Legal Counsel (Licensing & Regulatory)

At WhiteTech, we empower businesses in the financial ecosystem with cutting-edge white-label and SAAS solutions.Our comprehensive suite of tools is tailored for EMI, PSP, e-commerce, and open banking platforms. With WhiteTech, clients gain access to a platform designed for flexibility, scalability, and seamless integration.Our mission is to help businesses unlock their full potential in a rapidly evolving financial landscape.Whether scaling your PSP, enhancing your EMI services, or diving into open banking, WhiteTech is your partner for innovation and growth.We are a remote-first technology company and welcome applications from candidates across Europe, including the EEA, the UK, Switzerland, and other non-EEA European countries such as Ukraine, Moldova, Georgia, Armenia, Montenegro, Turkey, and the Western Balkans. We also consider applicants from different locations who can work within Central European Time (CET).Your role and impact:We seek a highly experienced compliance professional to oversee and manage all aspects of financial licensing, regulatory compliance, and risk management for our company. The ideal candidate will have a strong legal background and a proven track record in the financial industry.Your regular tasks:Drive and be in charge of financial licensing processes in the EU and Great BritainMaintain and open a correspondent accountsDeal with complex legal requests and RFIs (banks, authorities)Record keeping and structuring of the company’s relevant documentation and informationServe as a main liaison for correspondence with local law firms, auditors, regulatorsStay abreast of all applicable financial regulations, including banking, EMIs, PIs, PASEP, anti-money laundering (AML), know your customer (KYC), and data protection lawsDevelop and implement corporate compliance and governance programs applicable to the group of companiesOngoing updating compliance program according to requirements of company regulatorsBe in charge of regulatory reporting, AML and other relevant auditsBe in charge of company governance policies and regulatory responsibilities updatesBe in charge of the licensing process during the expansion to the new regionsImproving company policies according to applicable regulatory standards across KYB, AML, Anti-Fraud and compliance functionsConduct audits prior to relationships with third-party vendors, service providers, financial providers, banks, payment systems and partnersReport regularly to the CEO in relation regulatory issues and/or proposalsLead the response to crises and emergencies, maintaining business continuity and minimizing risksExperience:Minimum of 5 years of experience in roles such as Legal Counsel/Regulatory ComplianceOver 3 years of professional experience in regulated companies, with a track record of acquiring and maintaining EU/UK EMI, bank or PI licensesProven experience in enhancing company compliance with regulatory obligations, ideally having worked in organizations that transitioned from startup to established enterprise levelsProficiency in technology and a solid understanding of fintech-related software and systems, including blockchain, payment processing, cybersecurity, and anti-fraud measures.Experience with opening international bank accounts, correspondent bank accounts, communication with regulatorsExcellent communication skills to interact with internal teams, external partners, and regulatory bodies, with the ability to convey complex financial and technical information clearlySkills:Understanding of international corporate law, general tax principles, due diligence for corporate entities, and EU licensing and compliance principlesExceptional leadership skills to build and manage cross-functional teams effectivelyDeep knowledge of dealing with audits, correspondent and corporate bank accounts etcDeep knowledge of FinTechA history of fostering a collaborative and innovative culture within organizationsKnowledge and experience with cybersecurity and fraud policies and practices implementationFamiliarity with CRM systems, such as Jira or similar toolsPrevious experience in regulated companies and achieving financial, banking, or other licensing in EU or UK, or other developed countries/regions is a significant advantageEducationA master’s degree in Law or a related field is preferredCompliance courses in AML would be a plusLanguage SkillsProficiency in English (C1 Fluent) and knowledge of other languages is an advantageAdvantages of working with usJoin a team of talented individuals who are deeply committed to their roles and the company’s missionEmbrace an innovative approach to processes and problem-solving, driven by ambitious goals and plansWork in a collaborative environment dedicated to delivering superior products that meet and exceed customer expectationsEnjoy a workplace that fosters autonomy and trust, empowering you to take ownership of your responsibilitiesOur recruitment process typically follows these stages:Application screeningInterview Stages (2-3 weeks):Prescreening call (40 min)Technical Interview (60 min)Vision and Strategy Interview with C-level managersJob OfferReferrals: Employment and Background CheckWe offer:Competitive compensation package (commensurate with your experience)Access to paid corporate English lessons (through Preply)19 business days of flexible Paid Time Off (PTO)Fully remote work with flexible hours (within the CET time zone) from any location of your choiceValues-driven culture with a friendly and supportive work environmentOpportunity to regularly participate in conferences and community events as both a participant and contributorMatrix organizational structure designed to streamline communication, remove barriers, and promote efficiencyEmbrace the opportunity to develop your skills in a cutting-edge fintech environment.Please apply now to be part of our dynamic team and make a tangible impact on the future of payments!Let’s build something great together!Originally posted on Himalayas

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