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Senior 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:

  • 8+ 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

$140000 / YEARLY (est.)
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$160000K

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What You Should Know About Senior Counsel, Product Legal, Airwallex

Airwallex is looking for a Senior Counsel, Product Legal to join our thriving team in San Francisco! As part of our dynamic global Regulatory Legal & Compliance group, you'll be instrumental in navigating complex regulatory landscapes and supporting our innovative product and partnership strategies across various regions, including EMEA and APAC. With over 1,500 smart and passionate individuals working tirelessly to empower over 100,000 businesses globally, you'll find that collaboration and creativity are at the heart of everything we do. In this exciting role, you'll work closely with product teams, local legal counsel, and senior stakeholders worldwide, ensuring we can expand our offerings and operations while staying compliant and legally sound. We need someone who can think on their feet, is detail-oriented, and thrives in a fast-paced environment—the kind of person who enjoys the thrill of solving complex challenges. If you have a background in fintech or payments, along with solid experience at a leading firm or in-house, your unique insights will be valued here. Join Airwallex and contribute to building the future of global financial platforms while doing the most ambitious work of your career!

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

As a Senior Counsel, Product Legal at Airwallex, your responsibilities will include providing valuable support and advice to product teams and management regarding compliance and regulatory matters. You'll work cross-functionally with local legal teams and coordinate with external counsel across jurisdictions to assess optimal paths to market. You'll also be involved in negotiating complex agreements with strategic partners and supporting outreach to government regulators, ensuring that all aspects of our legal strategy align with the company's vision and compliance needs.

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

To qualify for the Senior Counsel, Product Legal role at Airwallex, candidates should possess a minimum of 8 years of experience as a lawyer, ideally in fintech or financial institutions. Strong stakeholder management skills, effective communication abilities, and a results-driven approach are crucial. Candidates must demonstrate a proactive attitude, the capability to master new legal areas quickly, and possess excellent drafting skills. Experience with payment systems and card networks is also highly beneficial for this position.

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How does the Senior Counsel role at Airwallex support product and partnership strategies?

In the Senior Counsel, Product Legal role at Airwallex, you'll play a key part in supporting our product and partnership strategies by advising on complex technology transactions and ensuring compliance with global regulations. By fostering strong relationships with business teams and understanding the market environment, you'll help guide product development while mitigating legal risks. Your insights will be essential as we navigate an increasingly complex regulatory landscape across multiple jurisdictions.

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What is the work environment like for a Senior Counsel in Product Legal at Airwallex?

The work environment for a Senior Counsel in Product Legal at Airwallex is dynamic and collaborative. You'll have the chance to connect with a diverse group of professionals across various functions and regions, working together to achieve ambitious goals. Being in a hybrid role, you can enjoy flexibility in your work location while engaging with talented team members both in-person and virtually. The culture encourages innovation and supports personal development, making it an exciting place to grow your legal career.

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What opportunities for professional growth exist for a Senior Counsel, Product Legal at Airwallex?

At Airwallex, a Senior Counsel in Product Legal will find abundant opportunities for professional growth. As you take on complex legal challenges and collaborate with cross-functional teams worldwide, you will enhance your skills in navigating international regulations and technology transactions in a fast-evolving sector. Additionally, you'll have the chance to participate in ongoing training, gain exposure to innovative practices in legal technology, and develop strong relationships across global offices, all contributing to your career advancement.

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Common Interview Questions for Senior Counsel, Product Legal
Can you describe your relevant experience in fintech or payment sectors for the Senior Counsel position at Airwallex?

Highlight experience with regulations and legal frameworks specific to fintech, discussing any past roles where you've dealt with payment processing, compliance, or partnerships within the industry. Sharing specific examples of how you successfully navigated regulatory challenges or supported product development in these areas will demonstrate your expertise effectively.

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What strategies do you use to manage stakeholders effectively in a legal setting?

Discuss your approach to communication and relationship-building, emphasizing the importance of understanding stakeholders' needs and concerns. Explain how you ensure transparency and keep stakeholders informed and involved in legal projects, showcasing your ability to balance legal requirements with business objectives de and fostering collaboration.

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Describe a situation where you had to negotiate a complex legal agreement. What was your approach?

Share a specific instance where you successfully negotiated a challenging legal agreement, focusing on your preparation, strategies for addressing competing interests, and how you ensured all parties were on the same page. Highlight your negotiation techniques and how you balanced assertiveness with relationship-building during the process.

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How do you stay updated on regulatory changes in the fintech industry?

Explain your methods for keeping abreast of regulatory developments, mentioning any industry publications, websites, and networks you actively follow. Share how you leverage professional relationships with regulators, attend industry conferences, or engage with legal communities to ensure you're informed about emerging trends and changes relevant to the role at Airwallex.

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What would you consider when advising on product compliance for a new international market?

Discuss the key factors you consider, such as understanding local laws, identifying regulatory requirements, and assessing market risks. Highlight the importance of collaboration with local counsel and product teams to create practical strategies that comply with regulations while aligning with business objectives.

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How do you prioritize and manage multiple legal projects simultaneously?

Outline your organizational strategies, highlighting time management skills and the use of project management tools. Discuss how you assess urgency and importance, delegate tasks when necessary, and maintain open communication with team members and stakeholders to ensure deadlines are met without compromising quality.

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Can you give an example of a challenging legal issue you've faced and how you resolved it?

Share a case where you encountered a significant legal challenge, explaining the context, your analytical approach, and the steps you took to resolve it. Emphasize problem-solving skills and how your actions led to a favorable outcome while minimizing risks to the business.

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How do you ensure your legal advice is both compliant and practical for business teams?

Describe how you strike a balance between legal compliance and the needs of the business. Emphasize the importance of understanding the business environment, providing actionable solutions, and maintaining flexibility in your legal recommendations. Share examples of how you’ve ensured both compliance and practicality in past roles.

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What role does ethics play in your work as a Senior Counsel?

Discuss your commitment to maintaining high ethical standards, emphasizing the importance of integrity in legal practice. Share situations where you upheld ethical principles even when faced with pressures, and how you advocate for ethical practices within your team and organization.

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Why are you interested in joining Airwallex as a Senior Counsel?

Express your enthusiasm for Airwallex's innovative approach in the fintech space and your alignment with its values. Share how your skills and experiences uniquely prepare you to contribute to their mission of empowering global businesses, and articulate your excitement about the opportunity to grow within such a forward-thinking and diverse organization.

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Full-time, hybrid
DATE POSTED
December 6, 2024

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