Legal Director, Payments and Product - Middle East Region



Product, Legal
Dubai - United Arab Emirates
Posted on Thursday, August 24, 2023

Job Description:

Remitly is on a mission to transform the lives of immigrants and their families by providing the most trusted financial products and services on the planet. Since 2011, we have been tirelessly delivering on our promises to immigrants sending their hard earned money home. Today, we are reimagining international payments at scale and building new products to create deeper relationships with our customers and their loved ones across the globe. Join over 2,700 employees across 10 offices who are growing their careers while having a positive impact on people globally.

About the Role

Remitly is looking for a Legal Director, Payments & Product to (i) negotiate and deliver fintech agreements with key banks, payments service providers and partners, (ii) lead outbound expansion into new countries in the Middle East, and (iii) advise on applicable requirements of local law. In this role, you will be responsible for providing expert legal support on payment agreement negotiations, regulatory compliance, development of product and service offerings, and driving cross border expansion and licensing initiatives. Working closely with Remitly’s business and compliance teams, your role will also involve interpreting and analyzing complex legal and regulatory requirements in the Middle East, identifying areas of risk and opportunity, and providing timely and effective advice to ensure compliance with relevant laws and regulations in the Middle East. The successful candidate will be highly organized and be able to stay updated on evolving legislative and regulatory matters. This role is based in Dubai and will report to the Legal Director, Global Payments.

You Will

  • Deliver strategic commercial agreements with partners (including banks and payment processors) as well as providing legal advice and support for global projects.

  • Advise on payment services and related regulatory issues applicable to the Remitly business including the support of cross border expansion initiatives in the Middle East.

  • Support and advise the Government Affairs and Compliance teams on regulatory engagement matters.

  • Monitor and stay current with changes in payment related laws and regulations and advise on any necessary changes to Remitly’s products and services.

  • Manage and collaborate with external counsel across the Middle East to develop solutions on global regulatory matters that meet Remitly business requirements.

You Have

  • Qualifications to practice as a qualified lawyer in the Middle East with 8+ years - preferably including both in-house counsel and top national or international law firm experience.

  • Experience in a highly regulated industry with financial regulatory and e-commerce legal requirements, including advice on payments and technology agreements.

  • An in-depth knowledge of Middle East financial services / e-money regulations and industry standards as well as experience in advising on regulatory issues on a multi-jurisdictional basis. Experience of the payments regulatory environment in Africa is a plus.

  • Experience working with regulatory agencies and managing external counsel.

  • Demonstrated ability of leading cross functional legal projects and ability to implement programs of regulatory change in a fast pace, high growth environment.

  • A practical and self-motivated attitude, being, happy to work with senior leaders and complex projects.

Our Benefits

  • Flexible paid time off, subject to approval

  • Great compensation package

  • Health insurance

  • Commuter benefit

  • Learn and development benefits (3000+ free online courses available)

  • Corridor Travel Benefit Reimbursement

We are committed to nondiscrimination across our global organization and in all of our business operations. Employment is determined based upon personal capabilities and qualifications without discrimination on the basis of race, creed, color, religion, sex, gender identification and expression, marital status, military status or status as an honorably discharge/veteran, pregnancy (including a woman's potential to get pregnant, pregnancy-related conditions, and childbearing), sexual orientation, age (40 and over), national origin, ancestry, citizenship or immigration status, physical, mental, or sensory disability (including the use of a trained dog guide or service animal), HIV/AIDS or hepatitis C status, genetic information, status as an actual or perceived victim of domestic violence, sexual assault, or stalking, or any other protected class as established by law.

Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.