At a Glance
- Tasks: Provide legal advice on cash management and payments, ensuring compliance with laws and regulations.
- Company: Join a global financial services organisation as a Vice President in the Cash Management Division.
- Benefits: Enjoy a competitive salary, bonus, pension, and hybrid working options.
- Why this job: Make a real impact in a dynamic environment while shaping the future of banking.
- Qualifications: UK Qualified Lawyer with banking law experience and strong contract negotiation skills.
- Other info: Collaborate with diverse teams and enjoy excellent career growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Exceptional opportunity for a senior level banking lawyer to join a global financial services organisation, taking on the role of Vice President (VP) for the Cash Management/ Payments Division. On offer is a highly competitive salary and benefits package, including bonus and this role is hybrid and can be based in London, Glasgow or Manchester.
The Payments/ Cash Management Legal team is responsible for all legal advice relating to the cash management business within Corporate Banking. The team supports a range of activities including implementing product development, regulatory change and supporting cash management transactions.
You will provide legal advice and support across a wide range of treasury and cash management products and services. You will also have a strong knowledge of payment laws and payment systems and will partner with product, compliance, risk, and operations teams to deliver legally sound, compliant, and commercially practical solutions.
Role Profile:
To ensure that the activities of the corporate banking division related to the role’s relevant product set are conducted in compliance with applicable laws, rules and regulations, and to help the bank manage legal and reputational risks associated with these activities.
- Development and implementation of best practice legal strategies related to the role’s relevant product set, to manage risk related to non-adherence to laws, rules and regulations.
- Subject matter legal advice and support to the Bank's corporate and investment banking divisions globally on a wide range of transactions and projects across trade and working capital finance, cash management, real estate finance, project finance, asset backed finance, lending and other corporate loan finance.
- Subject matter legal advice and support to the Bank’s businesses and infrastructure functions, including areas such as credit, compliance, risk, product management, tax, finance, fraud, transaction management, structuring and execution, litigation, commercial contract support, and operations, often in close collaboration with other legal teams across departments and jurisdictions.
- Subject matter support in the Legal department’s representation of the bank in legal proceedings related to the role’s relevant product set, such as litigation, arbitration, and regulatory investigations.
- Creation and/or review of legal documents for the relevant product set to ensure the bank’s adherence with applicable laws, rules and regulations. Maintaining and updating legal documentation related to the role’s related product set for the corporate banking division.
- Development and delivery of training programmes to educate employees on legal and regulatory requirements related to the role’s relevant product set.
- Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.
- Provide legal support for the development and delivery of cash management services.
- Draft, review, and negotiate complex agreements including cash management agreements, service contracts, and related documentation.
- Advise on legal and regulatory risks associated with cash management operations across jurisdictions.
- Partner with internal stakeholders (product, risk, and compliance) to enable product innovation while ensuring legal compliance.
Candidate Requirements:
- UK Qualified Lawyer with a banking law background.
- Cash Management/ Payments experience (Treasury services, payments law, or transactional banking).
- Financial Services background – either private practice or in-house.
- In-depth understanding of relevant regulatory frameworks.
- Strong contract negotiation and drafting skills.
- Ability to work to deadlines and manage high volume of work.
- Strong communication and influencing skills.
On Offer:
Highly competitive salary and benefits package including bonus and pension.
To Apply:
For a confidential discussion about this position, to request the full job description or to apply, please contact:
David Thomson- Director
Edinburgh: +44 (0) 131 450 7164
Glasgow: +44 (0) 141 244 0260
Aberdeen: +44 (0) 1224 502 044
London: +44 (0) 203 174 2482
Dublin: +353 (0) 1 699 1360
Email: david@thomsonlrc.com
In-House Payments Lawyer employer: Thomson Legal Recruitment Company
Contact Detail:
Thomson Legal Recruitment Company Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land In-House Payments Lawyer
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to current employees at companies you’re interested in. We all know that sometimes it’s not just what you know, but who you know!
✨Ace the Informational Interview
Set up informal chats with professionals in the payments or banking sector. This is your chance to learn more about the role and the company culture while showcasing your enthusiasm and knowledge. Plus, it could lead to job opportunities down the line!
✨Showcase Your Expertise
When you get the chance to meet potential employers, make sure to highlight your experience with cash management and payments law. Bring examples of how you’ve tackled challenges in the past and how you can add value to their team. We want to see your skills shine!
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through us not only shows your interest but also gives you a better chance of being noticed. Let’s get you that dream job together!
We think you need these skills to ace In-House Payments Lawyer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your banking law experience and cash management expertise. We want to see how your skills align with the role, so don’t be shy about showcasing relevant projects or achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the VP role in our Payments Division. Share your passion for legal compliance and how you can contribute to our team’s success.
Showcase Your Communication Skills: As a lawyer, strong communication is key. In your application, demonstrate your ability to convey complex legal concepts clearly and effectively. We love candidates who can bridge the gap between legal jargon and practical solutions!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Thomson Legal Recruitment Company
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of payment laws and cash management regulations. Be ready to discuss how these laws impact the bank's operations and how you can help navigate them.
✨Showcase Your Experience
Prepare specific examples from your past roles that highlight your experience in banking law, particularly in cash management or payments. This will demonstrate your capability to handle the responsibilities of the role effectively.
✨Collaborative Mindset
Since this role involves partnering with various teams, be prepared to discuss how you've successfully collaborated with product, compliance, and risk teams in the past. Highlight your communication skills and ability to influence others.
✨Stay Updated
Keep yourself informed about recent changes in legal and regulatory frameworks related to cash management. Being able to discuss current trends and their implications during the interview will show your commitment to staying ahead in the field.