Sr. Managing Counsel - Payments

Sr. Managing Counsel - Payments

Booking.com

Amsterdam, Netherlands

We are currently looking for a world-class legal professional to join the Booking.com Legal team as Sr Managing Counsel - Payments. The successful candidate will be accountable for practical, actionable legal advice to the Payments Track, including the Leadership Team on a range of business-critical programs, with deep commercial and product impact.

The successful candidate will have a chance to showcase their ability to interpret and understand the legal implications of payment solutions as a key contributor to Booking.com’s mission to create a global travel experience marketplace, and enable ‘The Connected Trip’.

The role will sit within the Booking.com Legal team, with the Payments Track as their main internal clients, and use their specialist Payments experience to champion Payments within the organisation, creating a critical impact in a key area for the business and the future of Booking.com.

A deep understanding of the following regulatory regimes and of how Payments firms and products are affected is required, including:

  • The key EU legal and regulatory frameworks (PSD2/SCA/MFA, AMLD, consumer law) that cover international money transfer, e-commerce, and online platforms;
  • Contract relationships and risk and technology (from a regulatory perspective);
  • Permanent establishment and associated structuring and/or tax risks;
  • Familiarity with the following financial service products and the Fin-Tech space:
    • Digital Wallets such as WeChat, ApplePay, AmazonPay etc.;
    • Card schemes (Amex, VISA, MC) and other virtual credit card products (VCC) such as those provided by WEX and/or eNett (Optal).
  • Experience identifying and liaising with local counsel around the globe, identifying suitable partners, commissioning work, challenging deliverables etc.;
  • Delivering all of the above directly and as part of a matrixed, cross-functional team.

Key Tasks:

  • Evaluating complex flows (funds, value, data, relationships) etc. against regulatory regimes;
  • Researching, reviewing, assessing and defining external (legal & regulatory) expectations for business products and operations in this area;
  • Partnering with the business to shape relevant policy & procedure including highlighting risk and opportunities related to the Product roadmap;
  • Defining contracts, addenda, payments related agreements etc.;
  • Scanning the regulatory horizon and alerting the business to relevant requirements, helping the business to map obligations and roadmap responses;
  • Providing insight into the necessary licensing/authorisations, exemptions, maintenance & oversight programs required to meet longer-term Payment objectives.

The ideal profile will demonstrate the ability to translate complex legal and regulatory concepts into accessible terminology, with a clear emphasis on practical, actionable legal advice, using a combination skills and experience, including:

  • Strong influencing skills, including the ability to collaborate and problem-solve in a data-driven, international business;
  • Understanding e-commerce and/or the OTA industry is ideal, including understanding evolving Products and how these fit into a dynamic organisation;
  • Should exercise good commercial judgment, be solutions-oriented and have a creative approach to problem-solving;
  • Must be comfortable with technology and have a strong interest in financial technology and regulatory compliance issues;
  • Payments regulatory experience, including engagement with applicable regulatory bodies;
  • Experience learning new areas of law and regulation in a variety of jurisdictions;
  • Experience developing approaches to legal challenges.

The ideal candidate will have a minimum of 10 years’ experience of the Payments/financial services space, and carry the following credentials:

  • A Law degree with relevant post-qualification experience in general commercial legal matters in a reputable law firm and/or as in-house lawyer for a multinational company, preferably in Payments/financial services, banking, financial technology and/or e-commerce sector;
  • Must be interested in significant contact with business clients on a daily basis with respect to transactional issues as well as other strategic issues;
  • Must have a strategic mindset and be able to effectively discuss and advise directly and without supervision executives regarding complex legal matters and challenging situations;
  • Experience of multi-jurisdictional business operations is vital, and of the challenge of aligning central and ‘local’ regulatory positions.

Apply Now

Don't forget to mention EuroLegalJobs when applying.

Share this Job

More Job Searches

Netherlands     Compliance and Regulatory Law     Corporate Law and M&A     Financial Services Law     In House Lawyer     Booking.com    

© EuroJobsites 2020

EuroJobsites is a registered company number: 4694396 VAT number: GB 880 9055 04

Registered address: EuroJobsites Ltd, Unit 8, Kingsmill Business Park, Kingston Upon Thames, London, KT1 3GZ, United Kingdom

Newsletter | Recruit | Advertise | Privacy | Contact Us

© EuroJobsites 2020

EuroJobsites is a registered company number: 4694396 VAT number: GB 880 9055 04

Registered address: EuroJobsites Ltd, Unit 8, Kingsmill Business Park, Kingston Upon Thames, London, KT1 3GZ, United Kingdom

This website uses cookies to make your experience better. Continued use of this website means you accept our cookie policy.  Accept Cookies