Job Title: Regulatory Legal Counsel - Outpayce
Location: Madrid
Time Type: Full time
Posted On: Posted Yesterday
End Date: December 1, 2024 (3 days left to apply)
Job Requisition ID: R23360
SummaryIn this role as Regulatory Legal Counsel, you will work for the Payments legal team. As a Lawyer, you are responsible for providing legal advice and support to Outpayce, a fully owned subsidiary of Amadeus.
Your Main ResponsibilitiesProvide legal advice and support in negotiating agreements with suppliers, mainly affecting the regulated business/infrastructure.Assist lawyers and contract managers in drafting and negotiating payment agreements, particularly in connection with applicable payment regulations.Support the coordination to implement the contractual governance applicable for the regulated business.Engage external law firms to assess regulations on marketing financial products in B2B Wallet.Provide ongoing advice and training on regulatory matters and B2B Wallet geographical expansion to the Outpayce and Amadeus teams.Implement regulatory advice and establish regulatory guidelines in internal tools, including the B2B Wallet Heatmap, to ensure regulatory compliance.Coordinate with other teams on legal assessment processes and related questions.Stay updated on developments and changes in law, practice, and regulatory framework affecting the payments sector.Identify risk issues within Amadeus/Outpayce and escalate as required.Collaborate and advise on the design and conception of new business models and products, considering regulatory implications.Prepare and maintain template documents and establish procedures relating to payments regulations.Provide support and training to business and legal teams on payment matters, contracts, and regulations.Supervise and coach junior lawyers in the broader PAY Legal Team.
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