Logo of Huzzle

Senior Corporate Counsel, Payments & Expansion (UK & EEA)

image

Remitly

Oct 19, 2024

  • Job
    Full-time
    Senior Level
  • Legal
  • London
  • Quick Apply

AI generated summary

  • You must be an England/Wales qualified lawyer with 8+ years, in-house and firm experience, know UK/EU payments regulations, and have multi-jurisdictional regulatory expertise.
  • You will negotiate commercial agreements, advise on payment regulations, support cross-border initiatives, monitor legal changes, and collaborate with external counsel on global regulatory matters.

Requirements

  • Qualifications to practice as an England and Wales qualified lawyer (or EU equivalent) with 8+ years - preferably including both in-house counsel and top national or international law firm experience
  • Experience in a highly regulated industry with financial regulatory and e-commerce legal requirements, including advice on payments and technology agreements
  • An in-depth knowledge of UK payments / e-money regulations (and/or EU equivalent) and industry standards as well as experience in advising on regulatory issues on a multi-jurisdictional basis. Experience of the payments regulatory environment in other jurisdictions such as Africa is also strongly preferred
  • Experience working with regulatory agencies and managing external counsel
  • Demonstrated ability of leading cross functional legal projects and ability to implement programmes of regulatory change in a fast pace, high growth environment
  • A practical and self-motivated attitude, being happy to work on high level, complex projects

Responsibilities

  • Deliver strategic commercial agreements with partners (including banks and payment processors) as well as providing legal advice and support for global projects;
  • Advise on payment services and related regulatory issues applicable to the Remitly business including the support of cross border expansion initiatives;
  • Support and advise the business, Policy and Regulatory Affairs, Compliance and other internal teams on regulatory engagement matters;
  • Monitor and stay current with changes in payment related laws and regulations and advise on any necessary changes to Remitly’s products and services;
  • Manage and collaborate with external counsel in various jurisdictions to develop solutions on global regulatory matters that meet Remitly business requirements.

FAQs

What is the primary responsibility of the Senior Corporate Counsel, Payments & Expansion role?

The primary responsibility is to deliver payment agreements, provide regulatory advice, and support Remitly’s global products and services, including negotiating payment agreements and ensuring regulatory compliance.

What qualifications are required for this position?

The candidate must be a qualified lawyer in England and Wales (or equivalent EU qualification) with 8+ years of experience, preferably including both in-house counsel and experience at a top national or international law firm.

What specific experience is preferred for candidates applying for this role?

Candidates should have experience in a highly regulated industry, particularly with financial regulatory and e-commerce legal requirements, including advice on payments and technology agreements.

Is experience in the payments regulatory environment outside the UK and EEA considered valuable?

Yes, experience with the payments regulatory environment in other jurisdictions, such as Africa, is strongly preferred.

Will the role involve working with external counsel?

Yes, the role will involve managing and collaborating with external counsel in various jurisdictions to address global regulatory matters.

What types of projects will the Senior Corporate Counsel be expected to lead?

The Senior Corporate Counsel will lead cross-functional legal projects and implement programs of regulatory change in a fast-paced, high-growth environment.

Are there specific benefits offered to employees in this position?

Yes, benefits include paid vacation days, health insurance, a commuter benefit, an Employee Stock Purchase Plan (ESPP), and mental health and family-forming benefits.

How does Remitly approach diversity and inclusion in its hiring practices?

Remitly is committed to nondiscrimination and creating an inclusive environment for all employees, celebrating diversity across its global organization.

What are the expectations regarding knowledge of UK and EU payment regulations?

Candidates should have in-depth knowledge of UK payments/e-money regulations and industry standards, as well as experience advising on regulatory issues on a multi-jurisdictional basis.

We are united through our mission - to tirelessly deliver on our promise to immigrants sending money across the world.

Finance
Industry
1001-5000
Employees
2011
Founded Year

Mission & Purpose

Remitly is a company that provides digital remittance services, enabling individuals to send money internationally in a safe, convenient, and cost-effective manner. Their ultimate mission is to transform the lives of immigrants and their families by providing them with financial inclusion and empowerment. Remitly's purpose is to create a global financial system that is more inclusive, accessible, and fair, allowing people to seamlessly send and receive money across borders, bridging the gap between loved ones and promoting economic opportunities worldwide.

Benefits

  • Continuing Education or Travel Stipend

    Spend up to $1,000 per year on costs related to continuing education or on travel to countries Remitly serves, allowing you to gain insights to our customer’s journeys.

  • Office Culture

    All of our office spaces offer our employees a place to collaborate and celebrate. With locally sourced artwork and vibrant designs, they create an environment that all can enjoy.

  • Flexible PTO, Schedules and Leaves

    Fill your cup up outside of work and take advantage of our generous paid time off policies, leave policies, and flex working hours to ensure you are able to meet the demands of life outside of work.

  • DEI Learning Opportunities

    Tap into the learning routines, resources and affinity groups Remitly provides to help you further your own DEI journey.