Legal Counsel, Checkout.com

Product & Regulatory

Salary not provided
Senior and Expert level
London

3+ days a week in office

Checkout.com

To enable businesses and their communities to thrive in the digital economy.

Open for applications

Checkout.com

To enable businesses and their communities to thrive in the digital economy.

1001+ employees

FintechB2BEnterprisePaymentsSaaS

Open for applications

Salary not provided
Senior and Expert level
London

3+ days a week in office

1001+ employees

FintechB2BEnterprisePaymentsSaaS

Company mission

To enable businesses and their communities to thrive in the digital economy.

Role

Who you are

  • Checkout.com is seeking a talented Legal Counsel with a strong regulatory and product background to join our Legal team
  • Qualified solicitor/lawyer (3-7 PQE) with strong post-qualification experience either in-house or in private practice
  • Strong understanding of legal principles applicable to payments, including the payments ecosystem and payments regulatory and licensing strategy/execution, and to broader financial institutions
  • Previous FinTech, start-up, payments and/or financial institution experience is desirable but not essential
  • Excellent prioritisation and time management skills managing a diverse workload and competing stakeholder demands
  • Ability to handle and deliver on numerous high-priority projects concurrently
  • Comfort with ambiguity, constant change, and a fast-paced culture
  • A practical, solutions-oriented focus to solving legal challenges
  • Ability to work autonomously and collaboratively as needed, flexing the approach as the matter requires
  • Strong communication skills and the ability to articulate and explain complex legal issues clearly and concisely

What the job involves

  • The Legal Counsel will be expected to advise on compliance with financial services and payments regulations, interact with regulators and assist in the implementation of broader regulatory projects across the Checkout.com group
  • As Legal Counsel, you will work closely with all areas of the business in our offices around the globe
  • You will need to take a consultative and collaborative approach to solving complex legal and business issues in a fast-moving environment
  • As you will be collaborating with all core functions within the company, the successful candidate should be able to handle multiple areas of responsibilities autonomously, demonstrating excellent critical judgment with hands-on approach
  • This is a great opportunity to work on a broad range of projects across multiple jurisdictions, learn new areas of law and play a key role in supporting the company’s rapid growth
  • You will be based in London at our global head office and report into an Associate General Counsel also based in London
  • You will be joining an expanding legal team in one of Europe's most valuable fintechs. Checkout Legal's mission is to be a legal team that exceeds expectations
  • We do this by providing pragmatic and trusted advice and balancing risk management by fusing high performance, innovation, collaboration and integrity
  • Partner with our Commercial, Product, Treasury, Financial Partnerships and Compliance teams, acting as a real-time legal advisor to understand their needs and help find creative solutions to achieve business objectives
  • Support relationships with regulators on license-related matters, including potential de novo applications
  • Review payments product structures, flows and terms to ensure compliance with legal requirements
  • Advise on payments regulatory matters, including compliance with payments laws and related regulations across our different jurisdictions
  • Advise on broader regulatory requirements applicable to financial institutions, including with respect to group regulatory change projects
  • Advise the business on market expansion, researching and evaluating new territories and applying for new licenses or expanding the scope of existing licenses
  • Advise key business functions on new regulatory developments impacting our operations, products and contractual commitments

Salary benchmarks

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Insights

Rocket List 2021
Top investors

37% female employees

-9% employee growth in 12 months

Company

Company benefits

  • Additional day off on your birthday
  • Learning scheme: 2 x Learning Days per year, financial support for external courses
  • Internal employee communities and social clubs
  • Employee-led community outreach, payroll giving and 2 x volunteering days
  • Private comprehensive health insurance via BUPA (Medical history disregarded)
  • 24 days holiday (plus bank holidays)
  • Great Place to Work accredited in the UK and USA
  • We proudly provide stock options to our high performing employees under our equity program
  • Global Employee Assistance Programme (EAP)
  • Family Forming financial support in partnership with Carrot
  • Leadership Development Training
  • Pension scheme provided via Aegon (We match contributions up to certain amount!)
  • Group Income Protection via AIG
  • Private Dental Insurance provided via BUPA
  • GymPass subscription
  • Season Ticket Loan
  • Cycle to Work Scheme (Up to £5,000)

Funding (last 2 of 4 rounds)

Jan 2022

$1bn

SERIES D

Jan 2021

$450m

SERIES C

Total funding: $1.8bn

Our take

The payments industry has exploded in the last decade as eCommerce continues to grow as the use of cash falls. Checkout.com are building the go-to platform for all things related to payments, such as accepting transactions, processing them and detecting fraud. They've secured a steady stream of funding from top investors like Tiger Global Management, and are the strategic payments partner for some of the best known fast-moving brands globally such as Patreon, Dashlane, Udacity, Wise, Sony Electronics, and Klarna.

They focus on large merchants and try to make their product as customisable as possible, so that companies integrate Checkout.com as an infrastructure partner in their product. This increases the stickiness of the product and creates many opportunities for them to generate revenue.

Checkout.com have high quality proprietary technology (their platform has been designed from the outset so they can easily deliver incremental services as they expand their offering) and claim to offer the most comprehensive cross-border payment solution for digital commerce.

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Kirsty

Company Specialist at Welcome to the Jungle