Payments Counsel

About UsEstablished in March 2018, Bybit is one of the fastest growing cryptocurrency derivatives exchanges, with more than 70 million registered users. We offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. We provide innovative online spot and derivatives trading services, mining and staking products, as well as API support, to retail and institutional clients around the world, and strive to be the most reliable exchange for the emerging digital asset class. Our core values define us. We listen, care, and improve to create a faster, fairer, and more humane trading environment for our users. Our innovative, highly advanced, user-friendly platform has been designed from the ground-up using best-in-class infrastructure to provide our users with the industry's safest, fastest, fairest, and most transparent trading experience. Built on customer-centric values, we endeavour to provide a professional, 24/7 multi-language customer support to help in a timely manner. As of today, Bybit is one of the most trusted, reliable, and transparent cryptocurrency derivatives platforms in the space. Position Overview We are seeking an experienced Payments Counsel to lead the structuring, legal review, and regulatory strategy for the exchange's payments and electronic money (EMI) expansion operations globally. This role encompasses structuring payment flows, advising on payment service and EMI regulatory requirements, and leading licence applications for payments and EMI authorisations across applicable jurisdictions. The ideal candidate has deep expertise in payments regulation and licensing, combined with practical experience in structuring payment flows and fiat on/off-ramp solutions for digital asset platforms. Key Responsibilities

Lead the structuring and legal review of payment flows, fiat on/off-ramp solutions, and electronic money issuance arrangements across the exchange's global operations in compliance with relevant licencing requirements

Advise on regulatory classification of payment activities and EMI services across jurisdictions — determine licensing requirements and permissible structures

Drive the end-to-end process for payments and EMI licence applications globally, including application drafting, regulatory engagement, and post-authorisation compliance

Conduct regulatory assessments of new payment methods, currencies, corridors, and partner integrations to identify licensing triggers and compliance obligations

Advise on safeguarding requirements, client money rules, settlement risk, and prudential obligations applicable to EMI and payment services

Monitor global payments regulatory developments and assess their impact on the exchange's payments strategy

Coordinate with Product, Tech, Fiat, Treasury, Finance and other internal teams to ensure payment flows are structured in compliance with regulatory requirements

Review, approve and maintain payment flow diagrams, regulatory mappings, and compliance documentation for internal governance and regulatory submissions

Manage relationships with external counsel specialising in payments regulation across key jurisdictions

Requirements

Law degree (LLB, JD, or equivalent); admission to practice in at least one jurisdiction

3-5 years of experience in payments law, EMI regulation, or financial services regulatory law — at a law firm, global payments company, or fintech company

Deep expertise in payments regulatory frameworks (e.g., EU PSD2/EMD2, UK FCA EMI/PI regime, MAS Payment Services Act, or equivalent regimes in other jurisdictions)

Demonstrated experience structuring payment flows, fiat on/off-ramp solutions, and/or electronic money issuance arrangements

Proven track record leading or substantially contributing to payments or EMI licence applications

Strong understanding of safeguarding, client money rules, settlement, and prudential requirements for payment institutions and EMIs

Strong written and verbal communication in English; additional Asian languages especially Chinese are a plus

Collaborative mindset and a good team player with the ability to work closely with internal teams as well as independently

Fast learner, able to hit the ground running. takes ownership of projects, has pride in the work

Preferred Qualifications

Direct experience in the cryptocurrency or digital asset industry, particularly around fiat payment integration, stablecoin flows, or crypto-fiat conversion

Familiarity with card scheme rules (Visa, Mastercard) and their application to crypto platforms

Experience with correspondent banking, SWIFT/SEPA/FPS payment rails, and cross-border payment structuring

Understanding of AML/CFT obligations specific to payment services and EMI operations

Experience with stablecoin regulatory frameworks and their intersection with payments/EMI regulation

Prior in-house experience at a payments company, neobank, exchange, or fintech platform

What We Offer

Own the payments legal and licensing strategy at one of the world's largest crypto exchanges

Shape the exchange's global fiat infrastructure and payments architecture from a regulatory perspective

Work across cutting-edge payment structures — crypto-fiat, stablecoins, card programmes, and emerging rails

Competitive compensation package with performance-based incentives

High-impact role in a dynamic, global organisation at the intersection of crypto and traditional payments

Why Join UsAt Bybit, we are committed to fostering a supportive and enriching work environment. Our benefits include:- Study Growth Fund: We support your professional development and continuous learning.- Internal Events: Participate in regular team-building activities, workshops, and events designed to promote collaboration and innovation.- Global Collaboration: Be part of a diverse, international team, working alongside colleagues from around the world.- Career Advancement: Access opportunities for growth and advancement within a rapidly expanding global company.- Internal Mobility: Grow with us- Your long-term development is important to us. We offer internal job opportunities to help build your career path.