Senior Legal Counsel, 12 Months FTC, London Join our team at Pay.UK and make a difference in the UK's payments industry. As a Senior Legal Counsel, you'll provide expert legal advice, manage legal risks, and support decision-making. You'll work closely with colleagues across all Pay.UK Directories and contribute to the effective management of our Legal and Data Protection function.
Key Accountabilities Acts as the first point of escalation for legal risks identified and raised by Legal Counsels and Paralegals within the teamManages legal risks in a timely, relevant, pragmatic and proportionate mannerActs as legal subject matter expert who is able to work collaboratively and persuasively by offering expert, relevant, proportionate and pragmatic recommendations aligned with Pay.UK's risk appetiteStays up to date with new legislation, regulations, caselaw and business practices that are relevant to Pay.UKPinpoints emerging or potential legal risks Pay.UK may face and suggests suitable remedial measures in alignment with the organisation's risk frameworkSupports the HOL on the development and maintenance of policies, processes and controls that are required for the effective management of legal risk across Pay.UK and for the operational management of the Legal function in line with the ERR and Legal RCSAContributes to building a first line of defence culture by supporting training and development initiatives for our business colleaguesDevelops, maintains, and broadens their network of colleagues across the organisation in order to position themselves as trusted senior advisorManages external legal counsel, in accordance with the Pay.UK Legal Outsourcing ProcessSupports HOL in the management of the Legal and DP function, including, but not limited to, budget, training and resourcing aspectsCommunicates and collaborates effectively with colleagues and third parties on complex legal and contractual mattersSupports the development and regular update of templates and legal documentation; and maintains the documentation and evidence necessary for the Pay.UK Legal Team to operate effectivelySkills, Experience & Qualifications A Data Protection law expert with a track record of working for FS clients (essential)Qualified lawyer admitted to practice in England & Wales, Northern Ireland or ScotlandPrior experience as a member of an internal legal team within the payments or financial services sector is desirableKnowledge of law, legal risks management and current developments that may impact the payments industryUnderstanding of the UK payments ecosystem, its stakeholders, regulators and the implications of running critical national infrastructureCuriosity about the law and current legal trends; and how these affect Pay.UK's businessAbility to act as an ambassador for the Legal and Data Protection functionAbility to deal and engage with senior stakeholdersGood interpersonal skills and emotional intelligenceAbility to persuade, negotiate and resolve conflicts constructivelySkilled at operating efficiently during periods of high demandAt Pay.UK, we value diversity and inclusivity. We encourage all qualified candidates to apply, regardless of how closely their skills and experience match the requirements.
About Us Pay.UK maintains and develops the UK retail payment systems and standards that are core to the economy being able to function on a day-to-day basis.
From Bacs to Faster Payments and cheques – we act as the single operator for all UK retail payments. We put the needs of consumers and businesses at the heart of everything we do, working in the public interest to ensure that the systems the country relies on for its banking transactions are safe, open, innovative and resilient.
Benefits & Additional Information 12% Non-contributory pensionDiscretionary annual bonus30 days annual leave (excluding bank holidays)Employee assistance programmeCycle to Work SchemeSeason ticket loanAnnual fitness subsidy of up to £500 per annumWorking from home policy - minimum 40% in the office (eg. 2 days in the office over a 5 day working week)Please note: Benefits for FTC roles may vary Apply for this job* indicates a required field
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