Senior Counsel - Product & Regulatory (Investment Products)

Overview

This role involves serving as the primary legal advisor for investment products, specifically focusing on Treasury and Invest products that provide business and consumer customers access to non-deposit investment options. The position requires navigating complex regulatory frameworks and contributing directly to the development and delivery of high-quality customer experiences.

Responsibilities

• Own the investment products portfolio, advising across the full product lifecycle including new feature development, drafting disclosures, marketing and customer communications, and operational matters with regulatory impacts.
• Collaborate across product, compliance, risk, engineering, and operations teams to provide early legal perspectives and act as a proactive thought partner.
• Work closely with compliance teams on regulatory matters, interpreting requirements, evaluating approaches, and supporting examination readiness with FINRA and the SEC.
• Contribute to other legal areas beyond investment products to broaden expertise.
• Utilize AI tools intentionally to improve legal workflow efficiency.
• Translate complex regulatory concepts into clear, engaging narratives for internal teams and external audiences.
• Stay adaptable and continuously learn as regulations, markets, and products evolve.

Requirements

• Minimum 6 years of legal experience, with at least 2 years focused on non-deposit investment products.
• Familiarity with the Investment Advisers Act, Securities Act, Investment Company Act, Regulation Best Interest, Form CRS/ADV, FINRA rules, and related regulatory frameworks.
• Preferred but not required: in-house legal experience and exposure to regulatory agencies relevant to investment products.
• Exceptional communication skills, able to tailor messaging precisely for different audiences and contexts.
• Proactive ownership mindset with a willingness to research and resolve unknowns.
• Strong working knowledge of AI applications in legal roles or financial services and a genuine interest in leveraging AI for efficiency.
• Additional experience in financial services, payments, or fintech beyond investments/brokerage is a plus.

Preferred Qualifications

• Ability to develop legal perspectives that balance regulatory compliance with scalable, customer-friendly product design.
• Comfort with ambiguity and a focus on what regulations permit rather than just prohibit.
• Experience engaging in cross-functional projects, product design evaluation, and operational process development alongside compliance and operations teams.

Compensation & Benefits

• Competitive base salary and equity (stock options) package.
• Salary ranges for new hires based on experience, expertise, geographic location, and internal pay equity:
  • US employees in New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $219,000 - $273,800
  • US employees outside these metro areas: $197,100 - $246,400
  • Canadian employees (any location): $207,000 - $258,700 CAD

Location

• Open to candidates in specified US metro areas and Canada.

Equal Opportunity

The organization is an Equal Employment Opportunity employer committed to diversity and inclusion. All applicants are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation, or any other legally protected characteristic. Reasonable accommodations are provided throughout the recruitment process for applicants with disabilities or special needs.