Legal Counsel

PayPoint plc; Digswell; On-site; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a Legal Counsel to join their dynamic team. This role involves handling legal and regulatory matters related to the Cards Business, providing essential support to FCA-regulated Payments businesses, and drafting contracts. The ideal candidate will possess a solicitor qualification and have experience in regulatory compliance, particularly within the financial sector. Join a collaborative environment where your expertise will contribute to the success of innovative payment solutions while ensuring compliance with legal standards and regulations.

Qualifications

• At least 2 years post-qualification experience as a solicitor.
• Experience in FCA-regulated environments and GDPR knowledge.

Responsibilities

• Handle legal and regulatory matters for PayPoint's Cards Business.
• Draft and negotiate contracts, providing legal advice.

Skills

Contract Drafting

Regulatory Compliance

Negotiation Skills

Data Protection Knowledge

Legal Research

Education

Solicitor Qualification in England and Wales

Job description

Vacancy Name: Legal Counsel
Vacancy No: VN435
Employment Type: Contract
Business Name: PayPoint Network Ltd
Location: Welwyn Garden City

Job Details

Legal Counsel: Cards and Payments

The role is based at the PayPoint head office in Welwyn Garden City and reports to the Head of Legal - Card Services Business. This position is part of the wider PayPoint Group Legal Team comprising 10 lawyers.

Main Purpose of Role

• Handle legal and regulatory matters related to PayPoint Group’s Cards Business, including structuring regulated and unregulated activities under the Consumer Credit Act.
• Support other FCA-regulated Payments businesses within PayPoint by providing legal support.
• Draft and negotiate contracts to support these businesses.
• Assist other PayPoint Group businesses as needed.

Main Responsibilities

• Support the main purpose of the role as outlined above.
• Provide regulatory input on commercial agreements and negotiate contracts.
• Advise on regulatory developments and brief business stakeholders accordingly.
• Research and analyze legislation, case law, and regulatory requirements to ensure accurate legal advice and procedures.
• Monitor legal and regulatory changes and assess their impact on the business.
• Support data protection matters in collaboration with the Data Protection Officer (DPO).
• Work with Legal and Compliance Teams to promote a unified team approach.

Essential Qualifications and Experience

• Solicitor qualified in England and Wales, with at least 2 years post-qualification experience; other applicants considered.
• Experience drafting contracts and providing legal advice on commercial and regulatory issues.
• Experience working in an FCA-regulated environment with a solid understanding of regulatory principles.
• Knowledge of GDPR, data protection, and data security issues.
• Strong negotiation skills and attention to detail.

Highly Desirable

• Experience advising on FCA regulatory matters.
• Experience in consumer credit and payment services is preferred but not essential.
• In-house legal experience.

Person Specification

• Motivated, positive, and capable of managing workload independently.
• Responsible, proactive, and willing to support the business and team members.
• Excellent time management, attention to detail, and ability to handle high volumes of work.
• Pragmatic, business-focused, and capable of managing stakeholder relationships.
• Effective influencing skills and commercial acumen.
• Quick learner with efficient work turnaround.
• Organized, proactive, and team-oriented.
• Strong planning and project management skills.
• Good interpersonal skills for working with various internal clients.

Description

Advise on all legal and regulatory issues, including Payments, e-money, GDPR, and data protection, related to PayPoint’s FCA-regulated Payments businesses. Collaborate with the legal team to support these operations.