SENIOR LEGAL COUNSEL / LONDON OR MANCHESTER / HYBRID / PERMANENT / COMPETITIVE BASIC SALARY BETWEEN £83000 - £110000 DEPENDANT ON EXPERIENCE AND LOCATION PLUS BENEFITS

About The Team/Role

Reporting into the Senior Director, Regulatory Affairs, International, the Senior Legal Counsel - Regulatory Affairs, EMEA will provide regulatory legal support for WEX’s regulated entities in the EMEA region (currently FCA and CBI authorised E-Money Institutions). With experience in payments and financial services regulation in the EMEA region, the incumbent will be responsible for general and commercial legal support for WEX’s regulated entities, and provision of strategic legal guidance to WEX’s regulated entities in relation to applicable regulation both current and on the horizon. The role will also provide strategic regulatory guidance in relation to WEX’s business strategies and imperatives in the EMEA region including in relation to WEX entities currently operating under the PSD2 limited network exclusion in the Mobility sector as well as in relation to its regulated corporate payments business. The role will involve engagement with WEX’s compliance team, senior management and board members of the regulated entities, regulators, auditors, industry bodies, lobbyists and external consultants, including external legal counsel.

What's on offer?

• Competitive basic salary of between £83000 - £110000 dependent upon experience and location
• Annual short-term incentive plan
• Long-term incentive plan
• Monday – Friday 40 hours per week
• Fantastic work-life balance, hybrid working
• Company pension, life assurance scheme, Income protection and private medical
• A generous holiday allowance of 25 days plus bank holidays.
• Holiday purchase scheme, the ability to add an additional 5 days of annual leave per year.
• Employee discount platform, companywide and departmental incentives schemes, and Gym Flex.
• Employee wellbeing
• Employee referral programme.

How you'll make an impact

● Provision of general legal support for WEX’s regulated entities in the EMEA region including assessing legal risks and providing general legal advice and risk mitigation and support on regulatory, commercial, risk and compliance, governance and cross border matters.

● Advising on requirements for and drafting support and guidance in respect of risk frameworks, policies and procedures, intra-group and partner contractual arrangements to ensure operations are compliant with key regulator focus areas such as safeguarding, operational resilience and outsourcing, governance, risk management, and AML/CTF and business model and financial resilience.

● Regulatory monitoring, review and management; ensuring WEX is well prepared for regulatory changes including responding to regulatory consultations.

● Identification of legal and regulatory issues associated with operating in new markets. ● Managing license and other applications with regulators including licensing or compliant cross-border service provision efforts in new markets.

● Providing strategic regulatory legal guidance in relation to product development and evolution to support business growth and innovation initiatives.

● Working closely with and supporting the Compliance team in particular but also the Financial Operations, Commercial and Product teams.

● Assisting with special projects.

Experience you'll bring

● Bachelor of Laws degree (LLB)

● 5-7 years post qualification experience in payments and financial services law, ideally with some in an in-house environment

● Strong technical ability and knowledge

● Ideally experience in providing legal services for regulated payments firms, including e-money or payment institutions

● Clear and articulate communicator

● Excellence in flexible problem solving, analysis, and issue resolution ● Ability to work closely with a variety of business stakeholders, networking internally and building confidence

● Experience working with regulators in the UK, Europe and Middle East would be highly attractive

What’s Next?
If you have the passion and drive to be successful in this amazing new Senior Legal Counsel role, we would love to hear from you. APPLY NOW for immediate consideration.

We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, or age.
Due to the volume of applications received, unfortunately, it is not possible to respond to each one individually, applicants that are shortlisted will be contacted within one week of application
We do not accept speculative agency CVs. Any CV received by WEX will be treated as a gift and will not be eligible for an agency fee. PSL agencies should only send CVs if authorised to do so by the Talent Acquisition team.