General Counsel & Chief Compliance Officer

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 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

We’re looking for our next General Counsel & Chief Compliance Officer.

Reporting to the CEO, you will be part of the Leadership Team and will closely support our CFO, Board and shareholders.

You will be responsible for a team of 6, with the opportunity to grow the team further.

What you'll do

Provide strategic and effective leadership to the company, as well as our well-regarded Legal & Compliance Team (which won “Team of the Year 2023”!)

You will act as a collaborative business partner, providing commercially-minded advice and pragmatic support to the business

You will be responsible for the Legal department (which covers corporate/M&A, contracts, partnerships, outsourcing, product counselling, data protection, consumer credit, payments (money remittance), disputes, IP and employment & share options) and the Compliance department (which covers monitoring, thematic reviews, audits, regulatory change & horizon scanning, financial crime, regulatory stakeholder management, policies & procedures, registers, SMCR and training).

You will play a key role in important strategic initiatives like funding rounds, debt funding transactions (to fund our consumer loan portfolios), debt sales (including forward flow arrangements) and M&A.

You will produce and present a Chief Compliance Report each quarter to the RiskCo.

You will provide effective advice to the Board on complex governance issues, as well key legal and regulatory issues.

You will attend to all company secretarial matters (supported by our external providers).

You will manage the Legal & Compliance budget and our panel of law firms.

About you

You are a solicitor qualified in English law with 8+years PQE

You have strong relevant experience working as a senior lawyer in-house in a regulated business, particularly consumer credit

You have experience advising on corporate governance and corporate transactions as well as consumer credit and associated regulatory matters

You will be confident engaging with regulators like the FCA

You have strong leadership skills - you enjoy building effective teams and contributing to broader leadership matters of the business

You enjoy working in a fast-paced environment where no day is the same

You will be hands-on and a self-starter

Nice-to-haves

You have run a compliance department before (preferably at a regulated business)

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

Generous 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 (post covid, although we've got quite good at virtual ones too!)

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

Video interview with Hiring Manager - 30 mins

Case Study to give you a taster of the role - 35 mins

In person 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.