At a Glance
- Tasks: Join our legal team to draft, review, and negotiate commercial agreements in the payments sector.
- Company: Planet is a leading tech company revolutionizing payments with a focus on customer experience.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development in a fast-paced industry.
- Why this job: Be part of a high-growth company where your legal expertise can drive innovation and impact.
- Qualifications: 6+ years of legal experience in payments or financial services; strong analytical and communication skills required.
- Other info: Fluency in English is essential; German is a plus. Join us and make a difference!
The predicted salary is between 72000 - 108000 £ per year.
About Us:
Planet is a leading technology company transforming payments by putting customer experience first. We offer integrated solutions that include payment processing, VAT refunds, dynamic currency conversion, and management services for merchants in the Retail and Hospitality sectors worldwide.
In recent years, we have experienced significant growth, expanding our services and global presence.
With strong private equity investors, Advent International and Eurazeo, we have the financial capital and expertise to grow our capabilities and reach through acquisitions.
Our mission is to create a world of connected commerce where payments are simple, secure, and seamless, enabling our partners to deliver exceptional experiences to their customers.
Role overview:
Planet is seeking, on a fixed term basis, an experienced, legal counsel with a strong background across a range of commercial and regulatory legal matters within digital payments, FinTech and/or financial services sectors. Reporting directly to our VP Legal, who leads the Legal Team, the successful candidate will join a team of lawyers and risk and compliance professionals by providing practical, solutions–orientated advice to deliver on Planet’s strategic, business, and financial goals whilst meeting its regulatory, statutory, and legislative obligations.
Background
We are seeking a highly motivated and detail-oriented individual to join our growing legal team. Planet is a PE-backed, high-growth business which is expanding organically, geographically and by acquisition. This is an excellent opportunity to leverage your payments expertise on commercial and regulatory matters across multiple jurisdictions, develop leadership skills, and play a key role in Planet’s rapid growth.
What you will do
- Draft, review and negotiate a variety of commercial agreements including those involving the provision of acquiring, gateway, terminal and other value-added payment and integrated software services
- Review and support responses to business proposals/ tenders/ RFPs
- Resolve legal issues and contract interpretation matters that arise during negotiations and during the customer lifecycle with a focus on balanced, win-win solutions
- Produce and/or maintain various standard agreements. Develop playbooks and standard contractual provisions to further and enhance the speed, efficiency, and effectiveness of commercial agreements
- Analyse and advise on regulatory matters that relate and/or arise out of the payment and software products and services offered by Planet such as PSD2+, payment services regulations in UK, France and broader EEA, AML/CT regulations, GDPR, retail financial services, card scheme and alternative/local payment method rules
- Advise and deliver on special, growth projects including new product developments and geographical expansions, taking into consideration their legal and regulatory impact
- Support M&A activity inclusive of performing due diligence on target companies, evaluating risks and opportunities of the target from a legal and regulatory perspective, and integrating the target into the commercial and legal operations into Planet’s Legal, Risk & Compliance organization
- Keep fully conversant with the new and emerging product lines developed by Planet and with the wider payments and software innovation ecosystem
- Have a keen awareness and understanding of the regulatory and other legal environment within which Planet operates
- Horizon scan and delivery strategic counsel on evolving payments and regulatory developments and their potential impact on the business and Planet’s overall strategy
- Identify, communicate, and ensure all legal risks are within appetite. If necessary, escalate legal risks together with appropriate recommendations and mitigations
- Support internal and external regulatory examinations and audit reviews
Who you are
- 6+ years PQE of industry experience in an in-house legal department and/or leading law firm in the UK or the EEA
- Expertise in payments, financial services and related regulations
- Demonstrate a keen, working understanding of the legal issues affecting the payments industry, including AML/CTF, data privacy/security, safeguarding, funds flows, and transactional reporting to regulators
- Strong transactional experience leading contract negotiations in relation to (as many of the following as possible): direct acquiring; indirect acquiring with sponsoring banks, payment processing, gateway services, and multi-currency pricing solutions for a payment services provider (or equivalent), FinTech, e-money institution and/or financial institution
- A business-first mind-set with a drive to find solutions that allow business and market share growth in a prudent and long-term-oriented approach
- Excellent analytical, problem-solving, and communication skills
- Passion for simplification and efficiency/process improvement
- A high degree of discretion and the ability to work with sensitive and confidential data
- Able to thrive in a fast-paced environment, tackle ad hoc projects as they arise/are assigned, and successfully manage multiple deadlines.
- Be fluent in English. German an important plus
Why Planet:
Planet is an equal opportunity employer where diversity is valued, and all employment is decided based on qualifications, merit, and business need.
Come and grow your career in the most exciting, fast paced technology market, with a business that delivers feel-good connected commerce.We would love to hear from you – Apply now .
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Legal Director (fixed term) employer: Planet
Contact Detail:
Planet Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Director (fixed term)
✨Tip Number 1
Familiarize yourself with the latest regulations in the payments industry, especially PSD2+ and GDPR. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a fast-evolving sector.
✨Tip Number 2
Network with professionals in the FinTech and payments space. Attend industry events or webinars to connect with potential colleagues and gain insights into the challenges and opportunities within the sector.
✨Tip Number 3
Prepare to discuss specific examples of how you've navigated complex legal issues in previous roles. Highlight your experience with contract negotiations and regulatory compliance to showcase your expertise.
✨Tip Number 4
Research Planet's recent projects and acquisitions. Understanding their strategic goals will allow you to tailor your discussions and show how your skills can contribute to their growth and success.
We think you need these skills to ace Legal Director (fixed term)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Legal Director position. Tailor your application to highlight your relevant experience in commercial and regulatory legal matters within the digital payments and FinTech sectors.
Highlight Relevant Experience: In your CV and cover letter, emphasize your 6+ years of PQE and any specific experience you have with payments, financial services, and related regulations. Mention your transactional experience and any successful contract negotiations you've led.
Showcase Problem-Solving Skills: Demonstrate your analytical and problem-solving abilities in your application. Provide examples of how you've tackled legal issues or improved processes in previous roles, especially in fast-paced environments.
Tailor Your Cover Letter: Craft a personalized cover letter that reflects your passion for the payments industry and your understanding of the regulatory landscape. Make sure to convey your business-first mindset and your ability to find solutions that support growth while managing legal risks.
How to prepare for a job interview at Planet
✨Showcase Your Legal Expertise
Be prepared to discuss your experience in commercial and regulatory legal matters, especially within the digital payments and FinTech sectors. Highlight specific cases where you successfully navigated complex legal challenges.
✨Demonstrate a Business-First Mindset
Illustrate how your legal advice has contributed to business growth and efficiency. Share examples of how you've balanced legal obligations with business objectives to achieve win-win solutions.
✨Stay Updated on Regulatory Changes
Familiarize yourself with current regulations affecting the payments industry, such as PSD2+, GDPR, and AML/CTF. Be ready to discuss how these regulations impact Planet's operations and your approach to legal counsel.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about how you would handle contract negotiations or regulatory compliance issues, and be ready to articulate your thought process.