Location: London; 2–3 days/week in office
Salary: £120,000–£130,000 base
Role Overview
A payments service provider is hiring its first dedicated Product Regulatory Lawyer to build and embed product governance as the business scales its issuing proposition. This is a hands‑on, autonomous role working closely with product teams to support the design, approval and launch of issuing‑side payment products. The hire must be comfortable owning product legal work end‑to‑end in a lean legal function.
Key Responsibilities
- Build and run product approval and product governance processes
- Develop product matrices, legal frameworks and approval workflows
- Draft and maintain product‑level terms & conditions and supporting documentation
- Advise product teams on payments regulatory requirements across issuing and card products
- Support expansion into issuing and potential licensing activities
- Act as a commercially pragmatic legal partner to product, risk and compliance
- Manage/oversee paralegal support (contract‑focused) and coordinate with external advisors
Ideal Candidate Profile
- 5–8 PQE (flexible), ambitious and comfortable operating autonomously
- Strong payments product experience on the issuing side (essential)
- Ideal backgrounds: Monzo, Revolut, Barclaycard, similar issuers
- Merchant / issuer experience preferred over large traditional banks
- Hands‑on product lawyer who also understands regulatory impacts
- Not a pure regulatory specialist; must enjoy product‑facing work
- Solid card payments experience highly advantageous
- Used to working closely with product managers and engineers
- Comfortable building frameworks from scratch in a fast‑growing business
- Commercial, pragmatic, able to balance speed with regulatory rigour
- B2B payments-only backgrounds (e.g. Airwallex‑type profiles) likely to be less suitable
Please contact: gbalasubrama@mlaglobal.com for further details on this.