At a Glance
- Tasks: Provide legal advice on fintech regulations and support product development in a fast-paced environment.
- Company: Join OpenFX, a cutting-edge fintech startup revolutionising cross-border payments.
- Benefits: Competitive salary, equity options, and a collaborative work culture focused on growth.
- Other info: Diverse and inclusive workplace with opportunities for personal and professional development.
- Why this job: Shape the future of global finance while tackling complex legal challenges.
- Qualifications: 7+ years legal experience with strong fintech knowledge and excellent communication skills.
The predicted salary is between 100000 - 120000 £ per year.
OpenFX is on a mission to move money as freely as data, unrestricted by time zones, banking hours, or legacy systems. We are building the infrastructure that will power the next generation of cross-border payment systems for institutions. The team's execution has been exceptional, and we're scaling at a remarkable pace.
We're seeking an exceptional Legal Counsel to serve as a strategic partner and legal advisor across our business, with a particular focus on licensing (MiCAR / PSD2), financial product development and financial partnerships. This role combines the intellectual challenge of navigating cutting-edge financial technology with the opportunity to shape legal strategy in the early stages at a high-growth company.
Key Responsibilities:
- Product Legal: Advise product and engineering teams on the legal and regulatory aspects of product design, development, and launch, with a particular focus on payment and banking products. Translate complex regulatory requirements into clear guidance that helps teams build compliant products while growing rapidly.
- Regulatory & Licensing Strategy: Partner closely with business teams and compliance to develop and execute licensing and market entry strategies across the EU and UK. Provide practical, forward-thinking regulatory guidance on the complex and evolving regulatory landscape for payments, money transmission, cryptocurrency, foreign exchange, and cross-border transactions across global markets.
- Corporate & General Legal Matters: Provide comprehensive legal support across the full range of corporate legal matters impacting the company, including corporate governance and board matters, employment and HR issues, privacy, intellectual property, fundraising and strategic transactions.
- Cross-Functional Partnership: Serve as a strategic business partner to leadership, product, engineering, and growth teams. Manage external counsel and consultants efficiently to support the business with cost-effective, high-quality legal services.
What we are looking for:
- 7+ years of legal working experience (in-house or private practice).
- Excellent academic credentials and a traineeship at a top-tier law firm.
- Experience advising fintechs and/or other financial institutions.
- Strong knowledge of financial services regulations and payments regulations.
- Proven ability to provide practical, business-oriented legal advice that appropriately balances risk with commercial objectives.
- Excellent analytical and problem-solving skills combining creativity with meticulous attention to detail.
- Outstanding written and verbal communication skills.
- Self-starter who thrives in fast-paced, ambiguous environments and takes ownership of work.
- Strong project management skills and ability to manage multiple priorities and execute quickly.
What helps you stand out:
- Knowledge and experience with cryptocurrency and/or Banking as a Service (BaaS) products.
- Startup or high-growth company experience.
- Significant experience with international regulatory regimes and cross-border transactions.
What We Offer:
- Competitive salary and benefits package.
- Equity in a rapidly growing company.
- Opportunity to work in a fast-paced startup at the forefront of fintech innovation.
- Opportunity to make a significant impact on global financial infrastructure.
- Collaborative work culture with emphasis on personal and professional growth.
We are committed to building a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Legal Counsel (Netherlands or U.K) in London employer: OpenFX
OpenFX is an exceptional employer, offering a dynamic work culture that thrives on innovation and collaboration. As a Product Manager in London, you'll be at the forefront of cross-border payment solutions, with ample opportunities for professional growth and direct impact on revenue through currency expansion. Join a high-calibre team backed by top-tier investors, where your contributions will shape the future of financial infrastructure in Europe.