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Commercial Legal Counsel

  • £90000 - £110000 per annum Benefits

Commercial Legal Counsel, London - aiming to be the most trusted payment services provider, making payments effortless; this is a tech-enabled and people-powered organisation in creating 'world-first' products, putting the customer at the forefront of the payments industry.

Employees here are innovators, status-quo shakers and solution creators. If you'd fit this model and have the required experience, look no further!

The Company:

They are among the UK's top 5 (turnover and size) payment providers handling over £12bn transactions every single year.

Over the last year (their parent company has been going since 2009), this business has evolved into a dynamic, product-led business creating their payments products. These are integrated card machines and a transaction monitoring app.

They have industry-leading customer feedback and a five start trust-pilot score - rare in this industry. They are on their next growth phase, to embark on another exciting shift towards a B2B2C model. Over the next year, the business will transform again, readying itself for global growth and product diversification.

The Role

Commercial Legal Counsel - London - You will be a key member of the Legal team, reporting directly to the General Counsel.

The team is looking for a smart, ambitious, driven Commercial Legal Counsel to assist with commercial contracts, governance and in-house policies.

You will need to hit the ground running from the start, so they are looking for self-starters who relish that kind of challenge and pace in helping the business.

You will be involved in legal, commercial and governance-related matters in all aspects and levels of the business, working closely with the Legal and Compliance team, the Procurement team and the wider organisation.


There will be a broad range of commercial contracts to negotiate.You will be reviewing and updating their commercial contracts and working with various Execs/internal stakeholders.Handling ongoing diligence of business partners and outsourcing arrangementsWork with the General Counsel and Execs on governance and ESG related matters.Work with the marketing team to ensure that copy meets the required legal and regulatory standards.Other legal aspects that may impact an in-house function, for example, matters surrounding commercial litigation, employment law and health and safety.Keeping abreast of legal developments within or outside of the business.

The Requirements:

The role requires strong experience in the commercial contracts, corporate governance and financial services space, gained in private practice from a top law firm, and ideally with some in-house or secondment experience.

You will be 4 years PQE (no upper limit)You will be either in private practice or in a relevant in-house role.Close attention to deal, commercial awareness and legal acumenConfidence and interpersonal skills when engaging with all levels of people within a business

What's on offer?

A competative salary between £90,000 - £110,000 PAe BenefitsHybrid working from home and the London officeA bright future in terms of progression prospects

This is an exciting and unique opportunity for a Legal Counsel to join a leading business in the payments /financial services industry.

Apply now or call Charlie Simpkin at JMC Legal Recruitment for more information.

In House Lawyer - Legal Operations

  • £90000 - £120000 per annum Negotiable Benefits

If you are looking to join a FinTech start-up with incredible prospects for the future, look no further. This organisation is a high-tech account-to-account payments company. Its mission is to make payments easy by leveraging open banking and innovative financial technology. They have just announced that one of the largest banks is creating a new payment platform, and this organisation is one of the three organisations that have been instructed. They require someone to come in from a Legal and Operations perspective to help them shape the future growth of the business, including in other jurisdictions such as the EU.

The Company:

They are a small business, snowballing. Nine months ago, there were 3 of them. They are now at around 20 people with plans to expand to 40 this year.

It aims to reduce trade frictions, make inefficient markets efficient, and speed up economic progress.

They are operating in an exciting space with limitless potential, and they are already growing at an incredible pace, but there's plenty left to do, and they need a great lawyer to help them achieve their goals.

You will find their approach refreshing and inspiring; their culture is based on valuing every staff member.

The Role: Legal & Operations:

The company has bases in London and Oxford, and you can be largely remote in this role with attendance to an HQ where required on an ad-hoc basis.

They are looking for an experienced Lawyer to lead its legal and compliance responsibilities. You should take ownership of your work and be proud of the company you are building.

This role is an exciting opportunity to see you become a key figure in a rapidly growing business. You will be working closely with both the CEO and the CTO, the two co-founders, managing the company and driving forward its expansion efforts.

Though this is a legal role, you should have a strong interest in business, technology and finance. You will have to balance between maturity in governance and processes and the practical considerations of a fast-growth scale up.
They work as a team, utilising collective experience and knowledge. Naturally, they will be supportive when required, but this does not slow down their decision-making agility.


Legal & Compliance: ad-hoc legal requirements, including/not limited to: data protection rules, privacy policies, employment contracts, shareholder agreements, business contracts, and engagement letters.International expansion: they will open offices elsewhere in the EU and soon further abroad outside the EU. You will lead and manage this evolution from a legal perspective, assuring we adhere to local legal and compliance requirements as a company, employer and regulated entity.Regulatory Requirements: they are regulated by the UK FCA as an Authorised Payment Institution. So, you will handle the various requirements, reporting and ongoing responsibilities here. On top of this, they are looking for enhanced regulatory approvals and licenses, both in the UK and abroad. You will lead the application processes.Projects, operations & public policy: you will help manage internal company projects and potentially complex integrations involving multiple stakeholders and processes with third parties. The organisation has different partnerships, such as distribution platform partnerships, underlying infrastructure partnerships, and key client partnerships. They want you to help manage these partnerships, assuring they are well looked after. The company is also involved in multiple trade and government-related bodies to develop open banking further (domestically and abroad) in which you would represent the company.


You will be an experienced Solicitor with two or more years of experience working within payments or banking from a legal perspective.Ideally, you will have qualified from a top tier law firm and have had experience with a start-up/scale-up business.You will have strong technical knowledge in the relevant areas of law.Outstanding communication skills.

Salary & Benefits

Competitive salary of 90-120k (there is some flexibility for the right people)Equity optionsPension and health insurance plansFlexible working: work from home or their London officeCompany retreats and strategic off-sites

All in all, this is an excellent opportunity to work for this growing start-up in the FinTech world either remotely or from their office in London or a mixture of the two.

Apply now or call Charlie Simpkin at JMC to arrange a confidential conversation.

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