Modulr

Paralegal

Modulr  •  London, GB (Onsite)  •  17 hours ago
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Job Description

Paralegal

London

Full-time

In office 4 days/week

Why This Role

  • You’ll provide critical support to our legal team, assisting with a variety of legal tasks and ensuring the efficient operation of the legal department.
  • You’ll work in a highly dynamic environment, focusing on execution and ensuring plan come to fruition.
  • You’ll play a key part in process improvement and lead on change activity for the team.
  • You’ll get hands on, with opportunities to work alongside experienced counsel across a range of commercial, compliance and litigation matters

Who We Are

Our vision is a world where all businesses are powered by embedded payments. Modulr enables businesses, from SMEs to Enterprise, initially across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment schemes, accounts, and card products. Find out more about us on our website and careers site.

What You’ll Do

  • Conduct legal research and analysis related to payment industry compliance, data privacy, and consumer protection laws - all crucial aspects of Modulr's operations.
  • Assist in, reviewing, drafting and negotiating a variety of contracts, including those directly linked to our core services like merchant agreements, processing agreements, and vendor contracts.
  • Execute BAU privacy compliance processes, including end-to-end management of DSRs, reviewing and advising on DPIAs and maintaining and updating associated documentation.
  • Manage commercial litigation with support from in-house and external counsel, securing and reporting on progress against defined budgets and objectives
  • Identify and drive process improvements, taking the lead on projects through to implementation.
  • Use, enhance and develop AI supported workflows for recurring tasks.
  • Work in a highly dynamic environment, focusing on execution and ensuring plans come to fruition.
  • Consistently build strong relationships with stakeholders

Who You Are

What you’ll need

  • Bachelor's or postgraduate degree in legal studies, Law, or a related field - Paralegal certificate or equivalent experience
  • minimum of 1 year of experience as a paralegal, privacy or regulatory compliance professional, preferably in a technology or financial services setting.
  • Proficiency in data privacy laws, such as GDPR
  • Excellent organisational, research and analytical skills

Nice to haves

  • Experience in the payments industry, similar to Modulr's core operations
  • Familiarity with payment processing systems and platforms
  • Knowledge of international payment regulations, considering Modulr's wide operational landscape
  • Familiarity with safe use of AI in sensitive processes

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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