Senior Lawyer - Merchant Services - (12 months FTC)

Senior Lawyer - Merchant Services - (12 months FTC)

Employer: Lloyds Banking Group

Location: Cardiff, Cardiff, CF10 5PE

Pay: £114,606 to £134,830 per year

Contract Type: Contract

Hours: Full time

Closing Date: 23/07/2026

About this opportunity

We're looking for a Senior Lawyer to join the Banking Products team in Business and Commercial Banking and Corporate and Institutional Banking Legal on a 12 month FTC. This role will focus on legal support for merchant services solutions to small businesses, larger corporate customers, governmental bodies and local authorities.

The team provides legal and advice support for product development and innovation, negotiation of commercial contracts, legal and regulatory change projects, rectifications and remediations, industry change initiatives, customer onboarding, end to end customer journeys and the management of legal risk.

Responsibilities

• Operate as a specialist legal advisor in merchant services matters, providing legal input to support delivery of projects, innovation and product developments and rectifications.
• Negotiate with customers and suppliers in relation to customized agreements.
• Advise on and draft terms and conditions for contracts related to merchant services and associated services.
• Support legal, regulatory and change projects across Business and Commercial Banking and Corporate and Institutional Banking Legal and Legal & Secretariat.
• Proactively identify, report and call out legal and governance risks and recommend solutions.
• Advise on customer and colleague journey enhancements.
• Build and maintain a strong partner network to ensure understanding of business strategy and pipeline, aiding prioritization of team activity.
• Manage use of panel law firms and maintain strong relationships with external lawyers.
• Help run the team by monitoring service delivery, finding opportunities to improve the way we work and training the team and our business.
• Hold delegated line management responsibilities.

Qualifications

• Qualified as a solicitor in the UK (or equivalent qualification).
• Minimum 8 years of experience in commercial contracts and/or merchant services, payment services regulations and transaction banking services.
• Experience developing and coaching others.
• People oriented and adept at building strong collaborative relationships across Legal and Secretariat and the business to support delivery of strategy.
• Confident in using experience and insights to influence, advise and challenge business partners.
• Ability to identify, mitigate and control legal risk weaknesses.
• Capable of managing own workload priorities and supporting more junior colleagues to do the same.
• Stays on top of and shares regulatory, industry and legal change with the team and business.
• Demonstrates commitment to self development and the development of colleagues.
• Brings enthusiasm and curiosity to the role.

Benefits and Diversity

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, lifestyle adapted benefits such as discounted shopping, 30 days' holiday plus bank holidays, a range of wellbeing initiatives and generous parental leave policies. We also provide reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns.

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.

Apply Today

This role offers a competitive salary, benefits, and a hybrid working schedule with at least two days in the office. It is an excellent opportunity to influence strategy and manage legal risk within merchant services.