Legal Counsel - APAC at Wise in Singapore, Singapore

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Job Description

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  Company Description
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 Since 2011, Wise has had a clear mission: money without borders. Built by and for people who live global lives, we&rsquo;re the fairest, easiest way to manage your money across borders.
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 We&rsquo;re just at the beginning of our story and we&rsquo;re growing at an incredible pace. We won&rsquo;t stop until anyone, anywhere can send, spend and receive money wherever they are, whatever they&rsquo;re doing. There&rsquo;s still heaps to do and we can&rsquo;t do it alone.
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  Job Description
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 With a high degree of autonomy, you will be supporting the legal function within the Wise group to help take the business to the next level, including:
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   Working closely and building relationships with multiple business units across the Company and across our APAC markets (Singapore, Hong Kong, Australia, New Zealand, Malaysia, Thailand, Indonesia and Japan and other regions in APAC) and Gulf markets to advise on a wide range of legal matters and ad hoc problems, including licensing, market entry and partnerships
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   Structuring, drafting, and negotiating commercial agreements with banking/payments partners, outsourced service providers and suppliers
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   Understanding the real risks to the business and providing practical advice to Product and Expansion teams. Supporting Product and Expansion teams on changes to our customer agreement for new services or new market entry
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   Supporting initiatives relating to governance within the group with close support from Group Co Sec
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   Liaising with external counsel where required
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   Advising on the legal rights and duties of subsidiary companies and their directors in the APAC region
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   Working with the Legal team (based in Singapore, London, New York and Estonia) to support the wider needs of the company
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   Staying up to date on legal developments in APAC and advising on future-looking initiatives
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   Mentoring and upskilling relevant directors, officers and teams, making life simple and easy
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  This Role Will Give You The Opportunity To
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   Define your path to success - you&rsquo;ll have the freedom and responsibility to help shape what is needed and then make it happen
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   Build something for the future - we are continuing to grow rapidly and your work will be crucial in growing and maturing one of the companies of our time
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   Inspire with your ideas, knowledge and self-starting attitude
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  Qualifications
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  A bit about you:
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  About
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 We are looking for someone passionate about fintech or finance and with an eye on the future. You will ideally have :
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   Minimum 5 years of previous firm or in-house experience in APAC, focusing on payments, financial services or technology. Experience in card issuing/acquiring or the Gulf region would be a plus.
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   Proven experience with commercial contract structuring, drafting, and negotiation
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   Understand how to balance between maturity in corporate governance and operations, and the practical considerations of fast growth and scaling
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   Have a track record in project management and clear communication, including being able to focus people behind a common goal and make the complex simple.
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   Focus on impact, through trusted relationships
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   Have a get-it-done, collaborative approach to problem solving and an ability to seek creative, innovative solutions for complex matters
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   Maintain a sense of camaraderie and good humour while under pressure and working to tight deadlines
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   Well-organised and able to manage and prioritise numerous projects simultaneously
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   Flexible and agile, and able to adapt to changing demands
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   Have professionalism and high integrity
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  What We Offer In Return
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 This is a full-time position reporting to the Head of Legal based in our Singapore office. Find out more about our benefits here.
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 If you think you&rsquo;ve got what it takes, come help us build a beautiful future of money without borders!
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 Additional Information
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 For everyone, everywhere. We're people building money without borders &mdash; without judgement or prejudice, too. We believe teams are strongest when they are diverse, equitable and inclusive.
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 We're proud to have a truly international team, and we celebrate our differences.
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 Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to contribute towards our mission and able to progress in their careers.
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 If you want to find out more about what it's like to work at Wise visit Wise.Jobs.
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 Keep up to date with life at Wise by following us on LinkedIn and Instagram.
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AI Powered Job Insights

Exciting opportunity for a Legal Counsel position with Wise, a pioneering financial technology company revolutionizing money management across borders. They are seeking a knowledgeable legal professional to support their operations in the APAC region, ensuring compliance and providing essential legal guidance to empower their rapid growth.  

📍 Location: Singapore  
💼 Position: Legal Counsel - APAC  
⏰ Type: Full-time  
📅 Date Posted: 2024-07-16  

Role Summary:  
- Support the legal function of Wise, addressing legal matters across APAC markets and Gulf regions.  
- Collaborate with various business units to structure, draft, and negotiate commercial agreements.  
- Provide practical legal advice to Product and Expansion teams for market entry and new services.  
- Ensure adherence to governance initiatives while liaising with external counsel as needed.  
  
What You'll Do:  
- Build relationships with business units across multiple regions (Singapore, Hong Kong, Australia, etc.).  
- Analyze and advise on the legal rights and duties of subsidiary companies within the APAC region.  
- Mentor and assist teams in simplifying complex legal matters.  
- Stay informed of legal developments that impact the business and initiate future-focused strategies.  
  
What's Needed:  
- Minimum 5 years experience in-house or at a firm focusing on payments, financial services, or technology.  
- Expertise in commercial contract negotiation and a solid understanding of corporate governance.  
- Strong project management and communication skills, able to prioritize tasks effectively under pressure.  
- Ability to cultivate trust-based relationships and display professionalism and integrity.

Top Interview Questions

  • Q: Can you describe your approach to drafting and negotiating commercial contracts within the financial services industry?

    A: My approach begins with thoroughly understanding the business objectives and the needs of each party. I ensure that I have a clear framework for negotiation that balances legal risks with commercial interests. I prioritize drafting contracts that are clear and concise, avoiding legal jargon unless necessary. During negotiations, I focus on maintaining open communication and building trust, often seeking creative solutions to resolve contentious clauses, which helps both parties come to a mutually beneficial agreement.

  • Q: How do you stay updated on legal developments and regulatory changes in the APAC region, and how do you incorporate this knowledge into your work?

    A: I actively follow relevant legal publications, attend industry seminars, and participate in professional networks within the fintech sector. I also subscribe to legal updates from significant regulatory bodies in the APAC region. I incorporate this knowledge by regularly sharing insights with my team and advising business units on compliance matters during product development and expansion, ensuring that our strategies are aligned with evolving legal requirements.

  • Q: Can you provide an example of a complex legal issue you managed in your previous roles and how you resolved it?

    A: In my previous role, I was tasked with advising on a cross-border partnership that involved navigating various regulatory frameworks in multiple jurisdictions. I conducted a thorough risk assessment and worked closely with local legal counsel to ensure compliance with all relevant laws. By developing a comprehensive framework for compliance alongside the partnership agreement, I facilitated a smoother negotiation process, which resulted in a successful partnership that strategically enhanced our market presence.

  • Q: How do you approach balancing corporate governance needs with the demands of a rapidly growing fintech company?

    A: I focus on establishing clear governance structures that support agility without compromising compliance. This involves developing policies that define roles and responsibilities while allowing flexibility in decision-making. I advocate for regular governance reviews to adapt processes that reflect the company's growth. In doing so, I ensure that we have the right controls in place while also fostering an environment where innovative ideas can flourish, ultimately allowing the business to scale effectively.

  • Q: Describe a time when you had to mentor a colleague or team to help them understand a complex legal concept. How did you approach this situation?

    A: I once mentored a junior legal associate who struggled with an intricate regulatory framework for payments. To assist them, I broke down the legal language into simpler terms and created visual aids that highlighted key concepts and processes. I encouraged them to ask questions and engage in discussions about practical applications. This hands-on approach not only improved their understanding but also built their confidence, ultimately empowering them to take more initiative in regulatory projects.

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