Legal Counsel (FinTech, EMI)

Main Responsibilities

– Drive and be in charge of financial licensing processes in the EU, UK and other regions

– Maintain and open a correspondent and operational bank account(s)

– Deal with complex legal requests and RFIs (banks, authorities)

– Stay abreast of all applicable financial regulations, including banking, EMIs, PIs, PASEP, anti-money laundering (AML), know your customer (KYC), and data protection laws and implement necessary changes

– Update compliance programs according to the requirements of the company regulators

– Be in charge of regulatory reporting, AML and other relevant audits

– Be in charge of company governance policies and regulatory responsibilities updates

– Be in charge of the licensing process during the expansion to the new regions

– Record keeping and structuring of the company’s relevant documentation and information

– Develop and implement corporate compliance and governance programs applicable to the group of companies

– Improve company policies according to applicable regulatory standards across KYB, AML, Anti-Fraud and compliance functions

– Draft agreements, such as NDA, MSA, Employment Agreement, Outsourcing agreement, Loan Agreement, Outstaffing Agreement, etc

– Serve as a primary liaison for correspondence with local law firms, auditors, and regulators

– Conduct audits before relationships with third-party vendors, service providers, financial providers, banks, payment systems and partners

– Report regularly to the CEO and head of operations on regulatory issues and/or proposals

– Lead the response to crises and emergencies, maintaining business continuity and minimising risks

Mandatory Requirements

– Minimum of 3 years of experience in a Legal Counsel/ Legal Advisor/Lawyer position in regulated companies, with a track record of acquiring and maintaining EU/UK EMI, bank, payment companies or PI licenses

– Understanding of international corporate law, general tax principles, due diligence for corporate entities, and EU licensing and compliance principles

– Proven experience in enhancing company compliance with regulatory obligations, ideally having worked in organisations that transitioned from startup to established enterprise levels

– Experience opening international bank accounts, correspondent bank accounts, and communication with regulators

– Experience drafting agreements, such as NDA, MSA, Employment Agreement, etc

– Experience dealing with audits, correspondent and corporate bank accounts, etc

– Fluent level of English proficiency

– Master’s degree in law

As a plus

– Knowledge of the regulatory framework in Malta or experience working with the MFSA

– Familiarity with the legal aspects of digital payments, anti-fraud measures, and transaction monitoring

We offer

• Empowerment Through Professional Development:
  • Monthly investment in your English learning
  • Yearly allocation for advancing your professional expertise
• Unlock Your Potential:
  • Transparent career growth with opportunities to achieve (based on exceptional performance)
  • Performance reviews are anchored in KPIs, ensuring recognition is merit-based
• Make a Lasting Impact:
  • Work on unique projects where your contributions can reshape company-wide processes
  • Bring your ideas to the table and earn exceptional bonuses
• Flexible and People-Centric Culture:
  • Days of paid vacation annually, with the flexibility to transfer unused days or receive compensation
  • Days of paid sick leave annually, accommodating emergencies and medical needs
  • Additional holidays aligned with your local calendar
• Compensation & Incentives:
  • Multiple payment options, including Private Entrepreneurship accounts or popular e-wallets
• Ownership & Initiative: Specialists who take charge and make a difference
• Collaboration & Communication: Together, we achieve more by sharing ideas and insights