Senior Lawyer – Merchant Services – Banking Products Legal (12 months FTC)

Company: Lloyds Bank plc
Apply for the Senior Lawyer – Merchant Services – Banking Products Legal (12 months FTC)
Location: Old Down
Job Description:

Job Description Summary

End Date: Thursday 23 July 2026Salary Range: £114,606 – £134,830We support flexible working – click here for more information on flexible working optionsFlexible Working Options: Flexibility in when hours are worked, Hybrid Working, Job Share

Job Title

Senior Lawyer – Merchant Services – Banking Products Legal (12 months FTC)

Location

Bristol, Cardiff, Chester, Edinburgh, Halifax & Leeds

Hours & Working Pattern

Full‑timeHybrid work style: at least two days per week, or 40% of time, at an office site.

About this opportunity

The Banking Products Legal team plays a critical role in supporting the Bank’s strategy. This role focuses on legal support for merchant services solutions to small businesses, larger corporate customers, governmental bodies and local authorities. The work includes product development, commercial contract negotiation, regulatory change projects, rectifications, industry change initiatives, customer onboarding and legal risk management.

What you’ll be doing

  • Operate as a specialist legal advisor in merchant services matters, providing input to support delivery of projects, innovation and product developments and rectifications.
  • Negotiate with customers and suppliers related to customised agreements.
  • Advise on and draft terms and conditions for contracts relating to merchant services and associated services.
  • Support legal, regulatory and change projects across Business and Commercial Banking, Corporate and Institutional Banking, and Legal & Secretariat.
  • Proactively identify, report and address legal and governance risks, recommending solutions as needed.
  • Advise on customer and colleague journey enhancements.
  • Build and maintain a strong partner network to align business strategy and pipeline with team activity.
  • Manage use of panel law firms and nurture relationships with external lawyers.
  • Run the team by monitoring service delivery, improving working methods, and training the team and business.

What we’re looking for

  • Qualified as a solicitor in the UK (or equivalent).
  • Minimum 8 years of experience in commercial contracts and/or merchant services, payment services regulations and transaction banking services.
  • Experience in developing and coaching others.
  • People orientated, able to build strong collaborative relationships across Legal, Secretariat and business teams.
  • Confident in using experience and insights to influence, advise and challenge business partners.
  • Ability to identify, mitigate and control legal risk.
  • Strong workload management, supporting less senior colleagues.
  • Stays on top of and shares regulatory, industry and legal change with the team.
  • Commitment to self‑development and colleague development.
  • Enthusiasm and curiosity for the role.
  • Relevant transferable experience is welcome.

Benefits and Adjustments

  • Reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns.
  • Disability Confident Leader: guaranteed interviews for a fair and proportionate number of applicants with a disability, long‑term health or neurodivergent condition through the Disability Confident Scheme.
  • Generous pension contribution of up to 15%
  • Annual performance‑related bonus
  • Share schemes including free shares
  • Adaptable benefits such as discounted shopping, 30 days’ holiday plus bank holidays
  • Wellbeing initiatives and generous parental leave policies

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Posted: July 12th, 2026