Head of Legal

Modulr; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A financial technology company in Greater London is seeking a Head of Legal with in-house experience to lead a dynamic legal team. The role involves negotiating contracts, ensuring regulatory compliance, and providing strategic legal advice aligned with business goals. The ideal candidate should possess strong stakeholder management skills and experience within the financial services sector. The position offers a competitive salary along with various employee benefits, including a flexible benefits scheme and generous holiday entitlement.

Benefits

Share Options Incentive Scheme

Company Bonus

Flexible benefits worth £1,000

Perkbox discounts

33 days holiday including bank holidays

Learning Opportunities

Company-wide events

Bike to work scheme

Qualifications

• In-house experience within payments or regulated financial services is preferred.
• Strong understanding of UK & EU financial regulations.

Responsibilities

• Negotiate and manage client and supplier contracts efficiently.
• Give strategic and regulatory advice aligned with business contexts.
• Develop and lead the legal function to ensure scalability.

Skills

Stakeholder management

Regulatory knowledge

Legal strategy alignment

Communication skills

Team management

Education

Qualified Lawyer

Job description

About us

At Modulr our vision is a world where all businesses are powered by embedded payments.

Modulr enables thousands of businesses from SMEs to Enterprise across the UK and Europe to efficiently pay‑in, collect and disburse funds instantly via a range of payment methods, accounts and card products.

We’ve created an industry‑leading platform with comprehensive online tools and API access to meet the demands of daily business payments. We are connected to an expanding network of accounting and payroll platforms including Sage, Xero, BrightPay and IRIS. Our payments expertise and extensive product capability also enables us to build tailored solutions to solve complex payment problems for hundreds of clients in a range of industries including Travel, Merchant Payments, Lending, Wage Advance and Investment & Wealth.

We are deeply integrated into the payment system in the UK – we are direct participants of Faster Payments and Bacs and hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in 11 currencies. We are principal issuing members of Visa and Mastercard across UK and Europe.

Our regulatory permissions and governance structure underpin our business. We are regulated and supervised as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank.

Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by the venture arms of payments giants PayPal and FIS as well as growth investors Blenheim Chalcot, General Atlantic, Frog Capital and Highland Europe.

Modulr now has over 450 employees spread globally across offices in London, Edinburgh, Amsterdam and Mumbai.

Modulr values

• Building the extraordinary and going that extra mile
• Owning the opportunity be passionate and proud of the time you invest
• Move at pace, reach your goals faster with us supporting you each step of the way
• Achieve it together working as a team and being a Modulite

The role

We’re looking for a Head of Legal who has in‑house experience. You will join a team of four, including three other Legal Counsels and a Paralegal, working alongside the wider legal team who are responsible for all legal matters affecting Modulr. This includes negotiating and agreeing client contracts dealing with a wide range of supplier contracts including key banking and regulator relationships but also in technology, employment, marketing and property. You will also deal with a wide range of issues and projects on which to give advice and contribute to, which provide a significant amount of diversity and variety to your day‑to‑day activities.

Within the legal team you will have a key role to play in ensuring that Modulr acts in accordance with its regulatory obligations, contracts with counterparties efficiently, and continues to grow while assessing and managing risk appropriately. The legal team is also responsible for continuing to build the legal function, making it scalable for the future, including the use of technology and tools, proper and adequate governance, templates and processes, ensuring that they’re implemented and embedded in the organisation.

Giving strategic and regulatory advice is also a requirement of the legal team. All legal advice and work is required to be given with particular regard to the commercial context, therefore the legal team works very closely with each business function.

Each member of the legal team shares responsibility for work across the business meaning that there is a wide variety of work with plenty of opportunity to focus on what particularly interests you. As Modulr continues to grow at significant pace there will be greater possibilities to get involved across the business on many projects, initiatives and geographies and you will have the opportunity to be a key influence on the wider business.

Specific duties

• You enjoy giving legal advice and applying your legal knowledge in a highly practical and commercial context.
• You have experience of setting a legal strategy aligned to business goals and priorities.
• You enjoy the technical challenge of working within a UK and EU regulated environment.
• You have strong and effective communication and inter‑personal skills.
• You’re highly adaptable and open to a varied role.
• You’re comfortable discussing the commercial and practical aspects of business decisions as well as purely legal.
• You’re confident, dynamic, and approachable in order for example to sometimes give initial steers and advice on the spot.
• You care about protecting the business whilst also supporting rapid growth.
• You are structured and organised, able to handle the competing pressures of immediate legal tasks and work alongside longer‑term projects.
• You are comfortable working in a high‑paced environment where time is critical and things change frequently.
• You enjoy management and development of people, being responsible for a team and delivering progress and change of the function.

About you

The successful Head of Legal will have a track‑record in delivering results in a fast‑moving business and hence be comfortable with change and ambiguity.

• Excellent stakeholder management experience with the ability to influence senior stakeholders and drive legal strategy as it is essential to being a success in this role.
• Experience in managing a legal team with a broad mandate.
• Record of accomplishment in a similar role, eager to push and contribute to a scaling business.
• An optimistic outlook, can‑do attitude and open personality that likes to have fun at work as well as getting the job done.
• Desire to work in the world of FinTech and be excited to being part of a fast‑scaling business.
• In‑house experience (within the payments industry or other regulated financial services would be preferred).
• Strong understanding of UK & EU financial regulations.

What can Modulr offer you

• Share Options Incentive Scheme
• Company Bonus – the more successful we are together the more company bonus we offer
• Flexible benefits – £1,000 to spend on a variety of benefits for you to choose from which suit your lifestyle and needs
• Perkbox – enjoy freebies and discounts on many other products and services
• 33 days holiday (including bank holidays) and your birthday off – choose which days you take off to relax and/or spend time with loved ones
• Learning Opportunities – on joining Modulr you will embark on our 3‑day onboarding programme called ModStart to be equipped with the Modulr know‑how and arm you with the tools you need to be successful from day 1! But we don’t want your learning to stop there so we will continue to provide you with the tools and capabilities through our learning channels, platforms and Buddy allocation to allow you to grow and develop in Modulr.
• Modulr All‑shots – join your colleagues for our company‑wide events throughout the year
• Great workspace – Modulr thrives on innovation which is best done through in‑person collaboration. This approach enables us to work together closely, exchange ideas and create innovative solutions that drive our success. We have state‑of‑the‑art offices located in WeWork in Edinburgh, ScaleSpace in London and WeWork in Amsterdam.
• Bike to work scheme

ModInclusion

We believe that by seeing Modulr and the world from all sorts of angles we can make life better for all. We want you to know that the things that make you you – like your identity, age, ability and background – are things that we will always celebrate and support with open arms. As such we are keen to maximise the diversity of our workforce and actively encourage applications from anyone and everyone.

By submitting your CV you understand that we have a legitimate interest to use your personal data for the purposes of assessing your eligibility for this role. This means that we may use your personal data to contact you to discuss your CV or arrange an interview or transfer your CV to the hiring manager(s) of the role you have applied for. You can ask us at any time to remove your CV from our database by emailing but please note that this means we will no longer consider you for the role you have applied for.

Required Experience

Director

Key Skills

Marketing & Promotions, Attorney At Law, Jni, Airlines, Art

Employment Type

Full Time

Experience

years

Vacancy

1