JOB TITLE: Lawyer - Commercial Cards, Banking Products Legal (12 Month Secondment/FTC)
SALARY: £89,739 - £99,710
LOCATION(S): Bristol, Cardiff, Chester, Edinburgh, Halifax & Leeds
HOURS: Full Time
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.
About this opportunity
You will be joining the Banking Products Legal team. We are a supportive legal team which assist the BCB (Business and Commercial Bank) and CIB (Corporate and Institutional Banking) within the Group.
Banking Products Legal supports six business teams - Cash Management and Payments, Merchant Services, Commercial Cards, Asset Finance, Invoice Finance and Trade Finance.
This role is within the Commercial Cards legal team primarily supporting the Commercial Cards business, although there may be opportunities to support other matters within the wider Banking Products Legal team. The Commercial Cards business manufactures and distributes credit and charge card products for commercial customers of all sizes. The business has a large range of products from physical cards regulated by the Consumer Credit Act to sophisticated virtual card products.
You’ll use your experience to give proactive, pragmatic and solutions‑focused advice and support to our Commercial Cards business with its ambitious growth strategy.
What does the role involve?
* Provide legal support for product development and innovation, legal and regulatory change projects, rectifications and remediations, industry change initiatives, customer on-boarding and customer journeys (including via digital channels)
* Advise on the applicable legal and regulatory framework, including the Consumer Credit Act (where relevant), Payment Services Regulations, the Consumer Duty and related regulatory requirements
* Advise on terms and conditions for products, including amendments to existing terms and drafting new terms
* Support business partners in negotiating bespoke customer arrangements
* Advise business partners on third party arrangements relating to the provision of products, including working with other Legal & Secretariat teams as appropriate
* Proactively identify, report and support the management of legal and governing risks, recommending solutions when needed
* Manage panel law firms and build and maintain positive relationships with external lawyers
* Collaborate with team members and work cross-functionally to help deliver business strategy
* Support legal, regulatory and change projects across BCB & CIB Legal and the wider Legal & Secretariat Community (e.g. CCA Reform)
* Reflect on legal service delivery and look for continuous improvement opportunities; and
* Stay on top of regulatory, industry and legal change.
You’ll lead on your own workload and demonstrate dedication to self‑development. You’ll be encouraged to bring passion, a positive, proactive approach and be team orientated.
Why Lloyds Banking Group
We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you.
What you’ll need
* Qualified as a solicitor in the UK (or equivalent qualification) with at least 4 years PQE
* A good understanding of the legal and regulatory framework applicable to commercial cards and payments, ideally with experience of payment services and consumer credit regulation
* An ability to build strong, collaborative relationships
* Confidence in using experience and insights to influence, inform and challenge
* Any in‑house legal experience within a financial institution, including instructing external lawyers, would be really useful.
About working for us
Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we’re committed to creating an environment in which everyone can thrive, learn and develop.
We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative.
We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long‑term health or neurodivergent condition through the Disability Confident Scheme.
We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.
We also offer a wide-ranging benefits package, which includes:
* A generous pension contribution of up to 15%
* An annual performance‑related bonus
* Share schemes including free shares
* Benefits you can adapt to your lifestyle, such as discounted shopping
* 30 days' holiday, with bank holidays on top
* A range of wellbeing initiatives and generous parental leave policies
If you’re excited about being part of our team, get in touch. We’d love to hear from you!
#J-18808-Ljbffr