Sr Legal Counsel - Global Liquidity and Cash Management

We are seeking a Senior Legal Counsel to join our Global Payments Solutions (GPS) team in New York.

As a Senior Legal Counsel – GPS, you will provide legal advice to GPS Product, Sales and Operations across U.S. payment services, including ACH, wires, real-time payments, checks, lockbox, remote deposit capture, image cash letter, controlled disbursements, and global disbursements.

Your responsibilities will include:

• Providing legal advice on cash management, payables and receivables, including drafting, reviewing and negotiating client documentation and product terms
• Advising on liquidity and deposit products/structures, including cash concentration/ZBA, operational deposit accounts, interest and earnings structures, and liquidity investment solutions
• Supporting cross-border cash management mandates, including structures such as virtual accounts and cross-border sweeping
• Providing legal support for commercial card products and associated network/issuer/vendor arrangements
• Advising on legal and regulatory issues for new product development and strategic initiatives, such as tokenized deposits, programmable payments concepts, and digital-asset adjacent arrangements
• Contributing to governance and control processes, including new product approvals, third-party risk, regulatory change assessments, and risk acceptances

To succeed in this role, you will need:

• A Juris Doctor with active bar admission (New York, Illinois, or Washington D.C, preferred; other U.S. jurisdictions considered for the right candidate)
• Post-qualification experience advising on payments, transaction banking, or cash management matters, gained at a major financial institution and/or top-tier law firm
• Strong working knowledge of U.S. payments legal frameworks and industry rules relevant to the role (e.g., UCC 4A, NACHA, and other applicable rail/system rules)
• Demonstrated ability to draft and negotiate complex commercial arrangements directly with sophisticated counterparties
• Ability to translate regulatory complexity into clear, commercially practical advice, delivered at pace
• Excellent communication and influencing skills with the gravitas to advise senior stakeholders

As an HSBC employee, you will have access to tailored professional development opportunities, a competitive pay and benefits package, and a robust Wellness Hub, all in a welcoming and inclusive work environment.