Legal Counsel, YouLend
Finance
+Stock Options
Embedded merchant financing
Be an early applicant
Embedded merchant financing
201-500 employees
Be an early applicant
+Stock Options
201-500 employees
Company mission
To enable future financial services to embed their operations within customer-oriented product suites.
Role
Who you are
- 4+ years of professional experience as a transactional lawyer in the UK or EU, preferably from a renowned law firm with a specialisation in financing, banking and/or capital markets practice
- A keen interest in Fintech and YouLend’s SME financing products
- Desire to work across multiple jurisdictions
- Knowledge and understanding of financing products, commercial transactions and corporate law
- Exposure to a broad range of commercial and technology law issues and experience across a range of commercial contracts
- Desire to broaden your practice and a willingness to learn
- A fast, self-driven learner who can gain rapid familiarity with complex products, solutions and legal frameworks and maintain knowledge of those changing products, solutions and legal frameworks
- Solutions orientated with excellent time management, planning and organisational skill
Desirable
- Prior fintech (in-house or otherwise) experience is welcome
- Working on cross-border transactions with international, multicultural teams
- Experience in working with other jurisdictions (e.g. the US and other EU countries)
What the job involves
- We are seeking a top-performing, smart and motivated individual to join our legal team in London
- You will work with the legal team and the wider company to deliver growth against ambitious targets (>doubling each year) and support YouLend’s business in the UK, US and Europe
- If you have 4+ years of PQE with experience in financing, capital markets and/or banking practice at a top law firm in the UK or EU and are looking for an opportunity to leverage your experience in an in-house setting while expanding the breadth of your practice, this could be a great opportunity for you
- The role will require you to manage our existing and new capital mandates, but is also highly varied and will require you to develop capabilities across product, tech, commercial negotiation, regulatory, project management and stakeholder management
- Collaborating with the capital markets team to manage and negotiate complex capital mandates such as term facilities, revolving credit facilities, forward-flow financings and securitisations
- Supporting the commercial team in negotiating major partnerships for YouLend, and drafting / updating bespoke partnership agreements, in particular those with capital-infused elements
- Some of YouLend’s partners include Amazon, Dojo, eBay, Mollie, Paysafe, and Shopify
- Working cross-functionally with all arms of the business (including commercial, product, tech, sales, etc.) to provide pragmatic and business-minded legal advice
- Supporting the collections team on our external financing collection arrangements in various jurisdictions
- Conducting ongoing review and updating our merchant financing agreements in light of market / regulatory / partner-specific developments
- Driving development of innovative financing products to serve our SME customer base
- Supporting the product team on YouLend’s existing products and the development of new products
- Drafting, reviewing and negotiating various contracts and other legal documents
Salary benchmarks
Our take
Securing funding can be complicated, arduous and often inaccessible to many companies. YouLend solves this problem by giving eCommerce platforms and tech companies better access to fast and flexible funding.
YouLend has benefited from the boom in the financial services industry, but this also means the company has had to compete with a number of other embedded finance startups, such as Weavr. Despite this, YouLend's focus on online merchants has allowed it to remain competitive in its offering. What's more, the company's revenue-based repayments system differentiates its solution from more established loan options.
YouLend's flexibility and the speed with which merchants can obtain funding has allowed it to gain a foothold in the growing embedded finance market. However, it will need to focus on growing its customer base even further if it wants to scale in this competitive space.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
39% female employees
101% employee growth in 12 months
Company
Company benefits
- Stock Options
- Private Medical insurance via Vitality
- EAP with Health Assured
- Enhanced Maternity and Paternity Leave
- Modern and sophisticated office space in Central London
- Free Gym in office building in Holborn
- Subsidised Lunch via Feedr
- Deliveroo Allowance if working late in office
- Monthly in office Masseuse
- Team and Company Socials
- Football Power League / Squash Club
Company HQ
Holborn, London, UK
Articles
Leadership
Mikkel Sølvsten Velin
(Co-CEO)Started out as a Junior Associate at Bech-Bruun, and was an External Lecturer at the University of Copenhagen. Was a Partner at Rogge Global Partners (now Allianz Global Investors).
Diversity, Equity & Inclusion at YouLend
Joanne Savage (Talent Acquisition Manager)
- At YouLend we’re providing a technology first approach to finance. Our product helps smaller businesses that are the backbone of the economy, and our teams are at the core of delivering our product. We strive to create an equitable culture and we believe our teams are strongest when they are diverse and inclusive.
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