Cash Management Lawyer AVP

Join us as a Legal Counsel at Barclays. The Cash Management Legal team is responsible for all legal advice relating to the cash management business within Corporate Banking. The team supports a range of activities including implementing product development, regulatory change and supporting cash management transactions. We are seeking a junior lawyer with financial services experience to provide legal advice and support across a wide range of treasury and cash management products and services. The candidate will ideally have some knowledge of payment laws and payment systems and will partner with product, compliance, risk, and operations teams to deliver legally sound, compliant, and commercially practical solutions.

Key Responsibilities:

• Provide legal support for the development and delivery of cash management services
• Draft, review, and negotiate complex agreements including cash management agreements, service contracts, and related documentation.
• Advise on legal and regulatory risks associated with cash management operations across jurisdictions.
• Partner with internal stakeholders (product, risk, and compliance) to enable product innovation while ensuring legal compliance.

Essential Criteria:

• UK Qualified Lawyer or equivalent
• Ideally some knowledge of payment laws and systems, and cash management products. Exceptional candidates who do not have such experience but have a financial services background will also be considered.
• Financial Services background - either private practice or in-house.
• Contract negotiation and drafting skills.
• Ability to work to deadlines and manage high volume of work.
• Team player mindset who values and supports colleagues to seamlessly fit into a collaborative team.
• Willingness to take forward any type of matter that needs progressing with enthusiasm.

Other highly valued skills include:

• Pro-active and open-minded approach.
• Communication and influencing skills.

This fulltime, permanent role can be based in Birmingham, Glasgow or Manchester.

Purpose of the role

To ensure that the activities of the corporate banking division related to the role’s relevant product set are conducted in compliance with applicable laws, rules and regulations, and to help the bank manage legal and reputational risks associated with these activities. 

Accountabilities

• Development and implementation of best practice legal strategies related to the role’s relevant product set, to manage risk related to non-adherence to laws, rules and regulations.
• Subject matter legal advice and support to the Bank's corporate and investment banking divisions globally on a wide range of transactions and projects across trade and working capital finance, cash management, real estate finance, project finance, asset backed finance, lending and other corporate loan finance.
• Subject matter legal advice and support to the Bank’s businesses and infrastructure functions, including areas such as credit, compliance, risk, product management, tax, finance, fraud, transaction management, structuring and execution, litigation, commercial contract support, and operations, often in close collaboration with other legal teams across departments and jurisdictions.
• Subject matter support in the Legal department’s representation of the bank in legal proceedings related to the role’s relevant product set, such as litigation, arbitration, and regulatory investigations.
• Creation and/or review of legal documents for the relevant product set to ensure the bank’s adherence with applicable laws, rules and regulations. Maintaining and updating legal documentation related to the role’s related product set for the corporate banking division.
• Development and delivery of training programmes to educate employees on legal and regulatory requirements related to the role’s relevant product set.
• Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.