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Full-Time

Director – Product Legal

Updated on 9/5/2024

Airwallex

Airwallex

1,001-5,000 employees

Cross-border payment solutions for businesses

Fintech
Financial Services

Expert

San Francisco, CA, USA + 2 more

Category
Legal
Legal & Compliance
Requirements
  • At least 10 years of relevant legal experience, including at a top-tier national law firm and as an in-house Product Counsel, preferably at a fintech/payments startup
  • 3+ years of management experience
  • Experience collaborating with Product
  • Prior experience in payments or an adjacent fintech sector
  • Juris Doctor, LLB, LLM (or foreign equivalent) from a top-tier law school
Responsibilities
  • Provide practical, risk-weighted legal guidance on a wide range of legal matters related to Airwallex’s products and growth initiatives while managing the utilization of outside counsel judiciously
  • Advise on regulations specific to our industry
  • Prepare and update internal Product Legal Playbooks and the Legal Wiki with product related regulatory information and positions
  • Participate in ideation sessions to create amazing product experiences for Airwallex’s customers that comply with the law--even when the relevant law is not well developed
  • Partner with the broader team to share information about the regulatory environment to facilitate efficient and transparent legal support across the business

Airwallex provides cross-border payment solutions for businesses of all sizes, including small to medium-sized enterprises and large corporations. Its services include multi-currency accounts, international money transfers, foreign exchange services, and payment gateway solutions. These services work by allowing businesses to conduct transactions in multiple currencies quickly and securely, reducing costs associated with traditional banking methods. Airwallex differentiates itself from competitors by focusing on advanced technology to streamline international transactions, making them faster and more cost-effective. The company's goal is to build a financial infrastructure that supports the digital economy and facilitates seamless global payments.

Company Stage

Series E

Total Funding

$1B

Headquarters

Eastern District, Hong Kong

Founded

2015

Growth & Insights
Headcount

6 month growth

8%

1 year growth

17%

2 year growth

34%
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Simplify's Take

What believers are saying

  • Airwallex's impressive revenue growth, including a 152% increase in EMEA and 93% in ANZ, highlights its strong market demand and financial health.
  • The integration with QuickBooks and other accounting software platforms simplifies financial management for businesses, enhancing customer satisfaction and retention.
  • The company's expansion into retail investment products with Airwallex Yield offers customers attractive returns and flexibility, broadening its service offerings and revenue streams.

What critics are saying

  • The competitive fintech landscape requires continuous innovation and differentiation to maintain market share and avoid commoditization.
  • Regulatory challenges and compliance requirements in multiple jurisdictions could pose operational risks and increase costs.

What makes Airwallex unique

  • Airwallex's focus on cross-border payment solutions and multi-currency accounts sets it apart from competitors who may not specialize in international transactions.
  • The company's rapid expansion and strong presence in multiple regions, including EMEA and ANZ, demonstrate its ability to scale and adapt to diverse markets.
  • Airwallex's recent acquisition of an Australian Financial Services Licence (AFSL) for retail investment products marks its evolution into a comprehensive financial services platform.