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 Britain
• Maintain and open a correspondent accounts
• Deal with complex legal requests and RFIs (banks, authorities)
• Record keeping and structuring of the company’s relevant documentation and information
• Serve as a main liaison for correspondence with local law firms, auditors, regulators
• Stay abreast of all applicable financial regulations, including banking, EMIs, PIs, PASEP, anti-money laundering (AML), know your customer (KYC), and data protection laws
• Develop and implement corporate compliance and governance programs applicable to the group of companies
• Ongoing updating compliance program according to requirements of company regulators
• Be in charge of regulatory reporting, AML and other relevant audits
• Be in charge of company governance policies and regulatory responsibilities updates
• Be in charge of the licensing process during the expansion to the new regions
• Improving company policies according to applicable regulatory standards across KYB, AML, Anti-Fraud and compliance functions
• Conduct audits prior to relationships with third-party vendors, service providers, financial providers, banks, payment systems and partners
• Report regularly to the CEO in relation regulatory issues and/or proposals
• Lead the response to crises and emergencies, maintaining business continuity and minimizing risks

Experience:

• Minimum of 5 years of experience in roles such as Legal Counsel/Regulatory Compliance
• Over 3 years of professional experience in regulated companies, with a track record of acquiring and maintaining EU/UK EMI, bank or PI licenses
• Proven experience in enhancing company compliance with regulatory obligations, ideally having worked in organizations that transitioned from startup to established enterprise levels
• Proficiency 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 regulators
• Excellent communication skills to interact with internal teams, external partners, and regulatory bodies, with the ability to convey complex financial and technical information clearly

Skills:

• Understanding of international corporate law, general tax principles, due diligence for corporate entities, and EU licensing and compliance principles
• Exceptional leadership skills to build and manage cross-functional teams effectively
  Deep knowledge of dealing with audits, correspondent and corporate bank accounts etc
  Deep knowledge of FinTech
• A history of fostering a collaborative and innovative culture within organizations
• Knowledge and experience with cybersecurity and fraud policies and practices implementation
• Familiarity with CRM systems, such as Jira or similar tools
• Previous experience in regulated companies and achieving financial, banking, or other licensing in EU or UK, or other developed countries/regions is a significant advantage

Education

• A master’s degree in Law or a related field is preferred
• Compliance courses in AML would be a plus

Language Skills

• Proficiency in English (C1 Fluent) and knowledge of other languages is an advantage

Advantages of working with us

• Join a team of talented individuals who are deeply committed to their roles and the company’s mission
• Embrace an innovative approach to processes and problem-solving, driven by ambitious goals and plans
• Work in a collaborative environment dedicated to delivering superior products that meet and exceed customer expectations
• Enjoy a workplace that fosters autonomy and trust, empowering you to take ownership of your responsibilities

Our recruitment process typically follows these stages:

1. Application screening
2. Interview Stages (2-3 weeks):
   • Prescreening call (40 min)
   • Technical Interview (60 min)
3. Vision and Strategy Interview with C-level managers
4. Job Offer
5. Referrals: Employment and Background Check

We 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 choice
• Values-driven culture with a friendly and supportive work environment
• Opportunity to regularly participate in conferences and community events as both a participant and contributor
• Matrix organizational structure designed to streamline communication, remove barriers, and promote efficiency

Embrace 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!