TLT LLP
Managing Associate- Payments
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Managing Associate or Legal Director - Digital, Data and Commercial (DDaC)
We are recruiting for a Managing Associate or Legal Director to join our Digital, Data and Commercial (DDaC) team in Manchester, Bristol, Birmingham, Edinburgh or Glasgow, on a hybrid basis.
This role sits within the Payments team, part of our wider DDaC team. The team advises banks, payment service providers, fintechs, retailers, and technology businesses on the commercial arrangements that underpin payment products and payment services.
Our work includes:
- Payment processing arrangements
- Merchant acquiring and card issuing agreements
- Payment scheme arrangements
- Open Banking propositions
- Strategic partnerships
- Outsourcing arrangements
- Wider technology and commercial contracts
The successful candidate will work on a broad range of commercial and strategic matters for clients operating across the payments sector, while also contributing to the continued growth and development of the practice.
Your Role
As a key member of the Payments team, you will:
- Advise clients on commercial arrangements across the payments sector.
- Draft, negotiate and manage a range of commercial agreements, including payment services agreements, outsourcing arrangements, technology contracts, framework agreements, and strategic partnership agreements.
- Support clients on payment-related projects, product launches, and commercial initiatives.
- Work as part of wider multi-disciplinary teams on technology, commercial, and financial services matters.
- Collaborate with colleagues across the Financial Services Regulatory, Technology, and Data teams where matters require specialist input.
- Build strong client relationships and act as a trusted adviser on day-to-day commercial matters.
- Supervise and support junior lawyers, contributing to their development and progression.
- Take an active role in business development activities, including tenders, pitches, client training, and relationship-building initiatives.
- Contribute to thought leadership and wider sector-focused projects.
- Support clients on-site where required, including opportunities for secondments.
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Your Skills and Experience
You will be:
- A qualified solicitor (SRA or Law Society registered), with at least six years' post-qualification experience gained within a commercial, technology, or financial services practice, or within a relevant in-house legal team.
- An experienced commercial lawyer with strong drafting, negotiation, and advisory skills.
- Familiar with advising clients operating in regulated sectors, particularly financial services, fintech, or payments.
- Interested in the way payment products and payment services are developed, delivered, and commercialised.
- Comfortable working alongside financial services regulatory specialists on matters involving both commercial and regulatory considerations.
- Able to provide pragmatic and commercially focused advice to clients.
- An effective communicator with strong organizational and stakeholder management skills.
- Experienced in supervising, mentoring, and developing junior lawyers.
- Interested in building client relationships and contributing to the development of the practice.
Previous experience advising on payments-related matters would be beneficial but is not essential. We would welcome applications from candidates with broader commercial, technology, or financial services experience who are interested in developing a payments specialism.
About TLT
Fast-paced, fast-growing, and forward-thinking, TLT is the law firm that helps clients stay one step ahead, and we do the same for our people.
With local, national, and international reach, we have over 1,800 people in offices across the UK and a network of partner firms across Europe, India, and the US. Over the last few years, TLT’s successful growth, delivery of high-quality work, and support for colleagues have been consistently recognized by The Times and at the Legal Business, The Lawyer, and British Legal Awards.
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Our ambition is to create opportunities for what comes next for our clients, recognized as their 1st tier adviser and being valued for our values. We do this in our unique way by creating social value and a dynamic environment where our people are curious, creative, and ambitious for their success.
In our open and collaborative culture, we encourage everyone to be their whole self, to have a voice, and to contribute to the success of TLT.
Our Benefits
We value our employees highly and we want you to feel valued. You’ll receive a competitive salary with an annual pay review. You will also have access to an extensive range of benefits via our flexible benefits scheme, including 25 days holiday (which will increase to 30 days based upon length of service) and private medical insurance.
At TLT, we have a progressive fully flexible working approach. We empower our people to work in a place and at a time that meets their needs, those of their clients, and of the wider team and firm. Part of this agile approach is a focus on hybrid working and supporting the work/life balance of our people. We’re happy to talk about how flexible working can work for you and this role.
TLT is committed to creating a diverse and inclusive working environment and encourages applications from all suitably qualified people, regardless of disability, race, gender identity, sexual orientation, or any other characteristics protected by the laws in the locations in which we operate.
We welcome applications from people with disabilities and are committed to providing reasonable adjustments, where necessary, to make interviews and jobs more accessible. Should you have any difficulty during the recruitment process, require any reasonable adjustments, or an application to Access to Work, please contact the recruitment team on Recruitment.Operations@TLT.com.
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