Head of Legal & Compliance

Posted 18 Hours Ago
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Limassol, CYP
In-Office
84K-120K Annually
Senior level
Fintech • Information Technology • Professional Services • Financial Services
The Role
Leads the international brokerage’s Legal & Compliance function, advising senior management on legal, regulatory, commercial, and operational risks. Oversees contracts, licensing, corporate structuring, compliance policies, regulatory obligations, external counsel, and relationships with banks, PSPs, liquidity providers, and business partners. Manages and develops the Legal & Compliance team while supporting international expansion across multiple jurisdictions, including offshore regulatory environments.
Summary Generated by Built In

Location: Limassol, Cyprus
Salary: €84,000 – €120,000 per annum
Job Type: Full-time | Office-based / Hybrid

Our client is an established international Forex and CFD brokerage operating across multiple jurisdictions. As part of its continued growth and expansion, the company is seeking an experienced Head of Legal & Compliance to lead its legal and regulatory operations, oversee compliance matters, and support its international business activities.
​
Description

The successful candidate will take full ownership of the company's Legal & Compliance function, providing strategic legal advice, managing regulatory risks, and ensuring that business operations, commercial partnerships, and internal processes comply with applicable legal and regulatory requirements.

Working closely with the CEO and senior management, the Head of Legal & Compliance will play a key role in supporting the company's growth across multiple jurisdictions while leading and developing its internal Legal & Compliance team.

The ideal candidate must have at least 4–5 years of experience in a Head of Legal or comparable senior legal leadership position within a Forex/CFD brokerage, a strong legal background, and practical exposure to compliance and international regulatory frameworks.

Responsibilities
  • Lead and oversee all legal and compliance activities across the company's international brokerage operations.

  • Provide strategic legal and regulatory advice to the CEO and senior management on commercial decisions, business partnerships, and operational risks.

  • Manage, mentor, and further develop the Legal & Compliance team, establishing effective processes, policies, and internal controls.

  • Oversee the drafting, reviewing, and negotiation of commercial agreements with payment service providers (PSPs), banks, liquidity providers, and other business partners.

  • Maintain and update key legal documentation, including Terms & Conditions, commercial agreements, corporate documents, and internal policies.

  • Assess the legal and regulatory implications of new products, marketing initiatives, business models, and international partnerships.

  • Oversee legal and compliance matters relating to the company's operations and licensing requirements across multiple jurisdictions, including offshore regulatory environments.

  • Support relationships with banks, PSPs, financial institutions, and other commercial partners, including due diligence procedures and contractual negotiations.

  • Coordinate and manage external legal advisors, law firms, and regulatory consultants across different jurisdictions.

  • Advise on corporate structuring, regulatory obligations, and legal risk management.

  • Establish and improve internal legal and compliance procedures to support the company's ongoing expansion.

  • Ensure effective collaboration with the Payments, Finance, Business Development, Marketing, and other internal departments.

Requirements
  • Minimum 4–5 years of experience as a Head of Legal & Compliance, Head of Legal, or in a comparable senior legal leadership role within the Forex/CFD brokerage industry is essential.

  • Proven experience working directly for a Forex/CFD broker, with a thorough understanding of brokerage operations, commercial arrangements, and industry-specific legal and regulatory requirements.

  • Bachelor's or Master's degree in Law is mandatory, together with substantial hands-on legal experience.

  • Strong background in commercial law, corporate structuring, contractual negotiations, and regulatory matters relevant to Forex/CFD brokerage operations.

  • Solid understanding of compliance requirements and regulatory frameworks applicable to international brokerage businesses.

  • Previous experience managing a Legal & Compliance team of at least 4–5 employees.

  • Fluency in Russian is mandatory, together with strong English communication skills, both written and verbal.

  • Experience dealing with international and offshore licensing jurisdictions, particularly Saint Lucia and Mauritius, will be considered a strong advantage.

  • Practical experience working with PSPs, banks, liquidity providers, financial institutions, and external legal advisors.

  • Demonstrated ability to assess complex legal and regulatory risks and recommend practical, commercially viable solutions.

  • Excellent leadership, communication, negotiation, and decision-making skills.

  • Ability to work independently, take ownership of the legal function, and collaborate effectively with senior management.

  • Candidates with extensive legal leadership experience and practical exposure to compliance will also be considered, provided they meet the essential Forex/CFD industry requirements.

  • Candidates currently residing in Cyprus will be given priority. Applicants based abroad may also be considered if willing to relocate to Cyprus, subject to management approval.

Benefits
  • Competitive annual salary of €84,000 – €120,000, depending on qualifications and experience.

  • Hybrid working arrangements.

  • 24 days of annual leave.

  • Work permit support for non-EU nationals.

  • Financial support for gym memberships.

  • Opportunity to work on challenging and diverse legal and regulatory matters within the international FinTech and Forex/CFD industry.

  • Direct collaboration with the CEO and senior leadership team.

  • Opportunity to lead, structure, and develop the company's Legal & Compliance function as the business expands.

  • Professional working environment with exposure to multiple international jurisdictions.

This is an excellent opportunity for an experienced legal professional with a strong Forex/CFD brokerage background to take on a senior leadership position, influence key business decisions, and play an integral role in the company's international growth.

Apply now to be considered for this exciting opportunity.


Skills Required

  • At least 4–5 years as Head of Legal & Compliance, Head of Legal, or in a comparable senior legal leadership role within the Forex/CFD brokerage industry
  • Direct experience working for a Forex/CFD broker
  • Bachelor’s or Master’s degree in Law
  • Substantial hands-on legal experience
  • Strong background in commercial law, corporate structuring, contractual negotiations, and regulatory matters
  • Understanding of compliance requirements and regulatory frameworks for international brokerage businesses
  • Experience managing a Legal & Compliance team of at least 4–5 employees
  • Fluency in Russian
  • Strong written and verbal English communication skills
  • Experience with international and offshore licensing jurisdictions, particularly Saint Lucia and Mauritius
  • Experience working with PSPs, banks, liquidity providers, financial institutions, and external legal advisors
  • Ability to assess complex legal and regulatory risks and recommend commercially viable solutions
  • Leadership, communication, negotiation, and decision-making skills
  • Ability to work independently, take ownership, and collaborate with senior management
  • Candidates residing in Cyprus are prioritized; candidates abroad must be willing to relocate to Cyprus
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The Company
Year Founded: 2016

What We Do

Ultra Recruitment is a premier global recruitment agency specializing in the Financial, Technology, Fintech, and Forex sectors, delivering recruitment, search, and consultancy services.

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