Commercial Contract Specialist
17 hours ago
We are seeking an experienced Commercial Contract Specialist to join our Banking Products Legal team at Lloyds Banking Group.
The successful candidate will have a strong background in commercial contracts and a good understanding of the legal and regulatory framework applicable to payments and/or cash management products. They will be responsible for providing proactive, pragmatic, and solutions-focused advice and support for the Cash Management & Payments business.
The role requires the ability to build strong collaborative relationships and influence stakeholders to achieve business objectives. The ideal candidate will have experience of commercial contracts and knowledge of the legal and regulatory framework applicable to cash management products and commercial customers.
Key Responsibilities:
- 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;
- 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 deliver business strategy;
- Instruct and manage panel law firms and build and maintain positive relationships with external lawyers;
- 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.
About Working for Us:
Lloyds Banking Group is committed to creating an inclusive environment where everyone feels valued and supported. We offer a wide-ranging benefits package, including a generous pension contribution, annual performance-related bonus, share schemes, and wellbeing initiatives.
For this role, we estimate the salary to be £84,186 - £93,540, dependent on experience and location. If you are excited about becoming part of our team, please get in touch to learn more.
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