Medior Legal & Compliance, Peaks
Offers Employee Stock Ownership Program
Simple investing for everyone
Be an early applicant
Simple investing for everyone
21-100 employees
Be an early applicant
Offers Employee Stock Ownership Program
21-100 employees
Company mission
To empower people from all walks of life to realise their financial ambitions.
Role
Who you are
- You’re a lawyer with a background in both contract law and regulatory compliance, ideally gained at or for an investment firm or other financial institution
- That combination is what makes you stand out
- You know how the financial sector works and what supervisors expect
- You enjoy the substance of the law, but what really sets you apart is your ability to translate it into practice
- You don’t stop at the legal analysis; you answer the “so what?” question
- What does this mean for our product, our customers or our next step
- Your advice is clear, practical and ready to act on
- You think creatively and look for what is possible instead of what isn't
- When the business comes to you with an idea, you look for ways to make it work within the rules, not reasons to say no
- You see regulation as part of building something sustainable, and you know how to spot risks without slowing the business down
- You enjoy helping teams understand legal and compliance requirements, and you take ownership of making them work in day-to-day practice
- A degree in Dutch law (or equivalent)
- At least 3 years of experience in contract law, at a law firm, in-house, or both
- At least 2 years experience with financial regulation and compliance (Wft, MiFID II, AML/Wwft, GDPR), ideally at or for an investment firm or fintech
- Strong drafting skills, and the ability to explain complex legal matters clearly and practically
- A ‘getting things done’-mentality and the persistence to follow through
- Looking for opportunities instead of objections
- Excellent verbal and written skills in both Dutch and English
What the job involves
- As Peaks grows, so do the regulatory and legal demands that come with it. That’s why we’re looking for a Legal & Compliance Officer who is at home in both worlds
- Most of your time goes to compliance. You’ll be an active part of our compliance team, working on integrity and business risk assessments (SIRA/BRA), internal and supervisory reporting, and regulations such as MiFID II and DORA
- Alongside that, you’ll become our first in-house lawyer. Until now we’ve relied mostly on external counsel. You’ll take over a large part of that work, from contracts to legal memos, and turn it into practical advice the business can act on
- You’ll be a key part of the Risk & Compliance team, supporting both the Head of R&C and the business teams. Roughly 40% of your time goes to legal work and 60% to compliance
- In practice the two overlap all the time, and that mix is what makes the role interesting
- Legal: you'll be the go-to person for legal questions:
- Advise the business on legal questions about new products, features and partnerships
- Draft, review and negotiate contracts: partners, suppliers, outsourcing, NDAs, and more
- Own and update our customer terms and conditions and other client-facing legal documentation
- Analyse legislation and legal texts, and turn them into clear, practical memos, and advice
- Person of contact for external counsel
- Compliance: you'll keep Peaks in control:
- Run impact assessments and gap analyses on new and changing regulation (e.g. MiFID II, AML/KYC, DORA, PSD2)
- Advise on the compliance of our customer communications and information provision
- Carry out compliance monitoring and help develop and maintain policies, procedures and controls
- Support regulatory reporting, internal reviews and interactions with supervisors (AFM, DNB)
- Help build legal and compliance thinking into product development and daily operations
Application process
- If this excites you and you care about doing things right (and helping others do the same), let’s talk. Apply with your CV and a short note about why this role is made for you
Our take
The retail investor market is growing, thanks to investment apps like Robinhood and E*TRADE democratising access to the markets and empowering non-professionals to make their money work. It’s stimulated the fintech startup scene globally, too, and whilst many are chasing the hands-on retail investors, a niche has opened up for ‘small change’ investment apps for the hands-off customer. Peaks is one of these, allowing users to round up card payments and automatically invest it.
These apps are great for early-stage, short term investors, even though they will tend to work out more costly in the long run. As such, they tend to be directed at young Gen X and the emerging Gen Z markets - and here’s where Peaks has smartly distinguished itself from competitors like Stash and Acorn. Peaks is a values-driven app which only permits investments in sustainable ETFs. This is likely to play well with the younger generations, who expressly seek out brands and companies with the kind of eco-friendly ethos that aligns with their beliefs.
Steph
Company Specialist at Welcome to the Jungle
Insights
-2% employee growth in 12 months
Company
Funding (1 round)
Sep 2021
$5.7m
GROWTH EQUITY VC
Total funding: $5.7m
Company HQ
Grachtengordel-West, Amsterdam, Netherlands
Leadership
Tom Arends
(Founder & CEO)Previously spent almost 7 years at Rabobank as the Head of Quantitative Investment Research and as a Lead Business Change Manager for Savings and Investments. They also spent 8 years at Robeco in various roles, including Team Leader for Product Research and Manager for Organisational Change.
Jeroen Mulder
(COO & Board Member)Alongside Peaks, they are also a Managing Partner at Haerlem Capital. They previously spent over 2 years at UL Transaction Security in a number of roles, including Commercial Director of Europe (UL Transaction Security) and Global Product Manager of the Transaction Security Division.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 1 more job at Peaks