Senior Counsel - Product & Regulatory (Investment Products)

Overview

This role involves serving as the primary legal advisor for a portfolio of investment products, including non-deposit investment offerings accessed by business and consumer customers. The position requires active involvement throughout the product lifecycle, from new feature development and drafting disclosures to advising on marketing content and operational matters with regulatory implications. The regulatory environment is complex and evolving, and the role demands a proactive, collaborative approach across multiple functions.

Responsibilities

• Own the legal aspects of investment products, advising on all stages of the product lifecycle.
• Collaborate cross-functionally with product, compliance, risk, engineering, and operations teams to integrate legal perspectives early in development.
• Support compliance efforts by interpreting regulatory requirements, evaluating approaches, and assisting with examination readiness related to FINRA and SEC.
• Contribute to other legal areas beyond investment products to broaden expertise.
• Utilize AI tools to enhance legal workflow efficiency.
• Communicate complex regulatory concepts clearly and effectively to internal teams and external audiences.
• Adapt to regulatory changes and product pivots, maintaining agility and curiosity.

Requirements

• Minimum of 6 years of legal experience, including 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 regulations.
• Preferred experience includes in-house legal roles and exposure to regulatory agencies relevant to investment products.
• Exceptional communication skills tailored to diverse audiences.
• Proactive ownership mindset with a willingness to research and resolve unknowns.
• Strong working knowledge of AI applications in legal or financial services contexts.
• Additional experience in financial services, payments, or fintech is advantageous.

Preferred Qualifications

• Ability to interpret regulations not only for compliance but to identify scalable, customer-friendly solutions.
• Comfort with ambiguity and a problem-solving orientation.
• Experience engaging in cross-functional project scoping, product design evaluation, and operational process development.

Compensation & Benefits

• Competitive base salary and equity (stock options) package.
• Salary ranges for U.S. employees:
  • New York City, Los Angeles, Seattle, San Francisco Bay Area: $219,000 - $273,800
  • Other U.S. locations: $197,100 - $246,400
• Canadian employees: $207,000 - $258,700 CAD
• Benefits package included.

Location

• Positions available in multiple U.S. locations and Canada.

Equal Opportunity

The employer is an Equal Employment Opportunity organization committed to diversity and inclusion. All applicants are considered without regard to legally protected characteristics. Reasonable accommodations are provided during the recruitment process upon request.