Legal Counsel (Licensing & Regulatory)

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Requirements:

• Minimum of 5 years of experience in roles such as Legal Counsel or Regulatory Compliance.
• Over 5 years of professional experience in regulated companies, with proven track record of acquiring and maintaining EU/UK EMI, bank or PI licenses.
• Experience in enhancing compliance with regulatory obligations, preferably in organizations transitioning from startup to established enterprise levels.
• Proficiency in technology and solid understanding of fintech-related software and systems, including blockchain, payment processing, cybersecurity, and anti-fraud measures.
• Experience with opening international bank accounts and liaising with regulators.
• Excellent communication skills for interaction with internal teams and regulatory bodies.

Responsibilities:

• Drive and manage financial licensing processes in the EU and Great Britain.
• Maintain and open correspondent accounts.
• Handle complex legal requests and RFIs from banks and authorities.
• Maintain relevant documentation and information.
• Serve as the main liaison for local law firms, auditors, and regulators.
• Stay updated on financial regulations including AML, KYC, and data protection laws.
• Develop and implement corporate compliance and governance programs.
• Update compliance programs as per regulatory requirements.
• Manage regulatory reporting, AML audits, and company governance policies.
• Lead the licensing process during regional expansions.
• Enhance company policies according to regulatory standards across KYB, AML, Anti-Fraud and compliance functions.
• Conduct audits with third-party vendors and financial partners.
• Report regularly to the CEO regarding regulatory matters.
• Lead crisis responses to maintain business continuity and minimize risks.