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General Counsel

We are Vitesse – the treasury and payment partner of choice for insurance. Formed in 2014 by a team of proven FinTech entrepreneurs, we are an FCA-regulated business providing global claim funds management and payment solutions. Operating one of the largest banking and payment settlement networks in the world, we give our customers direct access to 200 countries and currencies. Through a single integration, insurers can use this network to pay claims in as fast as 45 seconds and deliver a superior claimant experience.

Our market-leading treasury proposition provides insurers with transparency and control over their claim funds, even when delegated to third-parties, allowing them to have their money in the right place, at the right time, to make that all-important payment when customers need it most. With over 175 employees across our London headquarters, Europe, and the US, $93m Series C funding secured, and exceeding £10bn in processed transactions, we are only just getting started.

We are collaborative, customer centric and work with integrity, whilst partnering with some of the biggest insurance leaders including Lloyd’s of London and Many Pets. We take huge pride in our company culture, ensuring that everyone has a part to play, an opportunity to be heard, be involved, and the ability to make a real difference. As we continue to scale up, we want like-minded humans to join us on this exciting journey. Are you ready? Why Join Us? We are a high-growth business with a strong, open, and positive culture.

At Vitesse, we combine the fast-paced, innovative energy of a scale-up with the solid foundation of a proven product-market fit and an exciting market opportunity. As General Counsel, you’ll have the chance to build something meaningful, working with a team of passionate individuals committed to driving growth.

Your responsibilities:

• Leadership – Act as senior leader within the organisation and manage the existing legal team

• Commercial – Support the legal counsel with drafting, reviewing and negotiating a variety of commercial agreements to support the wider business (in both the UK and the US).

• Corporate – Work with the CFO and VP Corporate Development on all fundraisings and corporate activity such as M&A, corporate restructuring etc

• Corporate Governance – advise on matters related to corporate governance and ensure compliance with applicable laws and regulations.

• Company Secretarial – Perform company secretarial duties for all entities within the Vitesse Group

• Employment - Assisting with a variety of employment matters, including implementation and administration of the Company's employee incentive schemes, recruitment, disciplinary and grievance matters.

• Regulatory – work with the CRO and Compliance teams to ensure Vitesse stays abreast of global regulatory developments applicable to Vitesse and ensure alignment with these requirements.

• Intellectual Property – Manage and protect the company’s intellectual property, such as trademarks.

• Data Privacy - Act as the Data Protection Officer for Vitesse PSP Ltd

• A commercially aware self-starter who is confident in managing a varied and busy workload and working autonomously

• A team player with a focus on building strong relationships within the business

• Able to prioritise conflicting demands and handle multiple tasks in a fast-paced environment

• You will be >10 years PQE with a broad range of legal experience

• Ideally have a mix of private practice and in house experience (fintech startups/scale up experience preferable)

• Experience working within financial services is very preferrable

    • 25 days Holiday per year (increasing by 1 day per years' service, up to 30 days) + Bank Holidays  
    • Hybrid working arrangements – minimum 2 days in the office, Tuesday - Thursday 
    • Contributory pension scheme  
    • Enhanced Parental leave   
    • Cycle to Work Scheme  
    • Private Medical Insurance with AXA 
    • Unlimited access to therapy sessions through our partner, Oliva   
    • Discounted Gym membership through Gympass 
    • Financial Coaching with Octopus Wealth  
    • 2 days of volunteering leave per year  
    • Sabbatical after 5 years’ service   
    • Life Assurance - MetLife (UK employees only)
    • Ongoing Learning and Development to support you reach your career goals  

We are Vitesse – the payment provider of choice for the insurance and treasury industry.  

Formed in 2014 by a team of proven FinTech entrepreneurs, we are an FCA regulated payments business that is driven to be the payment partner of choice for the insurance market, by providing global payment services and treasury optimisation.  Operating one of the largest domestic banking and payment settlement networks in the world, we give our customers direct access to more than 170 countries and territories, covering over 110 currencies. Through a single integration, insurers can use this network to pay claims in as fast as 45 seconds, delivering a better customer experience to their claimants.  Our market-leading treasury optimisation service brings complete control and transparency to insurers and allows them to have their money in the right place, at the right time, to make that all important payment - fast, and when their customers need it most.   

With now over 160 employees across Europe and our London headquarters, $26m series B funding in 2022 in the bag and approaching £8bn in processed transactions, we are only just getting started.     

We are collaborative, customer centric and work with integrity, whilst partnering with some of the biggest insurance leaders including Lloyd’s of London and Many Pets. We take huge pride in our company culture, ensuring that everyone has a part to play, an opportunity to be heard, be involved, and the ability to make a real difference.   

As we continue to scale up, we want like-minded humans to join us on this exciting journey.  Are you ready?  

Vitesse at our best – our values 

The Vitesse values are a true reflection of what it takes to thrive in our business, so it’s important to us that any employee who joins our business is aligned with these 3 attributes 

Confident Humility 

We don’t do ego and we know that unless we all win, none of us win. We admit when we’re wrong, ask for help and always think about the wider business before ourselves.

Driven to Succeed 

We see the opportunity ahead of us and we won’t stop until we fulfil the potential we know we have. We hold ourselves to high standards and deliver high quality outcomes for Vitesse and our customers.  

Tenacious Responsibility 

We take ownership for our actions and decisions, and face into the challenges that come our way. We are committed to seeing things through to completion, even in the face of adversity. 

We are an Equal Opportunity Employer  We are committed to creating an inclusive environment that enables everyone to perform at their best, where we recognise the rights of all individuals to mutual respect and where there is an unbiased acceptance of others. Our policies and practices aim to promote an environment that is free from all forms of Unfair discrimination and values the diversity of all people. At the heart of our policy, we seek to treat people fairly and with dignity and respect.  

What You Should Know About General Counsel, Vitesse PSP

Vitesse is on the hunt for an accomplished General Counsel to join our vibrant and growing team! If you’re looking for a role that truly makes an impact while working in the dynamic world of FinTech, this is it. As the General Counsel at Vitesse, your days will be filled with leadership, where you’ll manage a talented legal team and play a crucial role in our mission of supporting the insurance sector with first-class treasury and payment solutions. You’ll dive into drafting and negotiating commercial agreements, navigating corporate governance, and collaborating with our CFO on pivotal corporate activities such as fundraising and M&A. Your expertise will also come into play as you advise on regulatory changes that affect our business on a global scale and manage our intellectual property. At Vitesse, we believe in fostering a collaborative culture where your insights matter and every voice is valued. You’ll thrive in an environment that encourages innovation and growth, with the opportunity to build something meaningful. With a solid track record in legal counsel, ideally within financial services, you'll help us ensure that every payment is executed swiftly and seamlessly. So, if you’re a self-starter with a focus on teamwork and relationship building, and if you’re ready to join a company that prioritizes your professional development and well-being, then we’d love to hear from you. Join us at Vitesse and let’s redefine how payments are made in the insurance industry together!

Frequently Asked Questions (FAQs) for General Counsel Role at Vitesse PSP
What are the key responsibilities of the General Counsel at Vitesse?

As the General Counsel at Vitesse, you will be responsible for leading the legal team, drafting and reviewing commercial agreements, advising on corporate governance, and ensuring compliance with laws and regulations. You will also assist with employment matters and manage the company’s intellectual property to safeguard our innovations.

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What qualifications are needed to become General Counsel at Vitesse?

To qualify for the General Counsel position at Vitesse, candidates should have over 10 years of post-qualification experience (PQE), ideally with a mix of private practice and in-house experience. Experience in financial services and familiarity with FinTech environments are highly desirable.

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How does Vitesse support work-life balance for its General Counsel?

Vitesse promotes work-life balance through hybrid working arrangements that allow for at least two days in the office per week, along with generous holiday allowances and wellness benefits such as private medical insurance and access to therapy sessions.

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What is the company culture like at Vitesse for the General Counsel role?

The culture at Vitesse is collaborative and inclusive, where every team member has a voice. As General Counsel, you’ll join a supportive environment that values driven individuals who are eager to succeed while fostering an atmosphere of confidence and humility.

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What growth opportunities exist for the General Counsel at Vitesse?

At Vitesse, the General Counsel has ample opportunities for professional growth, including involvement in strategic decision-making, ongoing learning and development programs, and a clear path for career advancement as the company continues to scale up and innovate in the FinTech space.

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Common Interview Questions for General Counsel
What motivated you to apply for the General Counsel position at Vitesse?

Share your passion for FinTech and why Vitesse's mission resonates with you. Highlight your desire to be part of a transformative company and how your background aligns with the team’s goals.

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Can you describe your experience with corporate governance?

Discuss specific examples where you have advised on corporate governance. Explain how you ensured compliance with regulations and improved governance practices within your previous organizations.

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How do you prioritize legal tasks in a fast-paced environment?

Illustrate your organizational strategies and prioritization skills, possibly mentioning tools or methods you use to manage conflicting demands effectively without sacrificing quality.

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What experience do you have with intellectual property management?

Highlight your previous roles where you managed and protected intellectual property, providing examples of trademarks or patents you have successfully overseen.

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How would you handle a disagreement with a senior executive about a legal strategy?

Emphasize your ability to communicate clearly and diplomatically while advocating for legal best practices. Provide an example of how you diffused a similar situation in the past.

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What is your approach to ensuring compliance with global regulatory developments?

Explain your methods for staying updated on regulatory changes, such as participating in industry seminars, or collaborating with compliance teams to align policies with evolving requirements.

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Can you discuss a complex contract you've negotiated?

Provide details on a specific contract negotiation where you had to balance competing interests, showcasing your negotiation skills and how you achieved a favorable outcome.

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What role do you think a General Counsel should play in employee relations?

Discuss the importance of supporting HR in employment matters, ensuring that legal frameworks are in place for recruitment and grievances, thus fostering an equitable workplace.

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How do you manage your workload and productivity?

Share specific techniques you use to maintain productivity, such as task management software, setting milestones, or effective delegation when leading a legal team.

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What do you believe are the biggest challenges facing legal departments in FinTech?

Talk about unique challenges such as adapting to rapid technology changes, ensuring compliance without stifling innovation, and the importance of being proactive in risk management.

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Vitesse PSP provides cross-border payment services to banks and businesses via a globally distributed settlement network. The company is based in the UK.

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Full-time, hybrid
DATE POSTED
January 15, 2025

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