Freedom24
Head of Legal Department (Brokerage, Product & Commercial) - Cyprus
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Head of Legal Department (Brokerage, Product & Commercial) - Cyprus
About Freedom Finance Europe Ltd
Freedom Finance Europe Ltd is a regulated European online broker headquartered in Cyprus, providing access to US, European and Asian capital markets and a broad range of investment services and financial products. We operate in a fast-moving, highly regulated environment where product speed, client trust, marketing accuracy, regulatory discipline, and legal architecture must work together. We are now strengthening our Legal Unit and looking for a senior legal leader to head one of its key expert departments.
About The Role
The Head of Brokerage, Product & Commercial Legal Department will lead legal support for brokerage, product launches, client-facing documentation, marketing materials, client complaints, GDPR/data, sanctions-related scenarios, MiFID-related matters, disclosures, prospectus-related work, and repeatable legal standards for the business.
This role is for a senior in-house lawyer who can combine:
- Financial services expertise
- Practical business judgement
- Leadership
- Speed of execution
- Ability to build legal systems, rather than only solve individual tasks
Responsibilities
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Work closely with the Chief Legal Officer (CLO) to lead legal support for the company’s:
- Brokerage
- Product
- Commercial
- Client-facing
- Marketing activities
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Own the department’s:
- Portfolio and priorities
- Workload allocation
- Quality control
- Escalation discipline
- Legal standards
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Act as the main escalation point for complex, high-risk, time-sensitive, or strategically important matters within the department’s perimeter.
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Provide senior legal assessments for:
- New products
- Client journeys
- Sales channels
- Distribution models
- Marketing campaigns
- Client communications
- Commercial initiatives
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Translate key regulations into practical business requirements:
- MiFID II/MiFIR
- CySEC requirements
- Applicable EU financial services rules
- GDPR, sanctions, DORA
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Lead or supervise drafting, review, and negotiation of:
- Brokerage agreements
- Product agreements
- Commercial agreements with clients, partners, counterparties, providers, data providers, banks, payment institutions, introducing brokers, sales channels, vendors, and third parties.
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Ensure legal consistency and quality of:
- Terms of Business
- Disclosures
- Product terms
- Client forms
- Prospectus-related materials
- Website/platform wording
- Disclaimers
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Set the legal review framework for:
- Marketing campaigns
- Claims and presentations
- Landing pages
- Sales materials
- Regulated communications
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Lead legal strategy for:
- Complex client complaints
- Pre-dispute matters
- Reputationally sensitive cases
- Sanctions/restriction scenarios
- Asset-unblocking matters
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Build and maintain scalable legal tools:
- Templates
- Playbooks
- Standard clauses
- Fallback positions
- Checklists
- Decision trees
- Escalation rules
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Collaborate with multiple departments, including:
- Product
- Marketing
- Sales
- Compliance
- Risk
- Operations
- Client Support
- IT
- Document Management
- Legal Operations
- Senior management
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Manage, mentor, and develop senior and mid-level Legal Counsels within the department.
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Coordinate with external legal advisors, ensuring their advice is translated into practical internal standards and actions.
Requirements
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10-12+ years of relevant legal experience in one of the following areas:
- Cyprus or European Investment Firm
- Regulated broker
- Fintech company
- Payment institution
- Financial services group
- Law firm advising financial services clients
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Law degree, with preference for:
- Common-law qualification/JD with strong exposure to common-law drafting, international transactions, and EU financial services regulation, or
- Civil-law equivalent with comparable expertise
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Proven experience in:
- Leading legal teams
- Managing complex legal portfolios in a regulated financial services environment
- Roles involving brokerage, investment services, capital markets, and product distribution
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Strong expertise in:
- Brokerage, product and commercial agreements
- Client-facing documentation
- Regulated communications
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Comprehensive knowledge of:
- MiFID II/MiFIR
- CySEC requirements
- EU financial services regulation
- GDPR
- Sanctions frameworks
- DORA
- Related legal/regulatory requirements
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Practical experience in:
- Product launches
- Marketing and sales initiatives
- Client documentation
- Complaint handling
- Cross-functional business projects
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Excellent drafting, negotiation, and legal advisory skills in English; fluent Russian or other languages are a plus.
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Ability to provide clear, business-oriented legal advice without compromising regulatory or legal standards.
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Strong leadership, ownership, and prioritisation skills, alongside:
- Stakeholder management
- Communication
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Capability to build repeatable legal solutions, not just handle one-off tasks.
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Confidence in collaborating with:
- Senior management
- Business teams
- Compliance teams
- Risk departments
- External counsel
- Cross-functional stakeholders
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Advantageous: Experience with:
- Legal technology
- Document management tools
- Knowledge management
- Templates and playbooks
- Legal process improvement
Benefits
- Work in a modern office located in the center of Limassol with a collaborative, professional team.
- Relocation package, including:
- Reimbursement for flights
- Support for accommodation for 1 month
- Visa sponsorship for the employee and their family members.
- Company covers 50% of the annual cost of a health plan, chosen by the employee at any insurance provider.
- 21 days of paid vacation per year.
- 12 additional days off per year, provided by the company.
- Paid sick leave.
- Opportunity for remote work (with approval from the manager) on non-event days or days without preparations.
- Team-building activities and corporate events.
- Membership in company-organised sports clubs (football and volleyball) and sports events/challenges.
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