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Senior Commercial Contracts Lawyer

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Barclays

9d ago

  • Job
    Full-time
    Senior Level
  • Government & Politics
    Legal
  • Birmingham

AI generated summary

  • You must be a senior qualified lawyer with relevant experience in commercial/technology agreements, strong negotiation skills, and a dynamic approach. Financial services experience is a plus.
  • You will ensure legal compliance, provide contract support, represent in proceedings, conduct research, develop training, manage risks, and advise stakeholders while fostering relationships and driving strategy.

Requirements

  • You will need to be a dynamic, senior qualified lawyer (Solicitor, Barrister or similar in the UK or another comparable jurisdiction), used to working independently, with relevant post-qualification experience (in-house and/or private practice) and strong technical knowledge of and expertise in general commercial/technology agreements, including experience in negotiating and advising on these agreements – for example, professional services, sponsorship, hardware and software maintenance, SaaS and cloud services, data and index licensing and PoCs.
  • (Experience in advising on these types of agreements as related to the financial services industry will be an advantage but is not essential).
  • This role can be based in any of our Birmingham, Manchester or Glasgow offices, currently on a hybrid basis.
  • You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

Responsibilities

  • To ensure that the commercial, innovation, technology, real estate, sponsorship, data licensing and service activities (CIT Areas) are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and reputational risks associated with these activities.
  • Development and implementation of best practice legal strategies for risk management and compliance.
  • Legal advice and support to the business on CIT Areas, including regulatory advice and advocacy, innovation and technology strategy, and contract drafting, review and negotiation.
  • Representation of the bank in legal proceedings related to CIT Areas, such as litigation, arbitration, and regulatory investigations.
  • Creation and review of legal documents including agreements and licenses for commercial services, technology, software, data, real estate, and sponsorship and other legal documents to ensure compliance with applicable laws and regulations.
  • Legal research and analysis to stay up to date on changes in laws and regulations that may impact the bank across the CIT Areas.
  • Developing and delivering training programmes to educate employees on legal and regulatory requirements related to the CIT Areas.
  • 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.
  • 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 escalate 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.

FAQs

What is the primary purpose of the Senior Commercial Contracts Lawyer role?

The primary purpose of the role is to ensure that commercial, innovation, technology, real estate, sponsorship, data licensing, and service activities are conducted in compliance with applicable laws and regulations, while helping the bank manage legal and reputational risks associated with these activities.

What type of experience is required for this position?

Candidates need to be a dynamic, senior qualified lawyer (Solicitor, Barrister, or similar) with relevant post-qualification experience, strong technical knowledge of commercial and technology agreements, and experience in negotiating and advising on these agreements.

What specific areas will the Senior Commercial Contracts Lawyer be advising on?

The lawyer will advise on a diverse range of commercial and technology agreements, including professional services, sponsorship, hardware and software maintenance, SaaS and cloud services, and data and index licensing.

Is experience in financial services regulatory matters essential for this role?

Experience in advising on commercial and technology agreements specific to the financial services industry is an advantage but not essential.

What are the key accountabilities expected from this role?

Key accountabilities include developing legal strategies for risk management, providing legal advice and support, representing the bank in legal proceedings, reviewing legal documents, conducting legal research, and delivering training programs related to legal and regulatory requirements.

How can the Senior Commercial Contracts Lawyer contribute to strategic planning within Barclays?

The lawyer can contribute by driving requirements, making recommendations for change, managing resources and budgets, and delivering continuous improvements within the department.

What are the expectations for People Leaders in this role?

People Leaders are expected to demonstrate leadership behaviors, define job responsibilities, plan for departmental needs, counsel on performance, and support employee development.

What does the role offer in terms of work environment?

The role can be based in any of Barclays' Birmingham, Manchester, or Glasgow offices and is currently offered in a hybrid working format.

What values are expected to be demonstrated by all colleagues at Barclays?

All colleagues are expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, as well as the Barclays Mindset to Empower, Challenge, and Drive.

What kind of legal advice will the Senior Commercial Contracts Lawyer provide?

The lawyer will provide legal advice on commercial agreements, regulatory aspects, contracting, litigation, arbitration, and compliance with laws and regulations within the CIT areas.

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.