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 driving change in the banking sector.
- Qualifications: Qualified solicitor with 8+ years in commercial contracts and payment services.
Senior Lawyer – Merchant Services - Banking Products Legal (12 months FTC)
Salary: £114,606 - £134,830
Location(s): Bristol, Cardiff, Chester, Edinburgh, Halifax & Leeds
Hours: Full-time
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!
Senior Lawyer – Merchant Services - Banking Products Legal (12 months FTC) in Halifax employer: LLOYDS BANKING GROUP
Lloyds Banking Group is an exceptional employer that prioritises employee well-being and professional growth, offering a dynamic work culture that fosters collaboration and innovation. With the flexibility of remote working and opportunities for career advancement within the Economic Crime Prevention function, employees can thrive in a supportive environment while contributing to meaningful compliance efforts. The company's commitment to diversity and inclusion further enhances its appeal, making it a rewarding place to build a career.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Lawyer – Merchant Services - Banking Products Legal (12 months FTC) in Halifax
✨Get Involved in Legal Networking Events
Jump into local or virtual legal networking events to meet industry pros and get your foot in the door! Use platforms like Eventbrite or Meetup to find gatherings, as these are great for making connections and hearing about temporary roles at firms like LLOYDS BANKING GROUP.
✨Showcase Your Skills Online
Create a simple online portfolio to showcase your legal work, whether that's case briefs, research papers, or even blog posts on legal topics. This public display can really set you apart when looking for temp roles in law, especially if you can make it relevant to the work that LLOYDS BANKING GROUP does!
✨Tap into Law School Resources
If you're near a law school, hit up their career services. They often have leads on temporary positions and can help connect you with alumni working at firms. Plus, they might host workshops or job fairs specific to the legal sector—great for scoring that temp position!
✨Stay Updated with Legal Job Boards
Regularly check specialised legal job boards like LawCareers.Net or TotallyLegal for temporary listings. Many firms post their openings directly there, and applying quickly can give you an edge over the competition when looking to join a prestigious firm like LLOYDS BANKING GROUP.
We think you need these skills to ace Senior Lawyer – Merchant Services - Banking Products Legal (12 months FTC) in Halifax
Some tips for your application 🫡
Show Off Your Legal Know-How:In the legal services world, it's all about demonstrating your understanding of relevant laws and regulations. Make sure your CV highlights your legal training, internships, or any relevant projects you've worked on. If you've done any mooting or legal research, include those too - they can really set you apart!
Tailor Your Application for the Temp Role:Since this is a temporary position, your application should stress your adaptability and readiness to jump in right away. Highlight any previous temp roles where you quickly got up to speed, or any diverse experiences that show you can handle a variety of cases or tasks with ease.
Keep it Specific with Your Documents:Make sure your application includes essential legal documents, such as any relevant certifications or memberships in legal bodies. These can add credibility to your CV and show that you're serious about the profession – especially useful in a competitive field like law!
Express Your Enthusiasm in the Cover Letter:Your cover letter is a golden opportunity to express your enthusiasm for the role and the organisation. Let them know why you’re excited about this temporary position with LLOYDS BANKING GROUP and how you're motivated to contribute to their success during your limited time with them!
How to prepare for a job interview at LLOYDS BANKING GROUP
✨Show Off Your Legal Know-How
Prepare to discuss your understanding of legal terminology and concepts that might come up during the interview for the Senior Lawyer – Merchant Services - Banking Products Legal (12 months FTC) role at LLOYDS BANKING GROUP. Brush up on relevant laws or recent cases that could be pertinent to the temporary position, as they'll likely appreciate candidates who can think on their feet and adapt to the fast-paced legal environment.
✨Talk About Your Flexibility
Since this is a temporary role, employers want to know you can hit the ground running. Be ready to highlight past experiences where you've had to quickly adapt to new tasks or work cultures. Flexibility is key in a short-term position like this, so share specific examples that demonstrate your ability to manage changing priorities efficiently.
✨Prepare for the Casework Challenge
You might face hypothetical scenarios where you'd have to advise on a legal issue or case. Practice articulating your thought process clearly, as interviewers in the legal sector often expect candidates to walk them through their reasoning step-by-step. This will not only showcase your legal acumen but also demonstrate your communication skills, which are crucial in law.
✨Pitch Your Legal Portfolio
If you have any relevant work samples, such as briefs, contracts, or legal research, this is your chance to shine! Be ready to discuss what you did, what challenges you faced, and the outcomes. This speaks volumes more than just listing your skills; it shows you're proactive and results-oriented, which is essential for a temporary role at LLOYDS BANKING GROUP.
