Product and Regulatory Counsel, United Kingdom

About the team:

At Aspire, we understand the importance of maintaining a strong culture of regulatory compliance to protect our organization and ensure the trust of our customers. Our Regulatory Team is at the forefront of identifying and addressing regulatory risks, implementing controls, and ensuring that our policies and procedures align with regulatory requirements. This allows Aspire to stay ahead of evolving regulations, proactively identifying potential risks and developing comprehensive risk mitigation strategies, hence contributing to our long-term success.

About the role:

As the Senior Product Regulatory Counsel for UK you will assist our product team with the launch of new financial and payment product into new market. You will play a crucial role in ensuring that our products and services operate within the bounds of regulatory requirements by designing innovative structures and proper risk mitigation measures. You will support closely the Head of Legal and collaborate closely with cross-functional teams to develop, implement, and maintain product regulatory framework and programs specific to these offerings.

You’re familiar with the local regulatory landscape and able to find creative and pragmatic solutions to the challenges faced by product, commercial and compliance teams and help them achieve strategic and commercial objectives within the company’s risk appetite.

What will you be doing?

• Enable company’s vision towards global fintech leader via product expansion to a new market
• Deeply understand and stay up-to-date with regulatory requirements on financial services, especially remittance, issuing, acquiring and FX trading in United Kingdom.
• Conduct risk assessments specific to UK and EMEA to identify and mitigate regulatory risks.
• Work with compliance teams to design and implement compliance framework and strategies.
• Maintain comprehensive records of regulatory activities, audits, and investigations for the products.
• Collaborate closely with product development, and customer support teams to integrate regulatory considerations into the product development lifecycle.

We would love to get to know you if you have the following:

• Bachelor's degree in law and qualified in UK.
• minimum 7 years of PQE and minimum of 5 years of experience in product and regulatory roles within the fintech or financial services industry.
• Strong understanding of financial service and payment regulations and regulatory compliance requirements.
• Excellent analytical, problem-solving, and communication skills.
• Ability to provide effective, efficient and practical regulatory advice on financial service and payment laws and regulations
• Detail-oriented with the ability to adapt to evolving regulations and industry trends.
• Previous entrepreneurial experience is a strong bonus