Managing Counsel

Managing Counsel

Job Title: Managing Counsel
Contract Type: Permanent
Location: London, England
Salary: £85000.00 - £90000.00 per annum
Reference: BBBH22235_1649930808
Contact Name: Rory Strong
Contact Email:
Job Published: April 14, 2022 11:06

Job Description

How will you make an impact in this role?
The role will support all lines of business within the Group. Key business areas relevant to this role include the payment network, consumer and commercial card issuing, merchant acquiring and payments generally, all with the overlay of a dynamic environment involving emerging and evolving digital/mobile and data-driven technologies and capabilities.

The role will partner closely and interface with other lawyers, business colleagues, Compliance, Government Affairs, and external bodies, regulators and industry trade groups.
The ideal candidate would be a strategic thinker with strong analytical and communication skills who has experience in competition law and ideally also in payments systems regulation and/or has demonstrated an aptitude for interpreting and applying technically complex regulation. You will need to be confident and able to work closely with business clients on a day to day basis, managing conflicting priorities and tight deadlines. You will also need to be confident in interacting with and helping the Group deepen its relations with regulators , in partnership with Government Affairs and Compliance.

The role will be based in London with the opportunity to work remotely 3-4 days a week.

Main Responsibilities
*Regulatory and policy advice and strategic support with an emphasis on (i) a wide range of competition law and payments systems regulatory matters and (ii) other materially relevant policy developments affecting payments , such as digital, data and consumer policy developments
*Supporting compliance with the requirements of key payments legislation
*Monitoring regulatory policy and competition law developments relating to financial services, payment services, payment schemes and adjacent sectors through internal, external and desktop resources and reporting these developments internally
*Advising on the strategic implications of emerging legal and policy developments affecting the company and competition law driven payments regimes, drawing from experience of global developments
*Assisting in the development of Group strategy in response to and anticipation of regulatory developments in the payments industry
*Partnering with colleagues in Government Affairs and across the GCO on external engagement efforts to ensure regulation is proportionately tailored according to different business models
*Building positive working relationships with relevant policymakers through attending meetings with policymakers and participating in legal and industry groups. Responding to public policy consultations and supporting regulatory engagement on key developments
*Liaising with other industry participants on regulatory developments and providing competition law advice relating to participation in trade associations and industry bodies
*Competition law and related regulatory advice and training for senior management, boards and committees
*Carrying out legal research
*Managing databases and omni-channel forms of communicating policy updates. Managing, implementing and improving methods for legal knowledge management within the team. Suggesting process improvements
*Briefing colleagues and clients on significant developments and projects
*Preparing and supporting with delivery of internal training as appropriate
*Requesting, obtaining and finalising legal opinions/advice from outside counsel as needed and managing related budgets
*Leading projects, assisting more senior lawyers
*Attending relevant training courses and conferences
*Supporting the work of the Global Legal Policy and Strategy function, as required. A keen interest in thinking creatively about how to make our research and horizon scanning visible, readily accessible and appealing to senior management