Legal Counsel, Commercial (Mid)

Reposted 18 Days Ago
Be an Early Applicant
London, England
Hybrid
Mid level
Fintech • Payments • Software • Financial Services
The Role
The Legal Counsel will provide commercial legal support, draft and negotiate contracts, manage legal risks, and ensure compliance across various departments and regions.
Summary Generated by Built In
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


We’d like you to take a read of our Talent Acquisition Privacy Notice which explains how we collect and process your personal data. Please read our notice carefully. By submitting the application button, we will consider that you aware of it.

We are looking forward to receiving your CV.

OpenPayd Talent Team

To all recruitment agencies: OpenPayd does not accept speculative agency resumes. Please do not forward resumes to our jobs alias, OpenPayd employees or any other company location. OpenPayd is not responsible for any fees related to unsolicited resumes. OpenPayd will only accept CV's from the partners with relevant agreement via the People and Talent team only.

#LI-DNI

Top Skills

Commercial Contracts
Financial Services
Legal Compliance
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The Company
HQ: London
153 Employees
Year Founded: 2015

What We Do

Embedded Finance for the digital economy

OpenPayd is a leading global payments and banking-as-a-service platform that provides a range of banking and payment services to both financial and non-financial institutions.

Our services are underpinned by a global network of licences and are accessible through a single API. These include IBANs, open banking, e-money accounts, FX conversion, local and international payments, card processing and debit cards.

We believe that all businesses - irrespective of their size or industry - should be able to access the best payment and banking services. We provide all of our services through a simple, flexible and scalable platform.

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