Lead Regulatory Legal Counsel

3 weeks ago

London, United Kingdom Rippling Full time

Lead Counsel, Payments and Regulatory (UK)
Rippling gives businesses one place to run HR, IT, and Finance. It brings together all of the workforce systems that are normally scattered across a company, like payroll, expenses, benefits, and computers. With Rippling, you can hire a new employee anywhere in the world and set up their payroll, corporate card, computer, benefits, and even third-party apps like Slack and Microsoft 365—all within 90 seconds.
We are looking for an experienced Lead Counsel, Payments and Regulatory to lead our global payments platform in the United Kingdom and Europe. This is an exciting opportunity to build the legal and payments infrastructure to support our cutting-edge financial cloud product stack. You will also help drive the compliance culture at Rippling across our product and operations. The ideal candidate loves working in a fast-paced environment, enjoys the regulatory challenge of innovative payments and banking systems, takes ownership over initiatives, has excellent analytical and communication skills, and fundamentally believes that lawyering need not be boring.
RPay UK”), the wholly-owned subsidiary of Rippling seeking authorisation as an electronic money institution from the Financial Conduct Authority. In your capacity as COO of RPay UK, you will report directly to the Chief Executive Officer, providing key support to the ongoing regulatory operations of the business and oversight and ownership over the outsourcing framework and day-to-day operations of the business. You will help maximise the operational efficiency of the firm and will work to ensure the firm meets and exceeds both its strategic goals and regulatory requirements.
Design and set up the legal infrastructure for payments around the globe, with a particular emphasis on the EMEA region
Act as a legal advisor to the business on our financial and payments products, including product counseling, regulator interactions, licensing, advertising, and other legal issues
Serve as the primary escalation point for our payment product teams, helping to embed legal and compliance values in all new product and business initiatives
Understand, track, and ensure compliance with payment regulations
Implement goal setting and key performance indicators (KPIs) for the operations and regulatory compliance of Rpay UK
Evaluate performance by monitoring and interpreting KPIs
Manage payments regulatory interactions and reporting
6+ years experience in a payments legal role (money transmission, lending, banking as a service, or general fintech) and ideally 3+ years of experience in a senior role
A strong interest in payments and regulatory counseling and experience advising on legal issues in highly regulated industries
Demonstrated knowledge of legal and regulatory requirements in the payments space
Experience building trusted relationships and an ability to collaborate with senior stakeholders

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