Payments Regulatory Lawyer - VP

Barclays; Birmingham; On-site; GBP 120,000 - 180,000; Full time

Job summary

Barclays is seeking a Payments Regulatory Lawyer (VP) to provide regulatory and product-focused legal advice to the Commercial Issuing business across the UK. The role offers an opportunity to shape risk management, compliance and governance within a leading financial institution.

You will advise on the Second Payment Services Directive, Payments Service Regulations, Strong Customer Authentication and related RTS, engaging with senior stakeholders and leading strategic initiatives within the

Qualifications

• Qualified solicitor with regulatory knowledge including PSD2 and PSRs.
• Understanding of the Consumer Credit Act and SCA/RTS.
• Strong communication and influencing skills (verbal/written).
• Prior in‑house experience is valued.

Responsibilities

• Provide regulatory and product-focused legal advice to Commercial Issuing.
• Advise on PSD2, PSRs, Consumer Credit Act, SCA and RTS.
• Support risk, governance and controls for regulatory compliance.
• Collaborate with senior stakeholders across Barclays corporate function.

Skills

Regulatory expertise

Communication skills

Influencing skills

Analytical thinking

Education

Qualified solicitor

Job description

Job Description

Purpose of the role

To ensure that the payment activities are conducted in compliance with applicable laws and regulations, and to help the bank manage legal risks associated with these activities.

Accountabilities

• Development and implementation of best practice legal strategies for risk management and compliance.
• Legal advice and support to the bank’s payments-related activities including merchant acquiring, card issuance, cross currency payments, payment systems and mobile payments.
• Representation of the bank in legal proceedings related to payment services, such as litigation, arbitration, and regulatory investigations.
• Creation and review of legal documents such as payment services agreements, cardholder agreements, and other payment-related agreements to ensure compliance with applicable laws and regulations and, where relevant, negotiate with counterparties.
• 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.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and elevate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

The Corporate Bank Legal Team is looking for a Payments Regulatory Lawyer to provide regulatory and product-focused legal advice to the Commercial Issuing business. This is an excellent role for someone looking to develop their in‑house career.

To be successful as a Payments Regulatory Lawyer - VP, you should have the following experience:

• Qualified solicitor
• In-depth knowledge of and experience advising on the Second Payment Services Directive and the Payments Service Regulations
• Understanding of the Consumer Credit Act
• Detailed understanding of the Strong Customer Authentication requirements and the relevant Regulatory Technical Standards
• Considerable communication and influencing skills – verbal and written (technical and non-technical)
• Analysis, judgement, self-starter and integrity

Some other highly valued skills may include

• Prior in‑house experience
• Considerable commercial focus
• Willingness to undertake varied tasks and expand knowledge into other areas
• Understanding of the Strong Customer Authentication requirements and the relevant Regulatory Technical Standards

You may be assessed on key critical skills relevant for success in the role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job‑specific technical skills.

This role can be located Northampton, Birmingham or Manchester.