Director, Legal

Augment Markets•,

6h•$175,000 - $225,000•Remote

About The Position

Augment is a software infrastructure company building the Robinhood for private markets. We are creating a modern platform that enables investors to access and trade shares in leading pre-IPO companies through a technology-driven experience. We operate at the intersection of software, brokerage, and private markets. Our platform is designed to make private market investing more accessible, efficient, and technology-native. We are hiring a Director of Legal to serve as a core deal lawyer within Augment's legal team. This is not a conventional in-house legal role. Augment is a Series A company, but we already execute complex private market transactions across SPVs, escrow arrangements, fund structures, side letters, brokerage operations, and securities placements. We need a transactional lawyer who can be a true partner to the legal, business development, and operations teams — someone who can structure, negotiate, and close deals while also helping build the legal infrastructure that allows us to scale. This person will work closely with the Head of Legal and report directly to her. You will own the legal execution of Augment's deal flow end-to-end: drafting and negotiating investment documents, structuring SPV and fund vehicles, managing side letter negotiations, and ensuring that each transaction closes cleanly and on terms that protect the company and its investors. You should be comfortable moving between high-level deal strategy and very detailed document work — one hour negotiating investor protections like distribution mechanics, redemption rights, and expense caps, and the next hour reviewing subscription documents, escrow agreements, or regulatory filings. This is a hands-on, individual contributor role. You will have support from outside counsel and internal team members, but you should expect to personally drive the most important transactional and structuring work yourself. Augment's deal volume and complexity are growing fast. Every transaction we execute — across SPVs, side letters, escrow structures, and new products — requires careful legal structuring and skilled negotiation. This role is about ensuring that our transactional legal work keeps pace with our ambition, protects our investors, and builds the foundation for a scalable platform.

Requirements

JD from an accredited law school and active bar membership in at least one U.S. jurisdiction
7–10 years of transactional legal experience, with at least 4 years focused on private markets, and a strong foundation at a major law firm and/or in-house at a financial services, fintech, or asset management company
Significant experience drafting and negotiating fund documents, SPV agreements, subscription agreements, side letters, and related private markets transaction documents
Strong understanding of securities law, investment company considerations, and broker-dealer or RIA regulatory frameworks
Experience with escrow arrangements, settlement mechanics, and multi-party transaction closings
Comfort with complex entity structures, multi-vehicle platforms, and institutional investor negotiations
Excellent drafting skills with strong attention to detail and commercial judgment
Ability to work independently and manage multiple simultaneous transactions

Nice To Haves

Willingness to obtain securities licenses (e.g., Series 7, Series 63, Series 65, Series 24)

Responsibilities

Serve as lead deal counsel across Augment's private market transactions
Structure, draft, and negotiate investment documents including subscription agreements, purchase agreements, LP agreements, and related transaction documents
Own the full deal lifecycle from term sheet through closing, coordinating across internal teams and external counterparties
Provide practical, business-minded legal advice on deal terms, risk allocation, and structuring alternatives
Own SPV and fund structuring and documentation
Draft and negotiate SPV operating agreements, fund documents, and related organizational materials
Structure vehicles that are efficient, scalable, and appropriate for Augment's platform and investor base
Advise on entity formation, governance, and dissolution across a growing portfolio of investment vehicles
Lead side letter and investor negotiation
Negotiate side letters with institutional and strategic investors, with a focus on key commercial terms such as in-kind distribution rights, redemption protections, and expense fee caps
Track and manage side letter obligations across the platform's investor relationships
Identify when investors require specific protections — such as MFN provisions or expense caps — and tailor documentation accordingly on a deal-by-deal basis
Manage escrow, settlement, and transaction operations
Oversee escrow arrangements, settlement mechanics, and closing deliverables for each transaction
Partner with operations and finance to ensure transaction flows are legally sound and operationally executable
Help design scalable processes for recurring deal types so the platform can grow without sacrificing legal rigor
Support securities regulatory and compliance work
Work with the compliance and legal teams to ensure transactions comply with applicable securities laws, broker-dealer regulations, and RIA requirements
Monitor and advise on regulatory considerations that directly impact deal execution, including publicly traded partnership (PTP) rules, Section 4(a)(7) holding period requirements, transfer restrictions, and resale eligibility
Assist with regulatory filings, offering documents, and investor disclosures as needed
Help manage conflicts of interest disclosures and related compliance obligations in connection with specific deals and relationships
Build and improve Augment's transactional legal infrastructure
Develop and maintain template libraries, playbooks, and precedent documents for recurring transaction types
Identify opportunities to standardize and automate legal workflows across the deal pipeline
Help select and manage outside counsel relationships for specialized or overflow transactional work
Partner cross-functionally with business and operations teams
Work closely with business development, product, and finance to evaluate new deal structures, product launches, and market opportunities
Translate legal risk and structuring considerations into clear guidance that non-lawyers can act on
Support diligence on new investment opportunities and counterparty relationships