Senior Legal Council

We are looking for a Senior Legal Council, who would like to:

• provide advice and counsel on a variety of FinTech business aspects including, but not limited to, policy, employment, contracts and procurement, corporate matters, commercial transactions, and mergers & acquisitions;
• take responsibility, together with the legal team, for building and maintaining a culture that combines the highest standards of integrity with responsive, practical approaches to furthering the work of PaySociety;

Then we like YOU to join our dynamic PaySociety team.

About us

PaySociety (PS) is soon to incorporate, and will launch its own proprietary Global Payment Network & Associated Services. These new payment solutions will transform the daily payments, including shopping, restaurants, hotels, petrol stations, internet payments, payments for your business, sending funds overseas, by providing transactions which are secure, faster, and at lower cost. Following receipt of appropriate financial licenses, we anticipate a phased launch such that our Global Payment Network will enable associated services at phase 1 covering more than 30 countries, and with further phases reaching up to 70 countries.

Responsibilities

• Manage the Legal Team in order to protect PaySociety's interest by provision of sound advice on legal & compliance aspects to the Business & Services functions;
• contribute in the development process of PaySociety's policies, procedures and controls at various levels through input of legal advice on relevant aspects referred;
• coordinate with External Law firms to pursue legal cases for and against the bank to protect PaySociety's interest;
• identify potential areas of compliance vulnerability and risk avoidance and mitigation (ISO 27001 / 2 / 5); develop and implement corrective action plans for resolution of problematic issues, and provide general guidance on how to avoid similar situations in the future;
• Provide detailed, advice and recommend/ guide business units on legal matters, based on a full understanding of financial processes, including but not limited to KYC, AML, e-Money licensing and ISO standards.
• oversee corporate governance matters;
• help in establishing and maintaining an effective and fully compliant internal control system with federal, state and local statutes and regulations;
• anticipate and guard against legal risks facing the company;
• identify, analyze and report on important legislative and regulatory developments;
• assist PS Management, as appropriate, in various legal proceedings both domestically and internationally;
• write, review, and edit reports, policies, procedures, opinions, correspondence, contracts, and other legal documents;
• write and administer complex vendor, client, and employment contracts as needed;
• respond to government investigations and queries as the principal point of contact;
• manage external counsel and general litigation; provide input on the decision whether to send matters to outside counsel and assist in the oversight of outside counsel as necessary;

Qualifications/Requirements

• 8+ years' post admission experience, ideally with a mix of in-house and law firm backgrounds;
• prior leadership of an in-house legal department a plus;
• experience in developing and implementing internal compliance policies and procedures;
• being an expert in the areas of financial, data privacy, laws and regulations globally that could impact company's business model and affect its growth;
• high standard of legal drafting and negotiating complex commercial agreements;
• experience supporting KYC and AML processes;
• knowledge about ISO standards 27001 / 2 / 5 is an advantage;
• knowledge of patents and trademark issues is desirable;
• strong academic credentials, with law degree from a top law school;
• qualified to practice law and provide legal advice in a major jurisdiction;
• self -driven professional who possesses excellent business judgment, communication and interpersonal skills;
• ability to think creatively, from a legal perspective, on matters such as business strategy and IT development plans to be compliant with legal and regulatory requirements;
• ability to maintain the integrity of the company's reputation with the public, regulatory authorities, and business clients;
• ability and willingness to travel both domestically and internationally as needed; and
• excellent English writing and communicating skills.
• Be able to work in a multi-disciplinary and multi-jurisdictional environment
• Be a self-starter