Legal and Compliance (Cross Switch)

Job Description

VENTURE FOR AFRICA

Venture for Africa is an immersion program and talent community designed to enable experienced local and global non-tech talent to transition into the African startup ecosystem.

We enable experienced talent who might be new to the startup space or the particular market or industry they’re looking to enter, to soft-land and gain context while working with a startup or venture fund that's hiring.

--

HOW IT WORKS

• Get Matched: Apply and get matched with a VFA startup partner in your area of interest.

• Get Immersed:
  

  • Part-time: De-risk your potential transition by spending an initial 3 months in this role, part-time. During this time, you will have the opportunity to work closely with the team, experience the company culture, and evaluate whether it makes sense as a potential long-term option.

  • Full-time: For those actively looking for a role, who are ready to dive right in, you can skip ahead to the next step.

• Get Hired: VFA startup partners have the opportunity to make full-time offers to candidates directly after the matching process or after VFA's trial-to-hire model.

--

Startup Partner:Cross Switch

Cross Switch is a fast-growing fintech company based in Luxembourg, founded in 2021. We are at the centre of the constantly evolving fintech industry, reinventing payments, banking solutions, and money. Our focus is on our Africa rollout, and we combine two synergistic strategies:

• Cross Switch Payments : a specialist provider of local and cross-border payment solutions for digital merchants and customers in Africa or those looking to access high-growth African markets.
• Cross Switch Technology : providing technology solutions to financial institutions and payments companies in Africa.

Engagement Description

Cross Switch is looking for an experienced candidate to head up Cross Switch’s legal and compliance functions on the African continent.

The role involves managing legal matters related to investment activity, fundraising, and commercial arrangements; establishing and managing a legal and compliance department; managing investments and fundraising activities; and overseeing corporate secretarial functions and the company's legal database.

Responsibilities:

General

• Assisting the CEO and senior team members in all aspects of the company's strategy and development.
• Establishing a fully functioning legal and compliance department, as well as corporate secretarial functions in the country, focusing on ensuring consistency in key documents, policies, and procedures.
• Managing legal matters related to the company's investment activity, fundraising, and commercial arrangements.
• Developing the company's corporate secretarial functions.
• Leading or participating in investment, investor, commercial, and partner presentations, meetings, and negotiations.

Legal and Compliance Department

• Establishing a legal and compliance department.
• Managing relationships with regulatory bodies acting as a liaison and obtaining and maintaining necessary licenses and approvals.
• Developing a panel of legal and regulatory advisors, and managing outside counsel.
• Implementing and developing legal and compliance policies.
• Recruiting team members and managing their performance.

Investments

• Managing investments, identifying and executing targets, handling due diligence, and structuring local companies, joint ventures, and related corporate arrangements.
• Negotiating acquisitions, including shareholders' arrangements, share purchase agreements, and related investment arrangements.

Fund Raising

• Assisting senior management with legal and regulatory issues for marketing and fundraising activities.
• Managing financing for capital increases and debt facilities with investors.

Company Secretarial – Legal database

• Manage the company's existing corporate structure and entity formation in the country.
• Oversee corporate secretarial functions, including ensuring that company entities hold appropriate board and shareholder meetings, preparing agendas and resolutions, taking and preparing minutes, and adhering to all corporate filings.
• Manage the company's database, contracts, templates, and legal/regulatory know-how.
• Recruit suitable team members to assist with the company's secretarial and legal database.

Reports to: CEO, Cross Switch Ghana