Regulatory Counsel, Middle East
Airwallex
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Posted 30 min ago
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Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
You will be based in either the United Arab Emirates or Israel, with responsibility for regulatory legal support across the Middle East. This role will focus on advising on complex regulatory issues relating to payments and financial services in key Middle Eastern markets, supporting both local activities and cross border product offerings.
You will support the build out and maintenance of our licensing and registration portfolio in the region by helping to implement appropriate measures and controls and working closely with Regulatory Compliance and other control functions.
You will be a valuable member of the global legal and compliance team and will have the opportunity to support a rapidly growing business and the management team to navigate an increasingly complex regulatory landscape. This dynamic role is ideal for someone who enjoys wearing multiple hats and solving complex issues and blockers for our clients, is detail oriented, willing to take on challenges and changes, obsessively curious and intellectually honest, thrives on taking actions and delivering impactful results, and aims to inspire and be inspired.
RESPONSIBILITIES
- Be responsible for handling regulatory legal issues relating to our business in the Middle East, and for providing strategic advice to cross functional stakeholders relating to existing licences/registrations and potential future licence applications in key Middle Eastern markets.
- Monitor, report, and analyse trends and developments in payments and financial services regulation across the Middle East, actively identifying and anticipating changes that may impact business operations or strategic objectives.
- Partner closely with Product Legal, Regulatory Compliance, Risk and Financial Crime Compliance teams to ensure robust compliance with applicable laws and regulations in the region.
- Support local and global Product, Strategy, and Management teams and regional Commercial teams on new market entry and expansion of regulatory licence(s) in the Middle East, including regulatory mapping and licensing advice.
- Liaise with senior Airwallex stakeholders globally, providing timely, pragmatic regulatory legal advice and risk assessments on business initiatives impacting the Middle East.
- Manage external legal counsel and consultants in the region, ensuring high-quality, cost effective support aligned with Airwallex s business drivers and risk appetite.
- Leverage AI and other tooling to enhance the scale, efficiency and effectiveness of the Regulatory Legal team.
- Provide legal advice on Airwallex s regulatory compliance obligations with respect to ongoing regulatory compliance and submission of regulatory reports and filings in relevant Middle Eastern jurisdictions, partnering with the Regulatory Compliance team to support timely and accurate filings.
- Support government relations outreach to legislators and regulatory agencies in key Middle Eastern markets (e.g. central banks, financial services regulators and free zone regulators), helping to shape policy and regulatory approaches relevant to the business.
Desired Candidate Profile
QUALIFICATIONS
- Qualified lawyer with around 6 8 years of relevant post qualification experience (P3 level).
- Strong regulatory experience gained in the fintech industry, reputable law firms and/or financial institutions, with a focus on payments, e money, FX, remittance and/or card issuing in Middle Eastern markets.
- A mix of private practice and in house experience is ideal but not mandatory.
- Demonstrated success advising on regulatory matters and handling regulatory submissions, filings and regulatory strategy, ideally including direct engagement with central banks, financial services regulators and/or free zone regulators in the Middle East.
- Strong understanding of the financial services regulatory environment in the Middle East, particularly as it relates to payments, remittance, FX, issuing and digital financial services.
- Experience supporting expansion into new markets and launching new regulatory licences in the fintech, payments, or financial services sectors will be advantageous.
- Strong stakeholder management skills, with the ability to work cross functionally and build trust with business, legal, compliance and external counsel stakeholders.
- Proactive, results driven, and ownership oriented, with a clear track record of managing multiple priorities and deadlines.
- Fluent in English, with strong drafting and negotiation skills; additional languages used in the region (e.g. Arabic) are an advantage.
- Ability to influence, explain complex legal topics to non lawyers, and frame business relevant, risk balanced solutions.
- Collaborative team player, embraces managing ambiguity, and thriving in fast paced, evolving environments.
- Experience using, deploying or developing RegTech, LegalTech or AI tools to enhance the legal function is ideal but not mandatory.
Company Industry
Department / Functional Area
Keywords
- Regulatory Counsel
- Middle East
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Airwallex
Airwallex is the only unified payments and financial platform for global businesses. Powered by our unique combination of proprietary infrastructure and software, we empower over 200,000 businesses worldwide including Brex, Rippling, Navan, Qantas, SHEIN and many more with fully integrated solutions to manage everything from business accounts, payments, spend management and treasury, to embedded finance at a global scale. Proudly founded in Melbourne, we have a team of over 2,000 of the brightest and most innovative people in tech across 26 offices around the globe. Valued at US$8 billion and backed by world-leading investors including T. Rowe Price, Visa, Mastercard, Robinhood Ventures, Sequoia, Salesforce Ventures, DST Global, and Lone Pine Capital, Airwallex is leading the charge in building the global payments and financial platform of the future. If you re ready to do the most ambitious work of your career, join us. Airwallex s Regulatory Legal team is a high impact, collaborative group that plays a central role in enabling our expansion and success across the regions we re present in. We support Airwallex s continued growth by providing expert legal guidance on regulatory matters, partnering closely with Product Legal, Regulatory Compliance, Financial Crime Compliance, and other teams to deliver innovative financial products compliantly and at scale.
https://jobs.ashbyhq.com/airwallex/6e3a82fc-bae9-404e-8494-51890d5a7fd5