Legal Counsel (Fintech)

Responsibilities

• Ensure organizational compliance with Electronic Money Institution (EMI) License and Money Lending License requirements.
• Oversee adherence to Money Lending Act, Financial Service Act 2013, Anti Money Laundering Act (AMLA), Personal Data Protection Act 2010 and Bank Negara Guidelines and Regulations.
• Establish and maintain regulatory and compliance system, policies and procedures in Malaysia.
• Ensure all regulatory requirements are met and submitted within the stipulated timeline.
• Assist in drafting and reviewing various agreements and legal documents to safeguard the company’s interest across all of the company’s business areas.
• Provide comprehensive legal support for diverse business operations.
• Work closely with business and product team in Malaysia and China to develop and maintain financial product in Malaysia.
• Lead applications for and maintenance of payment institutions, payment system, e money licenses and other fintech-related business licenses in Malaysia.
• Serve as the primary liaison with regulators, including coordination for any regulator’s inspection.
• Conduct compliance training program for employees from time to time to ensure company-wide understanding of regulatory requirements.
• Perform other duties as assigned.

Qualifications

• At least a Bachelor’s Degree in law or equivalent.
• At least 3-5 years of working experience in in-house or private practice specializing in the area of cooperate, commercial and regulatory compliance.
• Knowledge of fintech, payment system, money transmitter licensing, loans, and similar legal and regulatory requirements in key strategic markets in Malaysia.
• Team player and ability to work independently.
• Ability to work under pressure and meet deadlines, detail-oriented.
• Excellent written and verbal communication skills in English and Bahasa Malaysia.
• Proficiency in Mandarin is preferred.