Regulatory Legal Counsel

Taptap Send group; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

Taptap Send group is seeking a Regulatory Legal Counsel in London to support its mission of enabling cross-border fintech solutions. You'll be responsible for regulatory compliance and legal guidance on new products, collaborating directly with cross-functional teams to ensure legal alignment in a fast-paced startup environment.

Qualifications

• 3-5 years of practicing experience in payments.
• Experience in a law firm and in-house, preferably in fintech.
• Ability to navigate regulatory frameworks of financial products.

Responsibilities

• Develop and maintain regulatory compliance framework.
• Lead legal aspects of new product launches.
• Work with cross-functional teams on regulatory challenges.
• Identify risks and develop actionable solutions.

Skills

Regulatory frameworks understanding

Communication skills

Legal compliance

Problem-solving

Relationship building

Education

Qualified UK lawyer

Job description

Our Mission
Reduce inequity by helping immigrants move money home, and become the leading cross-border fintech for emerging markets.

The Team
-> Founded by Harvard grads / 3rd-time founders --- also founded Segovia (successful exit) and GiveDirectly (>300M revenue, fastest-growing NGO).
-> Top performers from top and varied organizations (e.g., Bain, Bolt, Google, McKinsey, SafeBoda, Uber, Zipline) --- we like moving fast, and we hire people that do as well.
-> Driven by mission, guided by values (see below) – in deed, not just word.
-> Team as global as the mission, >30 languages from 25 countries (i.e., if you’re interested in learning to make Chicken Moambe, we’re the place).

About Us
Taptap Send is backed by top VCs (Spark, Canaan, Reid Hoffman, Breyer Capital, etc.), rapidly growing and a great place for those looking for both impact and a fast-paced tech startup environment. Read more about the journey in Reid Hoffman’s words or TechCrunch article

Launched in 2019, Taptap is tapping into a transformative shift in global finance: from banks to phones. While this has affected wealthier countries as well, it has been nothing short of a revolution for the emerging markets where the overwhelming majority of population had been unable to access digital finance previously. Taptap Send allows immigrants to send money home instantly and with no fee*, saving money in the process. With a formal market size of >700B alone, we’ve got a lot more saving to do for our users. Our mission is to reduce inequity by helping immigrants move money home, and become the leading cross-border fintech for emerging markets. And that’s just the beginning...

*We charge fees for transfers on fixed exchange rate corridors (e.g., XOF, XAF).

Our Investors
Spark Capital, Canaan, Reid Hoffman, Breyer Capital (Jim Breyer), Unbound (Shravin Mittal), Wamda (Fadi Ghandour), Firstminute Capital, Slow Ventures (Sam Lessin), Helios Partners (Souleymane Ba), Crossbeam Ventures (Ali Hamed), Nikesh Arora, Samih Toukan, and many other context-specific angels

Role

You’ll join our legal team of 8 lawyers as Regulatory Legal Counsel (UK & EU) reporting to the Regulatory Lead and play a key role in work as varied as new product launches, expansion into new markets and ongoing regulatory compliance.

You’ll work closely with all business functions and be an expert at communicating legal issues to non-lawyers and balancing business and legal perspectives. You’re a self-starter who is comfortable stepping out of your comfort zone to drive business growth.

Responsibilities

• Advise on, develop and maintain Taptap Send’s regulatory compliance framework in the UK and EU

• Lead on the legal and regulatory aspects of new product launches and expansion into new markets (including licensing applications if needed)

• Work cross-functionally with the product, compliance, finance and infosec teams to tackle day to day complex regulatory challenges and ensure ongoing regulatory compliance

• Collaborate with and support the rest of the legal team to evaluate and communicate risks and develop creative solutions to bridge business priorities in a changing regulatory landscape

• Proactively identify risks and collaborate with internal and external stakeholders to develop actionable solutions with respect to regulatory or licensing matters

• Lead or assist with engagement with regulators

Requirements

• You are a UK qualified lawyer with ~3-5 years of practising experience in payments

• You worked in a law firm and in house, gaining relevant fintech experience (ideally in a start-up / scale-up)

• You understand and can navigate the regulatory frameworks governing financial products and services

• You have a strong sense of initiative, independence and ability to take ownership enabling you to contribute to a fast-growing business

Also you are

• Outgoing - you love speaking to people and enjoy building meaningful relationships

• Execution Oriented - we have an ‘impact first’ philosophy and a lot to get done. You should be able to take an idea to implementation

• Mission Oriented - you are passionate about working for a net positive organisation / tech for good

• Organised - you have a system for how you approach your work that can keep you on track in a scrappy startup environment

• Driven - you thrive in a fast-paced, target oriented company

Taptap Values

Impact first

Team next

Accept reality

Propose solutions

Win with grit

Be proactively candid, with yourself and others

Love the particular

Own it

Create positive energy

Maybe, even have fun

Taptap Send is an equal opportunity employer dedicated to building an inclusive and diverse workforce. All employment decisions are decided on the basis of qualifications, experience and business need. We strongly encourage applications who are members of underrepresented communities to apply.

If you require reasonable adjustments to be made during the recruitment process, please do not hesitate to let us know. Any information you provide us in this respect will only be used to accommodate your requirements.

Note: we recognize imposter syndrome is real - any candidate that does not perfectly fit every characteristic of this role is still strongly encouraged to apply.