ABOUT FOMO PAY

Founded in 2015, FOMO Pay is a Major Payment Institution licensed in Singapore, Hong Kong and the United Arab Emirates (UAE). The firm has become a leading one-stop digital payment, digital banking, and digital asset solution provider. It is currently building Asia’s fully licensed financial platform, helping institutions and businesses connect between traditional and next-generation financial services. The firm offers its three flagship products:

• FOMO Payment – One-stop digital payment solution for merchants, corporates and financial institutions
• FOMO iBank – Facilitate businesses’ everyday requirements for transactional banking needs
• FOMO Treasury – One-stop digital asset services provider bridging Web 2.0 & Web 3.0

Visit www.fomopay.com for more information.
For recruitment inquiries, contact recruitment@fomopay.com.

JOIN AND GROW WITH US!

At FOMO Pay, we are dedicated to pushing the boundaries of what is possible in digital payment and global banking solutions. We are seeking forward-thinking individuals who share our passion for innovation and are eager to be at the forefront of industry disruption. In our transformation journey, you will have the opportunity to work alongside visionary leaders who have an exceptional track record of shaping the future of digital payments and global banking technologies. We also believe in unlocking the potential in every individual - we offer an inclusive, supportive, and continuous learning culture where everyone can grow to be their best selves and advance in their personal and professional goals. Join our team and be a part of an exciting evolution in the industry.

REQUIREMENTS:

• Bachelor’s Degree in Law or equivalent qualification
• At least 2 years in a legal capacity within the financial services industry - Payment Services, Banks, Insurance Companies
• Comprehensive knowledge of MAS regulations and compliance procedures, particularly in relation to the Payment Services Act (PSA), Securities and Futures Act (SFA), and Financial Advisers Act (FAA)
• Exceptional written and verbal communication capabilities to convey legal insights effectively
• Demonstrated ability to collaborate cross-functionally and work autonomously in high-pressure environments
• Strong analytical skills to navigate regulatory complexities and provide practical solutions

• Collaborate closely with business units to identify, analyze, and mitigate legal risks associated with various business operations or documentation
• Assist with strategic business footprint expansion efforts from a legal perspective
• Contribute to the development and implementation of organization policies and procedures, ensuring adherence to legal and regulatory requirements. Effectively communicate policies to relevant stakeholders
• Review, draft, and negotiate a diverse range of commercial and internal agreements, including but not limited to vendor contracts, client agreements, partnership agreements, new product contracts, employee performance contracts, and intra-company service agreements
• Work in tandem with the Risk teams to interpret regulatory changes and address any inquiries from regulatory authorities, helping the Group maintain compliance with relevant regulations and guidelines
• When necessary, assist in resolving legal disputes and manage litigation matters, and/or coordinating efforts with external counsel on such matters
• Conduct legal research to support business growth
• Stay abreast of pertinent legal and regulatory developments within the financial services sector across various jurisdictions
• Support the Head of Legal in ad hoc legal matters such as mergers and acquisitions (M&A) and funding, outsourcing agreements, or other documents needed for the organization to operate effectively and grow
• Advise where possible, opportunities for us to improve the client (internal/external) experience related to contracting or contract updates