Overview
Join us as a Technology & Commercial Lawyer - VP at Barclays, where you will be part of our Global Commercial, Innovation and Technology (CIT) Legal team. We provide a wide range of legal services and advice across the Barclays Group, operating at the cutting edge of law, innovation, and regulation. In this role, you will advise on a range of commercial contracts for businesses across the Bank, with a focus on complex market data vendor agreements. You will be tasked with leading and supporting transactional work for the Market Data team, including working with the business to negotiate license rights, redistribution of data rights, restrictions around AI usage and key legal terms, to ensure that the commercial, innovation, technology, real estate, sponsorship, data licensing and service activities (CIT Areas) are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and reputational risks associated with these activities.
Responsibilities
* Development and implementation of best practice legal strategies for risk management and compliance.
* Legal advice and support to the business on CIT Areas, including regulatory advice and advocacy, innovation and technology strategy, and contract drafting, review and negotiation.
* Representation of the bank in legal proceedings related to CIT Areas, such as litigation, arbitration, and regulatory investigations.
* Creation and review of legal documents including agreements and licenses for commercial services, technology, software, data, real estate, and sponsorship and other legal documents to ensure compliance with applicable laws and regulations.
* Legal research and analysis to stay up to date on changes in laws and regulations that may impact the bank across the CIT Areas.
* Developing and delivering training programmes to educate employees on legal and regulatory requirements related to the CIT Areas.
* Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.
* Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
* Manage and mitigate risks through assessment, in support of the control and governance agenda.
* Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
* Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
* Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
* Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
* Adopt and include the outcomes of extensive research in problem solving processes.
Qualifications
* Qualified lawyer (Solicitor, Barrister, or equivalent in the UK or another comparable jurisdiction)
* Strong expertise in commercial contracts and technology agreements, ideally within the financial services sector
* Knowledge of license rights, data distribution, and AI restrictions in vendor agreements
* Proven ability to manage stakeholders and deliver results in a fastpaced environment
* Experience in regulatory frameworks relevant to financial services
* Experience with technology related transactions
* Genuine interest in AI, technology, and innovation
* Experience with process improvement
* Experience with optimisation
* Experience working with market data vendors and negotiating on their contractual terms
You may be assessed on key critical skills relevant for success in the role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.
All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship - our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset - to Empower, Challenge and Drive - the operating manual for how we behave.
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