Legal Counsel - Payments

Legal Counsel – PAYMENTS

We are currently seeking a Legal Counsel – PAYMENTS to join the HSBC UK Legal Team.

The role of Legal Counsel is to support the implementation of new regulatory and payment scheme obligations, including SCA, Open Banking, new payment architecture, payment development based on enhancement to existing payment capabilities and leveraging innovation. The successful candidate will be involved with payment transformation activity across the UK and Europe and representing the Legal team on relevant working groups.

The role-holder will work alongside the Senior Legal Counsel to:

• Identify, manage and advise upon material payments regulatory risks and issues;
• Carrying out research and analysis of legislative requirements and industry guidance;
• Provide payments regulatory advice on internal bank projects for the UK and Europe, including supporting business and regulatory transformation and attendance at working groups;
• Advise on strategic business objectives related to payment services including digital payment innovation, open banking and cross border payments;
• Be considered to be a trusted adviser to the business by ensuring that commercially sensitive, pragmatic and practical legal support and advice is provided on a cost-effective and timely basis;
• Provide support and guidance to HBUK & HBEU departments in relation to the legal risks arising from payments regulatory obligations;
• Be the accountable lawyer or assist the accountable lawyer to provide prompt, commercial, practical and sometimes complex and / or specialist legal advice to HBUK & HBEU business departments;
• Be proactive in the provision of legal support and in advising the business promptly of material legal developments and their implications.

To be successful in this role you should meet the following requirements:

• Qualified lawyer with experience gained either within a financial institution or top tier private practice;
• Keen interest in the evolving digital payment landscape and emerging regulatory initiatives, including digital currencies
• Big picture understanding of the payments regulatory framework;
• Knowledge and experience of banking, corporate and securities law concepts and a working knowledge of the laws in the major jurisdictions in which HSBC operates;
• Commercial/project/ regulatory experience an advantage;
• Ability to prioritise;
• Good communication and inter-personal skills.

The base location for the role is flexible in the UK but there is an expectation that some time will be spent in the the Birmingham office.

You’ll achieve more when you join HSBC.
At HSBC we look to enable our employees to better balance their work / life priorities and have the flexibility required to meet challenging needs as they progress through different life stages. Where possible we will consider the following flexible working options: part-time working, job sharing, term-time working, and working from home and staggered hours. If in considering a role with HSBC you have a need for some flexibility in your working arrangements please discuss this with the recruitment team in the early stages of the application process.

HSBC is committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We are proud members of the Disability Confident Scheme, and will offer an interview to disabled candidates who meet the minimum criteria for the role. If you would like to receive any information in a different way or would like us to do anything differently to help you apply for our roles, please contact our Recruitment Helpdesk:
Email: hsbc.recruitment@hsbc.com
Telephone: +44 2078328500.

You can find out more about the recruitment journey and what to expect by viewing our Recruitment Process FAQs in HR Direct and by clicking here (only available via internal access).

Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has processes in place to avoid nepotism. This means we will avoid circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.”