Product Counsel
Overview
This role involves serving as Product Counsel within a legal team focused on navigating complex legal challenges in emerging financial products and markets, particularly in cryptocurrency and traditional finance intersections. The position supports various business lines including digital asset exchange, credit card and payments, broker-dealer operations, prediction markets, and institutional services.
Responsibilities
- Provide legal, regulatory, and strategic advice to product, design, marketing, and technology teams throughout the product development lifecycle.
- Support complex financial arrangements involving cryptocurrency and traditional finance, such as crypto custody, lending, OTC trading, and other financial products.
- Draft and negotiate complex agreements and establish standards like service level agreements (SLAs) for retail and institutional customers based on regulatory requirements and market norms.
- Manage projects collaboratively and effectively.
- Build and maintain positive relationships with leadership, cross-functional partners, and external stakeholders on regulatory matters impacting products.
- Collaborate with General Counsel and the legal team to evaluate legal risks and develop creative solutions aligned with business priorities in a changing regulatory environment.
Minimum Qualifications
- Juris Doctor (JD) degree.
- At least 6 years of relevant legal experience at a law firm or in-house.
- Fluency in English.
- Membership in a U.S. state bar in good standing.
Preferred Qualifications
- Knowledge of regulatory frameworks governing lending, payments, and depository account products (e.g., state money transmitter licensing, Regulation Z, Regulation E).
- Experience handling inquiries and enforcement matters related to such products.
- Familiarity with U.S. securities and derivatives laws, including SEC and FINRA broker-dealer rules and CFTC frameworks.
- Experience managing licensing applications and supervisory matters for regulated financial services businesses domestically and internationally.
- Experience drafting customer-facing disclosures and terms for retail payments businesses.
- Proven ability to assess and mitigate legal risks proactively and efficiently in a fast-paced environment.
- Strong problem-solving skills, excellent written and oral communication, and ability to build trusted cross-functional relationships.
- Interest in disruptive technology; prior experience in fintech, digital assets, or high-growth tech companies is a plus.
Compensation & Benefits
- Competitive starting salary ranging from $162,500 to $250,000 (base salary) in the State of New York.
- Discretionary annual bonus.
- Long-term incentives through new hire equity grants.
- Comprehensive health insurance plans.
- 401(k) plan with company matching.
- Paid parental leave.
- Flexible time off.
Note: The salary range does not include discretionary bonuses or equity packages. Compensation is determined based on skillset, experience, job scope, and current market data.
Location & Work Arrangement
- Hybrid work approach at hub offices in the United States, balancing in-person collaboration with remote work flexibility.
- Employees not located near hubs are part of the remote workforce.
- All employees are required to onboard in-person at one of the office locations.
Equal Employment Opportunity
The organization is committed to building diverse teams and providing equal employment opportunities regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or veteran status. Accommodations are available upon request during the hiring process.