Legal Counsel, Global Screening Services
1-5 days a week in office
Compliance & screening solution for financial institutions
Be an early applicant
Compliance & screening solution for financial institutions
101-200 employees
Be an early applicant
1-5 days a week in office
101-200 employees
Company mission
To solve industry-wide challenges in the financial services sector.
Role
Who you are
- This is an exciting opportunity for an experienced Legal Counsel, who has fintech experience
- To be a qualified solicitor, with ideally 6+ years’ PQE, with strong experience with commercial and technology contracts within a fintech environment
- Knowledge of relevant legal and regulatory frameworks – eg GDPR, competition law, DORA, outsourcing
- To be able to take a Pragmatic and customer focussed approach to risk management
- To be able to work alone and as part of a team as required
What the job involves
- This position is pivotal in providing strategic legal support across all commercial operations
- Reviewing and negotiating GSS client agreements (these are global banks and you will need to be comfortable working with in-house and external legal teams supporting the bank)
- Draft, review, and negotiate a variety of commercial agreements, including but not limited to, vendor agreements, partnership agreements, and NDA’s
- Developing/maintaining GSS standard contract templates and know-how material
- Anticipating, identifying and advising on IP, competition, employment issues and advising on disputes as they may arise
- Advise on matters including key commercial projects, general advice on regulatory matters, privacy, compliance requirements etc
- Conduct legal research and analysis to stay abreast of relevant legal developments and provide proactive advice to mitigate risks and capitalize on opportunities
- Assist with Data Mapping, DPIAs, Data Protection Authorities and FI client enquiries
- Work with GSS stakeholders and the executive team to develop, implement, and update a globally comprehensive privacy by design program, focused on assessing risks, designing and updating controls, monitoring and evidencing compliance, and evolving the program over time
- Developing and providing training and legal updates to the business on various areas of the law and regulatory matters; and
- Being a trusted advisor to the executive team and working with the business as a whole to provide a legal resource available for ad-hoc queries that may arise
Salary benchmarks
Our take
The regtech industry, already worth billions, is expected to scale as businesses respond to the growing dynamism of compliance regulation updates. Regtech company Global Screening Services (GSS), established in 2021, helps to enhance compliance and screening processes for financial institutions, with a focus on sanctions screening.
The company's platform takes data provided by its users and returns an alert if there is a match against a sanctions list. What makes GSS stand out is that it also cultivates a community network through which industry players can share and access knowledge, thereby helping to transform how financial crime is addressed.
The company’s leadership team boasts over 100 years of combined industry experience, meaning that GSS is well-positioned to help redefine compliance for the sector. Recent and substantial funding marks the company's transition from development to operational mode, gearing up to go live with its initial clients and expand its global presence.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
Company
Funding (2 rounds)
Mar 2024
$47m
SERIES A
Jan 2023
$45m
EARLY VC
Total funding: $92m
Company benefits
- Generous ESOP
- Generous pension scheme
- Private medical insurance
- 30 days holiday plus bank holidays
- Employee assistance programme and holistic wellbeing support
- Bonus scheme
- Flexible hybrid working
- Work elsewhere for up to one month each year
- Quarterly company wide socials
- Opportunities for progression
- Life assurance
- Virtual GP
Company values
- Take Ownership - Seizing the moment and being proud of what we do
- Be Respectful - Creating and cultivating a culture where everyone feels safe, included and respected
- Be Bold - Our attitude and conviction drive our success; with motivation, we can achieve anything
Company HQ
Farringdon, London, UK
Articles
Leadership
Tom Scampion
(CEO)Previously Managing Director at Alix Partners and Partner at Deloitte.
John Cusack
(Chair of the Board)Also Chairperson for Global Coalition to Fight Financial Crime and Editor In Chief at Financial Crime News.
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