Senior Legal Counsel

About Salary Finance

Working with employers, we provide a financial wellbeing platform as an employee benefit, helping employees to understand their money better, get out of debt faster and save for their future. We already have a reach of over 4,000,000 employees through our relationships with over 600 of the biggest companies in the UK. 

By improving employee financial wellbeing, we have a very real and meaningful impact on people’s lives. We remove the stress and worry associated with financial difficulties by dramatically reducing the interest rates employees pay on their personal debt, and provide them with the tools needed to start saving sooner and be more financially secure. We are backed by some of the biggest brands, including investments from Blenheim Chalcot (the UK’s leading venture builder), Legal and General (the FTSE 100 insurer and asset manager), Experian and Goldman Sachs, and we have funding partnerships with JP Morgan and Virgin Money. 

Launched in 2015, we have made excellent progress, and are scaling fast. We are named BITC’s Responsible Business of Year 2018, included in KPMG’s Global Fintech 100, listed top of the Forbes' list of socially-responsible startups, and profiled by the Financial Times, the Times, the Wall Street Journal, the Guardian, the Telegraph, CityAM and the Institute of Directors. 

Your role in our mission

You will report directly to the General Counsel, and play a key part in the leadership of the Legal and Compliance Team. You will work in a fast-paced, “can-do” environment, alongside colleagues driven by our mission to get millions of people out of debt and develop healthy savings habits.  

You will be part of an intelligent, collaborative and ambitious Legal and Compliance Team that has played a key role in taking to market five different financial services and data products at SF (across regulated credit, insurance and payment services). We have successfully worked with regulatory bodies to launch innovative products not previously thought possible and our work has even led to changes in legislation!

What you'll do

• Work collaboratively with our Product, Commercial, Finance, Collections and Credit Risk Teams to enhance existing products and develop innovative products and features. This will involve identifying and addressing a range of issues from consumer credit, data protection, FCA regulatory issues, commercial contracts etc.
• Take on your own projects, partnering with the relevant business leads (whether that’s in Operations, People, Finance etc.), identifying legal issues and pragmatic solutions. This may include transactional work, like debt sales. 
• You will feel empowered to lead calls, negotiations and will be responsible for delivery. You will of course be supported by the General Counsel and the rest of the Legal and Compliance Team.
• Review and negotiate a wide range of contracts. 
• Manage our contracts management platform and identify ways to optimise existing contractual processes.
• Have strong organisational skills and an actions-focused mindset, allowing you to manage multiple projects and stakeholders.
• You will be able to provide advice and be able to back this up with well thought-through and structured reasons. You will be confident in translating legal theory/ideas into practical actions and deliverables.
• Instruct and manage external counsel.

About you

• You’re passionate about social impact, and want to help build a business that delivers a meaningful difference to society.
• 4+ years PQE, qualified in English law.
• Strong experience in consumer credit. 
• You have familiarity with data protection.
• You’re actions-focused and thrive on taking matters from inception to completion.
• You’re ready to roll your sleeves up and get involved.

Who you are

We embrace our differences, but there’s one thing we like to share, which is our values, so it’s important to us that you are:

• Fearless, and able to make the impossible possible.
• Responsible, and want to help build a business that delivers a meaningful difference to society.
• Dedicated and want to commit to an exciting journey even through the highs and lows.
• Empathetic and truly care about every colleague and customer.
• United, because you understand we achieve more when we work as a team.
• Humble, and take feedback as a way to continuously improve.

What do you get for all your hard work?

• Company bonus scheme 💰
• 25 days holiday with an extra day off on your birthday 🎂
• Office first with up to a day a week working from home 🏢 
• Flexible company benefits to include pension and life assurance and an annual allowance to spend on medical insurance, health cash plan, denplan, gym memberships 🤸
• Enhanced policies that are family and pet friendly, to include company sick pay and peternity leave 🐶
• Great career development in a fast paced environment 🚀
• Regular company socials
• Volunteer days as part of our CSR program 🤝
• More great perks to include weekly snacks, tuckshop, cycle to work, help to save and much more! 🍭

The typical interview process

• Phone call with our Talent Manager - 20 mins
• Interview with Hiring Manager - 30 mins 
• Case Study to give you a taster of the role - 35 mins 
• Interview with Hiring Manager, Head of Department, Stakeholder, and / or Team -  60 mins 

We’re looking for people that will get stuck in and make a difference. We have a great collaborative, entrepreneurial team and are passionate about what we do. If you want to join a team that is changing people’s lives for the better then we’d love to hear from you.

Learn more at salaryfinance.com

Salary Finance is proud to be an equal opportunities employer. We celebrate diversity and are committed to creating an inclusive work environment where all employees and applicants can flourish.

If there’s anything we can do to accommodate your specific situation, please let us know.

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Last updated on Aug 20, 2024