Legal consultant (4+ PQE) - Payments - London

The role

A&O Shearman is seeking a Legal Consultant (4+ PQE) with expertise in Fintech, specifically within payments law and regulation. This role is based in London and is for experienced lawyers looking for flexible and varied legal consulting opportunities.

What you'll do

• Provide support and advice to Open Banking and Open API at a global technology company in the payments industry, including handling product development, commercial contracting with customers, suppliers and partners and general legal support matters for the business on a day-to-day basis, identifying and analysing relevant issues and helping the business effectively navigate legal and regulatory risks and implement appropriate controls, policies and processes
• Support the UK & EU credit legal team of a financial technology company on geo-expansion activities, rolling out ‘buy now, pay later’ products in new markets, further developing revolving consumer credit products, supporting existing and launching new merchant financing activities in the UK and European markets and adjusting existing products based on changing legislation
• Work closely with retail, commercial and corporate banking teams in the UK and across the EU on payments law and regulation with a focus on payments, regulatory change and digital innovation and providing support on matters related to payment architecture change, including industry initiatives such as Open Banking, Confirmation of Payee and New Payments Architecture
• Work within a multi-jurisdictional Money Services Business, delivering strategic commercial agreements with partners (including banks and payment processors) and providing legal advice and support for global projects, as well as advising on payment services and related regulatory issues including the support of cross border expansion initiatives and supporting and advising the government relations and compliance teams on regulatory engagement matters

What we're looking for

Benefits