At a Glance
- Tasks: Advise on payments law and oversee UK EMI applications for a leading fintech.
- Company: Join Lawyers On Demand, a top flexible legal service provider.
- Benefits: Enjoy flexibility, autonomy, and career-enhancing work with major brands.
- Other info: Work remotely or on-site, with opportunities for professional growth.
- Why this job: Be part of a dynamic team shaping the future of legal services.
- Qualifications: Senior Payments Regulatory lawyer with expertise in UK EMI and MiFID frameworks.
The predicted salary is between 59400 - 72600 £ per year.
Join to apply for the Payments Counsel - In House role at Lawyers On Demand. We’re looking for a senior Payments Regulatory lawyer to join our client, a multinational fintech company, to support them for at least 3 to 6 months. You’ll be joining the team acting as the SME for UK EMI and MiFID permissions. Ideally you’ll have strong knowledge of payments law, cross‑border regulatory issues, and experience advising enterprise platforms. You’ll also be experienced in UK EMI and MiFID regulatory frameworks.
Your role will include:
- Acting as the primary UK lawyer, working independently
- Advising on payments‑related legal issues, including multi‑currency wallet services, card issuing, and cross‑border transactions
- Overseeing UK EMI applications currently in progress and MiFID permissions
- Delivering practical, risk‑based legal advice, balancing compliance with commercial decision‑making
- Supporting compliance work related to MiFID licence and ongoing uplift for DORA requirements
- Collaborating with stakeholders across EMEA, America, and APAC
This assignment will be full time, ideally with 3 days in the London office. It is due to start in January and is expected to run for at least 3 to 6 months. If you’re a senior Payments Regulatory lawyer looking for your next opportunity, we’d love to hear from you!
Why Join LOD? People come to us for a whole range of reasons – they might be looking for time for their interests, for work alongside other projects, or just want a change. What they all have in common is a desire for high quality work coupled with a degree of control that traditional models can’t offer, but LOD can. All of our LODs have worked at top tier firms or as part of major in‑house teams. We only accept a small percentage of applications as we choose lawyers who are not only technically excellent, but who can work seamlessly with our client’s teams. This ensures we can offer our lawyers consistently high‑quality assignments.
We can offer:
- Varied, challenging, career‑enhancing work with market leading brands (from Google to Barclays, and Amex to adidas) as well as exciting growth companies.
- Flexibility and autonomy: you can work anything from full‑time on site with a client to a few hours each week from home.
- Training and know‑how, as well as support from our dedicated HQ Team.
- A variety of flexible models that include working at the client’s offices or remotely.
About LOD: LOD is the leading flexible legal service provider across ten locations: Brisbane, Hong Kong, London, Melbourne, New York, Perth, Singapore, Dubai, Munich and Sydney. We are changing the way in which clients buy legal services and provide talented lawyers with a new way of working. We’ve achieved some of the fastest growth in our sector by creating and leading a new professional service category. That growth continues as we launch new services, responding to the way our lawyers want to work and clients want to engage them. This role offers an opportunity to be part of this story. LOD has caught the imagination of the changing legal marketplace for ‘new law’ services. We now have a team of around 600 lawyers and consultants of the highest quality working across the globe. We have an inspiring client list that range from globally recognised multinationals to start‑ups and include the likes of Google, Barclays and adidas.
Seniority level: Mid‑Senior level
Employment type: Contract
Job function: Legal and Consulting
Industries: Financial Services, Technology, Information and Media, and Legal Services
Payments Counsel - In House employer: Lawyers On Demand
LOD is an exceptional employer, offering a dynamic work culture that fosters creativity and innovation in the legal sector. With a commitment to employee growth, you will have opportunities to lead strategic projects and shape the future of legal services while working alongside a talented team in a fast-growing environment. Our headquarters provides a unique chance to influence change in the industry, making your role as Recruitment Manager/Senior Manager both meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Payments Counsel - In House
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
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Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.
✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including Lawyers On Demand, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
✨Leverage Your University’s Career Services
If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.
We think you need these skills to ace Payments Counsel - In House
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at Lawyers On Demand, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in Lawyers On Demand and the specific role of Payments Counsel - In House. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for Lawyers On Demand’s culture!
How to prepare for a job interview at Lawyers On Demand
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at Lawyers On Demand.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at Lawyers On Demand.