We are looking for a Head of Legal to join our team and build out our legal function to support our strategic decision making
We’re a fast-growing team of experienced tech, finance and data science specialists, based in London and Paris, at the early stage of our adventure. Our product addresses a massive opportunity - fixing B2B payments. We already have a list of stellar clients and we’re now embarking on a rapid scale-up journey across Western Europe. We’re well funded too, having just completed our Series A.
Now, the serious business bit…
We’re bringing B2B commerce into the 21st century by modernising the way businesses buy from each other. In short, we make it easier and safer for merchants to offer credit terms to their business customers. A bit like a “buy now pay later” for B2B.
Almost 60% of B2B trade currently takes place on credit terms. Yet, current processes for offering trade credit are outdated and not fit for the digital age. We solve these issues by offering B2B merchants a powerful set of tools, allowing them to offer credit terms to their business customers instantly through a frictionless checkout experience. Merchants that have already integrated with us see on average a 40% increase in revenues... and we’re only just getting started.
Hokodo solves a massive issue for B2B trade in general, and particularly for B2B online trade. B2B trade represents $12 TN p.a. in Western Europe. $680 BN of these sales happen online, generating a $15 BN revenue opportunity for Hokodo, which is set to double every 5 years.
In this role, you will:
-Support the management team with strategic decision making on topics such as international expansion or new product development
-Scope partnership and define respective roles & responsibilities
-Work closely with the company’s CEO and VP Finance in strategic and complex commercial transactions, leading the legal structuring, negotiation and contracting
-Manage our relationships with external legal advisers, and ensure our legal spend is optimised
-Ensure that legal risks are managed and that appropriate documentation is used in relation to topics such as:
- Loan agreements and insurance policies issued to customers
- Commercial contracts entered into with suppliers and partners
- Employment contracts, share option incentives etc.
- Company filings
-Develop best practices and training to help the business manage legal risks. Support the implementation of improved processes and discipline in the commercial organisation.
The experience you’ll need:
-At least 5 years experience post-qualification as a lawyer in the UK or EU
-Proven track record including working in-house within the financial services sector (either fintech or established FS firm)
-Exposure to work in an international environment, including within regulated sectors
-Experience drafting, negotiating or managing complex transactions such as equity or debt financing
-Strategic thinker who can evaluate complex trade-offs to reach pragmatic implementable recommendations
-Ability to deal with ambiguity and work well in a fast-paced environment, without sacrificing attention to detail
-Comfortable managing complex internal and external stakeholder relationships including with senior lawyers, distributors and internal stakeholders through strong written and verbal communication skills
We love what we do and always aspire to be the best at it. We're passionate about making our industry better and aren't afraid of the competition, Hokodo is more than a place to work. We pride ourselves on our culture of down to earth, humble employees who are always willing to go the extra mile to help each other out!
-Own the Outcome - We act like owners. We’re committed to our tasks, and take pride in the outcome. We’re proactive. It’s never “not my job”. We don’t hide behind procedures and choose to abide by the spirit not the letter. We are bold, we are brave, and we embrace change in all its forms.
-Trust and Build Trust - We are committed to earning and fostering trust through honest communication and deliberate actions. We‘re reliable and do what we say we will do. We support our team and value each other’s time, input, and take local decisions where possible.
-Never Be Satisfied - We challenge the norms and act boldly, even if it means failing. We are reflective, always learn from our mistakes, and continuously seek feedback and ways to improve. We are inquisitive and curious. We want to teach and be taught. When something’s not quite right, we crave to fix it. We are not afraid of tough discussions, we’re open to being challenged, and challenge openly.
-No Passion, No Point - We bring passion and energy to everything we do. We get a lot done, and we have a good time doing it. We take every opportunity to celebrate our hard work, our wins - and some of our failures too!
-Be Genuine (No BS) - We are truthful and honest in our actions. We embrace and respect our individuality and encourage people to speak their mind. We are transparent and committed to doing what’s best for each other, our customers and our company. We show our team members consideration and respect, and always assume good intent. Put simply, we care.
What’s in it for you…
We’re offering the chance to really make a difference. The opportunity for personal growth in a fast-moving startup is very real. Your opinion and feedback will be heard and valued. You'll feel a part of a very special family, so we would like you to work from our offices in London or Paris a couple of days a week.
We offer a highly competitive salary and benefits package, including share options.