Product Counsel, Crypto

Figure Lending • San Francisco, NY

2d • Hybrid

About The Position

Figure is seeking a Product Counsel, Crypto to innovate at the intersection of crypto and securities. This role will be part of a team building Figure’s marketplaces and products, specifically focusing on Figure Markets, a global marketplace platform that supports the issuance and trading of digital assets, securities, and non-securities using blockchain. The Product Counsel will provide legal leadership for markets and products, offering advice on federal and state securities, banking, and insurance laws. They will give day-to-day legal, business, and strategic advice to internal markets-focused teams, addressing challenges and offering solutions for groundbreaking Real-World Asset digital tokens and related financial products. The role involves providing comprehensive legal guidance throughout the product life cycle, staying updated on digital assets, blockchain, securities, and technology laws, and developing guidance for marketing and design teams. Building strong relationships with affiliates and ecosystem players is also a key aspect of this role.

Requirements

• Deep financial markets experience in the securities and cryptocurrency industry
• At least 5+ years of experience practicing as either outside counsel or in-house counsel for financial services firms (mutual fund, broker-dealer, investment advisor, OTC trading businesses, money transmitter dealing in virtual assets preferred)
• Substantial subject matter expertise in securities matters, including the Securities Act of 1933, Securities Exchange Act of 1934, Investment Advisers Act of 1940, and Investment Company Act of 1940
• Strong negotiation skills and ability to prepare and negotiate financial agreements (e.g., prime brokerage, trading agreements, lending, and derivatives documentation)
• Deep knowledge and understanding of the compliance and regulatory requirements around financial markets and crypto assets, including the regulation of RWA 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
• J.D. and membership with at least one state bar
• Excellent written, oral, and interpersonal communication skills for both in-person and remote audiences
• Ability to own, organize, prioritize, and manage projects effectively

Nice To Haves

• Experience working as an examiner, attorney, or industry specialist at a regulatory agency (SEC, CFTC), a plus
• Interest in digital assets, blockchain technology, and the innovations brought about by decentralized applications and DeFi

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 Real-World Asset digital tokens and related 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
• 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 affiliates and other ecosystem players for effective product lifecycle

Benefits

• Comprehensive health, vision, and dental insurance with 100% employer-paid premiums for employees and their dependents on select plans
• Company HSA, FSA, Dependent Care, 401k, and commuter benefits
• Employer-funded life and disability insurance coverage
• 11 Observed Holidays & PTO plan
• Up to 12 weeks paid family leave
• Continuing education reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Ph.D. or professional degree