Senior Commercial Counsel

Paxos
•$186,000 - $213,525

About The Position

Paxos is rebuilding financial infrastructure to be more inclusive and efficient. The Commercial Legal team partners with various departments to execute strategic partnerships and business priorities. This role involves providing clear, pragmatic legal guidance for commercial relationships, including those with institutional clients, financial institutions, and technology partners, to support product launches and market expansion. As Senior Commercial Counsel, you will collaborate with business teams to efficiently close deals while safeguarding Paxos' interests. You will translate legal, commercial, technological, and regulatory factors into actionable recommendations, develop scalable solutions like templates and playbooks, and help stakeholders proactively address potential issues. The role also includes managing various in-house legal matters such as drafting terms and conditions and negotiating financing documents. Adaptability and a willingness to take on new responsibilities are crucial as the business evolves.

Requirements

  • 6-10 years of commercial legal experience in technology transactions, SaaS agreements, corporate law, mergers & acquisitions, funds, and/or finance at a top tier law firm or high growth technology company (preferably a combination of both)
  • Experience leading complex commercial negotiations from initial term sheet through final execution, with sound judgment on when to hold firm and when to compromise
  • Commercial mindset with a deep understanding of practical business issues, and the ability to weigh legal risk against business objectives
  • Experience working cross-functionally on multiple projects under tight deadlines while building strong, trusted client relationships
  • Desire to work in a fast-paced, dynamic, and demanding environment, with comfort handling ambiguity and shifting priorities
  • Excellent written and verbal communication and negotiation skills, including the ability to explain complex legal issues clearly to non-lawyers
  • Efficient and judicious use of appropriate AI tools to improve speed and quality, with sound judgment about when human review is essential

Nice To Haves

  • Experience working on a wide variety of in-house legal matters, including employment issues, stock option plans, and intellectual property, and comfort handling unfamiliar areas of law as business needs arise
  • Experience working in a hyper-growth, tech-focused company, with an understanding of how legal teams can scale processes and support the business through rapid change
  • Strong interest in blockchain technology and its evolving regulatory landscape, with curiosity about how digital assets and tokenization are reshaping financial services

Responsibilities

  • Provide expert legal advice to senior finance and business development professionals on deal structure, risk allocation, approval paths, and practical options, translating legal complexity into clear recommendations that support business decisions.
  • Draft, negotiate, and close complex commercial, SaaS, technology, vendor, licensing, data, and strategic-partnership agreements, managing deals from term sheet through signature.
  • Keep cross-functional stakeholders aligned on priorities, decisions, tradeoffs, and next steps, communicating clearly and proactively throughout each matter.
  • Build and improve scalable contract processes, clause libraries, playbooks, and self-service resources that help the business move faster while maintaining consistent legal standards.
  • Spot patterns across matters, identify root causes, and design sustainable solutions rather than one-off fixes, turning recurring issues into lasting process improvements.
  • Use AI and other technology thoughtfully for legal review, drafting, research, and workflow management, applying appropriate human judgment and safeguards to protect quality, confidentiality, and accuracy.
  • Contribute across broader in-house matters as business needs evolve, taking on new areas of work with flexibility and a willingness to learn.
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