Legal Counsel, Plum
+Stock Options
2-3 days a week in office
Wealth automation app
Open for applications
Wealth automation app
101-200 employees
Open for applications
+Stock Options
2-3 days a week in office
101-200 employees
Company mission
To accompany people on their financial journey and give them the tools to manage, save and invest their money.
Role
Who you are
- Has 3-4 years PQE experience in financial services regulation
- Has a good knowledge with respect to CASS and the provisions that govern regulated MiFID investment firms across UK and EU
- Has experience dealing directly with National Competent authorities and Financial regulators
- Is extremely fungible; You will be the first Legal hire into Plum, so you will need to be self directed, comfortable building the structure that you work within, and potentially building the team as required…
- Having exposure to fast growing Fintechs is a big plus, or experience in a large incumbent financial services institution
What the job involves
- We are looking for an ambitious and motivated individual to join Plum as the first internal legal hire into our team to help work on the ‘big bets’ that we want to take across the UK and EU
- You will be part of the CEO’s office, working directly with the Partnerships & Strategy team to scope and execute our biggest strategic initiatives
- This is a fast-paced, think-on-your-feet position. You will interact and build key relationships with business leaders across the company and externally with some of our core partners
- Help to ensure that we have a clear legal basis to ensure that the way we build new products at Plum is Compliant, Operationally efficient, and scales well
- Engage directly with the FCA responding to queries around our products and Operating Model
- Support scoping the new authorisations and permissions that we need, as we scale across the EU and add new products to our platform
- Manage the process of any new authorisations requests that we make
- Support with review of commercial contracts and fundraising on an ad hoc basis
Salary benchmarks
Our take
Consumers are not satisfied with the products being offered by traditional banks, who have proven slow to react to their needs and demands. Plum is one of the increasing number of money management alternatives, offering a platform for users to automate their investments and savings.
The development of fintech in the UK has made the space incredibly competitive, with other companies such as Cleo and Emma trying to solve similar problems. That said, Plum has certainly found its place, with over a million users having downloaded the app. It was also voted Best Personal Finance App at the 2023 British Bank Awards, a testament to its popularity.
The company plans to use its latest funding to accelerate European expansion and heighten its product offering, building a more cohesive customer experience for its app. Most recent developments to the platform include the addition of "Watchlists" and "Price Alerts", two features that aim to further empower people by delivering smart notifications and portfolio control.
Freddie
Company Specialist
Insights
Few candidates hear
back within 2 weeks
35% female employees
7% employee growth in 12 months
Company
Employee endorsements
Flexible working
"Usually going to the office twice a week (since there are really nice perks there too :D). I am also able to work from our offices in Athens and..."
Funding (last 2 of 12 rounds)
Jul 2024
$17.5m
SERIES B
Jun 2024
$2.9m
SERIES B
Total funding: $88.1m
Company benefits
- 25 days paid holidays + UK bank holidays (33 in total)
- We're all in this together! Own part of the company through stock options
- 45 days work from anywhere
- 1 extra day for volunteering
- Our annual team trip, to a secret destination
- Annual training budget
- Free Plum Premium subscription
- Flexible working hours (flexible hybrid remote model)
Company values
- Figure It Out - Creating change is not impossible. Effort, curiosity, and persistence got us where we are today and will get us where we need to be tomorrow
- Make Change Happen - Money will work radically differently from how it does today. When it comes to savings - it will only work the way it should, if we make it happen
- Together We Push - We push each other to a high standard, treat each other fairly, and are constantly evolving into better versions of ourselves. We push new ideas - the old way of money is no longer fit for purpose. We push until it’s done. “Done” is when it’s helping our customers
- No Frills - We’re lean and efficient because we’re here for the long term. Our journey with our customers ends when they retire
- Have Their Back - Plum customers are financially better off people. We look out for them and have their best interests at heart, whilst still having a material impact on their finances. This is why they trust us
Company HQ
London, UK
Articles
Leadership
Victor Trokoudes
(CEO)Previously Head of International Banking at TransferWise. Started their career at Morgan Stanley as a trader. Has an MBA from INSEAD
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