Regulatory Counsel - South Korea

Remote $30k–$50k 2 months ago full-time quality 7.5/10

Role in brief

Binance is seeking a Regulatory Counsel to support its South Korean operations. This role involves providing legal advice, ensuring compliance with local laws, and managing regulatory interactions. It suits a lawyer with 5-8 years of experience in financial regulations, particularly within the fintech or crypto sectors in Korea, who can work autonomously in a fast-paced environment.

About the role

The Regulatory Counsel will serve as a key legal advisor for Binance's business activities in South Korea. This involves offering comprehensive legal support, from general advice and contract review to assisting with negotiations across various legal domains such as commercial, corporate, labor, and intellectual property law. A core responsibility is to proactively identify and mitigate legal and regulatory risks, providing strategic guidance to local teams.

A significant part of this role focuses on regulatory compliance. The counsel will continuously monitor and interpret Korean laws and regulations relevant to the business, ensuring Binance adheres to all local requirements. This includes developing and implementing local legal and compliance programs, engaging with Korean regulatory authorities, and supporting internal stakeholders with filings, licensing, inquiries, and investigations.

Success in this position requires a pragmatic approach to legal advice, balancing business objectives with regulatory compliance. The ideal candidate will have demonstrated experience working independently in a global setting, collaborating with diverse teams, and delivering clear, actionable counsel under pressure. The role also involves conducting risk assessments, compliance reviews, and managing complex legal and regulatory projects.

The salary for this position ranges from $30,000 to $50,000 USD.

Skills that matter here

  • Korean financial regulations: This role requires deep expertise in Korean financial regulations to ensure compliance and advise local teams effectively.
  • Contract review: The counsel will draft, review, and negotiate various contracts and agreements, providing risk assessments.
  • Risk assessments: A key responsibility is to conduct risk assessments, compliance reviews, and due diligence in a regulated environment.
  • Project management skills: The role demands strong project management skills to independently handle complex legal and regulatory projects.
  • Problem-solving skills: The counsel must possess excellent problem-solving skills to deliver clear and actionable advice under tight deadlines.
  • Regulatory compliance: Ensuring compliance with Korean laws and regulations, and developing local compliance programs, is central to this position.

Who this role suits

  • A legal professional with 5-8 years of experience, specifically in regulatory roles within the payments, fintech, or cryptocurrency sectors.
  • Someone with a strong understanding of Korean regulatory frameworks and direct experience with Korean regulatory bodies or licensing processes.
  • An individual who thrives in a fast-paced, global environment and can work autonomously while collaborating with cross-functional teams.
  • A pragmatic advisor capable of balancing business needs with regulatory requirements and delivering actionable legal counsel.

From the employer

  • Provide comprehensive legal and regulatory support to local business teams in Korea, including general legal advice, contract review, and negotiation assistance across a broad range of legal areas such as local commercial law, corporate law, labor law, intellectual property, and regulatory compliance.
  • Proactively identify regulatory and legal risks, propose solutions, and anticipate support needs to deliver strategic and practical legal guidance to local teams.
  • Monitor, interpret, and maintain up-to-date knowledge of Korean laws, regulations, and regulatory developments relevant to the business, providing strategic advice to ensure compliance and mitigate risks.
  • Draft, review, and negotiate contracts and agreements, providing holistic risk assessments and recommendations that balance business objectives with regulatory compliance and risk mitigation.
  • Lead the development, implementation, and management of local legal and compliance programs, including ongoing regulatory strategy and engagement with Korean regulatory authorities.
  • Support internal stakeholders in regulatory filings, licensing, and responding to regulatory inquiries or investigations in Korea.
  • 5-8 years of experience in regulatory legal roles, preferably within the payments, fintech, or cryptocurrency sectors.
  • Experience in legal and regulatory practices relevant to Korean financial regulations. Involvement in licensing or direct interaction with Korean regulatory bodies.
  • In-house legal experience within Financial Services, Fintech, Technology, or related regulated industries is highly preferred.
  • Strong expertise in Korean regulatory and compliance frameworks, with a solid understanding of local laws affecting financial and technology sectors.
  • Demonstrated ability to provide pragmatic legal advice balancing regulatory requirements and business needs.
  • Proven track record of working independently in a fast-paced, global environment, collaborating effectively with cross-functional teams across multiple locations.
  • Excellent problem-solving skills with the ability to deliver clear, actionable counsel under tight deadlines.
  • Experience conducting risk assessments, compliance reviews, and enhanced due diligence in a regulated environment.
  • Hands-on approach with strong project management skills, capable of managing complex legal and regulatory projects independently.
  • Shape the future with the world’s leading blockchain ecosystem.
  • Collaborate with world-class talent in a user-centric global organization with a flat structure.
  • Tackle unique, fast-paced projects with autonomy in an innovative environment.
  • Thrive in a results-driven workplace with opportunities for career growth and continuous learning.
  • Competitive salary and company benefits.
  • Work-from-home arrangement (the arrangement may vary depending on the work nature of the business team).

Questions about this role

What is the remote work policy for this role?

This position offers a work-from-home arrangement, though the specific setup may vary depending on the business team's needs.

What is the expected seniority level for this position?

The role requires 5-8 years of experience in regulatory legal roles, indicating a mid-to-senior level position.

What are the key skills required for this role?

Key requirements include expertise in Korean financial regulations, experience with licensing and regulatory bodies, contract review, risk assessment, and strong project management and problem-solving skills.

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