Senior Legal Counsel - Payments Regulatory Lawyer

HSBC; Birmingham; Hybrid; GBP 125,000 - 150,000; Full time

Job summary

A leading financial institution in the UK is seeking a Senior Legal Counsel to support payments regulatory change. This role involves working closely with various banking teams and offers hybrid work options. Candidates should be qualified lawyers with regulatory experience and a keen interest in payment innovations. The position includes competitive pay, private healthcare, and ongoing professional development opportunities.

Benefits

Private healthcare

Enhanced maternity and adoption pay

Contributory pension scheme

Qualifications

• Demonstrable regulatory advisory experience in financial institutions or top tier private practice.
• Keen interest in evolving payment innovation and regulatory initiatives.
• Big picture understanding of payments architecture would be advantageous.

Responsibilities

• Provide support and advice on payments regulatory change.
• Conduct research and analysis of legislative requirements.
• Support internal bank projects and represent Legal in working groups.
• Advise the business on material legal developments.

Skills

Regulatory advisory experience

Commercial/project/regulatory experience

Interest in payment innovation

Stakeholder management

Education

Qualified lawyer

Job description

Senior Legal Counsel - Payments Regulatory Lawyer

Senior Legal Counsel, Payments Regulatory- London / Birmingham (open to other locations across the UK)

If you're looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a role that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

HSBC's Legal function plays a critical role in supporting the bank's global operations, managing legal risk, and ensuring the efficient and effective use of external legal resources. We are currently seeking an experienced individual to join the Corporate & Strategic Projects Legal Team. As the Senior Legal Counsel - Payments Regulatory Lawyer, you will report to the Managing Associate General Counsel (Payments) and work closely with retail, commercial and corporate banking teams in the UK and across the EU on payments law and regulation.

You would be at the center of evolution on payments regulatory change and digital innovation, focusing on maximizing commercial opportunities and support delivery of regulatory change programmes.

The key responsibilities of this role include:

• Provide support and advice on matters related to payments regulatory change, including National Payments Vision, Open Banking, fraud, SEPA payments, PSD3/PSR1, fraud and cross border payments.
• Carry out research and analysis of legislative requirements and industry guidance.
• Work on payment services based queries, researching, and analysing legislative requirements and regulatory guidance.
• Legal support for internal bank projects including supporting business and regulatory transformation and representing Legal on relevant working groups.
• Prepare materials to support legal working group meetings and business risk papers.
• Be proactive in the provision of legal support and in advising the business promptly of material legal developments and their implications

To be successful in this role you should meet the following requirements:

• Qualified lawyer with demonstrable regulatory advisory experience gained either within a financial institution or top tier private practice.
• Commercial/project/regulatory and payments sector experience, advising banks and/or fintechs.
• Keen interest in the evolving payment innovation and emerging regulatory initiatives with intellectual curiosity for this subject.
• Big picture understanding of payments architecture and regulatory framework would be an advantage.
• Ability to prioritise, take ownership of matters and work directly and manage multiple stakeholders

The base location for this role is Birmingham, with an option to work from other various suitable locations across the UK with a hybrid working pattern.

HSBC is committed to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We take pride in being part of the Disability Confident Scheme.

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