Xendit provides payment infrastructure across Southeast Asia, with a focus on Indonesia, the Philippines and Malaysia. We process payments, power marketplaces, disburse payroll and loans, provide KYC solutions, prevent fraud, and help businesses grow exponentially. We serve our customers by providing a suite of world-class APIs, eCommerce platform integrations, and easy to use applications for individual entrepreneurs, SMEs, and enterprises alike.
Our main focus is building the most advanced payment rails for Southeast Asia, with a clear goal in mind — to make payments across and within SEA simple, secure and easy for everyone. We serve thousands of businesses ranging from SMEs to multinational enterprises, and process millions of transactions monthly. We’ve been growing rapidly since our inception in 2015, onboarding hundreds of new customers every month, and backed by global top-10 VCs. We’re proud to be featured on among the fastest growing companies by Y-Combinator.
About the Job
At Xendit, we are seeking a Senior Legal Counsel (Malaysia) who embodies our values and represents our commitment to excellence in legal matters. As a leader within Xendit, you will provide strategic legal guidance and support to all areas of the business, ensuring compliance and mitigating risks. Your role as a true partner to the organization will involve solving complex legal issues, developing legal strategies, and ensuring that all legal processes align with our business objectives. You'll bring a diverse set of skills, including exceptional legal expertise, strategic thinking, and a willingness to do whatever it takes to succeed. You possess a strong commitment to go the extra mile and handle all aspects of legal matters with a positive and determined attitude. With your relentless drive for successful outcomes, you'll play a crucial role in the growth and success of Xendit.
Preferred Qualifications
- Education: LL.B or J.D. from an accredited law school; Malaysian Bar admission is preferred.
- Experience: Minimum of 8 years of experience as a corporate or regulatory lawyer, with a focus on fintech, finance, or technology industries.
- Regulatory Knowledge: Strong understanding of Malaysian financial, regulatory, and fintech laws and compliance frameworks (e.g., Bank Negara Malaysia regulations).
- Analytical Skills: Demonstrated ability to analyze and interpret complex regulations, offering practical advice that aligns with business strategies.
- Leadership Abilities: Experience leading and mentoring junior team members, fostering a collaborative and strategic environment.
- Communication: Excellent negotiation and communication skills, with the ability to engage effectively with internal and external stakeholders.
- Problem-Solving: Proactive problem-solver who can assess risks and develop effective, business-friendly solutions.
Responsibilities
- Legal Advisory: Provide expert legal advice and guidance on regulatory compliance, contractual negotiations, and corporate governance in alignment with Xendit’s strategic goals.
- Regulatory Compliance: Stay updated on local fintech regulations, conduct impact assessments on new regulations, and work closely with regulatory bodies to ensure compliance with Malaysia’s evolving legal framework.
- Risk Management: Identify potential legal risks within Xendit’s operations, develop risk mitigation strategies, and proactively advise the business teams on best practices to manage regulatory risks.
- Contractual Review: Draft, review, and negotiate a wide range of commercial agreements, including customer, vendor, partnership, and data-sharing agreements, ensuring favorable terms that minimize legal risks.
- Dispute Management: Manage any disputes arising in Malaysia and develop effective and solution-oriented dispute resolution strategies.
- Stakeholder Collaboration: Collaborate with cross-functional teams, including finance, operations, and compliance, to support various projects, mitigate risks, and align legal strategies with business needs.
- Regional Support: Provide support to Xendit’s regional sales team, including prompt and detailed reviews of regional contracts and negotiations with regional customers.
- Team Leadership: Mentor junior members of the legal team, sharing expertise in regulatory analysis, risk management, and contract negotiation.
- External Liaison: Work with external counsel when necessary to manage more complex legal issues or regulatory matters.
- Internal Liaison: Be the legal team’s eyes and ears on the ground and provide regular updates of all matters going on in Malaysia.
