Senior Legal Counsel

Job Description

Who we are:

At TrueLayer, we’re creating a payments network that better connects banks, businesses and everybody. And we’re going big. We’re taking on cards with a payment method that’s actually designed for the online, on-demand world we live in. Removing friction from the most crucial part of commerce: the payment.

To date, we’ve raised $270 million from world-renowned investors including Stripe, Tiger Global, Addition and Tencent. We’ve got offices in London, Milan and Dublin. And we’re trusted by industry leaders like Revolut, Coinbase and Nutmeg… though we’re not stopping here.

We’re on a mission to change the way the world pays, invests, shops and saves. To transform how people approach payments. To build a brand that redefines an entire industry — and we’d like your help to get us there. So what do you say?

Description

TrueLayer’s Legal team does two things:

• we support and enable fast commercial and corporate growth and new product development;
• We manage the risks and overcome the challenges that are inherent in building a market-leading global fintech at pace.

We’re looking for a Senior Legal Counsel to join our team and be the go-to advisor for the business on legal and regulatory issues relating to TrueLayer’s products with a proven experience in both Payments and eCommerce.

This role will report to the Head of Legal and will be instrumental in shaping the ongoing strategy of the legal team.

You will help the team to evolve as the business scales, harnessing legal technology and developing and maintaining self-service materials and tools for the business. You’ll have an important role in creating a high-performance culture where great talent can thrive.

What we expect from you as a Senior Legal Counsel:

• You will advise the business holistically on all legal and regulatory issues relating to the design, build, launch and commercialisation of TrueLayer’s products;
• You will draft customer facing terms and conditions to align with new products, services, and to reflect regulatory change;
• You will share our passion for exceptional customer journeys and user experiences, and work with the product team to deliver best-in-class products that challenge the status quo in payments;
• You will continually assess regulatory changes and offer insights that may present opportunities for product development in new industries or new markets;
• You will liaise with external counsel where necessary, and distil and coordinate advice for senior management and non-legal audiences in a concise and coherent manner;
• You will provide business training and thought leadership on key legal topics that relate to your work.

Who you are:

• Qualified solicitor in the UK or EU with 5+ years of PQE gained through a leading law firm or in-house fintech role. Experience in-house is helpful but not mandatory.
• Experienced in UK & EU payment regulations, including knowledge of frameworks such as the Payment Services Directive, Electronic Money Directive and Anti-Money Laundering and Terrorist Financing regulations.
• Experience supporting eCommerce business on matters such as licensing, consumer requirements and product related legislation is key for success in this role.
• Results-oriented: you demonstrate initiative, you understand the bigger picture, you focus on outcomes and get stuff done, you work on what matters and delegate or automate the rest;
• Risk aware: you are highly competent at taking risk-based decisions, you focus on our customers and our reputation not just the rules and regulations, you are comfortable working in grey areas and you have strong ethics to lean on during those times;
• Agile: you don’t stay in your lane, you love working on new things and stepping out of your comfort zone, you can flex your style to suit the situation;
• Team First: you lead by example, you are humble about your role in the business, you take pride from seeing the company move forward quickly and safely;
• Ambitious: you are passionate about working in early-stage/fast-growth teams and maintaining a healthy culture through that growth, you take responsibility for your own professional development and continuous learning;
• Caring: you build trusting relationships with colleagues, you create an environment where people challenge each other safely, you give frequent, timely, specific and actionable feedback;
• Accountable: you are a confident decision-maker, you take responsibility, you establish clear escalation routes within your team, you don’t hide behind legal jargon;
• Trusted: you build trust by demonstrating the highest standards of performance, you show meticulous attention to detail, sound judgement, and strong subject matter expertise in legal and regulatory issues.

Don’t meet all the requirements?

Multiple studies have shown that women and people of underrepresented groups are sometimes less likely to apply to jobs unless they meet every single requirement. At Truelayer, we are committed to building a diverse workforce, so if you are excited about this role and have the essential skills, but not the entire checklist - we’d still love to hear from you!

Benefits

What you can expect from us:

• Meaningful equity in the company 💰
• Flexible hours and hybrid working - we offer a hybrid approach to work of 3 days per week remote working 🏡 and 2 days per week in our new offices in London 🇬🇧 Milan 🇮🇹 and Dublin 🇮🇪
• Need to collect the kids from childcare? Love a workout in the gym first thing? No worries, we trust you to do your best work within our hybrid framework 🧘
• A one-off remote-working budget to help you set up your home office 💺
• 24 days holiday as standard ✈️ with flexible bank holidays, so you can take those days whenever you like 🌍
• 12 fully-paid wellbeing days a year and your birthday off (on top of the holiday allowance) 🕊️
• 2 volunteering days to support causes important to you
• 90 day ‘work from abroad’ policy 👩‍💻☀️
• Generous parental leave, above and beyond statutory requirements and with no minimum tenure 👪
• Competitive pension contribution at 4% & 4% 🧓
• Private health insurance from the day you start 🧑‍⚕️
• Membership of mental wellbeing platform Spill and premium Calm subscription
• A £1000 budget to spend on learning & development each year 📚
• Free lunch from Just Eat 🥙 (If you choose to work from the office on Tuesdays and Wednesdays)

At TrueLayer, we don’t just do inclusion and diversity. We embrace people that have different opinions, perspectives and personalities. Because we believe that by seeing the world from all sorts of angles, we can make life better for all the people who live in it. We strongly encourage applications from underrepresented groups (e.g. people of colour, the LGBTQ+ community, people with disabilities, neurodivergent people, parents, carers, and people from all socio-economic backgrounds). If you’d like to discuss alternative working patterns, please let us know.

We will always aim to make appropriate adjustments to ensure we are fully inclusive to people with different needs during our interview process. So if you need us to make any adjustments to suit your individual needs please let us know - we’ll be happy to support you.