Senior In-House Legal Counsel (Regulatory)

About the role

Deriv is hiring a Senior In-house Legal Counsel (Regulatory) based in Cyberjaya, Malaysia. The role contributes to global compliance operations for entities covering investment services, banking and virtual assets, and manages a portfolio of global licenses including the Labuan Financial Services Authority (Labuan FSA) license. It involves compliance monitoring, gap analysis, licensing management and liaison with regulators across several international jurisdictions.

Key responsibilities

• Manage compliance monitoring for assigned global entities and conduct legal and compliance reviews and gap analysis to identify risks and recommend remediation.
• Monitor legal, regulatory and industry changes and update legal and compliance frameworks as regulations evolve.
• Manage licensing requirements: review, draft and support licensing applications, regulatory filings and correspondence, respond to regulatory queries and represent Deriv during inspections by Labuan FSA and other regulators.
• Build and maintain legal and regulatory policies, procedures and controls, and prepare regulatory reports and submissions.
• Review supporting documentation, prepare legal summaries, risk assessments, management updates and board papers, and support regulatory inspections and audits.
• Advise internal teams and external advisers on the interpretation of licensing, reporting, governance and other regulatory obligations.
• Partner with engineers to design AI tools that automate regulatory monitoring, gap analysis and reporting.

Required profile

• Law degree or legal qualification, kept current through professional development.
• 5+ years in regulatory compliance in financial services, including compliance monitoring, regulator engagement and licensing management.
• Understanding of regulatory frameworks for investment services, banking or virtual assets; solid experience with the Labuan FSA or similar offshore regulators is highly valued.
• Ability to work independently, make judgment calls and take accountability for outcomes.
• Strong English and clear communication across global teams.

Required skills

• Comfortable with AI and automation, and able to learn new AI tools.
• Attention to regulatory detail and rigorous legal and regulatory judgment.