Senior Legal Counsel at LemFi (Formerly Lemonade Finance)

LemFi (YC S21) is building the neobank for African diaspora in North America & Europe. We provide our users with a multi-currency account that allows them to hold, send, and receive money from Africa in any currency for their business and personal banking needs. We are a fast-paced startup with entities in the UK, USA, Canada and Nigeria and you would be required to familiarize yourself with necessary statutory and regulatory requirements in these locations.

We are recruiting to fill the position below:

Job Title: Senior Legal Counsel

Location: Lagos
Employment Type: Full Time

Job Summary

• We are seeking a skilled and experienced Senior Legal Counsel to join our dynamic team, based in Nigeria.
• The ideal candidate will possess a minimum of 5 years of legal experience, with a strong background in African countries' legal landscape and the FinTech industry.
• As a Legal Counsel, you will play a pivotal role in providing comprehensive legal support, particularly focusing on privacy regulations and matters related to international corporations and contracts.

Responsibilities Are As Follows

• Legal Advisory: Offer expert legal advice and guidance to internal stakeholders on various legal matters, particularly those related to the FinTech industry, Privacy laws, and international corporate activities.
• Regulatory Compliance: Monitor and stay up-to-date with relevant legal and regulatory developments in African countries, ensuring the company's compliance with local laws and regulations in the FinTech sector.
• Privacy and Data Protection: Develop and implement strategies to ensure compliance with data privacy laws, including GDPR and other regional Privacy regulations. Advise on data protection policies, data transfers, and user consent mechanisms.
• Contract Drafting and Review: Draft, review, and negotiate a wide range of agreements, including partnerships, vendor contracts, and customer agreements, with a keen understanding of local legal requirements.
• International Transactions: Assist in structuring and executing international transactions, mergers, acquisitions, and joint ventures, taking into account cross-border legal implications.
• Risk Management: Identify legal risks and provide mitigation strategies for the business. Collaborate with cross-functional teams to implement proactive risk management initiatives.
• Dispute Resolution: Manage legal disputes, including external counsel coordination, litigation strategy development, and negotiations.
• Stakeholder Collaboration: Collaborate effectively with internal teams, external legal counsel, regulatory bodies, and industry associations to ensure comprehensive legal support across all relevant jurisdictions.

Requirements

• Juris Doctor (JD) or equivalent degree from a reputable law school.
• Minimum of 5 years of relevant legal experience, with a strong emphasis on the FinTech industry and exposure to legal matters in African countries.
• Proficiency in English is essential; additional language skills, especially those relevant to African countries, would be advantageous.
• In-depth knowledge of Privacy laws, including GDPR and other international data protection regulations.
• Demonstrated experience in working with international corporations, preferably in the FinTech or technology sector.
• Excellent drafting, negotiation, and communication skills.
• Strong analytical and problem-solving abilities.
• Ability to work independently and collaboratively in a fast-paced environment.
• Willingness to travel occasionally, as required.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should;
Click here to apply online