Product Legal Counsel

Our Mission

Money sitting idle is money lost. We're fixing that.

Founded in 2023 by Antoine and Paul-Adrien, Spiko gives businesses, non-profits, financial advisers, and fintechs access to institutional-grade cash management, via app or API. We are building the full infrastructure: issuing, operating, and distributing the products ourselves.

Two years after launch, we serve thousands of organizations across Europe and process hundreds of millions of euros in flows every month.

Our ambition: become the world's leading treasury management infrastructure in a market worth trillions.

We are backed by Index Ventures, the CEO of Revolut, the founder of Kyriba, and the CTO of Wise.

Spiko runs on excellence, transparency, and straight talk.

The role: Product Legal Consel

Spiko is scaling fast. Launching new products and closing commercial partnerships with fintechs is a key part of our strategy.

Our flagship product is Spiko Embedded. Spiko Embedded lets partners offer institutional-grade yield to their customers through our API - fintechs, wealth managers, benefits, and treasury platforms: anywhere client money sits idle. It's our newest distribution line, alongside Spiko Direct, and strategically key: the cash we are targeting with Spiko Embedded sits behind other companies' products.

Every Embedded partnership is a complex B2B negotiation with another fintech, spanning commercial terms, regulatory structuring across jurisdictions, and product customisation. We need someone to own the legal and regulatory work behind it.

You’ll report to the Head of Legal & Compliance, and join as one of the early members of the legal team. Day-to-day, you’ll work hand in hand with the Head of Spiko Embedded, and closely with the Embedded Sales, Partnership, and Product teams.

Success means Spiko can design, structure, and launch Embedded partnerships with tier-1 fintechs on schedule, with the legal and regulatory groundwork in place from day one.

Key Responsibilities

Legal lead on Spiko Embedded

• You will draft, review, and negotiate the partnership agreements underlying Spiko Embedded: distribution agreements, SLAs, data and marketing appendices, and the partner-specific terms each deal requires.

• You will structure each partnership against the applicable regulatory model and translate that into contract and product requirements.

• You will engage with Product and Engineering early so that partner needs and regulatory constraints are reflected in how the product is built, and so each integration is faster than the last.

• You will be the legal counterpart for our partners' legal and compliance teams throughout negotiation and onboarding.

Product Development & Legal Structuring

• Beyond Spiko Embedded, you will lead the legal review and structuring of new products and features, partnering with Product and Engineering from early design through launch.

• You will proactively engage with EU and UK regulators to make sure new products are built in a way that is consistent with applicable financial regulation (MiFID, PSD2/EMD2, DORA), working closely with the Regulatory Counsel where licensing or passporting is involved.

Regulatory & Product Compliance

• In partnership with the Compliance team, you will handle the regulatory compliance of our products, including drafting/updating operational procedures, product terms and conditions, and reviewing product-related marketing or technical content.

• This includes maintaining registers, auditing counterparties and partners, and supporting regulatory reporting tied to product activity.

Who we’re looking for

Requirements (must-haves):

Requirements (must-haves):

• Academic background: you graduated from a law university or a business school, ideally with a degree in banking and financial law.

• Experience: at least 5 years of experience as a product/commercial legal counsel in a fintech or banking/financial institution, or in the financial services or technology practice of a law firm.

• Knowledge of financial regulation: strong understanding of the main regulatory frameworks that are relevant to Spiko's products (i.e., predominantly MiFID/MiFIR, and secondarily PSD2/EMD2, MiCA and DORA).

• Contractual negotiation expertise: you have a track record of leading complex B2B contractual negotiations between fintechs or financial institutions

• Versatility: as one of the first members of our legal team, you will support product legal work across several jurisdictions and regulatory frameworks.

• Mindset: highly ambitious and eager