Senior Legal Counsel – Regulatory

Description

Who We Are:

Moneycorp powers global payments for corporates, institutions and high net worth individuals, combining worldwide reach with local expertise. With over 45 years of market experience, two banking licences and offices in 11 countries, our technology delivers 24/7 accessibility, while our people deliver award-winning service. In 2024, we supported $1tn+ of payment volume, reaching 190 countries in 130 currencies. Our 32k+ corporate clients benefit from our regulatory resilience with 63+ permissions globally, access to major payment rails, and our proprietary technology.

Moneycorp is a place where energy, commitment, and collaboration are core to our values of shared success. We’re restless in our drive to surpass the expectations of our customers and unlock opportunities to support them at every stage of their journey. The foundation of our success is our people, and nurturing a culture of belonging for all our colleagues is central to our journey as a global business.

You will act as legal support for the UK business and wider international Moneycorp Group, predominantly focusing on regulatory matters.

• Lead on product, regulatory and commercial legal matters including providing advice and guidance on building, launching, marketing and operating products including multi-currency operations, payment and cross border transactions, as well as digital banking models and digital wallets in multiple markets, including regulatory/licensing issues.
• Advise on regulatory requirements relating to payment services, electronic money, cross-border payments, foreign exchange services, safeguarding, CASS and the consumer protection matters.
• Assist with responses to audits, complaints, or enforcement actions from bodies like the Financial Conduct Authority (FCA), the Central Bank of Ireland (CBI) and the Gibraltar Financial Services Commission (GFSC).
• Support applications for regulatory authorisations, permissions, registrations or licence variations.
• Assist with complaints received via the Financial Ombudsman Service (FOS) or other equivalent body.
• Advise on Moneycorp’s compliance with payments, financial services, AML/CFT, and other regulations across multiple jurisdictions.
• Reviewing, negotiating and advising on contracts on behalf of Group functions.
• Monitoring, reporting and horizon scanning key regulatory changes that can impact the business. These will include directives related to E-money, PSD, MiFID II and digital asset regulation.
• Assisting the wider Group legal team with commercial, corporate, litigation and employment matters.
• Instructing external legal counsel where appropriate.
• Assisting with the organisation of Group insurance cover.

• Legal knowledge and the application of FSMA, E-money, PSD2, MiFID II and digital asset regulation, FCA and PRA rules and guidance in relation to Financial Services.
• UK qualified lawyer with 5 years + of experience gained in a large law firm and/or in-house with a major firm.
• Previous regulatory legal experience.
• High-level of attention to detail.
• Ability to multi-task with accuracy.
• Strong interpersonal and communications skills.

• Qualified solicitor with at least 4-5 years post-qualification experience.

This role offers a competitive salary, plus a benefits package including private medical health insurance.

This is a full-time, permanent position. The role is expected to be office-based in London or Coventry, however, we have a flexible working policy which enables you to work up to 2 days from home.

We're committed to creating a…