At a Glance
- Tasks: Draft and negotiate commercial contracts while supporting cross-border expansion.
- Company: Join a pioneering fintech company reshaping global payment infrastructure.
- Benefits: Competitive salary, equity, and flexible remote work options.
- Other info: Collaborative culture with clear growth paths in Legal Operations.
- Why this job: Make a real impact in international fintech with a direct line to leadership.
- Qualifications: 3-5 years PQE with in-house experience in fintech or B2B SaaS.
The predicted salary is between 60000 - 80000 £ per year.
Location: London (4 days/week in our Fitzrovia office)
Team: Legal Operations
Reports to: COO
About Lorum Global payments are not broken. Incentives are. Clearing has been deprioritized inside balance sheet driven institutions whose models rely on lending and interest. When liquidity takes priority over settlement, payments slow and certainty drops. The same financial institutions that distort clearing as providers are disadvantaged as users. They are forced into fragmented setups, inconsistent rails, duplicated compliance, and unpredictable timelines. Stablecoin shortcuts and treasury pooling treat symptoms at the surface, but almost no one is rebuilding the underlying infrastructure in each market.
We are rebuilding clearing as its own specialist function. We act as a clearing and transaction banking partner for regulated institutions, with treasury built into the core so liquidity, settlement, and reconciliation sit in one controlled system. Our platform unifies global and local licenses, direct central bank clearing, and access to domestic rails. We allow clients to open named customer accounts in every market we operate, collecting funds and paying out through a single network while retaining full ownership of their customer relationships. Market expansion becomes as simple as one correspondent relationship, not hundreds.
Why Lorum Joining Lorum means contributing to one of the most ambitious clearing infrastructure projects in global finance. You will help shape settlement systems that perform under real regulatory standards and institutional volumes. You will build for regulated institutions that rely on precision, predictable timelines, and regulatory integrity. It is about working across currencies, markets, and supervisory frameworks to deliver reliable, final settlement.
Role purpose We're hiring a Legal Counsel to join our small, high-velocity Legal Operations team in London. You'll work directly with our COO and our Legal Counsel in Dubai, partnering closely with the commercial team to keep deals moving.
What You'll Do
- Commercial contracts (the core of the role) Draft, review and negotiate a wide range of commercial agreements with B2B clients and partners – MSAs, service agreements, vendor contracts, NDAs. Partner with the commercial team (Sales, AEs, Commercial Lead) to keep deals moving and unblock sales cycles. Make pragmatic, commercial risk calls – we value "good enough and shipped" over "perfect and stuck." Build and improve our contract templates, playbooks and negotiation guidelines. Help us level up our CLM workflows and processes.
- Corporate & governance (supporting role) Support board and shareholder meetings, including agendas, minutes and filings. Help maintain statutory registers and corporate governance compliance across multiple jurisdictions. Work with local external counsel where needed.
- Legal advisory (cross-functional) Provide practical, business-oriented legal advice to internal teams on day-to-day matters. Support cross-border expansion, liaising with external counsel on new market entry and licensing. Stay across legal and regulatory developments in fintech and payments (deep regulatory work sits with our Reg Counsel team – you don't need to be a regulatory specialist).
What We’re Looking For
- 3–5 years PQE, qualified in England & Wales (or commonwealth equivalent with UK experience).
- In-house experience at a fintech, payments company, challenger bank, VASP, merchant acquirer, or high‑velocity B2B SaaS. This isn't a role for someone coming straight from a law firm – we need someone who has lived inside a fast-moving business.
- A strong track record of drafting and negotiating B2B commercial contracts at volume, ideally with international counterparties.
- A commercial mindset – you balance risk management with business priorities and you know when to elevate and when to make the call.
- Resilient, autonomous, scrappy and collaborative. You're comfortable in a high‑pace environment, you partner well with non‑legal stakeholders, and you don't get defensive when pushed by sales.
- Excellent written and verbal communication; able to explain legal concepts to non‑legal stakeholders clearly.
- Confident working independently, while knowing when to elevate or pull in external counsel.
Nice to have
- Experience supporting cross‑border expansion, especially into emerging markets.
- Exposure to corporate governance / company secretarial work.
- Experience working with international external counsel on licensing or market entry.
Why join us
- Global client base. You'll negotiate with counterparties from London to Lagos to Mumbai – the work is genuinely international, not a UK‑only book.
- Real ownership. Small team, direct line to the COO, real influence on how the function scales.
- Growth path. As the team grows, there's a clear path toward leadership in Legal Operations.
- Collaborative culture. A team that takes the work seriously but not itself.
- Compensation: Competitive base, equity, and 1 day a week from home.
If you're a commercially-minded in‑house lawyer who wants to own a real pipeline in international fintech, we'd love to hear from you.
Commercial Legal Counsel employer: Lorum
Lorum is an exceptional employer that fosters a dynamic work culture focused on innovation and collaboration. As a Global Licensing Counsel, you will benefit from comprehensive professional development opportunities and be part of a team that values regulatory excellence and strategic growth in the financial services sector. Located in a vibrant area, Lorum offers a supportive environment where your contributions directly impact the company's global expansion efforts.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Legal Counsel
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
✨Tap into Online Legal Communities
Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.
✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including Lorum, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
✨Leverage Your University’s Career Services
If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.
We think you need these skills to ace Commercial Legal Counsel
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at Lorum, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in Lorum and the specific role of Commercial Legal Counsel. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for Lorum’s culture!
How to prepare for a job interview at Lorum
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at Lorum.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at Lorum.
