Legal Counsel at Tala

Manila, Metro Manila, Philippines

Tala Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial ServicesIndustries

Requirements

  • Membership in good standing to the Philippine Bar
  • 2-3 years of legal experience
  • Experience with corporate law
  • Experience working on commercial contracts
  • Strong analytical and communication skills
  • Strong attention to detail and organizational skills
  • Based out of Manila office
  • Strong understanding of the financial services space in the Philippines

Responsibilities

  • Provide support for compliance matters in the Philippines, including corporate governance and work related to the regulation of digital lenders and data privacy
  • Manage Tala’s licensing and registration obligations for existing and future business lines in the Philippines
  • Stay up to date on relevant rules and regulations and work with the Global Legal team to evaluate how they may affect Tala’s innovative and growing business
  • Support contract negotiation and collaborate with business teams to develop effective relationships with partners, contractors and vendors
  • Review customer-facing messaging and materials for compliance with required disclosures and consumer protection guidelines

Skills

Philippine Law
Regulatory Compliance
Contract Negotiation
Financial Services Law
Fintech Regulations
Legal Research
Risk Management

Tala

Digital wallet and lending platform for underserved

About Tala

Tala operates as a digital wallet and lending platform that focuses on providing financial services to individuals who are often overlooked by traditional banks. The platform uses artificial intelligence and machine learning to create a personalized financial experience for its users. Customers can access instant credit, transfer money easily, and pay bills all through a single app. Tala's unique data tools allow it to serve a diverse range of customers, including those without access to conventional banking. The company generates revenue through interest and fees on the credit it offers, as well as transaction fees for money transfers and bill payments. Operating in multiple countries across three continents, Tala adapts its services to different markets while aiming to enhance the financial well-being of its users by providing tailored credit lines and financial advice.

Santa Monica, CaliforniaHeadquarters
2011Year Founded
$341.1MTotal Funding
DEBTCompany Stage
Fintech, AI & Machine LearningIndustries
501-1,000Employees

Benefits

Remote Work Options
Flexible Work Hours
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance

Risks

Increased competition from Stripe in crypto payments could challenge Tala's market position.
Keytom's launch may attract Tala's crypto-interested customer base, reducing market share.
Apple's NFC chip decision could lead to more competition in the digital wallet space.

Differentiation

Tala uses AI to offer personalized financial experiences to underserved individuals.
The company provides instant credit and expansive bill payment options via a single app.
Tala's proprietary data tools enable services for those without traditional banking access.

Upsides

Integration of stablecoin payments could enhance Tala's transaction speed and cost-effectiveness.
Apple's NFC chip opening may allow Tala to offer more seamless payment options.
Equifax's AI advancements highlight potential for Tala to improve its credit scoring systems.

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