About the JobWe are seeking a talented and motivated Legal Intern to join our Open Banking In-house Legal Team. As an intern, you will have the opportunity to work closely with experienced legal professionals and gain valuable insight into the dynamic field of open banking. You will play a vital role in supporting the team's efforts to ensure legal compliance, assess regulatory risks, and facilitate business growth in the rapidly evolving open banking landscape.
Who are we
Lean enables companies to seamlessly connect to their users’’ bank accounts to initiate real-time payments and retrieve their account information. Our products have garnered the trust of leading companies and enabled them to deliver powerful experiences when connected with a user’s bank account, allowing users to perform prudent financial planning, get better rates on loans, transfer money to friends, and more, without compromising on privacy or security.
Some of Lean’s clients include the likes of Binance, Etisalat Group, Careem, Sarwa, and many more, making it the region’s most valuable Open Banking platform. The company has now processed hundreds of millions of dollars, and its products are also connected with hundreds of thousands of accounts. Lean envisions a fully inclusive financial ecosystem that serves everyone, no matter where they bank or live in the MENAP region.Responsibilities- Conduct legal research and analysis on open banking regulations, guidelines, and industry best practices.
- Assist in drafting and reviewing legal documents, including contracts, agreements, and policies related to open banking operations.
- Collaborate with internal stakeholders, such as business units and compliance teams, to provide legal advice and guidance on open banking initiatives.
- Support the team in monitoring and assessing changes in relevant legislation, regulations, and industry trends impacting open banking.
- Assist in preparing presentations, reports, and training materials on open banking legal matters.
- Contribute to the development and maintenance of internal knowledge resources, including legal templates and databases.
- Assist in managing legal documentation, correspondence, and record-keeping related to open banking activities.
- Participate in meetings and discussions with internal and external stakeholders to address legal and regulatory matters.
- Assist in coordinating and managing legal projects and initiatives within the open banking legal team.
- Stay up-to-date with legal developments in open banking and related fields to ensure the team remains informed and compliant.
Minimum Qualifications
- Currently enrolled in a law degree program or equivalent legal studies or recently graduated from legal studies.
- Curiosity to learn more about payments, banking and financial regulatory frameworks, and to gain experience working in a fast-paced fintech scale-up
- Strong research and analytical skills, with the ability to distill complex information into business friendly language.
- Excellent verbal and written communication skills in English required.
Preferred Qualifications
- Familiarity with open banking concepts, principles, and related legal considerations is desirable.
- Strong written and spoken Arabic skills are an advantage.
NB. While we think the above experience could be important, we’re keen to hear from people that believe they have valuable experience to bring to the role. If you identify with the team and mission, but not all of our requirements, then please still apply!!
Why Join us?
Our products have received resoundingly positive feedback from developers and customers alike, with Sequoia leading its $33 million Series A round, marking its first in the GCC. Yet, this is just the beginning. We're working tirelessly to expand our coverage across the region while further deepening the value we provide to our stakeholders. To that end, we're always on the lookout for talented, driven, and entrepreneurial candidates to join us in our mission of enabling the next generation of financial innovation. If you're motivated by solving hard problems and leaving a lasting legacy while you're at it, Lean's where you need to be.
Not only do we offer competitive salaries, private healthcare, and flexible office hours, but we also insist that every member of the team hold a meaningful equity stake in the business to ensure long-term alignment.
We'd love you to join us for this journey!
When applying for a job at Lean Technologies, we will need to collect, use and share Personal Data about you with different members of our team during the application process. This may mean transferring your data to members of the team