Modulr is looking for an ambitious, dynamic and commercially minded lawyer to join our in-house legal team to help support the fast growth of our business in a wide-ranging legal role. An exciting opportunity to join a growing business and be an instrumental part of the foundation of the legal team.
About Modulr
Modulr is a fintech scale-up that’s breaking new ground within the business payments sector – which moves $130trn annually. And businesses are no longer tolerating the slow, inefficient and costly infrastructure provided by legacy institutions. Modulr develops cutting-edge API-first services to enable modern business to eliminate historic hidden inefficiencies and build fast-to-market products on top of our award-winning payments platform.
Modulr was one of LinkedIn’s Top 25 Startups to work for in the UK (2019) and was more recently recognised as a 2020 UK Best Workplace in May, 2020.
We were awarded £10 million from the BCR Fund to further develop our innovative product
- Four years old, we have offices in London, Edinburgh and Dublin
- We have processed over 70 million transactions with a value of £50 billion of business payments to date
- We are multi-award winning and want to keep creating a world class product
What we’re looking for
We're looking for a lawyer (ideally 3 to 7 years PQE), who has strong private practice training ideally combined with some in-house experience such as a secondment to a client. The lawyer will report to the General Counsel for Modulr. The General Counsel reports directly to the COO and works closely with the senior leadership team. The legal team is currently made up of three, the General Counsel based in London and two other Legal Counsels based in Edinburgh.
Responsibilities
- Along with the Legal team, you will be responsible for all legal matters affecting Modulr – including negotiating and agreeing client contracts, and dealing with a wide range of supplier contracts, such as key relationships in banking, technology, employment, marketing and property.
- Deal with a variety of contract types – including banking agency agreements, payment scheme contracts, amendments, accessions, addendums, NDAs, general terms and conditions, proposals, introducer arrangements and statements of work.
- Advise and contribute to a wide range of issues and projects – including strategic and regulatory advice within a commercial context.
- Ensure that Modulr contracts with counterparties efficiently and continues to grow, while assessing and managing risk appropriately.
- Help the Legal team to continue to build the legal function – including proper and adequate governance, templates and processes are implemented and embedded in the organisation.
- Work across the business with a high degree of autonomy and be open to opportunities to focus on areas that particularly interests you.
- Help shaping the Legal team, as well as the wider business, as Modulr continues to grow.
You’ll be a great fit if
- You enjoy giving legal advice and applying your legal knowledge in a highly practical and commercial context.
- Enjoy law but want to be closer to business decisions.
- Have strong and effective communication and inter-personal skills.
- Be highly adaptable and open to a varied role.
- Comfortable discussing the commercial and practical aspects of business decisions as well as purely legal.
- Confident, dynamic and approachable in order for example to sometimes give initial steers and advice on the spot.
- You care about protecting the business, whilst also supporting rapid growth.
- You are excited about the prospect of playing a key role in legal for Modulr.
- You are structured and organised, able to handle the competing pressures of immediate legal tasks and work alongside longer term projects.
- You are comfortable working in an early stage of a business unit, where time is critical and things change frequently.
- You have an optimistic outlook, can-do attitude and open personality that likes to have fun at work as well as getting the job done.
Skills and experience we’re interested in:
- You have at least 3 years PQE
- Strong private practice training combined with some in-house experience such as a secondment to a client.
- Experience in payments or banking and finance law preferred but not essential.
- The world of FinTech and being part of an early stage business excites you.
In addition to a market leading salary we offer the following benefits:
Modulr offer highly competitive salary and benefits packages; our employees enjoy the benefits of flexible working. The office is modern, with lots of natural light and has break out areas. Importantly, our work is challenging and interesting, you will gain valuable experience in a rapidly scaling business at an important phase of growth while contributing to our collaborative culture.
- Bonus
- Pension
- Flexible benefits
- 34 days holiday
- Training allowance
- Opportunities for career development
- Flexible working