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Legal Counsel, Payments, UK

Posted 12 days ago

  • Clerkenwell, Greater London
  • Any
  • External
  • Expires In 3 months
About the role In the UK, Uber operates its payments infrastructure through a licensed electronic money institution, Uber Payments UK. As Counsel, Payments, UK, you will be the local Payments team's first point of contact to help them navigate the various UK financial regulatory laws applicable to them and build out the UK payment operations. The role is based in London, United Kingdom, but you will be part of the global Payments Legal team and will report to the Director Payments Legal EMEA & APAC. About the team The Payments Legal team partners with Uber s Payments, Risk & Identity team to provide counsel on Uber s payments infrastructure in the 70 global markets that Uber is active in. We #SeeTheForestAndTheTrees to provide the product and operations teams with the best possible advice to #BuildWithHeart in each market that Uber operates in. Your impact in the role Work closely with the Payments, Risk & Identity Team on payments and financial services legal matters for Uber and its entities in the United Kingdom Advise Uber s product and business teams on the development, launch, and maintenance of payments and financial service products for the Uber platform in the UK Negotiate commercial agreements with payment processors, banks, and payments-related support vendors Proactively monitor and advise the business on current and new financial services regulations and card scheme rules that could impact Uber s business model and growth Collaborate with a variety of internal stakeholders, including compliance, treasury, product, engineering, etc. on licenses and registrations for payments activities required by Uber Support Uber as it expands its global payments compliance infrastructure What you need to bring to the role A minimum of 5+ years experience with preference for mix of in- house and law firm background Knowledge of the laws, rules, and regulations that regulate payment systems and other types of financial transactions in the United Kingdom. Experience advising regulated payment entities and supporting payments compliance programs (ie. AML/CTF, sanctions, client due diligence) Understanding of legal principles applicable to payments and risk, including the payments ecosystem (e.g., the role of acquiring and issuing banks, card networks, payment processors, gateways, risk vendors, etc.), regulatory implications (e.g., stored value, financial regulatory and compliance obligations, international regulatory issues, etc.) and consumer protection laws Knowledge of major payment network rules and processes and experience dealing with major payment networks are a plus. Strong financial regulatory background Strong academic credentials and law degree from a top law school Possess excellent business judgment, communication and interpersonal skills Enthusiastic about Uber! We welcome people from all backgrounds who seek the opportunity to help build a future where everyone and everything can move independently. If you have the curiosity, passion, and collaborative spirit, work with us, and let s move the world forward, together. Offices continue to be central to collaboration and Uber s cultural identity. Unless formally approved to work fully remotely, Uber expects employees to spend at least half of their work time in their assigned office. For certain roles, such as those based at green-light hubs, employees are expected to be in-office for 100% of their time. Please speak with your recruiter to better understand in-office expectations for this role. Accommodations may be available based on religious and/or medical conditions, or as required by applicable law. To request an accommodation, please reach out to #####. #J-18808-Ljbffr
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