Our Client is a FinTech company that offers a set of technological solutions to banks. They are seeking the services of a legal consultant/firm that has proven reputation and experience in helping banks engage with the CBK and comply with the regulator’s material outsourcing guidelines.
Consultants/firms with experience in dealing with financial institutions and regulators based in Uganda, Tanzania, Rwanda and Ghana will be looked upon favourably. Our client prefers calls as a primary mode of communication and as such would be looking to work with a hands-on consultant/firm that is able to dedicate a sizable amount of time toward the client’s needs.
Responsibilities
• Draft and solidify agreements and contracts between the technology vendor and the banks.
• Draft letters between the Fintech and the regulator.
• Assist the Fintech in building a rapport as a compliant technology provider with the regulator.
• Draft and review the terms of service of the products the Fintech sells to banks.
• Draft and review the privacy policies of the products the Fintech sells to banks.
• Give accurate and timely counsel to the executives in a variety of legal topics.
• Collaborate with management to devise efficient defense strategies.
• Communicate and negotiate with external parties on behalf of the Fintech. regarding legal matters (regulator and banks etc.), creating relations of trust.
• Provide clarification on legal language or specifications.
Qualifications
• The firm must allocate a Lawyer who has worked with banks for not less than 5 years either as an in-house counsel at a bank or as an associate or partner at a law firm that offers legal services to banks.
• The lawyer/firm must have played a key role in getting a bank product (E.g., Internet banking) approved by the regulator.
• Experience in packaging technology vendors in such a way that they meet the regulator’s requirements for product approval.
• Has a strong network with banks and the regulator.
• Must have a deep understanding of the material outsourcing guidelines under the Banking Act.
• Experience in reviewing agreements between technology vendors and banks.
• Experience in drafting and reviewing terms of service between banks and their customers.
• Experience drafting and reviewing privacy policies for products that bank customers use.
• Has a deep understanding of data protection regulations.
Level of Education: Bachelor Degree
How to Apply
To apply, send your CV and cover letter only to
recruit@flexi-personnel.com by 24th April 2021.
Please indicate your Expected salary on the email subject Line.
