Figure is looking to build out its innovative Marketplace and Figure Markets' products, which involve a global marketplace platform supporting the issuance and trading of digital assets, securities, and non-securities using blockchain. The company needs legal expertise to navigate the complex regulatory landscape of digital assets and financial services.
Requirements
- Deep financial markets experience in the securities and cryptocurrency industry, including at least 8+ years of experience practicing as in-house counsel for financial services firm (*mutual fund, broker-dealer, investment advisor, money transmitter dealing in virtual assets preferred *)
- Deep understanding on various aspects of the crypto ecosystem, including blockchain technology, DeFi, NFTs, and smart contracts.
- Experience working as an examiner, attorney, or industry specialist at a regulatory agency (SEC, CFTC), a plus
- Strong negotiation skills and ability to prepare and negotiate financial agreements (*e.g. *, prime brokerage, lending and derivatives documentation).
- Deep knowledge and understanding of the compliance and regulatory requirements around financial markets and crypto assets, including the regulation of 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.
- Staying up-to-date on evolving regulations, including those related to securities law, anti-money laundering (AML), and know your customer (KYC) requirements.
- 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
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 digital asset 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
- Providing legal support, analysis, and interpretation in connection with legislative and policy developments
- 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
Other
- J.D. and membership with at least one state bar
- Excellent written, oral, and interpersonal communication skills
- Ability to organize, prioritize, and manage projects effectively
- Figure will not sponsor work visas for this position.
- In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.
