Legal Counsel - Cape Town, South Africa - Stitch Money (Pty) Ltd

Description

About Stitch

Creating innovative financial products is incredibly difficult today, and we believe that unlocking the way people interact with their finances starts with enabling developers with the tools and infrastructure needed to execute on their vision.

Stitch is a developer-first API startup with a mission to deeply connect financial systems with the wider world.

We provide an API which allows third-party apps and websites to interact with their user's financial accounts in ways that unlocks the ability for companies across Africa to build innovative technology products quickly.

The
Legal Counsel provides legal advice, support, and guidance to the organisation.

The Legal Counsel drafts, reviews, and revises business related contracts, provides assistance with regulatory advisory and assists the Legal, Regulation and Compliance team with implementing compliant policies and procedures.

The Legal Counsel works closely with the Head of Legal.


Reporting line
Head of Legal


Division
Enabling


Department
Legal, Regulatory & Compliance


Probation Period
3 months


Notice Period
1 calendar month


Job level
IC3


Competency framework
Enabling Competencies


Key responsibilities

• Reviewing, negotiating, and drafting a range of commercial contracts, such as service agreements, partnership agreements, and other business agreements
• Working closely with the Business Development and Customer Success teams at various stages of the contracting process

This includes:

• Prepare contract summaries, stakeholder briefing documents, and risk reports
• Advise on legal issues regarding contracts
• Assist with contract renewals and termination
• Communicating and negotiating with external parties (partners, external counsel, and external clients)
• Advising on the relevant regulation & legal frameworks required for Stitch's business models and products
• Assisting with the implementation of riskbased compliance frameworks

Requirements:

• Legal qualification and 25+ years working experience as an inhouse legal counsel or with a law firm
• Demonstrable commercial experience
• An agile professional with a strong sense of proactivity and an investigative mindset
• Professional experience that covers a broad range of legal and commercial issues across a variety of business functions
• Accustomed to operating with business stakeholders on complicated matters in a fastpaced environment
• A successful track record of aligning legal priorities with organisational objectives
• Outstanding negotiation skills and contract drafting
• A strong understanding of technologicallyrelated legislation (e.g., POPIA)
• An keen interest in the financial services or FinTech industry

Benefits:


Remote-Flexible
At Stitch, we want our team members to be able to work from anywhere.

As a business with continental (and eventually global) ambitions, we firmly believe that putting the best team together involves letting both current and future Stitches work from where they want to.

You'll have the opportunity to work from one of our offices (Cape Town & Johannesburg) if you wish or remotely.

Remote team members will have the opportunity to visit our offices regularly where we have team lunches every day Friends, family, pets - everyone's invited


Stock Options

We want to ensure that you own a part of this company, as your work will drive the fabric of the business.

Medical Aid
Stitch contributes and provides medical aid coverage for all team members.


Equipment
All Stitchers receive a state of the art laptop (e.g. MacBook Pro) along with a $200 budget to spend on a keyboard and mouse of your choice.


Culture & Values
Stitch has a culture that emphasizes sustainable processes, kindness, and work-life balance.

We value diversity in all its forms and believe that a broad range of lived experiences makes our team and product stronger.

This is especially important to us as our leadership team includes diverse racial backgrounds and members of the LGBTQ+ community.

-
Our Investors
Stitch is a well-funded venture-backed startup.

Our network of global investors include the co-founders of Venmo, Klarna and Flutterwave, and founding team members from Plaid and Revolut.

Our network of investor funds include firstminute capital, Raba Partnership, CRE and Village Global, bringing backing from LPs such as Bill Gates, Mark Zuckerberg, Eric Schmidt and Jeff Bezos.

This funding gives us the capital to make sure that all employees are empowered to do their jobs, and incorporates industry veterans who will help us grow and operate a multinational fintech startup.

‍
Developers
We care deeply about developer experience and aim to provide tools and systems that software engineers will rave about.

The team has collectively had a great deal of experience building fintech and developer-facing products in Africa and other emerging markets.