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Senior Counsel (Regulatory)

United Kingdom, London · Job Posted July 03, 2026
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Job Description

Vocalink Limited is looking for a Senior Counsel (Regulatory) who will report to Vocalink’s Senior Managing Counsel and Mastercard’s Assistant General Counsel, Regulatory. Vocalink is part of Mastercard’s RTP and Network Products business unit which is responsible for designing, building and operating industry-leading bank account-based payment systems and card based infrastructure. Our RTP technology powers payment solutions which underpin many economies, including the UK’s Faster Payments, Bacs and LINK ATM systems. Since it provides systemically important services to two Recognised Payment System Operators, Vocalink is supervised by the Bank of England as a Specified Service Provider and is subject to oversight by the Payment System Regulator (PSR) (soon to be Financial Conduct Authority).

Job Responsibility

  • Providing clear, business-focused advice on all applicable regulatory requirements, in line with the regulatory strategy, including in particular Bank of England Codes of Practice and Supervisory Statements, PSR regulations, and other laws/regulation applicable to Vocalink, its product, and its services
  • Monitoring and tracking regulatory developments relevant to Vocalink Limited and communicating these to internal stakeholders at all levels of senior management
  • Assessing the impact of regulatory developments on Vocalink, working with internal stakeholders to develop positioning, and drafting relevant consultation responses
  • Preparing concise written updates, training, and presentations on regulatory developments and their implications for Vocalink
  • In partnership with Compliance, supporting regulatory engagement, including the preparation of submissions, briefing materials, and related communications
  • In partnership with the wider regulatory team and other stakeholders, leading Vocalink’s engagement with the PSR/FCA
  • Representing Vocalink’s Legal team at governance forums, such as Vocalink’s Operational Resilience Form, Operating Committee, Executive Committee, Board, and their subcommittees
  • Managing external counsel on relevant regulatory matters
  • Being a key stakeholder and contributor to Vocalink’s overall regulatory and policy strategy
  • Providing regulatory support to the broader RTP and Network Products division where needed

Requirements

  • Qualified lawyer with mid-level experience, ideally including experience working in-house within a retail bank, regulated payments business, or central bank/relevant regulator
  • A strong understanding of Bank of England Financial Market Infrastructures and PSR regulations
  • Solid understanding of relevant UK payments regulation and the broader regulatory and policy landscape
  • Demonstrate the ability to influence internal stakeholders, regulators and policy makers
  • Excellent written and verbal communication skills, combined with an ability to communicate complex regulatory issues clearly and concisely business
  • Must demonstrate a proactive, time sensitive, results driven approach in carrying out all duties, obligations and responsibilities
  • Experience of operating within a multi-faceted organisation working closely with a variety of teams – compliance, legal, government affairs, product, etc
  • Self-starter / motivated to work independently and as an effective team member
  • A strong commercial awareness, risk-based approach and “yes, if” attitude to providing regulatory advice
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