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- Tasks: Support various teams with legal advice and manage commercial contracts.
- Company: OpenPayd powers the digital economy with seamless financial services via a single API.
- Benefits: Enjoy a hybrid working environment and flexible tasks in a dynamic team.
- Why this job: Join a fast-paced, innovative company making an impact in the financial services sector.
- Qualifications: Qualified lawyer with 0-3 years PQE and experience in regulated financial services.
- Other info: Work independently while collaborating with a supportive legal team.
The predicted salary is between 28800 - 48000 ÂŁ per year.
Join to apply for the (Junior) Commercial Legal Counsel role at OpenPayd
Join to apply for the (Junior) Commercial Legal Counsel role at OpenPayd
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Role: (Junior) Legal Counsel, Commercial
Who are we?
OpenPayd is a universal financial infrastructure that powers the growth of the digital economy. By providing seamless, API-driven access to global financial services, OpenPayd enables businesses to move and manage money globally.
The OpenPayd platform delivers a full suite of banking and payments services, including payment accounts, trading capabilities, international and domestic payments and Open Banking services – all accessible via a single API. With a growing network of global banking partners, OpenPayd is providing the robust banking infrastructure digital businesses need to thrive.
How will you add value to the OpenPayd journey?
- Provide general commercial legal support across all areas of the business
- Work closely with teams in the UK, EU and internationally to ensure legal consistency and compliance
- Support departments such as Sales, Customer Success, Compliance, Operations, Risk, Finance, Information Security, and Technology with legal advice
- Draft, review, and negotiate a variety of commercial contracts with clients, suppliers, and banking partners
- Help manage legal risk across the business, offering practical and balanced guidance
- Collaborate with Compliance and Risk teams to support adherence to regulatory obligations
- Assist in shaping internal policies and processes to align with legal and business goals
- Offer clear, solution-focused advice that supports both business growth and clients’ needs
- Build strong working relationships across departments to support day-to-day legal operations
- Stay informed on relevant legal and regulatory developments impacting the business in all operating regions
- 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:
- Qualified lawyer, candidates from both common law and civil law jurisdictions will be considered; 0-3 Years PQE
- Demonstrable experience of providing legal support in a regulated financial services environment
- Strong legal experience, gained either in private practice or in-house, ideally covering commercial and financial services matters
- Experience in drafting, reviewing, and negotiating a wide range of commercial contracts
- Strong written and spoken English, with the ability to explain legal concepts clearly to non-lawyers
- Background in or exposure to regulated industries such as financial services, payments, or e-money will be considered an advantage
- 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
- Ability to work in a fast-paced environment with atrong multitasking, prioritisation, and organisational skills
- Comfortable with a hybrid working environment
- Keen attention to details
- Flexible & open-minded approach, including taking on additional tasks or changes to the role as required
- Ability to do work independently with support from the wider team where necessary
- Act with integrity and honesty at all times that includes having specific regard to the independence requirements of lawyers
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 aware of it.
We are looking forward to receiving your CV.
OpenPayd Talent Team
To all recruitment agencies: OpenPayd does not accept speculative agency resumes. Please do not forward resumes to our jobs alias, OpenPayd employees or any other company location. OpenPayd is not responsible for any fees related to unsolicited resumes. OpenPayd will only accept CV\’s from the partners with relevant agreement via the People and Talent team only.
Seniority level
-
Seniority level
Associate
Employment type
-
Employment type
Full-time
Job function
-
Job function
Legal
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Industries
Banking
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(Junior) Commercial Legal Counsel employer: OpenPayd
Contact Detail:
OpenPayd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land (Junior) Commercial Legal Counsel
✨Tip Number 1
Familiarise yourself with OpenPayd's services and the financial technology landscape. Understanding their API-driven approach and how they integrate banking and payments will help you demonstrate your knowledge during interviews.
✨Tip Number 2
Network with professionals in the financial services and legal sectors. Attend industry events or webinars to connect with people who might provide insights into OpenPayd's culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Brush up on your contract negotiation skills. Since the role involves drafting and reviewing commercial contracts, being able to discuss your experience and approach to negotiations confidently will set you apart from other candidates.
✨Tip Number 4
Stay updated on regulatory changes in the financial services sector. Being knowledgeable about current laws and regulations will not only help you in the role but also show your commitment to staying informed, which is crucial for a legal counsel position.
We think you need these skills to ace (Junior) Commercial Legal Counsel
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in commercial law and financial services. Emphasise any roles where you've drafted, reviewed, or negotiated contracts, as this is crucial for the position.
Craft a Strong Cover Letter: In your cover letter, explain why you're interested in the Junior Commercial Legal Counsel role at OpenPayd. Mention specific aspects of the company that resonate with you and how your skills align with their needs.
Showcase Communication Skills: Since the role requires explaining legal concepts to non-lawyers, provide examples in your application of how you've successfully communicated complex information in the past.
Highlight Regulatory Knowledge: If you have experience in regulated industries, make sure to mention it. Discuss any relevant knowledge of compliance and regulatory obligations that would be beneficial for OpenPayd.
How to prepare for a job interview at OpenPayd
✨Understand the Role
Make sure you have a clear understanding of the responsibilities of a Junior Commercial Legal Counsel. Familiarise yourself with the types of contracts you may be dealing with and the legal support required across various departments.
✨Showcase Your Legal Knowledge
Be prepared to discuss your legal experience, especially in regulated financial services. Highlight any relevant cases or projects where you provided legal advice or drafted contracts, demonstrating your ability to navigate complex legal landscapes.
✨Communicate Clearly
Since you'll need to explain legal concepts to non-lawyers, practice articulating your thoughts clearly and concisely. Use examples to illustrate your points and ensure that your communication style is approachable and effective.
✨Demonstrate Team Collaboration
OpenPayd values strong working relationships across departments. Be ready to share examples of how you've successfully collaborated with others in previous roles, particularly in fast-paced environments, to achieve common goals.
