At a Glance
- Tasks: Provide legal support for merchant services and collaborate on innovative banking projects.
- Company: Join a leading bank with a focus on growth and innovation.
- Benefits: Generous pension, performance bonuses, flexible working, and 30 days holiday.
- Other info: Inclusive workplace with opportunities for personal and professional development.
- Why this job: Be part of a dynamic team shaping the future of banking products.
- Qualifications: Qualified solicitor with 8+ years in commercial contracts and payment services.
The predicted salary is between 114606 - 134830 £ per year.
- Senior Lawyer – Merchant Services - Banking Products Legal (12 months FTC)
- Location(s): Bristol, Cardiff, Chester, Edinburgh, Halifax & Leeds
Working pattern: Hybrid – at least two days per week or 40% of time at listed office sites.
About this opportunity
We’re looking for a Senior Lawyer to join the Banking Products team in Business and Commercial Banking and Corporate and Institutional Banking Legal on a 12‑month fixed‑term contract.
Banking Products Legal supports the Bank’s strategy by providing legal and advisory support for merchant services solutions to small businesses, larger corporate customers, governmental bodies and local authorities.
You will work closely with colleagues in Product, Coverage, our transformational Platform teams and Delivery, and other functional support areas.
Our team handles merchant acquiring, payment gateways, partnerships, digital innovations including embedded finance payment methods and online digital channels.
Responsibilities include product development and innovation, negotiation of commercial contracts, legal and regulatory change projects, rectifications and remediations, industry change initiatives, customer on‑boarding, end‑to‑end customer journeys and the management of legal risk.
The merchant services business has a programme of strategic growth, making this an exciting time to support our legal team.
- What you’ll be doing
- Operate as a specialist legal advisor on merchant services matters, providing input to support projects, innovation, product development and rectifications.
- Negotiate with customers and suppliers regarding customised agreements.
- Advise on and draft terms and conditions for merchant services and related contracts.
- Support legal, regulatory and change projects across Business and Commercial Banking, Corporate and Institutional Banking Legal and Legal & Secretariat.
- Proactively identify, report and address legal and governance risks and recommend solutions.
- Advise on customer and colleague journey enhancements.
- Build and maintain a strong partner network to understand business strategy and pipeline, prioritising team activity accordingly.
- Manage the use of panel law firms and build strong relationships with external lawyers.
- Help run the team by monitoring service delivery, identifying opportunities to improve work processes, and training the team and our business.
- What we’re looking for
- Qualified as a solicitor in the UK (or equivalent qualification).
- Minimum 8 years of experience in commercial contracts and/or merchant services, payment services regulations and transaction banking services.
- Experience developing and coaching others.
- People‑orientated and able to build strong collaborative relationships across Legal, Secretariat and business teams.
- Confident in influencing, advising and challenging business partners using experience and insights.
- Ability to identify, mitigate and control legal risk weaknesses.
- Self‑management of workload priorities and the ability to support junior colleagues to do the same.
- Up‑to‑date knowledge of regulatory, industry and legal change to share with team and business.
- Commitment to self‑development and the development of colleagues.
- Enthusiasm and curiosity for the role.
Benefits
- Generous pension contribution of up to 15%.
- Annual performance‑related bonus.
- Share schemes, including free shares.
- Benefits you can adapt to your lifestyle, such as discounted shopping.
- 30 days’ holiday, plus bank holidays.
- Range of wellbeing initiatives and generous parental leave policies.
- Other information
We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns.
As a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long‑term health or neurodivergent condition through the Disability Confident Scheme.
Ready to make an impact? Apply today!
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StudySmarter Expert Advice🤫
We think this is how you could land Senior Lawyer – Merchant Services - Banking Products Legal (12 months FTC) in Chester
✨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.
✨Tap into Online Legal Communities
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 LLOYDS BANKING GROUP, 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 Senior Lawyer – Merchant Services - Banking Products Legal (12 months FTC) in Chester
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at LLOYDS BANKING GROUP, 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 LLOYDS BANKING GROUP and the specific role of Senior Lawyer – Merchant Services - Banking Products Legal (12 months FTC). 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 LLOYDS BANKING GROUP’s culture!
How to prepare for a job interview at LLOYDS BANKING GROUP
✨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 LLOYDS BANKING GROUP.
✨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 LLOYDS BANKING GROUP.
