The Payment Counsel will play a pivotal role within the Global Legal Team,serving as a cross-functional expert to facilitate collaboration among Legal, Compliance, Business, and Operations teams. This position is essential in navigating the rapidly evolving payments landscape and ensuring the Group’s payment operations comply with all relevant legal and regulatory requirements across jurisdictions. The role also aims to enhance the independence, consistency, and efficiency of managing payment-related legal issues within the Group, delivering long-term cost efficiencies.

REQUIREMENTS:

Education: UK Bachelor’s or Master’s degree in Law or a related field.

The ideal candidate will have previous experience in and extensive knowledge of:

• Substantial practical experience in banking, payments and e- money regulatory regime and applying such matters to business decisions, product design and customer, supplier and product terms.
• The regulatory perimeter and financial services permissions requirements as well as familiarity in advising on licence applications.
• Financial services business models, particularly e-money models.
• Developing customers agreements (ToS) in order to comply with regulatory requirements etc.

SKILLS:

• Deep understanding of global payment regulations, licensing frameworks, and compliance standards.
• Strong negotiation and drafting skills for payment-related contracts and agreements.
• Proven ability to work effectively across teams in a fast-paced and complex environment.