Legal Counsel

Legal Counsel 

Finrax is a crypto payment processor that enables institutional clients to accept cryptocurrency payments from their end-users (B2C) as well as their suppliers and vendors (B2B). Finrax UAB is a regulated crypto entity in Lithuania.

Our clients can process deposits and withdrawals in various cryptocurrencies without worrying about volatility, hidden fees, or unfavorable exchange rates. We also streamline accounting and compliance hurdles so businesses can operate seamlessly within traditional financial frameworks.

Finrax UAB is a fully authorized entity, adhering to AML/CTF, KYC, and KYB requirements as prescribed by the AML Act and FATF recommendations. Every business entity working with Finrax UAB undergoes due diligence procedures before initiating operations.

About the Role

As Legal Counsel at Finrax UAB, you will lead the company’s legal strategy, ensuring compliance with Lithuanian and international regulatory frameworks. You will advise executive leadership on legal risks, contractual matters, regulatory challenges, and corporate governance, playing a key role in shaping Finrax’s legal and compliance landscape.

Your responsibilities will span across corporate law, financial regulation, AML/CTF compliance, licensing, data protection, and contract negotiations. You will collaborate closely with the CEO, Compliance, Risk, and Finance teams, as well as external legal advisors and regulatory bodies.

This is a strategic leadership position, requiring deep expertise in financial services law, fintech/crypto regulations, and corporate governance.

Requirements & Key Responsibilities

✔ Regulatory Compliance & Legal Strategy

Develop and execute Finrax’s legal and regulatory compliance strategy, ensuring adherence to Bank of Lithuania guidelines, EU financial regulations, AML/CTF laws, and cryptocurrency-related legislation.

Act as the primary legal liaison with regulatory authorities (Bank of Lithuania, FIU, AML regulators).

Monitor legal developments in fintech, payments, and crypto, advising leadership on regulatory risks and legislative updates.

✔ Corporate Governance & Risk Management

Oversee corporate governance, ensuring that the company adheres to financial and operational legal requirements.

Work closely with the Chief Risk Officer (CRO), Chief Compliance Officer (CCO), and Chief Financial Officer (CFO) to manage legal risks.

Provide legal support for internal audits, risk assessments, and financial compliance matters.

✔ Contract Management & Business Transactions

Draft, review, and negotiate commercial contracts, vendor agreements, and partnership deals, ensuring legal protection and risk mitigation.

Lead negotiations on strategic partnerships, licensing agreements, and corporate structuring matters.

Ensure contract compliance with financial and data protection regulations (GDPR, PSD2, MiCA, etc.).

✔ Litigation & Dispute Resolution

Manage legal disputes, regulatory investigations, and potential litigation risks.

Act as the primary contact for external legal counsel, supervising legal actions and ensuring favorable outcomes.

✔ Advisory & Leadership

Provide legal guidance to executive management and the Board on corporate structuring, M&A, and regulatory matters.

Develop internal legal policies and training programs, fostering a strong compliance culture within the organization.

Represent Finrax in legal discussions, industry panels, and regulatory engagements.

 Qualifications & Experience

✔ Education & Certifications

Law degree (LLB or LLM) from a recognized institution.

Licensed to practice law in Lithuania or an equivalent EU jurisdiction.

✔ Experience & Expertise

3+ years of experience in corporate law, financial regulation, fintech, or cryptocurrency law.

Strong expertise in financial services regulation, including AML/CTF, MiCA, PSD2, GDPR, and EU financial frameworks.

Experience working with financial regulators (Bank of Lithuania, FIU, ECB, or equivalent).

Contract negotiation experience in high-value commercial transactions.

Knowledge of cryptocurrency regulations and the evolving legal landscape for digital assets is highly desirable.

✔ Skills & Competencies

Ability to navigate complex regulatory environments and advise on strategic legal matters.

Strong negotiation and contract drafting skills.

Experience in handling regulatory investigations, compliance enforcement, and dispute resolution.

Fluency in English & Lithuanian (both written & verbal).

Salary range for this role starts from 2500 EUR-4500 EUR gross/month. We are happy to discuss other options, depending on the candidate’s experience.

Benefits

• Hybrid working model;
• Private health insurance;
• A dynamic and collaborative workplace with office perks, access to industry conferences, and company-sponsored training programs for professional development.

Why Join Finrax?

At Finrax, we operate at the intersection of fintech, compliance, and blockchain innovation. As our Legal Counsel, you will play a pivotal role in shaping legal strategy in a fast-evolving industry. This is an opportunity to lead legal operations for a regulated crypto entity and work alongside industry experts in financial regulation, risk, and compliance.

 Ready to make an impact? Apply now and be part of the Finrax journey!