Senior Legal Counsel, Modifi
Global B2B Payments and trade services
Open for applications
Global B2B Payments and trade services
21-100 employees
Open for applications
21-100 employees
Company mission
To empower small and medium-sized businesses to trade internationally with digital trade finance.
Role
Who you are
- MODIFI needs a strong generalist who is comfortable providing legal input on a range of topics that include commercial contracting, payments, trade finance, financial regulation, data privacy and developing new products on the edge between technology and finance
- You are able to immerse yourself in technical details but can also take a helicopter view on the role of Legal in the Fintech space
- You are keen to develop your expertise, but you don't hide behind it
- You understand that an excellent legal counsel combines legal strength with a healthy dose of pragmatism and commercial awareness
- An LLM and 5+ years of solid experience, for example as a lawyer at a reputable law firm and/or as a legal counsel at a fintech company
- Given the global nature of our business, a strong candidate has practiced in an international environment with exposure to different (foreign) laws, regulations and cultures
- Experience with any of the following is a strong plus: fintech start-ups / scale-ups, structured and commodity finance, trade finance, cross-border transactions, international trade and payments
- Managing complex legal and commercial projects including managing foreign legal counsel efficiently
- You have a growth mindset. You build legal products and processes that are scalable
- You make things happen by taking ownership for your work. You talk straight and build strong relationships with stakeholders
- You have solid legal skills, including research, drafting and giving concise and clear advice. You are responsive and have a keen eye for detail
- You are resilient and are comfortable juggling many different projects at the same time
What the job involves
- We are looking for a talented Senior Legal Counsel to join our legal team in Amsterdam and support MODIFI in its mission to change the world of international trade
- At MODIFI you will have a great opportunity to not only be a contributor to MODIFI's business payments and global Buy-Now-Pay-Later offering, but also actively help develop global fintech partnerships
- You work closely with the MODIFI Head of Legal and senior management and our Risk, Finance and local Sales teams
- You are a trusted adviser to our stakeholders and in key strategic processes, such as developing trade financing products, building fintech partnerships and raising debt and equity financing
- You continuously improve MODIFI's legal and financing framework
- Product & Commercial: You work with Product and Engineering teams on new product solutions, such as an embedded finance solution for global collections of payments. You provide legal input on product design and compliance but you also drive commercial contracting with financial infrastructure providers, partners and customers. to grow our fintech business in accordance with applicable laws and regulations
- Regulatory: You provide legal advice on regulatory matters ranging from financial and payments regulations to data privacy
- Strategic Projects: The Legal team is coordinating strategic projects that are critical for MODIFI's success, such as equity financing (VC rounds) and refinancing of trade receivables
Our take
SMEs play a vital role in global trade, representing 98% of exporters and contributing 30% to global volumes. However, over half of their trade finance requests are rejected by banks, creating a massive $1.5T funding gap. This leaves SMEs unable to seize new trade opportunities despite growing global trade and consumer demands.
Modifi aims to bridge this gap - it provides SMEs with simple digital solutions to finance and manage their trades, protect them from counter-party risk, and easily track their shipments. It services over 1,000 buyers and sellers across more than 40 countries. Since being founded in 2018, Modifi has grown at an astounding rate and is now the only digital trade finance platform for SMEs that spans the three major trading regions of Europe, Asia and North America - a cluster which encompasses approximately 80% of global imports and exports.
Following major funding across multiple rounds, Modifi's current strategy is focused on addressing increasing demand and helping more SMEs trade internationally on their digital platform. Fundamentally, with the OECD predicting that the trade finance landscape is to undergo "profound changes" in the coming years, Modifi has a great opportunity to be at the forefront of change for the better.
Freddie
Company Specialist at Welcome to the Jungle
Insights
8% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Nov 2024
$15m
SERIES C
Sep 2021
$24m
SERIES B
Total funding: $48m
Company benefits
- The world is your oyster - we have networks around the globe with offices in Amsterdam, Berlin, Delhi, Dhaka, Dubai, Hongkong, Mumbai, New York, Shenzhen
- You want to get to know your colleagues better?! We organize regular gatherings, events and parties
- At MODIFI we have a very hands-on mindset, giving our people the chance to grow with their responsibilities
Company values
- Push the boundaries
- Grow together
- Make it happen
- Ownership is cool
- Straight talking is encouraged
Company HQ
De Weteringschans, Amsterdam, Netherlands
Articles
Leadership
Nelson Holzner
(CEO)Has 20 years of professional experience in top international firms, startups and high growth companies, and is the founder and ex-CEO of BillPay.
Sven Brauer
(COO)Was a key part in building BillPay, and was also part of Klarna's senior management team until 2018.
Jan Wehrs
(CTO)IT professional with more than 12 years’ hands on experience with various platforms and over 5 years’ experience as Senior IT executive. Also a member of the alphalist network.
Salary benchmarks
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