Senior Lawyer - Banking Products; Cash Management & Payments

Senior Lawyer - Banking Products (Cash Management & Payments)

Employer:

Lloyds Banking Group

Location:

Cardiff, Cardiff, CF10 5BH

Pay:

£111,809 to £131,540 per year

Contract Type:

Permanent

Hours:

Full time

Disability Confident:

Yes

Closing Date:

05/02/2026

We have an exciting opportunity for a Senior Lawyer to join our Banking Products team in Business & Commercial Banking (BCB) and Corporate & Institutional Banking (CIB) Legal to support the cash management and payments business.

Join a highly collaborative and friendly team.

They support delivering transaction banking products and services to all commercial customers.

These include sole traders, start-ups, large corporates, financial institutions, and the public sector.

• Banking Products (Cash Management & Payments) SALARY £111,809 - £131,540 LOCATION(S):
  Edinburgh, Bristol, Cardiff, Chester, Halifax and 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 The role would suit someone who is legally qualified and has extensive experience in cash management and payments.

This role will require a good understanding of the legal, regulatory and industry framework applicable to payments and deposits and strong experience with customer and/or business agreements.

Knowledge and experience will be required of a product suite which includes deposits and accounts (current, deposit, client money and other specialist accounts), liquidity solutions (eg pooling and sweeping), receivables and payments, open banking solutions and digital channels.

The role requires someone who delivers influential insight, engages proactively with senior stakeholders, provides business friendly legal advice and operates as a subject matter specialist.

The role may also include delegated line management responsibilities.

You should be confident in coaching colleagues and supporting them in embedding effective legal risk management.

Thinking strategically about the operation of the team and the way legal services are used and delivered is encouraged, including exploring legal tech solutions.

Why Lloyds Banking Group From building a truly sustainable business to creating a place where people love to work, we need colleagues who are up for the challenge of our bold ambitions.

We're excited to push boundaries, make change happen and grow with purpose together.

What you'll be doing Advise on the legal and regulatory aspects of cash management and payments solutions Advising on and drafting terms and conditions for new and existing payables, receivables, deposits/accounts, liquidity and digital products and services;
Advising on end to end customer journeys;
Identity and help mitigate legal risk;
Negotiation with customers in relation to tailored arrangements;
Supporting business partners with tender reviews and submissions;
Providing legal support for delivery of projects including innovation, product development, rectifications and legal and regulatory change;
Assist with the development of policy and procedures;
Collaborating with product, sales, relationship and delivery teams to develop and deliver new solutions or change initiatives;
Helping to shape and influence strategy in relation to relevant areas of legal, regulatory and industry change

• with specific reference to payment services;
  Working on supplier or other third party arrangements related to new or enhanced products;
  Build relationships with external stakeholders including trade associations and industry peers;
  Build and maintain positive relationships with external lawyers and internal stakeholders across legal function, the business and in other functions (eg Risk and Compliance) Identify knowledge gaps and deliver and organise training to team and business partners;
  Reflect on service delivery and look for continuous improvement opportunities.

What you'll need UK qualified lawyer with significant experience in financial services, specifically payments and transaction banking.

Deep understanding of Payment Services Regulations and Consumer Duty.

Knowledge of BCOBS, KYL/AML and ring fencing.

Experience dealing with customer and/or commercial contracts and related negotiations.

Ability to learn and adapt to new legal and technological developments.

Strong influencing and communication skills ideally with experience engaging regulators and industry bodies.

Proven track record of delivering legal advice in complex, cross-functional environments.

Experience collaborating with clients, business partners and internal teams to deliver solutions in a regulated environment.

Knowledge of digital assets/tokenised deposits would be an advantage.

A genuine interest in developing others and being part of a collaborative team.

Able to independently manage busy workload / competing priorities in fast paced environment.

About working for us Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our…