Job description
Role Overview
Principal Legal Counsel, TradFi at Bybit. This is a senior in-house counsel position based at the company's global operations, serving as the primary legal advisor for the launch of traditional finance and asset and fund management and derivative products.
Company Overview
Established in 2018, Bybit is one of the world's leading cryptocurrency exchanges and digital financial platforms, serving over 80 million users across more than 200 countries and regions. The company delivers a seamless ecosystem across trading, payments, wealth management, custody, institutional services, and Web3. Bybit is recognized as one of the most trusted and transparent platforms in the digital asset industry, powered by world-class technology, a user-first mindset, and a global team of ambitious builders, problem-solvers, and innovators.
Role Purpose
Provide regulatory risk advisory and product structuring support for the launch of new financial products spanning crypto, securities, asset management, derivatives, AI, and payments. Lead the drafting and negotiation of all associated agreements and product-facing terms and conditions across relevant entities within the group.
Key Responsibilities
Product Structuring & Regulatory Advisory
- Advise on product and payment flow structuring, including card-issuing fronting structures with banking and payment-processing partners in emerging markets.
- Support central bank regulatory sandbox arrangements.
- Conduct compliance review of third-party payment service providers.
- Assess yield-generating savings products against securities-law fund characteristics.
- Advise on regulatory scrutiny in relevant jurisdictions.
- Coordinate compliance review against comparable pooled-asset product precedents.
- Advise on asset management and fund licensing implications of products that pool user assets.
- Prepare jurisdiction restriction matrices for tokenized and fractional equities and equity-linked product lines.
Entity & Licensing Strategy
- Scope entity placement for TradFi products across group entities.
- Assess license uplift requirements.
- Assess license feasibility for group entities.
- Identify the steps required to remain exempt from crypto licensing where applicable.
Legal Drafting & Agreements
- Serve as primary lead counsel to internal business, product, and AML teams.
- Draft and launch product terms for new services, including AI-driven product initiatives.
- Revise all existing terms in line with industry standards.
Qualifications & Experience
- Qualified lawyer with JD, LLB, or equivalent qualification.
- 12+ years' experience in legal practice.
- Significant in-house experience at a financial services, fintech, brokerage, or crypto and digital-asset firm.
- Demonstrated expertise in securities law, brokerage and clearing structures, asset and fund management regulation, and cross-border payments licensing.
- Experience negotiating institutional brokerage, clearing, and outsourcing agreements.
- Familiarity with virtual asset and crypto regulatory frameworks and multi-jurisdictional licensing analysis.
- Strong drafting skills for consumer-facing product terms and conditions at scale, across multiple legal entities and jurisdictions.
Skills & Competencies
- Commercially minded with comfort in detailed product and structuring discussions.
- Strong legal drafter capable of translating commercial concepts into workable structures.
- Practical problem solver who proposes solutions rather than only identifying risks.
- Credible when advising and challenging senior Product and Business stakeholders.
- Comfortable taking ownership from initial concept through negotiation, launch, and ongoing operation.
Additional Information
- Study Growth Fund supports professional development and continuous learning.
- Participate in regular internal team-building activities, workshops, and events designed to promote collaboration and innovation.
- Access to global collaboration, working alongside colleagues from around the world.
- Career advancement opportunities within a rapidly expanding global company.
- Internal mobility and long-term development opportunities through internal job pathways.