Senior Fund Counsel, Figure Markets
$212.5-265.6k
+ Up to 25% Company quarterly performance based bonus and equity
More information about location
Decentralized trading platform
Open for applications
Decentralized trading platform
21-100 employees
Open for applications
$212.5-265.6k
+ Up to 25% Company quarterly performance based bonus and equity
More information about location
21-100 employees
Company mission
To democratize finance through blockchain.
Role
Who you are
- A prudent commercial perspective in our markets and products, along with the dedication to defend our positions
- Comfortable with ambiguity and quick pivots
- 7-10 prior years of related law firm and/or in-house legal experience working in fintech, digital assets, or high-growth tech companies and crypto companies
- Deep experience with fund formation, fund administration, and registered investment advisers, exchanges, market making, financial derivatives, cryptocurrency, and open source software
- Understanding of the compliance and regulatory requirements around crypto assets
- Knowledgeable in a wide array of international laws, regulations, and frameworks relevant to financial services, internet technology, and crypto, including banking regulations, money transmission laws, securities regulations, GDPR, BSA, CFPB, CFTC, FTC (including UDAAP), and more
- Ability to make sound legal judgments, applying analytical rigor, prudent risk assessment, and a mix of creativity and pragmatism as necessary, to discern when flexibility in interpretation is warranted
- Interest in digital assets, blockchain technology, and the innovations brought about by decentralized applications, web3, and DeFi
- J.D. and membership with at least one state bar
- Substantial subject matter expertise in securities matters including the Securities Act of 1933, Investment Advisers Act of 1940, and Investment Company Act of 1940
- Self-starter who will take ownership of projects
- Excellent written, oral, and interpersonal communication skills
- Ability to organize, prioritize, and manage projects effectively
What the job involves
- This role will contribute to building out Figure’s fund products (“the Funds”) and provide counsel on the structuring, jurisdictional analysis and documentation for domestic and internationally based funds
- In this role, you will effectively communicate and build relationships cross-functionally, including partnering with Sales, Finance, Product, Engineering and Compliance, to tackle new legal questions and reach creative solutions
- Legal team plays a central role in Figure Markets’ hyper growth and the realization of our mission of leveraging blockchain to transform financial services
- Help structure and launch new Funds and implement existing Funds,, including providing legal and regulatory guidance and documentation, and production of subscription and related agreements applicable to US and international based funds
- Lead and proactively identify risk-weighted advice to the business, including the identification, escalation and mitigation of legal risks associated with the Funds and its customer’s investment activities
- Take ownership for the development and implementation of appropriate control processes, precedents and checklists for the ongoing review of investments in digital assets and unlisted assets
- Provide strategic legal advice for the Funds’ existing investments and related products, including crypto assets, and provide legal and regulatory advice with respect to marketing of such vehicles and investment advisory services
- Negotiate and document contractual arrangements within a transaction, including bespoke contracts for first of their kind products and services with limited precedent, as well as review and negotiate vendor contracts
- Own the relationship with external due diligence providers to ensure all material risks are addressed
- Review and provide legal and regulatory advice on new regulatory developments, including being up to date with legal and regulatory trends in blockchain and digital assets to better inform legal advice given to the company, and participating in industry groups
- Help to ensure the Funds are structured and operating in an optimal manner to ensure scale and opportunities are exploited
Our take
To help advance the future of cryptocurrency, Figure Markets supplies a decentralized platform to trade, borrow and invest from one place. Powered by blockchain, its marketplace was built to set a new standard in digital asset trading.
Committed to building the “exchange for everything", the company is aiming to bring public equity, fixed-income securities and alternative investments onto its marketplace. It will also support cross-collateralization across all assets - a feature that is sure to make it stand out.
As cryptocurrency becomes more widely embraced, platforms like Figure Markets' have a real opportunity for growth. As a young company, founded in 2024, we've yet to see what Figure Markets can do, but it should be one to watch for anyone interested in digital assets.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
Company
Funding (1 round)
Mar 2024
$60m
SERIES A
Total funding: $60m
Company benefits
- Figure Markets pays 100% of premium costs for employees and dependents for medical, dental, and vision insurance (with the exception of costs associated with the buy-up medical plan)
- Figure Markets will reimburse eligible employees for approved continuing education that either offers growth in an area related to their current position or that may lead to promotional opportunities
- We offer ten company-wide holidays plus one personal holiday, generous Flexible Time Away (FTA), Paid Time Off (PTO), and Paid Parental Leave
- Figure Market's Bonus Plan recognizes and rewards eligible employees' efforts and contributions. Eligible employees are also granted an option to purchase a set number of shares of Figure Market's common stock
Company HQ
SoMa, San Francisco, CA
Articles
Leadership
Mike Cagney
(CEO)Executive Board Chair at Figure. Former Co-Founder, CEO and Board Chair of SoFi. Was also Board Chair at ReFlow Services, and co-founded Cabezon Investment Group and Finaplex.
June O.
(President)Co-Founder and President of Figure. Was VP of Product Management and Engineering at SoFi, and CEO and Founder of CCO Solutions.
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