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Counsel, Product Legal

About 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 100,000 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 1,500 of the brightest and most innovative people in tech located across more than 20 offices across the globe. Valued at US$5.6 billion and backed by world-leading investors including Sequoia, Lone Pine, Greenoaks, DST Global, Salesforce Ventures and Mastercard, 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.

About the team

Airwallex’s global Regulatory Legal & Compliance Team works cross-functionally and across multiple jurisdictions to develop and execute regulatory strategies that facilitate expansion into new markets and sustainable growth of Airwallex’s operations worldwide. The team is responsible for applying for new regulatory licenses as we expand in product suites and geographic regions, and for putting in place robust regulatory compliance measures and programs.

What you'll do

As Senior Counsel in Product Legal, you will be a valuable member of the global Product Legal team and will help our rapidly growing business navigate an increasingly complex regulatory landscape. Although you will be based in the US, you will have multi-regional responsibility by supporting our product and partnership strategy and advising on complex technology transactions in EMEA and APAC.  You will build strong business relationships with business teams and understand the business environment. When you don’t know the answer, you’ll know how to obtain the answer and explain it to business partners. This dynamic role is ideal for someone who enjoys wearing multiple hats and solving complex issues  for our internal and external partners, 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. Experience in fintech or payments is welcomed, as is a demonstrated passion for mastering something new. Relevant subject-matter expertise may include knowledge of payments, card networks, and banking. 

This hybrid role is based in San Francisco or New York City. 

Responsibilities:

  • Provide advice and support to the product team, local legal teams, support functions, Airwallex management, and the Legal, Risk, and Compliance Department.

  • Coordinate with local counsel across jurisdictions such as Australia, Singapore, Hong Kong, The U.S., The UK., and The European Union to discern and devise optimal paths to market from a legal and regulatory perspective

  • Liaise with senior stakeholders of the Airwallex group, located around the world.

  • Manage external counsel and consultants on regulatory matters.

  • Support negotiations on complex and novel agreements with our strategic partners

  • Support government relations outreach to legislators and regulatory agencies

Who you are

We're looking for people who meet the minimum requirements for this role. The preferred qualifications are great to have, but are not mandatory.

Minimum qualifications:

  • 5+ years of experience as a lawyer at a top firm, in-house-or in government.

  • Strong stakeholder management skills and ability to deal with a range of internal and external stakeholders

  • Proactive, results-driven, and take ownership of your work.

  • Ability to multi-task and a team player with strong communication skills

  • Strong drafting skills

  • Ability to master new areas of the law quickly

  • High levels of professionalism, integrity, and a strong work ethic, including a readiness to lend a helping hand to teammates

Preferred qualifications:

  • In house legal experience gained ideally in the fintech industry or financial institutions

  • Subject-matter expertise in payments, card networks, or fintech

  • Experience working with stakeholders across the globe

Equal opportunity

Airwallex is proud to be an equal opportunity employer. We value diversity and anyone seeking employment at Airwallex is considered based on merit, qualifications, competence and talent. We don’t regard color, religion, race, national origin, sexual orientation, ancestry, citizenship, sex, marital or family status, disability, gender, or any other legally protected status when making our hiring decisions. If you have a disability or special need that requires accommodation, please let us know.

Airwallex does not accept unsolicited resumes from search firms/recruiters.  Airwallex will not pay any fees to search firms/recruiters if a candidate is submitted by a search firm/recruiter unless an agreement has been entered into with respect to specific open position(s).  Search firms/recruiters submitting resumes to Airwallex on an unsolicited basis shall be deemed to accept this condition, regardless of any other provision to the contrary.

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Average salary estimate

$150000 / YEARLY (est.)
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$120000K
$180000K

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What You Should Know About Counsel, Product Legal, Airwallex

At Airwallex, we're redefining the future of global finance, and we're on the lookout for a talented Counsel, Product Legal to join our vibrant team in San Francisco. As part of our dynamic global Product Legal team, you'll play a crucial role in supporting our rapidly growing business through navigating complex regulatory landscapes across various regions, including EMEA and APAC. This position is perfect for someone who thrives on solving intricate problems for both internal and external partners. You’ll have the chance to work with product teams and senior stakeholders while also managing relationships with local counsel in multiple jurisdictions such as Australia, the U.S., and the UK. With over 100,000 businesses relying on Airwallex for their financial operations, your expertise will directly contribute to our expansion strategy and compliance measures. If you're detail-oriented, intellectually curious, and enjoy a collaborative atmosphere, this is an opportunity that promises to be engaging and impactful. Join us, and let's build the future of payments and finance together and take your career to the next level!

Frequently Asked Questions (FAQs) for Counsel, Product Legal Role at Airwallex
What are the main responsibilities of the Counsel, Product Legal at Airwallex?

As a Counsel, Product Legal at Airwallex, your primary responsibilities include providing legal advice to the product team, coordinating with local counsel across various jurisdictions, managing external legal consultants, and supporting negotiations on complex agreements with strategic partners. You will also engage with senior stakeholders worldwide, ensuring robust compliance with regulatory requirements as we expand our product offerings.

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What qualifications are required for the Counsel, Product Legal role at Airwallex?

To qualify for the Counsel, Product Legal position at Airwallex, candidates must have a minimum of 5 years of experience as a lawyer, having worked at a top firm, in-house, or in government. Strong stakeholder management skills, proficiency in drafting legal documents, and the ability to quickly master new areas of law are also essential. While not mandatory, experience in fintech or payments is preferred.

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How does the Counsel, Product Legal contribute to Airwallex's growth?

The Counsel, Product Legal plays a pivotal role in Airwallex’s growth by navigating the complex regulatory landscape that governs financial transactions. By developing strategic compliance frameworks and ensuring that our products meet legal requirements, this role facilitates seamless expansion into new markets while also maintaining strong business relationships across the organization.

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What skills are important for a successful Counsel, Product Legal at Airwallex?

Successful Counsel, Product Legal candidates at Airwallex should demonstrate exceptional communication skills, a proactive and results-driven mindset, the ability to manage multiple tasks effectively, and strong drafting capabilities. Additionally, being detail-oriented, intellectually curious, and collaborative are key attributes that contribute to success in this role.

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What makes Airwallex a great place for a Counsel, Product Legal to work?

Airwallex offers a stimulating environment for a Counsel, Product Legal, characterized by its innovative approach to financial solutions and a supportive team culture. With access to a diverse range of projects and the opportunity to collaborate across global teams, the role promises both professional growth and the satisfaction of contributing to cutting-edge financial technology.

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Common Interview Questions for Counsel, Product Legal
Can you describe your experience with regulatory compliance in the fintech sector?

When answering this question, focus on specific examples from your past experiences where you successfully navigated regulatory compliance challenges. Highlight instances where your legal advice helped shape product strategies or facilitated smooth market expansions.

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How do you prioritize your workload when dealing with multiple legal matters?

Discuss your approach to prioritization, including tools and methods you use to manage deadlines and tasks. Emphasize flexibility and adaptability, detailing how you respond to urgent requests while ensuring thorough attention to each matter.

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What is your understanding of the regulatory landscape for payments and banking?

Share your knowledge of relevant regulations, such as PSD2 in the EU or AML in the U.S. It's beneficial to discuss how you have applied this knowledge in past roles and how it would inform your work as Counsel, Product Legal at Airwallex.

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Give an example of a challenging negotiation you handled and its outcome.

Provide a detailed narrative of a negotiation you led, explaining the context, challenges, and ultimately how you reached a successful resolution. Highlight the skills you employed, such as communication and decision-making.

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How do you ensure effective communication with non-legal stakeholders?

Highlight your strategies for demystifying legal jargon and engaging stakeholders from various functions. Cite examples from past experiences where clear communication led to successful collaborations or projects.

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What do you think is the biggest challenge facing fintech companies today?

Reflect on current trends and challenges in the fintech industry, such as evolving regulations or advancements in technology. Share your perspective on how these challenges can be addressed through legal measures and strategic innovation.

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How do you keep updated on changes in fintech regulations?

Discuss your methods for staying informed about regulatory changes, such as attending industry conferences, participating in webinars, or subscribing to relevant legal publications. Emphasize your commitment to continuous learning and adapting to the changing landscape.

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Describe a situation where you took the initiative in your legal work.

Share an example where you identified an issue or opportunity and proactively addressed it. Focus on the impact of your initiative and how it positively affected the organization or stakeholders involved.

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What role do you think legal counsel plays in product development?

Position yourself as not just an advisor, but as a proactive partner in product development. Discuss ways in which legal counsel can guide compliance, mitigate risks, and contribute to innovative solutions that drive business value.

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Why are you interested in the Counsel, Product Legal position at Airwallex?

Reflect on both your passion for fintech and the unique opportunity at Airwallex to shape a world-renowned payments platform. Express your enthusiasm for being part of a team committed to innovative solutions in a rapidly evolving financial landscape.

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Full-time, hybrid
DATE POSTED
December 6, 2024

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