Openfx
Legal Counsel (U.S.)
U.S. (Remote) or Miami, FL. Posted 10 months ago
The role
This person will serve as a strategic partner and legal advisor across the business. They will focus on financial products and partnerships involving cross-border payments, cryptocurrency, foreign exchange, and technology.
What you will do
- Advise product and engineering teams on legal and regulatory aspects of product design, development, and launch
- Translate complex regulatory requirements into clear guidance
- Partner with business teams and compliance to develop and execute licensing and market entry strategies
- Provide regulatory guidance on payments, money transmission, cryptocurrency, foreign exchange, and cross-border transactions
- Identify potential regulatory risks and develop mitigation solutions
- Provide legal support for corporate governance, board matters, employment, privacy, intellectual property, fundraising, and strategic transactions
- Identify, assess, and develop mitigation strategies for legal and business risks
- Serve as a strategic business partner to leadership, product, engineering, and growth teams
- Manage external counsel and consultants
- Build scalable legal processes and frameworks
Required qualifications
- JD from an accredited law school
- Bar membership in good standing
- 7+ years of legal experience, including significant fintech or financial services background
- 15+ years of experience for senior Counsel level
- Strong knowledge of financial services and payments regulations
- Proven ability to provide practical, business-oriented legal advice
- Experience working collaboratively with product, engineering, compliance, and business teams
- Excellent analytical and problem-solving skills
- Outstanding written and verbal communication skills
- Self-starter who thrives in fast-paced, ambiguous environments
- Strong project management skills
Nice to have
- Knowledge and experience with cryptocurrency and/or Banking as a Service products
- Startup or high-growth company experience
- Significant experience with international regulatory regimes and cross-border transactions
- Humble team player who excels at collaboration
- Strategic thinker who anticipates challenges
- Comfortable making sound decisions with imperfect information
- Approaches legal work with curiosity and intellectual courage
- Energized by solving novel problems at the intersection of law, technology, and finance
- Sees legal as an enabler of business growth
Benefits
- Competitive salary and benefits package
- Equity in a rapidly growing company
- Opportunity to work in a fast-paced startup
- Opportunity to make a significant impact on global financial infrastructure
- Collaborative work culture with emphasis on personal and professional growth
About the company
OpenFX is building infrastructure to power the next generation of cross-border payment systems for institutions. The team is backed by Accel, Lightspeed, NfX and other investors.