Senior Legal Counsel

Reporting directly to the Head of Legal / General Counsel, you will serve as the legal lead for OSL’s cross-border payment products and global expansion initiatives.You will advise on local payment licensing requirements, cross-border money transmission laws, merchant acquiring contracts, stablecoin/fiat clearing frameworks, and regulatory strategies when entering new jurisdictions across APAC, EMEA, and LatAm.Key Responsibilities1. Global Market Entry & Regulatory ExpansionNew Market Licensing & Entry: Lead legal due diligence and regulatory analysis for expanding OSL’s payment rails, stablecoin settlement, and payout services into new international jurisdictions.Regulatory Liaison & Licensing Applications: Work with local regulators (e.g., HK Monetary Authority/SFC, MAS Singapore, UK FCA, US state money transmitters, EU regulatory bodies) and external local counsel to secure local Payment Service Provider (PSP), Major Payment Institution (MPI), or Money Services Business (MSB) licenses.Cross-Border Regulatory Strategy: Provide practical legal advice on cross-border money transmission laws, foreign exchange (FX) restrictions, data residency, and local regulatory perimeters for non-licensed cross-border service provisioning.2. Product Legal Structuring & Commercial ContractingPayment Product Advisory: Counsel product, engineering, and business development teams on legal risk for new payment features, including B2B stablecoin settlement, merchant acquiring gateways, multi-currency virtual accounts, and API integrations.Commercial Contract Negotiation: Draft, review, and negotiate complex commercial agreements with global acquiring banks, local payout partners, clearing banks, card schemes, payment gateways, and enterprise merchant clients.Network & Partner Agreements: Structure terms for banking partnerships, liquidity provider agreements, flow-of-funds mechanisms, and client money safeguarding/trust structures.3. Regulatory Compliance & Governance AlignmentFlow of Funds & Safeguarding: Structure legal mechanisms for client money segregation, omnibus account structures, and cross-border settlement finality.AML/CTF & Sanctions Integration: Partner with internal Compliance and Risk teams to ensure cross-border payment flows comply with global Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), Sanctions, and Travel Rule regulations.Key Requirements & QualificationsMust-Have Qualifications:Cross-Border Payments Background: 6+ years of Post-Qualification Experience (PQE) at a top-tier law firm and/or in-house legal department within a major global Payment Service Provider (PSP), Cross-Border Remittance Fintech, Merchant Acquiring Firm, or Tier-1 Global Bank Payment Division.Market Entry Experience: Proven track record advising on international market expansion, local payment regulatory frameworks, and securing local payment/money transmitter licenses across multiple jurisdictions.Bilingual Language Mastery: Professional fluency in both English and Mandarin (spoken and written) to effectively negotiate contracts with mainland Chinese partners, international enterprise clients, and global legal teams.Jurisprudential Qualification: Qualified lawyer in a common law jurisdiction (e.g., Hong Kong, England & Wales, Singapore, Australia) or the United States / PRC.Preferred Qualifications:Practical familiarity with digital asset payment rails, stablecoins (USDC/USDT), or blockchain settlement infrastructure.Direct experience drafting B2B payment partner agreements, merchant processing agreements, and bank API integration contracts.Experience engaging directly with financial regulators across APAC or global financial hubs.