Legal Counsel, Regulatory

OpenPayd; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A financial technology firm in Greater London seeks a Regulatory Compliance Advisor. The ideal candidate will be a UK qualified solicitor with 2 to 6 years of experience, providing advisory support on regulatory matters, compliance, and delivering legal education. This role requires effective communication skills, the ability to handle complex legal concepts and positions on regulatory matters which are critical for the business. A hybrid work environment is offered.

Qualifications

• 2-6 years post-qualification experience (private practice or in-house).
• Ability to explain complicated legal concepts clearly to stakeholders.
• Comfortable with a hybrid working environment.

Responsibilities

• Advising on regulatory compliance matters.
• Preparing regulatory notifications and filings.
• Engaging with industry bodies as required.

Skills

UK qualified solicitor

Technical knowledge of UK and EEA payment services

Effective communication skills

Strong multitasking and organisational skills

Job description

Who are we? At OpenPayd, we are building a universal financial infrastructure to power the growth of the digital economy. Our rails-agnostic approach empowers any business to move and manage money globally - across both traditional rails and stablecoins — at scale, and in real time.The OpenPayd platform delivers a suite of banking and payments infrastructure : accounts in over 40 currencies, FX, on / off ramp, international and domestic payments, Open Banking services – all via a single API.A global network of licences alongside our best-in-class tech is why we're trusted by 800+ enterprise clients to process over €130 billion annually.

How will you add value to the OpenPayd journey?

• Acting as an advisor for regulatory matters impacting the OpenPayd business
• Advising on ongoing compliance with applicable, laws, regulations and guidance, including PSD2, EMD, MICA, outsourcing guidelines
• Horizon scanning to monitor changes to laws and regulations that may impact the OpenPayd business
• Engaging with industry bodies as required
• Preparing regulatory notifications and filings
• Delivering legal education for the business through bespoke training and raising awareness
• Supporting the wider legal team to provide efficient and effective legal support to the business
• Ad hoc legal and regulatory tasks.

The ideal candidate will have the following:

• UK qualified solicitor with 2-6 years post-qualification experience (gained either within private practice or in-house)
• Technical knowledge of UK and EEA payment services and e-money regulations
• Regulatory advice supporting company growth and delivery of strategic projects
• Knowledge of regulatory requirements relating to safeguarding, outsourcing, operational resilience, wind-down planning
• Advice on the regulatory perimeter
• Ability to explain complicated legal concepts in a way that is understandable to business stakeholders in both written and oral communications.
• Confident to manage own workload, coordinate with other members of the legal team, act independently, and seek out information required to deliver successful outcomes
• Effective communication skills and interpersonal skills
• Strong multitasking, prioritisation, and organisational skills
• Comfortable with a hybrid working environment
• Keen attention to detail