Banking & PSP Legal Specialist
Europe | Full-time
Responsibilities
- Open accounts for newly established Group entities and additional accounts for existing ones with banks, PSPs, EMIs and card acquirers
- Source, assess and onboard backup banks and payment providers for current entities
- Prepare and maintain KYB packs for every Group entity: corporate documents, AML/KYC policies, licence and financial information
- Pass onboarding compliance with banks, PSPs, EMIs and card schemes, including enhanced due diligence
- Answer bank and provider information requests during periodic reviews, on time and in full
- Collect the required documents and data from Finance, Accounting and Compliance and keep them up to date
- Review and negotiate bank, PSP, acquiring and EMI agreements and set-ups
- Maintain and apply the Group’s checklist for banking and payment contracts
- Keep a live register of all banking and payment relationships, their status, contract terms and review dates
- Report regularly to the Corporate Legal Lead on redundancy, pipeline and open risks
Requirements
- 3 + years in corporate banking onboarding, payments or legal/compliance roles for regulated or high-risk businesses (brokerage, FX/CFD, crypto, gaming or similar)
- Hands-on experience opening corporate bank and payment accounts and passing KYB/due diligence for multi-jurisdictional groups is mandatory
- Experience handling periodic reviews and enhanced due diligence requests from banks and payment providers
- Ability to review PSP, acquiring, EMI and banking agreements and spot risky terms: reserves and rolling reserves, freeze and hold rights, set-off, termination without cause, fee changes, liability caps and governing law
- Strong ownership, proactive problem-solving skills and ability to independently drive processes to completion
- Relationship building, ability to establish and maintain strong, trust-based relationships with bank relationship managers, onboarding teams and payment providers.
- Attention to details, ensuring all documentation and submissions are accurate, complete and consistent.
- Understanding of multi-entity group structures (namely the Group consisting of several entities in different jurisdictions like Cyprus, Seychelles, BVI, South Africa, UAE etc.)
- Working knowledge of AML/CFT requirements as banks apply them to corporate clients (EU AMLD framework, FATF standards)
- Understanding of card scheme rules (Visa, Mastercard) relevant to merchant onboarding
- Understanding of payment flows, namely acquiring, APMs, local payment methods, crypto on- and off-ramps
- Upper-Intermediate English (B2) or higher
Will be a plus
- Diploma-level professional qualification in Compliance or AML (e.g., ICA, ACAMS, CISI)
- Experience with CFD/FX brokers, MiFID II, or payments licensing
- Experience opening accounts and passing compliance with Tier-1 banks
- An established network of contacts at banks, EMIs and PSPs serving high-risk sectors
- Previous work at a bank’s corporate onboarding or KYB team, or at a PSP’s merchant risk team
- Experience with crypto-friendly banks and digital-asset payment providers
We offer
- Opportunity to manage account opening processes for high-growth corporate groups, gaining hands-on experience with international banks and financial institutions.
- Continuous professional development through exposure to complex banking processes, diverse jurisdictions, and evolving regulatory requirements.
- 20 paid vacation days per year
- 10 paid sick leave days per year
- Public holidays as per the company’s approved Public holiday list
- Medical insurance
- Opportunity to work remotely
- Professional education budget
- Language learning budget
- Wellness budget (gym membership, sports gear and related expenses)