Legal Counsel

Posted Yesterday
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London, Greater London, England, GBR
In-Office
Mid level
Payments • Software
The Role
Provide commercial and regulatory legal advice across payments and fintech matters, negotiate contracts, support data protection and IP, improve templates and governance, liaise with senior stakeholders and manage external law firms on litigation.
Summary Generated by Built In

Location: London 

Full-time  

In office 4 days/week 

  • Are you curious, excited by experimentation and always looking for a better way of doing things? 
  • Do you want to build deep expertise in the payments and fintech space, working across a genuinely varied legal remit that spans commercial contracts, regulatory, data protection and beyond? 

If so, we would love to hear from you!  

Who We Are 

Modulr is the payments automation platform that streamlines money movement with accuracy, control and reliability – built to scale. Processing over 200mn transactions and £180bn annually, Modulr is trusted by more than 6,000 businesses to automate payment and reconciliation workflows – removing manual work, lowering costs and reducing errors.  

Modulr provides a single platform for automating how money moves into and out of a business - including payroll, supplier payments, spend management and payment collection. With over a decade of experience as a regulated payments provider, Modulr delivers the reliability needed to run mission-critical finance operations at scale.  

Find out more about us on our website and careers site.  

What You’ll Do 

You'll join a close-knit and high-performing legal function in London, working across a wide variety of legal matters that keep pace with the growth of the business. Day-to-day this means: 

  •  Negotiating and advising on a wide range of commercial contracts, client agreements, supplier contracts, technology deals and key banking relationships 
  • Providing practical, commercially grounded regulatory and legal advice across multiple business functions 
  • Supporting the legal team's work on data protection, IP and emerging areas as needed 
  • Contributing to legal team projects improving templates, processes and governance as the function scales 
  • Working directly with senior stakeholders across the business, including at C-suite level  
  • Managing and working with external law firms on differing litigation matters 

Who You Are 

What you’ll need 

We're looking for someone who brings both strong legal skills and the right attitude for fast-paced in-house work: 

  • Solid commercial contracts experience with a financial services, payments, fintech or banking background 
  • Data protection experience (GDPR / UK GDPR) 
  • Comfortable with regulatory complexity - FCA-regulated environment experience is a strong plus 
  • Whether you're stepping in-house from private practice or moving from another in-house role, you'll need to demonstrate genuine commercial pragmatism and an appetite for breadth 
  • Calm under pressure, great with people, and genuinely excited about AI and technology 
  • Experience working cross-jurisdiction is advantageous  

 

What We Offer You 

  • Share Options – We offer a Company Share Option Plan (CSOP), giving you the opportunity to benefit from any increase in share value in the event of a sale, merger, or flotation. 
  • Bonus – Our annual discretionary bonus, paid in May for the previous year, is based on both company and individual performance. 
  • Flexible benefits - £1000 to spend on benefits to suit you, including private medical insurance, gym membership, dental etc.  
  • Wellbeing app – confidential, on-demand access to therapy, coaching, counselling, management training or mindfulness sessions with accredited professionals, with company-funded hours and top-up options available. 
  • Holidays - 33 days annual leave (including bank holidays) plus your birthday off. In the UK, Christmas Day, Boxing Day, and New Year’s Day are fixed holidays. You can choose the remaining days to suit your personal schedule. 
  • Learning opportunities - Our two-day onboarding program, ModStart, helps equip you for success. Learning doesn’t stop there; we’ll continue to support your development through various channels. 
  • Company-Wide Events - Participate in collaborative and engaging events with colleagues across the business. 
  • Bike to work / E-bike scheme 

ModInclusion 

At Modulr, we’re committed to building a diverse, equitable and inclusive culture where everyone feels they belong and can bring their whole self to work. We welcome applications from candidates of all backgrounds as we believe it’s the right thing for our people, our business, and the community we operate in. 

By submitting your CV, you consent to us using your personal data to assess your application, contact you, or share your CV with relevant hiring managers. You can request removal of your data at any time by emailing [email protected] - though this will withdraw you from consideration for the role. 

Skills Required

  • Commercial contracts experience in financial services, payments, fintech or banking
  • Data protection experience (GDPR / UK GDPR)
  • Comfortable with regulatory complexity; experience in an FCA-regulated environment
  • Demonstrable commercial pragmatism and appetite for breadth (in-house mentality)
  • Ability to work with senior stakeholders, including C-suite
  • Experience managing external law firms and litigation matters
  • Experience working cross-jurisdiction
  • Calm under pressure and strong interpersonal skills
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The Company
HQ: London
333 Employees
Year Founded: 2015

What We Do

Modulr has grown to become the leading provider of embedded payments to organisations across the UK and Europe. Embedded payments is a new category that permits payments to become part of organisations’ technology stack, upgrading them to become payments companies themselves. Modulr enables over 200 enterprise customers and thousands of SME customers to embed account creation, payment out, reconciliation of payment in, card issuing and many open banking and similar features into their own business process flows via API calls and webhooks into Modulr’s cloud platform. Core to Modulr’s success has been the platform itself, Modulr’s regulatory status as an EMI in the UK and Europe, its connections to payments and other financial service schemes, its ability to operate at scale, and its compliance rigour. Today Modulr handles over £100bn of annualised payment volume and its platform handles, on average, 30 API calls per second

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