Legal Counsel (Commercial & Funding)

About Us: One third of the UK working age population are unable to access affordable credit. We at Amplifi want to rectify this issue. We aim to improve the nation’s financial health, using our state-of-the-art FinTech ecosystem, allowing ethical lending via the credit unions we work with. Amplifi Capital is one of the top 5 lenders in the near prime unsecured personal loans market in the UK. Through our innovative work we have grown our new customer volumes by 5-fold in just the last two years alone and we aim to increase that number even further as we progress. We are a credit broker for the two largest Credit Unions in the UK and want to go beyond that. Our aim is to be the most important player in the UK personal loan market for the near prime segment through our work with the Credit Unions and via Reevo Money (our own brand). Our plans also include the introduction of a new Reevo credit card soon and in the longer term, other retail financial products.

People always come first at Amplifi Capital. From how we engage with our customers to the thorough recruitment process. Our journey is just getting started, the business has attracted amazing talent so far, and we don’t plan on stopping yet!

The Role: Reporting to the Chief Risk Officer, the role of Legal Counsel (6-months FTC) – Commercial & Funding, will form part of the existing Legal and Compliance framework. The ideal candidate will have significant legal experience with a strong understanding of commercial contracts, particularly in the fintech and payments space, but also capital markets, funding, debt sale and securitisation. You’ll be providing support for a wide range of legal matters, from commercial contracts to funding and governance, and be encouraged to step into new areas with curiosity and confidence. The role will require the ability and desire to handle a variety of legal tasks, including corporate work and some knowledge of data privacy and financial services regulation is desirable. The successful candidate will work closely with the other lawyer in the business, who is a consumer credit and retail financial services regulatory specialist.

Responsibilities:

• Partner, support and advise CEO, CRO, CFO, and internal funding teams and other key business functions to deliver on Amplifi’s funding ambitions and initiatives
• Review, draft, advise on and negotiate contractual arrangements between the company and third parties, including the Credit Unions we work with
• Advise on broader regulatory requirements applicable to financial institutions
• Support the Company’s corporate governance framework and ensure appropriate governance and board engagement for smooth delivery of Amplifi’s funding activities
• Develop and refine company policies and procedures to manage and diminish legal risks effectively
• Champion and be seen as a leader of a culture of legal compliance, risk management, and ethical practice across the organisation

Qualifications:

• UK Qualified Solicitor or other equivalent common law jurisdiction, ideally with between 6 -10 years PQE obtained in-house in the UK or another common law jurisdiction
• Experience in drafting and negotiating commercial contracts is necessary
• Must also have strong knowledge and understanding of capital markets, funding, debt sale and securitisation
• Robust understanding of regulatory landscape in the UK
• Previous FinTech, and start-up experience desirable
• Comfortable with ambiguity, constant change, and a fast-paced culture
• A practical, solutions-oriented focus to solving legal challenges
• Ability to stay current with evolving legal and regulatory developments
• Proven commercial skills and a willingness to add value to an in-house environment
• Strong organisational/project management skills, ability to handle high volume and balance competing demands
• Strong communication skills and the ability to articulate and explain complex legal issues clearly and concisely
• Attention to detail and a high accuracy of work.

Benefits:

• Competitive salary
• 25 days annual leave
• Pension
• Death in Service Provision
• Private health insurance
• Subsidised Childcare
• Subsidised Gym Membership
• Hybrid working (2 days from home)

Commitment: We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships. Please note that all offers of employment are conditional on us obtaining satisfactory pre-employment checks, including a DBS check, a credit check and employment references.