Modulr

Legal Counsel

Modulr  •  London, GB (Onsite)  •  1 month ago
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Job Description

Location: London

Full-time

In office 4 days/week

  • Are you curious, excited by experimentation and always looking for a better way of doing things?
  • Do you want to build deep expertise in the payments and fintech space, working across a genuinely varied legal remit that spans commercial contracts, regulatory, data protection and beyond?

If so, we would love to hear from you! 

Who We Are

Modulr is the payments automation platform that streamlines money movement with accuracy, control and reliability – built to scale. Processing over 200mn transactions and £180bn annually, Modulr is trusted by more than 6,000 businesses to automate payment and reconciliation workflows – removing manual work, lowering costs and reducing errors. 

Modulr provides a single platform for automating how money moves into and out of a business - including payroll, supplier payments, spend management and payment collection. With over a decade of experience as a regulated payments provider, Modulr delivers the reliability needed to run mission-critical finance operations at scale. 

Find out more about us on our website and careers site

What You’ll Do

You'll join a close-knit and high-performing legal function in London, working across a wide variety of legal matters that keep pace with the growth of the business. Day-to-day this means:

  • Negotiating and advising on a wide range of commercial contracts, client agreements, supplier contracts, technology deals and key banking relationships
  • Providing practical, commercially grounded regulatory and legal advice across multiple business functions
  • Supporting the legal team's work on data protection, IP and emerging areas as needed
  • Contributing to legal team projects improving templates, processes and governance as the function scales
  • Working directly with senior stakeholders across the business, including at C-suite level
  • Managing and working with external law firms on differing litigation matters

Who You Are

What you’ll need

We're looking for someone who brings both strong legal skills and the right attitude for fast-paced in-house work:

  • Around 4–5 years' PQE (England & Wales qualified)
  • Solid commercial contracts experience with a financial services, payments, fintech or banking background
  • Data protection experience (GDPR / UK GDPR)
  • Comfortable with regulatory complexity - FCA-regulated environment experience is a strong plus
  • Whether you're stepping in-house from private practice or moving from another in-house role, you'll need to demonstrate genuine commercial pragmatism and an appetite for breadth
  • Calm under pressure, great with people, and genuinely excited about AI and technology
  • Experience working cross-jurisdiction is advantageous

What We Offer You

  • Share Options – We offer a Company Share Option Plan (CSOP), giving you the opportunity to benefit from any increase in share value in the event of a sale, merger, or flotation.
  • Bonus – Our annual discretionary bonus, paid in May for the previous year, is based on both company and individual performance.
  • Flexible benefits - £1000 to spend on benefits to suit you, including private medical insurance, gym membership, dental etc. 
  • Wellbeing app – confidential, on-demand access to therapy, coaching, counselling, management training or mindfulness sessions with accredited professionals, with company-funded hours and top-up options available.
  • Holidays - 33 days annual leave (including bank holidays) plus your birthday off. In the UK, Christmas Day, Boxing Day, and New Year’s Day are fixed holidays. You can choose the remaining days to suit your personal schedule.
  • Learning opportunities - Our two-day onboarding program, ModStart, helps equip you for success. Learning doesn’t stop there; we’ll continue to support your development through various channels.
  • Company-Wide Events -Participate in collaborative and engaging events with colleagues across the business.
  • Bike to work / E-bike scheme

ModInclusion

At Modulr, we’re committed to building a diverse, equitable and inclusive culture where everyone feels they belong and can bring their whole self to work. We welcome applications from candidates of all backgrounds as we believe it’s the right thing for our people, our business, and the community we operate in.

By submitting your CV, you consent to us using your personal data to assess your application, contact you, or share your CV with relevant hiring managers. You can request removal of your data at any time by emailing peopleops@modulrfinance.com - though this will withdraw you from consideration for the role.

Modulr

About Modulr

At Modulr, our vision is a world where all businesses are powered by embedded payments.

Modulr enables thousands of businesses, from SMEs to enterprise, across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment methods, accounts, and card products.

We’ve created an industry-leading platform with comprehensive online tools and API access, to meet the demands of daily business payments. We are connected to an expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS. Our payments expertise and extensive product capability also enables us to build tailored solutions to solve complex payment problems for hundreds of clients in a range of industries, including Travel, Merchant Payments, Lending, Wage Advance and Investment & Wealth.

We are deeply integrated into the payment eco-system. In the UK, we are direct participants of Faster Payments and Bacs, and hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in a range of currencies. We are principal issuing members of Visa and Mastercard across the UK and Europe.

Our regulatory permissions and governance structure underpin our business. We are regulated as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank.

Today we handle over 200m transactions and £100bn payment volume on an annualised basis handling more than 30 API calls per second.

Industry
Finance & Insurance
Company Size
201-500 employees
Headquarters
London, GB
Year Founded
2015
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