If so, we would love to hear from you!
About us
At Modulr, our vision is a world where all businesses are powered by embedded payments.
Modulr enables thousands of businesses, from SMEs to Enterprise, across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment methods, accounts, and card products.
We’ve created an industry-leading platform with comprehensive online tools and API access, to meet the demands of daily business payments. We are connected to an expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS. Our payments expertise and extensive product capability also enables us to build tailored solutions to solve complex payment problems for hundreds of clients in a range of industries, including Travel, Merchant Payments, Lending, Wage Advance and Investment & Wealth.
We are deeply integrated into the payment eco-system. In the UK, we are direct participants of Faster Payments and Bacs, and hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in 11 currencies. We are principal issuing members of Visa and Mastercard across UK and Europe.
Our regulatory permissions and governance structure underpin our business. We are regulated and supervised as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank.
Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by the venture arms of payments giants PayPal and FIS, as well as growth investors Blenheim Chalcot, General Atlantic, Frog Capital and Highland Europe.
Modulr now has over 400 employees spread globally across offices in London, Edinburgh, Amsterdam and Mumbai.
Modulr values
The role
We're looking for a Senior Legal Counsel, who has in-house experience. You will join a team of four, including three other Legal Counsels and a Paralegal, work alongside the wider legal team who are responsible for all legal matters affecting Modulr. This includes negotiating and agreeing client contracts, dealing with a wide range of supplier contracts including key banking relationships but also in technology, employment, marketing and property. You will also deal with a wide range of issues and projects on which to give advice and contribute to which provide a significant amount of diversity and variety to your day-to-day activities.
Within the legal team you will have a key role to play within the business to ensure that Modulr contracts with counterparties efficiently and continues to grow while assessing and managing risk appropriately. The legal team is also responsible for continuing to build the legal function, making it scalable for the future, including the use of technology and tools, proper and adequate governance, templates, and processes ensuring that they’re implemented and embedded in the organisation.
Giving strategic and regulatory advice is also a requirement of the legal team. All legal advice and work is required to be given with particular regard to the commercial context, therefore the legal team works very closely with each business function.
Each member of the legal team shares responsibility for work across the business, meaning that there is a wide variety of work with plenty of opportunity to focus on what particularly interests you. As Modulr continues to grow at significant pace, there will be greater possibilities to get involved across the business on many projects, initiatives, and geographies, and you will have the opportunity to be a key influence on the wider business.
Specific duties
The successful Senior Legal Counsel will be comfortable in making decisions, driving progress and change within the function.
You will be a good fit if:
About you
The successful Senior Legal Counsel will have a track-record in delivering results in a fast-moving business and hence be comfortable with change and ambiguity.
You will have:
What can Modulr offer you
You’ll be part of a cross disciplinary team(s), with co-workers located in Edinburgh, London, Amsterdam and/or India. We are friendly and sociable, challenging but rewarding. We want you to push yourself and for us to support you in your future as we scale up and grow. Our culture and values are putting you first and are about investing in your future.
ModInclusion
We believe that by seeing Modulr, and the world, from all sorts of angles, we can make life better for all. We want you to know that the things that make you, you — like your identity, age, ability, and background — are things that we will always celebrate and support with open arms. As such, we are keen to maximise the diversity of our workforce and actively encourage applications from anyone and everyone.
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