Legal Counsel - Payments, Financial Services Regulatory

Lusona Consultancy (Financial) Limited; City of Edinburgh; Hybrid; GBP 65,000 - 95,000; Full time

Job summary

A leading UK financial institution is seeking a passionate Legal Counsel to join their dynamic team. In this hybrid role, you will provide strategic legal advice across payments and retail banking, ensuring compliance and managing risks effectively while collaborating with key stakeholders. The position offers a competitive salary and opportunities for professional development in a modern work environment.

Benefits

Flexible working arrangements

Collaborative culture

Career progression opportunities

Qualifications

• Post-qualified legal experience, ideally in-house or from a top-tier UK law firm.
• Strong knowledge of banking law, financial services regulation, and payments services.
• Experience with various banking legal frameworks and simplification of legal issues for stakeholders.

Responsibilities

• Provide expert legal advice on payments and retail banking initiatives.
• Support strategic projects and regulatory compliance efforts.
• Collaborate with internal teams and external legal advisors.

Skills

Banking Law

Financial Services Regulation

Payments Services

Open Banking

Transaction Banking

Retail Banking Legal Frameworks

Education

Post-qualified legal experience

Job description

Legal Counsel – Payments & Retail Banking | Hybrid | Competitive Package

Location:Edinburgh
Contract Type:Permanent
Hours:35 per week
Salary:Highly competitive + benefits

Are you a strategic legal professional with a passion for payments and financial services? An exciting opportunity has arisen with a leading UK financial institution for aLegal Counselto join their dynamic team supporting payments and retail banking operations.

About the Role:

You’ll play a pivotal role in delivering legal and regulatory advice across payments and customer journeys in retail and wealth business areas. This is a high-impact position where you’ll work closely with senior stakeholders and external partners, ensuring legal guidance is clear, timely, and commercially sound.

What You’ll Bring:

• Post-qualified legal experience, ideally in-house or from a top-tier UK law firm.

• Strong knowledge ofbanking law,financial services regulation, andpayments services.

• Experience withopen banking,transaction banking, andretail bankinglegal frameworks.

• Ability to simplify complex legal issues for non-legal stakeholders.

• Proven track record of managing legal risk and driving process improvements.

Key Responsibilities:

• Provide expert legal advice on payments and retail banking initiatives.

• Support strategic projects and regulatory compliance efforts.

• Collaborate with internal teams and external legal advisors.

• Drive cost-effective legal solutions using modern tools and practices.

Why Apply?

• Join a forward-thinking, flexible and friendly legal team.

• Work on cutting-edge legal issues in the evolving payments landscape.

• Be part of a collaborative and inclusive culture with real career progression.

To find out more, please contact Jill Cowan on 07931 811 330 or email [e-mail]