Accept instant bank payments within any app

General Counsel at Dapi

San Francisco / Remote
Job Type
3+ years
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Ahmed AJ
Ahmed AJ

About the role

Dapi is a financial technology infrastructure provider that allows businesses to accept and initiate bank transfers at nearly zero fees. We work to remove intermediaries thereby allowing our customers to deliver alternative payment solutions to their end users. We are building a new financial infrastructure that will enable every company to offer their own embedded financial services. Within one year of our launch, we have managed to attract investments from Y Combinator, Pioneer Fund, and other notable VC funds. Read more about us in TechCrunch and Crunchbase.

Dapi is looking for a self-driven, ambitious individual interested to work in the dynamic financial technology sector. The General Counsel will be responsible for assisting the company with regulatory and licensing requirements. As our General Counsel, you will lead our legal function. You will be responsible for providing hands-on guidance on legal issues arising out of multiple jurisdictions and on risk mitigation strategies, as well as enforcing policies and regulations across the business. Our ideal candidate will bring superior acumen and the ability to recommend solutions and strategies to the Executive Team. They will be able to manage multiple complex projects simultaneously in a fast-paced work environment.

Responsibilities: *Maintain Dapi's regulatory obligations through advice on licenses, producing regulatory reports and communicating with our government stakeholders

*Engage with regulatory agencies on a regular basis such as through crafting whitepapers and taking part in public requests for comments

*Work with external counsel and legal advisors on licensing for Dapi to be able to conduct its business activities in different geographies globally for example advising on applicable privacy and data residency requirements

*Establish processes for business and go-to-market teams and ensure their compliance with applicable laws and regulations

*Manage and build the compliance function at Dapi. You will hire and oversee compliance analysts and resolve compliance-related issues such as KYC, KYB, & AML

*Coordinate the entire client due diligence process for payment products, ensuring all clients are compliant with company policy standards

*Manage all Dapi's legal affairs from employee contracts, investment agreements, commercial and regulatory partnerships

*Collaborate with Dapi's business and engineering teams to ensure all partnership contracts are up to industry standards, including technology specifications clauses

*Monitor operational legal agreements and ensure adherence to agreed terms and timelines

*Review company legal commitments and provide executive briefs on a monthly basis

*Interface with Dapi’s financial partners with respect to compliance obligations and provide ad hoc reporting on the status of Dapi’s programs as required

Qualifications: *Experience working in legal / compliance affairs, startup corporate issue, ideally in the financial technology industry

*Experience working at a leading technology law firm

*Curiosity about financial technology and payments systems

*Desire to work with an international team in a fast-paced environment to develop and launch truly innovative products

*Strong work ethic and professional demeanor that can be applied to efficiently work with the Dapi teams and our clients

Why you should join Dapi

Dapi is a financial technology infrastructure universal real time banking API that enables bank payments. We work to disintermediate processing industry and enable cheap electronic payments in the US and beyond.