Legal Counsel, Thunes
More information about location
4 days a week in office
Simplifying international payments
Be an early applicant
Simplifying international payments
201-500 employees
Be an early applicant
More information about location
4 days a week in office
201-500 employees
Company mission
To connect every corner of the world and make the global economy accessible to all.
Role
Who you are
- The successful candidate must be a highly motivated self-starter with a proven ability to work in a fast-paced environment, both independently and as a member of a team
- Law qualification from a reputable institution; admitted as a solicitor/lawyer, ideally in England & Wales
- Demonstrable legal negotiation and drafting experience either from within a reputable law firm or similar in-house role
- Minimum of 4 years of post-qualification legal experience
- Broad legal experience including commercial, corporate, M&A, payments, product and intellectual property
- Ability to “roll up your sleeves” and ensure effective operations; identify best practices in legal and apply to Thunes
- Strong alignment with Thunes’ culture and values and be comfortable in changing corporate environments
- Committed to building a world-class legal organisation that supports Thunes’ efforts to achieve its goals
- Role location: London office based
- Willingness to work from Thunes’ office in location 4 days per week (including Monday and Friday)
- Willingness to travel and work across different time zones
What the job involves
- As Legal Counsel, your focus will be supporting the Legal & Compliance function in building a world-class legal and regulatory infrastructure for sustainable business performance into the future
- You will assist the Vice Presidents Legal, Deputy General Counsel and General Counsel and the wider function in providing legal advice to the business and central functions, advising on legal risks, providing legal advice and support with regard to all aspects of the group’s activities but, principally, contracting with the group’s customers for the group’s regulated payment services
- You will be part of a team that ensures full compliance with legal and regulatory requirements; including all obligations relating to payment data and payment processing services as well as acquiring and maintaining all relevant licences to perform our business activities globally (incl. payment institution licences, money remittance licences, among others).
- Serve as an integral member of Thunes’ Legal team and liaise between other departments, anticipating their requirements
- Provide pragmatic but always legally sound guidance and maintain a culture of excellence to cross-functional stakeholders
- Provide appropriate legal and contractual support for all business areas including commercial contracting, product development, payments, sales and marketing activities
- Take responsibility for substantive legal issues as requested, including commercial, payments, privacy, product, intellectual property, regulatory, contentious and corporate
- Work closely with the Legal & Compliance leadership in monitoring and responding to relevant statutory, regulatory and policy changes
- Play an active role as and if requested in M&A activities, including negotiation, due-diligence and closing
- Reinforce a culture of compliance with all relevant rules and regulations, including formulation of and compliance with internal policies, rules and procedures and horizon scanning
- Ensure the proper balance of internal and external legal resources and their effective allocation
Salary benchmarks
Our take
The way we pay has changed considerably in recent years, but sending international payments online can still be time-consuming and overly complex. Thunes solves this problem by making cross-border payments quicker and easier.
Thunes allows businesses to process payments anywhere in the world, improving their revenue. The company has managed to differentiate itself from traditional payment platforms thanks to their flexibility, transparency and low cost. They have also avoided competing with payment giants such as PayPal, who they now number as a customer. Other clients include Uber, Deliveroo and Grab.
In 2023 Thunes opened offices in Beijing after entering the Chinese market in 2021. This coincides with $60 million in Series C funding that is going towards the expansion of Thunes into new markets via cross-border payments which, alongside China, include Latin America and the Middle East. This indicates a strengthened global reach for Thunes.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 6 rounds)
Jul 2023
$12m
SERIES C
Jun 2023
$60m
SERIES C
Total funding: $232m
Company benefits
- Bonuses
- Regular learning opportunities
- Volunteering opportunities
Company values
- We support personal economies and encourage global inclusion
- We build relationships, not just networks
- We take our responsibilities seriously
Company HQ
Downtown Core, Singapore
Articles
Leadership
Peter de Caluwe
(CEO & Executive Chairman)Previously served as CEO of Ogone and as CEO of Payments at Naspers.
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