Lead Product Counsel, Trustly
$255-275k
+ Bonus Plan + Stock Options
Secure online banking payments
Job no longer available
Secure online banking payments
501-1000 employees
Job no longer available
$255-275k
+ Bonus Plan + Stock Options
501-1000 employees
Company mission
To make online bank payments convenient for everyone by connecting consumers and merchants through the bank account, the hub of people’s financial life.
Role
Who you are
- Strong academic background, JD, and active member in at least one US jurisdiction
- 7+ years of experience, including at least 2 years at a consumer facing technology company in a product counsel or generalist role
- Experience launching consumer fintech, card, or payments products (knowledge of FCRA, TILA, Fair Lending Laws, and other relevant laws pertaining to consumer protection in the context of financial services & payments is required)
- A working understanding of global privacy laws is desirable
- Tech-savvy with an interest in emerging global AI frameworks and fintech/payments
- Proven ability to partner with a wide variety of stakeholders but a particular focus on strong collaboration with product, engineering and privacy and compliance teams
- Entrepreneurial & creative by nature, has a bias for action, but is empathetic in dealing with multiple stakeholders and driving issues to a resolution
- A strong ability to balance risk whilst achieving business objectives
- Excellent written and verbal communication skills; ability to explain complex legal issues in simple terms and report issues to multiple different stakeholders
What the job involves
- We are seeking an experienced Lead Product Counsel to join our global legal team
- You will be the primary legal architect behind our next generation of high profile product payments & consumer fintech product launches, at an exciting period in Trustly’s global growth story
- You will be embedded within the business, product and engineering teams to build consumer & partner centric offerings from the ground up
- You will navigate the complex intersection of financial regulation, privacy, consumer protection, IP, marketing and emerging AI regulations in order to assist the business in launching innovative products that deliver strategic objectives whilst remaining compliant
- Partner with a variety of stakeholders across product, engineering, GTM & commercial, in order to launch compliant products that are a joy to use
- You will advise from the beginning of product planning right through to launch and ongoing iterations
- Advise on a broad range of issues including consumer protection, financial regulation, AI regulation, privacy laws, intellectual property, contractual obligations, marketing laws
- You will be responsible for formulating creative solutions to ensure compliance whilst delivering strategic business objectives
- You will collaborate with Trustly’s global in-house and external legal & compliance experts in order to achieve this
- Help colleagues build a world-class and high performing legal team, consistently finding ways to reduce bottlenecks and minimise repeatable work
- This may include developing comprehensive training & playbooks on Trustly’s product suite, establishing repeatable frameworks, that results in the scalability of legal advice across new product launches
- Partner with Trustly’s Privacy & Compliance team in order to implement best practices with the product and engineering team, including privacy & compliance by design
- Negotiate and draft new terms and conditions and partnership agreements relating to product launches
- Monitor evolving legal and regulatory developments to help advance Trustly’s compliance, comms and policy positions
- Own and manage aspects of the company’s IP portfolio
Application process
- Applications for this role are accepted on an ongoing basis
Our take
Trustly is a fintech platform that makes accepting bank transfers for merchants a simple experience, just like taking card payments. Founded in 2008, the company has grown from just three people to operate offices across Europe and the Americas.
Trustly is a customer of banks, while its customers are merchants who are charged a transaction fee when they receive payments. Thousands of merchants use Trustly, including global players likes Facebook, AT&T, Alibaba, PayPal and TransferWise.
Whilst not a common payment method in certain countries (like the UK), people in many others prefer to pay via bank transfer - so there is a real need for what Trustly is offering. The company has made significant expansion progress, secured some highly advantageous partnerships and acquired SlimPay in 2024 - all suggesting a bright future ahead.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
5% employee growth in 12 months
Company
Funding (2 rounds)
Aug 2023
$56.1m
GROWTH EQUITY VC
Nov 2014
$26.8m
LATE VC
Total funding: $82.9m
Company benefits
- Free breakfast every morning and catered dinner if you need to work late. And happy hour every Friday to celebrate the week
- Each employee gets a generous health allowance, and Trustly Sports Club keeps us active together
- Each month, our teams go on fun outings. Which we’d probably do anyway, even if Trustly didn’t foot the bill!
Company HQ
Vasastan, Stockholm, Stockholm County
Leadership
Carl Wilsson
(Co-Founder & CEO)Obtained a degree in Economics at Stockholm School of Economics before founding Trustly in 2008. Since September 2016, they are the VP of Business Development of Trustly Group AB.
Lukas Gratte
(Co-Founder)Obtained a degree in International Economy at Harvard University, a Master's degree in Engineering physics at KTH Royal Institute of Technology, a second Master's degree in Business Administration and Economics at Stockholm University and co-founded Redbet in 2002.
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