Figure

Product Counsel, Crypto

Figure$166K — $250K *
US-Anywhere
+ 2 other locationsRemote
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of legal experience in financial services (mutual fund, broker-dealer, etc.)
  • Expertise in key securities laws (1933 Act, 1934 Act, etc.)
  • Experience with regulatory agencies (SEC, CFTC) is a plus
  • Strong negotiation skills for financial agreements
  • In-depth knowledge of compliance and regulatory frameworks for crypto assets
  • Experience in product counseling within blockchain and securities sectors
  • J.D. and active membership with a state bar

Responsibilities

  • Lead legal affairs for markets and product development
  • Provide strategic legal advice to internal teams
  • Guide products through the entire lifecycle from conception to decommission
  • Stay updated on digital asset laws and regulations
  • Develop guidance for marketing and design concerning product initiatives
  • Build relationships with affiliates for effective product management

Benefits

  • Comprehensive health, vision, and dental insurance with 100% employer-paid premiums
  • 401k and other financial benefits available
  • Employer-funded life and disability insurance
  • Generous holiday and paid time off policies
  • Up to 12 weeks of paid family leave
  • Continuing education reimbursement programs
Full Job Description
We are looking for someone who wants to innovate at the intersection of crypto and securities. If this is you, you9ll be part of a team building Figure9s marketplaces and products. Figure Markets has a global marketplace platform that supports issuing and trading of digital assets, securities, and non-securities, using blockchain. You9ll have experience in one or more of the following jurisdictions: Americas, Europe, Asia, Middle East. Our Legal team plays a central role in Figure Markets9 hyper-growth and the realization of our mission of leveraging blockchain to transform financial services. Open to both in-person and remote candidates, who will report to a Senior Counsel working out of New York. What You9ll Do 3 Provide leadership in legal affairs for markets and products, providing sound advice on federal and state securities, banking, and insurance laws and rules 3 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 3 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 3 Remain up-to-date on existing and changing relevant digital assets, blockchain, securities, and technology laws and regulations to ensure compliance therewith 3 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. 3 Establish or continue to build strong and positive relationships with affiliates and other ecosystem players for effective product lifecycle What We Look For 3 The ideal candidate has deep financial markets experience in the securities and cryptocurrency industry, including 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) 3 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 3 Experience working as an examiner, attorney, or industry specialist at a regulatory agency (SEC, CFTC), a plus 3 Strong negotiation skills and ability to prepare and negotiate financial agreements (e.g., prime brokerage, trading agreements, lending, and derivatives documentation) 3 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 3 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 3 Interest in digital assets, blockchain technology, and the innovations brought about by decentralized applications and DeFi 3 J.D. and membership with at least one state bar 3 Excellent written, oral, and interpersonal communication skills for both in-person and remote audiences 3 Ability to own, organize, prioritize, and manage projects effectively 3 Adhere to all company security policies and data handling procedures 3 Complete mandatory security awareness training within required timeframes 3 Promptly report any suspected security incidents or suspicious activity to the Security team Salary 3 Base Compensation Range: $166,980 - $250,470/yr 3 25% annual bonus target, paid quarterly 3 Company equity in the form of RSUs This is the compensation range for the role in the United States. Actual compensation may vary based on a candidate9s experience, skills, location, internal equity, and evolving business needs. While most offers are generally made within the middle of the range, final compensation is determined based on the factors above. Benefits 3 Comprehensive health, vision, and dental insurance with 100% employer-paid premiums for employees and their dependents on select plans 3 Company HSA, FSA, Dependent Care, 401k, and commuter benefits 3 Employer-funded life and disability insurance coverage 3 11 Observed Holidays & PTO plan 3 Up to 12 weeks paid family leave 3 Continuing education reimbursement #LI-RF1 #LI-Remote

About Figure

Figure is a financial technology company that provides home equity loans and other financial services. The company was founded in 2018 by Mike Cagney, a former CEO of the online lending platform, SoFi. Figure's platform uses blockchain technology to streamline the loan application process and reduce costs. The company has raised over $225 million in funding and has partnerships with several major financial institutions, including Jefferies and WSFS Bank. Figure was named one of the 50 most innovative fintech companies in the world by Forbes in 2019.
Learn more about Figure
Size
200 employees
Industry
Founded
2018

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