

To be successful as a Payments Lawyer, you should have experience with

• English law or Commonwealth qualified Solicitor with strong academic record.
• Knowledge of and experience advising on the Second Payment Services Directive and the Payments Service Regulations.
• Understanding of the Strong Customer Authentication requirements and the relevant Regulatory Technical Standards.

Some other highly valued skills may include

• Strong communication and influencing skills – verbal and written (technical and non technical).
• Strong commercial focus.
• Willingness to undertake varied tasks and expand knowledge into other areas.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.
This role can be based out of Northampton, Birmingham or Glasgow.

ACCOUNTABILITIES

• Development and implementation of best practice legal strategies for risk management and compliance.
• Legal advice and support to the bank’s payments-related activities including merchant acquiring, card issuance, cross currency payments, payment systems and mobile payments.
• Representation of the bank in legal proceedings related to payment services, such as litigation, arbitration, and regulatory investigations.
• Creation and review of legal documents such as payment services agreements, cardholder agreements, and other payment-related agreements to ensure compliance with applicable laws and regulations and, where relevant, negotiate with counterparties.

To ensure that the payment activities are conducted in compliance with applicable laws and regulations, and to help the bank manage legal risks associated with these activities.