Head of Legal & Compliance

ULTRA Recruitment • Limassol, NC

4h • €84,000 - €120,000 • Hybrid

About The Position

The Head of Legal & Compliance will lead the legal and compliance function of an established international Forex and CFD brokerage operating across multiple jurisdictions. The role provides strategic legal advice, manages regulatory risks, and ensures the company’s operations, commercial partnerships, and internal processes comply with applicable legal and regulatory requirements.

Working closely with the CEO and senior management, the successful candidate will support international business growth and lead and develop the internal Legal & Compliance team. The position covers commercial and corporate legal matters, regulatory obligations and licensing across multiple jurisdictions, including offshore environments, and the development of internal policies, procedures, and controls. The role is based in Limassol, Cyprus, and is described as office-based / hybrid.

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.
• 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, 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 and strong written and verbal English communication skills.
• 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 may be considered if they meet the essential Forex/CFD industry requirements.
• Candidates currently residing in Cyprus will be given priority; applicants based abroad may be considered if willing to relocate to Cyprus, subject to management approval.

Nice To Haves

• Experience with international and offshore licensing jurisdictions, particularly Saint Lucia and Mauritius.

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.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior