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Legal Counsel - Payments

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Salary Competitive
Type Permanent
Location London
Sector Legal
Job Reference L1/SMS/32908
Contact Simon Spencer
Date posted 21-10-2019

Legal Counsel - Payments

Our client, a leading US Bank with global coverage is seeking to hire a Legal Counsel to cover the payments area. The role is a permanent position and is based in London. The role will be responsible for supporting the Treasury Services business and assisting the Banking and Payments team to advise on EMEA banking and payments related law and regulation. They are able to offer around £100,000 plus a competitive benefits package and bonus.

Key Responsibilities include:

• Advising on EMEA banking and payments related law and regulation such as the Payment Services Directive, the Payment Systems Regulator, Deposit Guarantee Schemes Directive, Funds Transfer Regulation, Cross Border Payments Regulation, SEPA;
• Advising on Treasury Services products and services in EMEA, such as account based services, correspondent banking and payments clearing, on-line banking and cash concentration services, including proposed new product developments;
• Advising on laws and regulations affecting the Treasury Services business, including payments related regulations such as the Payment Services Directive

Key Requirements:

• Qualified lawyer with around 5-8 years PQE
• In-house legal experience of payments related issues at a global financial institution
• Working experience of cash clearing systems
• Knowledge of applicable local and EU law and regulation regarding fund transfers, deposits, and other related cash management offerings
• Familiarity with international banking and capital markets
• Strong academic background.
• Excellent written and verbal communication skills with strong interpersonal and client-service skills.

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Contact Simon about this job

VP, Head of Legal