Legal Counsel - Payments AVP

Barclays

Oct 10

Applications are closed

Job
Full-time
Mid & Senior Level
Legal
Birmingham

Requirements

Paralegal or recently qualified lawyer or other similar background.
Experience drafting and negotiating contracts.
Ability to work to deadlines and manage high volume of work.
Experience working within financial services industry (desired but not essential).

Responsibilities

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.
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.
Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
Take ownership for managing risk and strengthening controls in relation to the work done.
Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc) to solve problems creatively and effectively.
Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
Influence or convince stakeholders to achieve outcomes.

FAQs

What is the primary focus of the Legal Counsel - Payments AVP role?

The primary focus of the role is to support the transactional part of the Barclaycard Payments division by drafting and negotiating contracts with customers and strategic partners related to payment acceptance and commercial card products.

What qualifications or experience are required for this role?

Candidates should have a paralegal background or be a recently qualified lawyer, along with experience in drafting and negotiating contracts. The ability to work to deadlines and manage a high volume of work is also essential.

Is experience in the financial services industry necessary for this position?

Experience in the financial services industry is desired but not essential for this role.

Where can this role be based?

This role can be based in either Birmingham or Northampton.

What are the key accountabilities of the Legal Counsel - Payments AVP?

Key accountabilities include developing and implementing best practice legal strategies for risk management and compliance, providing legal advice on payments-related activities, representing the bank in legal proceedings, and creating and reviewing various legal documents to ensure compliance.

What expectations are there for someone at the Assistant Vice President level?

Expectations include consulting on complex issues, identifying ways to mitigate risk, managing risk and strengthening controls, collaborating with other areas of work, performing complex data analysis, and communicating complex information effectively.

What are the core values and mindset that colleagues are expected to demonstrate?

Colleagues are expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, along with the Barclays Mindset to Empower, Challenge, and Drive.

Barclays

Barclays is a British multinational bank offering personal, corporate, and investment banking services worldwide.

Finance

Industry

10,001+

Employees

1690

Founded Year

Mission & Purpose

Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. Barclays is a trading name of Barclays Bank PLC and its subsidiaries. Barclays Bank PLC is registered in England and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England. Registered No. 1026167. Registered office: 1 Churchill Place, London E14 5HP.