Senior Legal Counsel, Checkout.com

Regulatory and Product

Salary not provided
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
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

  • UK or EU-qualified lawyer in good standing with 8+ years of relevant post-qualification experience either in-house or in private practice, with a focus on financial services, payment systems, or technology sectors
  • Direct experience or a very strong theoretical understanding of legal principles applicable to payments, including with respect to the payments ecosystem, regulatory and licensing strategy and execution, licensing issues and consumer protection laws
  • Strong preference for previous experience supporting licensed payment entities in the Middle East, in particular the UAE
  • Previous experience at or advising a global fintech or a bank, the payments organization of a large marketplace/platform company, and/or achieving similar strategic outcomes for a payments organization at scale
  • Willingness to be flexible with the scope and variety of projects to be undertaken in this role
  • Comfort with ambiguity, constant change, and a fast-paced culture
  • A practical, solutions-oriented focus to solving legal challenges
  • Proactive and capable of working with minimal direction and independently driving projects to completion
  • Excellent judgment and project leadership skills, able to handle and deliver on numerous high-priority projects concurrently
  • Someone who does not settle for the status quo, but is always thinking about innovative ways of doing things

What the job involves

  • Checkout.com is seeking a talented and dynamic Senior Legal Counsel with a strong regulatory and payments background to join our Legal team
  • The Senior Legal Counsel will be expected to advise on payments and financial services regulations and assist with interaction with global regulators when required, with a particular focus on Europe and the Middle East
  • As Senior 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, regulatory and business issues.You will need to be a seasoned legal professional with deep expertise in financial services, payment systems, and regulatory frameworks
  • As you will be collaborating with all core functions within the company, the successful candidate will be able to handle multiple areas of responsibilities autonomously, demonstrating excellent critical judgment with hands-on approach
  • This is a great opportunity to work with our expanding legal team 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 report into our Regulatory and Product Associate General Counsel in London
  • You will be joining a high-achieving legal team in one of Europe's most valuable fintechs
  • Our mission is to be the best legal team in the world, providing pragmatic and commercially focused advice, finding creative solutions to manage risk and becoming trusted advisers to our colleagues in the business
  • Advise on payments regulatory matters including compliance with payments laws in Europe and the Middle East and other payments laws and related regulations across our different geographies, with the support of external counsel where necessary
  • Partner with our commercial, product, risk, treasury, and compliance teams, acting as a real-time legal advisor to understand their needs and help find creative solutions to achieve business objectives
  • Provide legal support for the development, launch, management and expansion of innovative payment products and services
  • Advise on the legal and regulatory implications of product features, ensuring compliance with relevant laws and regulations, including PSD2, AML and other financial regulations
  • Advise key business functions on new regulatory developments impacting the payments industry, and advise on their potential impact on the company’s operations, products and contractual commitments
  • Support relationships with regulators on license-related matters, with a focus on Europe and the Middle East
  • Provide legal input into the development and implementation of internal policies, procedures, and controls to ensure compliance with legal and regulatory requirements
  • Help the business continue to expand internationally, researching and evaluating new territories and applying for new licenses or expanding existing licenses
  • Provide mentorship and guidance to junior legal team members, fostering a collaborative and high-performance environment

Salary benchmarks

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.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Insights

Rocket List 2021
Top investors

Some candidates hear
back within 2 weeks

37% female employees

-9% employee growth in 12 months

Company

Employee endorsements

People of all backgrounds are welcomed

"DEIB is where Checkout.com takes it to the next level. This company is excellent at building a sense of belonging and celebrating people from all..."

Funding (last 2 of 4 rounds)

Jan 2022

$1bn

SERIES D

Jan 2021

$450m

SERIES C

Total funding: $1.8bn

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)

Company values

  • Aspire
  • Excel
  • Unite

Company HQ

London, UK

Leadership

Previously founded NetMerchant, which sold European currencies to US merchants. Background in mathematical engineering.


People progressing

First joined as a Software Engineer, was promoted to Senior Software Engineer after 1.5 years and was then promoted to Engineering Lead 6 months later. Ignas is now a Senior Engineering Manager.

Betty joined in late 2019 as a Product Analyst. After just 8 months Betty was promoted to a Product Manager, before becoming a Senior Product Manager just 10 months later.

Diversity, Equity & Inclusion at Checkout.com

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