At a Glance
- Tasks: Advise on regulatory matters and ensure compliance with laws impacting OpenPayd.
- Company: Join OpenPayd, a leader in universal financial infrastructure for the digital economy.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Dynamic team culture with a focus on innovation and collaboration.
- Why this job: Make a real impact in a fast-paced environment while shaping the future of finance.
- Qualifications: UK qualified solicitor with 2-6 years of experience in regulatory matters.
The predicted salary is between 80000 - 100000 £ per year.
At OpenPayd, we are building a universal financial infrastructure to power the growth of the digital economy. Our rails-agnostic approach empowers any business to move and manage money globally - across both traditional rails and stablecoins — at scale, and in real time. The OpenPayd platform delivers a suite of banking and payments infrastructure: accounts in over 40 currencies, FX, on/off ramp, international and domestic payments, Open Banking services – all via a single API. A global network of licences alongside our best-in-class tech is why we're trusted by 1000+ enterprise clients to process over $180bn volume annually.
How will you add value to the OpenPayd journey?
- Acting as an advisor for regulatory matters impacting the OpenPayd business
- Advising on ongoing compliance with applicable laws, regulations and guidance, including PSD2, EMD, MICA, outsourcing guidelines
- Horizon scanning to monitor changes to laws and regulations that may impact the OpenPayd business
- Engaging with industry bodies as required
- Preparing regulatory notifications and filings
- Delivering legal education for the business through bespoke training and raising awareness
- Supporting the wider legal team to provide efficient and effective legal support to the business
- Ad hoc legal and regulatory tasks
The ideal candidate will have the following:
- UK qualified solicitor with 2-6 years post-qualification experience (gained either within private practice or in-house)
- Technical knowledge of UK and EEA payment services and e‑money regulations
- Regulatory advice supporting company growth and delivery of strategic projects
- Knowledge of regulatory requirements relating to safeguarding, outsourcing, operational resilience, wind‑down planning
- Advice on the regulatory perimeter
- Ability to explain complicated legal concepts in a way that is understandable to business stakeholders in both written and oral communications
- Confident to manage own workload, coordinate with other members of the legal team, act independently, and seek out information required to deliver successful outcomes
- Effective communication skills and interpersonal skills
- Strong multitasking, prioritisation, and organisational skills
- Comfortable with a hybrid working environment
- Keen attention to detail
We’d like you to take a read of our Talent Acquisition Privacy Notice which explains how we collect and process your personal data. Please read our notice carefully. By submitting the application button, we will consider that you are aware of it. We are looking forward to receiving your CV.
Legal Counsel, Regulatory in London employer: OpenPayd Services Ltd
OpenPayd is an exceptional employer that fosters a dynamic and inclusive work culture, where innovation meets regulatory expertise. With a commitment to employee growth, we offer tailored training and development opportunities, ensuring our team members thrive in their careers while contributing to the evolution of the digital economy. Located in a vibrant hub for financial technology, our hybrid working environment promotes flexibility and collaboration, making OpenPayd a rewarding place to build your future.
StudySmarter Expert Advice🤫
We think this is how you could land Legal Counsel, Regulatory in London
✨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 OpenPayd Services Ltd, 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 Legal Counsel, Regulatory in London
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at OpenPayd Services Ltd, 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 OpenPayd Services Ltd and the specific role of Legal Counsel, Regulatory. 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 OpenPayd Services Ltd’s culture!
How to prepare for a job interview at OpenPayd Services Ltd
✨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 OpenPayd Services Ltd.
✨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 OpenPayd Services Ltd.
