About Fazz
Fazz is an ecosystem of financial services that comprise Fazz (Business account for Southeast Asia), StraitsX (Payments infrastructure for digital assets), and Modal Rakyat (Mutual cooperation funding for MSMEs) founded in 2016, as a result of a merger between PayFazz and Xfers, two Y Combinator alumni based in Southeast Asia.
Fazz provides business accounts that offer seamless payment, savings and credit functionalities, giving businesses equal opportunity to build, run, and grow. We cater to the warung and MSME in Indonesia under the brand Fazz Agen, and fast-growing startups and SMEs in Singapore and Indonesia under the brand Fazz Business.
Fazz’s mission is to make the future of finances accessible for every single business in Southeast Asia, where many MSMEs and the population are still underserved.
We're looking for a Senior Legal Counsel to join our Indonesia team. In this role, you will report to the Chief Legal Officer and work within the Legal department to support Fazz's activities in regulation, licensing, compliance and structuring, negotiating, and closing contracts.
You'll have a high level of autonomy and independence, and we'll empower you to take ownership of your tasks. You'll collaborate with cross-functional teams and think of creative solutions in uncharted waters.
You'll also need a passion for technology, excellent problem-solving skills, and an ability to thrive in a fast-paced, changing environment.
What you may be doing
- Corporate Matters - fundraising, mergers & acquisitions, optmising corporate structure for our Indonesian subsidiaries.
- Understanding the real risks to the business and providing practical advice to product and banking teams. Supporting product and banking teams on changes to our customer agreement for new services or new market entry.
- Advising & ensuring compliance with applicable laws and regulations for online payments, funds transfers, remittance, personal data, employment, and more
- Formulating action plans and recommendations based on the legal research
- Reviewing and updating internal policies and procedures
- Reviewing marketing and sales materials to ensure compliance with regulations and policies
- Evaluate, structure, negotiate, draft and provide advice on complex legal transactions such as strategic partnerships and acquisitions
- Draft, review, negotiate and advise on a variety of transactions such as standard Terms of Services for our users, internet-related agreements and policies including Merchant Agreements, IT and business process outsourcing agreements, including payment systems, data privacy, inbound/outbound technology and data licensing agreements, software development agreements and SOWs, and services and consulting agreements.
- Respond promptly and effectively to legal requests & regulatory advice from sales, corporate development, operations, marketing, finance and other internal clients, and advise on recommended courses of action.
- Ability to supervise outside counsel on substantial and diverse matters; the ability to work effectively and cooperatively with teams from many disciplines.
- Training non-legal staff for compliance with regulations and internal policies
What you might need
- Practical and solutions-oriented approach towards legal requirements, risks mitigation and operational compliance
- Have a get-it-done, collaborative approach to problem solving and an ability to seek creative, innovative solutions for complex matters
- Understand how start-ups work - how to balance between maturity in corporate governance and operations, and the practical considerations of fast growth and scaling
- Around 8-15 years of legal experience in law firms (corporate) and/or in-house counsel, preferably in fintech/payments/banking/finance industry.
- Thorough understanding of legal principles in applicable to many areas of practice, including regulatory requirements, licensing, commercial contracts, business transactions, company corporate laws.
- Comprehensive understanding in law & regulatory compliance matters, particularly in the prevailing laws and regulations (from BI & OJK) relevant to non-bank financial institutions.
- Excellent legal drafting skills.
- Highly organized and detailed-oriented.
- High proficiency in Microsoft Office Word (use of Styles, multi-numbered lists, paragraph spacings, etc) & in Google Docs & Slides
- Have professionalism and high integrity
We love reviewing all the applications we receive, but unfortunately, we may not be able to get back to everyone individually. If we’d like to move forward with your application, we’ll be in touch!
Fazz is an equal-opportunity employer. Individuals seeking employment at Fazz will be considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, or any other characteristic protected by applicable laws.
By submitting your application, you agree that Fazz may collect your personal data for recruiting, regional organization planning, and related purposes.
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