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Product Counsel

Product Counsel

CompanyFigure
LocationNew York, NY, USA
Salary$166980 – $208725
TypeFull-Time
DegreesJD
Experience LevelSenior

Requirements

  • 5+ years of experience practicing as in-house counsel for financial services firm (mutual fund, broker-dealer, investment advisor, money transmitter dealing in virtual assets preferred)
  • Substantial subject matter expertise in securities matters including the Securities Act of 1933, Investment Advisers Act of 1940, and Investment Company Act of 1940
  • Experience working as an examiner, attorney, or industry specialist at a regulatory agency (SEC, CFTC), a plus
  • Strong negotiation skills and ability to prepare and negotiate financial agreements (e.g., prime brokerage, lending and derivatives documentation)
  • Deep knowledge and understanding of the compliance and regulatory requirements around financial markets and crypto assets, including the regulation of digital assets and crypto transactions and platforms and blockchain technology matters (e.g., smart contracts and digital wallets) in the provision of financial services and products
  • Product counseling experience in blockchain, crypto and securities products, including the ability to apply laws and regulations to new products and/or technologies, and the ability to review products and related functionality for compliance with applicable laws
  • Interest in digital assets, blockchain technology, and the innovations brought about by decentralized applications and DeFi
  • J.D. and membership with at least one state bar
  • Excellent written, oral, and interpersonal communication skills
  • Ability to organize, prioritize, and manage projects effectively

Responsibilities

  • Provide leadership in legal affairs for markets and products, providing sound advice on federal and state securities, banking and insurance laws and rules
  • Provide day-to-day legal, business, and strategic advice to internal markets-focused teams, addressing challenges and offering solutions in the development and implementation of groundbreaking digital asset financial products and services
  • Offer comprehensive legal guidance throughout the product life cycle, from conception through to launch, operation, and eventual sunset, aiding in both the construction and, when necessary, the dismantling of products
  • Remain up-to-date on existing and changing relevant digital assets, blockchain, securities and technology laws and regulations to ensure compliance therewith
  • Providing legal support, analysis, and interpretation in connection with legislative and policy developments
  • Develop and deliver both forward-looking and ad hoc guidance to the marketing and design teams regarding matters pertaining to the product lifecycle and other related initiatives
  • Establish or continue to build strong and positive relationships with stakeholders

Preferred Qualifications

  • Experience working as an examiner, attorney, or industry specialist at a regulatory agency (SEC, CFTC), a plus