Financial Services Lawyer

2 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia Buildnow Full time
Role Description

We're seeking a highly skilled Legal Specialist to join our team at BuildNow. As a key member of our team, you will be responsible for overseeing our legal and regulatory compliance, intellectual property protection, finance and repayment compliance, dispute resolution, and risk management.

This role is perfect for someone looking to gain experience in multiple areas, with a passion for challenges and delivering positive outcomes. You will have the opportunity to work in an innovative fintech company with high-impact projects and contribute to the growth and success of BuildNow.

Key Responsibilities:

  1. Legal & Regulatory Compliance: Ensure the company's compliance with Saudi Arabian financial regulations, guidelines, and fintech industry legal frameworks.
  2. Monitor and interpret new laws, regulations, and policies that impact BNPL services and financial transactions.
  3. Develop and implement internal policies and procedures to maintain legal and regulatory compliance.
  4. Handle corporate governance, including drafting and reviewing contracts, shareholder agreements, and company policies.

Intellectual Property Protection:

  1. Oversee the protection of trademarks, patents, copyrights, and trade secrets related to the fintech platform and proprietary technology.
  2. Manage any IP-related disputes, registrations, and legal filings to safeguard the company's assets.

Finance & Repayments Compliance:

  1. Ensure all financial transactions, loan agreements, repayment structures, and lending practices adhere to legal and regulatory requirements.
  2. Collaborate with finance teams to mitigate risks associated with late payments, defaults, and credit policies.
  3. Work closely with external auditors, regulatory bodies, and representatives to ensure seamless financial compliance.

Employment & Labor Law Compliance:

  1. Advise the company on employment contracts, labor disputes, and HR policies in compliance with Saudi labor laws.
  2. Ensure proper handling of employee benefits, terminations, and workplace policies while minimizing legal risks.
  3. Mediate employer-employee disputes and ensure fair workplace practices.

Dispute Resolution & Risk Management:

  1. Handle legal disputes, arbitration, and negotiations related to financial transactions, vendor agreements, and customer repayments.
  2. Identify potential legal risks and liabilities, proposing risk-mitigation strategies.
  3. Represent the company in regulatory filings, investigations, and court proceedings when necessary.

Qualifications & Experience:

  1. Bachelor's or Master's degree in Law (LLB, LLM, or equivalent). A specialization in financial law, fintech, or corporate law is a plus.
  2. 2-3 years of experience in legal, regulatory, or compliance roles, preferably in fintech, banking, or financial services.
  3. Strong understanding of Saudi financial regulations, SAMA compliance, and labor laws.
  4. Experience handling intellectual property protection and contract negotiations is beneficial but not essential.
  5. Ability to interpret and apply BNPL-specific regulations and risk management strategies.
  6. Exceptional negotiation, communication, and problem-solving skills.
  7. Fluent in Arabic and English (both written and spoken).

Benefits

  1. A competitive salary package based on experience.
  2. A hybrid work model with flexibility to work remotely part of the week.
  3. Professional development opportunities - courses, learning programs, and mentorship.
  4. A fast-growing startup environment - work in an innovative fintech company with high-impact projects.
  5. Health insurance and additional benefits to support your well-being.
  6. Opportunities for career growth as BuildNow expands.

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