Legal Counsel, Commercial (Mid)

OpenPayd; Greater London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A financial services company is seeking a qualified lawyer with 4-7 years of PQE to provide legal support across various business areas. The ideal candidate will have strong experience in regulated financial services, knowledge of the payments industry, and skills in drafting and negotiating commercial contracts. The role involves managing legal risks, collaborating with different departments, and supporting company expansion. Strong English communication skills are essential for explaining legal concepts clearly to non-lawyers.

Qualifications

• Strong experience of providing legal support in a regulated financial services environment.
• Knowledge of the payments industry, including e-money and digital assets.
• Background in regulated industries such as financial services will be a plus.

Responsibilities

• Provide legal support across all areas of the business.
• Draft, review, and negotiate commercial contracts.
• Manage legal risks and offer practical guidance.

Skills

Provide general commercial legal support

Strong written and spoken English

Experience in drafting contracts

Knowledge of the payments industry

Education

Qualified lawyer

4-7 Years PQE

Job description

Overview

Who are we? OpenPayd is a universal financial infrastructure that powers the growth of the digital economy. By providing seamless, API-driven access to global financial services, OpenPayd enables businesses to move and manage money globally. The OpenPayd platform delivers a full suite of banking and payments services, including payment accounts, trading capabilities, international and domestic payments and Open Banking services - all accessible via a single API. With a growing network of global banking partners, OpenPayd is providing the robust banking infrastructure digital businesses need to thrive. Our Mission At OpenPayd, our mission is to power the growth of the digital economy. We believe that all businesses regardless of their scale or industry should be able to leverage the best payment and banking services. We believe in providing our services through a simple, flexible and scalable platform.

How will you add value to the OpenPayd journey?

• Provide general commercial legal support across all areas of the business
• Work closely with teams in the UK, EU and internationally to ensure legal consistency and compliance
• Support departments such as Sales, Customer Success, Compliance, Operations, Risk, Finance, Information Security, and Technology with legal advice
• Draft, review, and negotiate a variety of commercial contracts with clients, suppliers, and banking partners
• Manage periodic updates of client terms
• Management of trademarks portfolio
• Help manage legal risk across the business, offering practical and balanced guidance
• Collaborate with Compliance and Risk teams to support adherence to regulatory obligations
• Assist in shaping internal policies and processes to align with legal and business goals
• Offer clear, solution-focused advice that supports both business growth and clients’ needs
• Build strong working relationships across departments to support day-to-day legal operations
• Stay informed on relevant legal and regulatory developments impacting the business in all operating regions
• Supporting the wider legal team to provide efficient and effective legal support to the business
• Support geographic expansion projects

The ideal candidate will have the following :

• Qualified lawyer, candidates from both common law and civil law jurisdictions will be considered; 4-7 Years PQE (please note this is a guide only)
• Strong experience of providing legal support in a regulated financial services environment
• Knowledge of the payments industry, including e-money and digital assets
• Strong legal experience, gained either in private practice or in-house, ideally covering commercial and financial services matters
• Experience in drafting, reviewing, and negotiating a wide range of commercial contracts
• Strong written and spoken English, with the ability to explain legal concepts clearly to non-lawyers
• Background in or exposure to regulated industries such as financial services, payments, or e-money will be considered an advantage