Legal Counsel

PayPoint plc; Welwyn Garden City; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Legal Counsel to join their dynamic team in Welwyn Garden City. This role involves providing legal and regulatory advice on Payments and e-money, with a focus on FCA-regulated activities. You will support the legal team by drafting contracts, advising on regulatory developments, and ensuring compliance with GDPR and data protection laws. The ideal candidate will possess strong negotiation skills, attention to detail, and a proactive approach to managing legal matters. Join this innovative firm and make a significant impact in the fast-paced world of financial services.

Qualifications

• Solicitor qualified with experience in FCA-regulated businesses.
• Strong understanding of regulatory principles and GDPR.

Responsibilities

• Handle legal and regulatory matters for Cards and Payments.
• Draft and negotiate contracts to support FCA-regulated businesses.

Skills

Contract Drafting

Regulatory Compliance

Negotiation Skills

GDPR Knowledge

Attention to Detail

Education

Solicitor Qualification in England and Wales

2+ Years Post-Qualification Experience

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 in the PayPoint head office in Welwyn Garden City and reports to the Head of Legal - Card Services Business. It 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 PayPoint’s other FCA-regulated Payments businesses in collaboration with the legal team.
• 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 and negotiate commercial agreements.
• Advise on regulatory developments and brief business stakeholders.
• Research legislation, case law, and regulatory requirements to ensure accurate advice and procedures.
• Monitor legal and regulatory changes and assess their impact on the business.
• Support data protection matters under the review and management of the DPO.
• Collaborate with Legal and Compliance Teams to promote a unified approach.

Essential Qualifications and Experience

• Solicitor qualified in England and Wales, with at least 2 years post-qualification experience, or equivalent.
• Experience in drafting contracts and providing legal advice on commercial and regulatory issues.
• Experience working within FCA-regulated businesses, with a strong understanding of regulatory principles.
• Knowledge of GDPR, data protection, and data security issues.
• Effective negotiation skills and attention to detail.

Highly Desirable

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

Person Specification

• Positive, motivated, and capable of managing workload independently.
• Responsible and proactive in supporting business and legal teams.
• Excellent time management and attention to detail.
• 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.
• Excellent interpersonal skills for working with internal clients at various levels.

Description

Provide legal and regulatory advice on Payments, e-money, GDPR, and data protection issues related to FCA-regulated Payment businesses, supporting the legal team in these areas.