Data Privacy/AI /Outsourcing Legal Professional (f/m/d)

Upvest, founded in 2017, enables any financial institution to offer great investment experiences to its customers. Upvest is an investment firm regulated by the German supervision authority (BaFin). The company currently employs 170+ people across Europe with its headquarters based in Berlin, Germany.

The company is backed by the world’s largest venture capital funds and investors including Bessemer Venture Partners, BlackRock, Earlybird, HV Capital, Notion Capital, and ABN Amro Ventures, as well as by renowned fintech entrepreneurs (including Maximilian Tayenthal, founder of N26, and Felix Haas, founder of IDnow).

We’re looking for fintech enthusiasts to join us in creating the financial infrastructure of tomorrow. We’re building the first European Investment API to enable any financial institution offering a wide range of efficient and transparent investment products, such as stocks and ETFs in nominal, portfolio, and fractional form. Our mission and vision is to make investing as easy as spending money.

We’re based in Berlin but are also open to hiring remotely in Germany or Estonia for this role. If you're currently based elsewhere but would like to move to Germany, we’re happy to support your relocation.

Your mission:

We are currently embarking on conquering the European investment landscape. Upvest will roll out its product offering across the European Economic Area. In this regard, the Legal team plays a crucial role in connection with preparing, organizing and operating the rollout by way of using the European freedoms while at the same time complying with specific local regulation. Upvest Legal also contributes to the firm's expansion by keeping track and managing its contractual relationships with End Users, Clients and Vendors.

• Challenge yourself in a dynamic, fast-paced work environment that focuses on legal issues in the field of data protection and AI.

• Independently assess and implement necessary legal changes in data protection agreements, ensuring compliance with the GDPR and the UK GDPR.

• Provide internal guidance on data privacy regulations, including the GDPR and UK GDPR, and the requirements for data protection agreements.

• Provide internal advice on ethical standards in AI and the legal requirements of the AI Act.

• Ensure that all AI-related activities comply with the AI Act requirements.

• Support in the monitoring and compliance with regulatory requirements and standards related to Outsourcing Controlling.

• Preparation of data and analyses as part of the reporting process for Outsourcing Controlling.

This role will give you the opportunity to:

• Grow substantially by learning about internationalising and localising investment services offering

• Learn about investment services, securities banking and securities regulation

• Challenge yourself by working in a high speed, dynamic and focused working environment

• Independently assess and implement required legal changes in contractual relationships

• Provide internal guidance on legal, regulatory and contractual requirements

• Ensure that Upvest’s products and services comply with applicable laws

• Learn about the legal requirements in the field of AI technologies, particularly with regard to the AI Act.

• Expand your expertise by learning about the internationalization and localization of data protection practices, including compliance with European data protection laws - GDPR, the UK GDPR, and managing cross-border data transfers outside the EU.

Job requirements:

• At least two years relevant work experience and a strong interest in data protection, AI projects, outsourcing control, and emerging technologies

• Strong project management capabilities

• Willingness to work in a demanding and dynamic intellectual environment

• Excellent analytical skills and a structured, independent approach to work

• Outstanding communication skills, with the ability to convey complex legal concepts in a clear and understandable manner

• First German Legal State Exam

Why Upvest?

• We're working on solving a hard problem: fixing the European securities financial infrastructure that empowers more people to be able to invest. You have the opportunity to contribute to this change.
• We invest in you. From access to a personal coach, development budget and plenty of opportunities to grow in your role.
• We take hiring seriously with a strong focus on keeping a high bar when interviewing (equally important is that we hire decent people, who are passionate about their craft and helping us achieve our shared mission).
• While we're not quite fully-remote, we are committed to being a flexible employer, as we understand you don't have to be in the office to do your best work.
• We live a culture of empowerment, trust (that we hire the best people and get out of their way) and openness (there's a greater advantage in sharing information than keeping it to ourselves).

Our values:

• Learn and grow. We aim high to shape our future. We give and request honest feedback knowing that we develop together. Progression over Perfection.
• Team first. We make it easy for others. We value our differences and are open to others' opinions. We win and celebrate together! Team over Egos.
• Own the outcome. Whether we win or we lose, we stand together. We are proactive and get the job done. Outcome over Process.
• Tell the story. We always start with the why. We share knowledge to empower others. Transparency over Complexity.

Upvest is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees