Senior Legal Counsel (Fixed Term Contract) — LNE & E-Money
EML is a global leader in providing innovative payment solutions.
Our legal team provides compliance support and strategic legal advice across e‑money and LNE programmes.
Reporting to the Head of Legal, UK and Europe, you will provide expert support on complex contracts and regulatory matters in a fast‑paced fintech environment.
Position Title: Senior Legal Counsel (Fixed Term Contract) — LNE & E-Money
This range is provided by EML.
Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Key Responsibilities
Collaborate with commercial, product, compliance, risk, finance and operations teams to accelerate speed to revenue, support business growth, and deliver timely launches.
Support the structuring and launch of new business models, providing legal guidance on innovative product and partnership structures.
Draft, review, negotiate and close commercial agreements for e‑money and LNE programmes.
Update and standardise legacy agreements to current templates and regulatory expectations.
Lead legal workstreams to get the business ready to comply with new UK safeguarding rules for e‑money institutions.
Draft, negotiate and advise on intragroup outsourcing agreements, ensuring compliance with regulatory requirements and alignment with group policies.
Partner with Compliance on regulatory correspondence ensuring contracts and disclosures align with supervisory expectations.
Maintain and uplift legal templates, clause libraries, playbooks and fallback positions for payments programmes.
Qualifications
Qualified lawyer (England & Wales or Ireland preferred) with 7+ years PQE in commercial/technology or payments contracts; in‑house experience in a regulated environment desirable.
Experience with card issuing, payments, electronic money, KYB/AML, and regulator engagement (UK/EU).
Demonstrated expertise in LNE (Limited Network Exemption) and e‑money (EMI) regimes, including structuring, negotiating and updating contracts for LNE card programmes and e‑money products.
Strong working knowledge of UK Payment Services Regulations 2017, Electronic Money Regulations 2011 and PSD2 (EU) 2015/2366.
Experience with government procurement contracts and RFPs, including public sector frameworks, call‑off contracts and competitive tendering processes desirable.
Experience drafting and negotiating intragroup outsourcing agreements, with a strong understanding of regulatory expectations for outsourcing in financial services.
Experience supporting or advising on platform migrations is welcome.
Excellent research, analytical and organisational skills.
Ability to work independently and as part of a team.
High level of professionalism and confidentiality.
What's in it for You …
Recharge and Give Back: 25 days annual leave, 2 volunteering days, your birthday off – plus 5 extra 'Take5' days when you've used your core leave
Global Opportunities: Collaborate across Australia, the UK, North America and Europe – with secondment opportunities available.
Work Your Way: Hybrid working that fits your lifestyle and empowers smarter working.
Invest in You: We cover your professional memberships and offer a competitive pension scheme.
Wellbeing Matters: Private medical insurance, long‑term illness cover, and life assurance.
Perks & Rewards: Cycle2 Work, 24/7 Employee Assistance Programme, and exclusive discounts via Spectrum.
Life's Benefits Hub.
EEO Statement
EML Payments provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
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