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Founding Head of Legal

Founding Head of Legal

CompanyModernFi
LocationNew York, NY, USA
Salary$160000 – $240000
TypeFull-Time
DegreesJD
Experience LevelSenior

Requirements

  • 5–8+ years of experience, ideally with a mix of law firm and in-house roles, particularly at a technology or fintech company.
  • Hold a JD from a prominent law school as well as a bar admission.
  • Confident in contract negotiation and legal strategy, especially in regulated or B2B enterprise contexts.
  • Thoughtful and pragmatic in your approach to legal risk, with the ability to advise on what’s essential, what’s flexible, and what to push back on.
  • Comfortable working cross-functionally and explaining legal concepts to non-legal stakeholders.
  • Entrepreneurial — excited to build from the ground up, work through ambiguity, and be part of a founding team.

Responsibilities

  • Own all core legal responsibilities as the first in-house legal hire, including revising, reviewing and negotiating client contracts, vendor agreements, NDAs, and employment documents.
  • Advise on legal risk, particularly in reviewing contractual agreements from institutional bank and credit union partners and vendor relationships.
  • Support due diligence processes from customers, vendors, and investors with clear, efficient, and consistent legal review.
  • Partner with internal teams on employment-related legal needs, such as offer letters and policy documentation.
  • Prepare for and support fundraising activities, including working with outside counsel and managing investor diligence.
  • Contribute to ModernFi’s compliance posture, especially regarding frameworks relevant to FDIC, NCUA, OCC, and Federal Reserve guidance on risk management for third-party relationships.
  • Represent ModernFi on external legal and compliance calls with banks, credit unions, and other partners.
  • Build the internal legal infrastructure — processes, templates, and policies — that will scale with the company.

Preferred Qualifications

  • Experience with banks, credit unions, or financial infrastructure is a strong plus.
  • Familiarity with regulatory and compliance frameworks for financial services (e.g., GLBA, SOC 2, FFIEC).
  • Experience supporting early-stage fundraising or venture-backed startups.