Lawyer - Cash Management & Payments (Banking Products - BCB & CIB Legal)

Do you want to be part of a supportive team working on core and innovative products and helping to find legal solutions to support the ambitious growth strategy of the Cash Management & Payments business?, As a qualified lawyer, you'll join the Banking Products Legal team. You'll use your experience to give proactive, pragmatic and solutions-focussed advice and support for the Cash Management & Payments business which provides banking products to businesses of all sizes, supporting across Business & Commercial Banking (BCB) and Corporate & Institutional Banking (CIB). The products and services we support include cash management solutions such as accounts/deposits, payment services, liquidity services (pooling and sweeping), digital innovations and the online/digital channels through which products and services are provided to clients.,

• Provide legal support for product and channel development and innovation, legal and regulatory change projects, rectifications and remediations, industry change initiatives, customer on-boarding and customer journeys;
• Negotiate; advise on non-standard positions (demonstrating sound commercial judgement) and draft for the same;
• Advise on the digitisation of products, services, and customer journeys;
• Advise on and draft terms and conditions for new services;
• Advise on and draft contracts for tailored products or bespoke terms for customers, based on market standard commercial contract principles;
• Assist with the development of policy and procedures;
• Proactively identify, report and support the management of legal and governance risks, recommending solutions when needed;
• Collaborate with team members and work cross-functionally to help delivery business strategy;
• Instruct and manage panel law firms and build and maintain positive relationships with external lawyers;
• Reflect on service delivery and look for continuous improvement activities;
• Stay on top of regulatory, industry and legal change;
• Build and maintain a strong stakeholder network to ensure there is a good understanding of business strategy and pipeline; and
• Identify knowledge gaps and deliver and coordinate training to team and business partners.
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.


• Qualified as a solicitor in the UK (or equivalent qualification) with significant PQE
• A good understanding of the legal and regulatory framework applicable to payments and / or commercial contracts experience
• An ability to build strong, collaborative relationships
• Confidence in using experience and insights to influence, inform and challenge
And any experience of these would be really useful
• Commercial contracts experience.
• Knowledge of the legal and regulatory framework applicable to cash management products and commercial customers (Payments Services Regulations, BCOBS, Consumer Duty) will be helpful to this role.
While not essential, the wide-ranging nature of the role should not discourage ideal candidates who possess transferable skills and a growth mindset!

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop. We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we're building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We're committed to creating a consciously inclusive workplace where our colleagues can be themselves, thrive and perform at their best. 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. As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability (which may include long-term health and neurodivergent conditions) where it is reasonable to do so. This could include flexibility with regards to office attendance, location, and working pattern. We are proud to be a Disability Confident Leader. If you have a disability, you can also apply via our Disability Confident Scheme (DCS). Through the DCS, we guarantee to interview a fair and proportionate number of applicants with a disability, whose application meets the minimum criteria for the advertised job role. We also provide adjustments that are reasonable throughout the recruitment process to reduce or remove barriers for applicants with a disability, long-term health condition or neurodivergent condition. If you'd like an adjustment to the recruitment process just let us know. We 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