Legal Counsel

We continue to build a world-class legal team to support SFOX and its affiliates as we continue to grow. We are looking for exceptional counsel to advise the business on product and commercial issues. The successful candidate will have a broad background in financial services regulation, ideally with some subject matter experience in cryptocurrencies.

The Legal Counsel will be remote with active bar membership and report directly to the General Counsel. Working closely with legal team and business colleagues, you will be responsible for regulatory analysis of new products and strategic initiatives, while assisting in drafting and negotiating complex technology, financial services, and vendor agreements. You will work with legal team colleagues and outside law firms to ensure that the business is fully informed of relevant regulatory developments and practical impact of new law and regulation on the business.

Responsibilities:

• Work as a member of the legal team to assist the leadership team in analyzing and navigating the financial regulatory landscape relevant to new products the company wishes to offer in the United States and internationally.
• Advising on a wide range of legal and regulatory issues relating to particular products (equities, options, futures), account types (options, margin, portfolio margin), and trading platforms (web, mobile, active trader) in the United States and internationally.
• Understanding the practical operational, staffing, and product development impact which results from different, complex financial services licenses the business may pursue
• Legal coverage of operations, including fulfillment, core clearing, records management, and brokerage regulatory reporting
• Legal coverage of securities lending business and other corporate treasury functions
• Subject matter expert on application of financial responsibility rules
• Drafting and/or reviewing disclosures, disclaimers, and educational content
• Partnering with business on product development and service enhancements
• Assisting with drafting and negotiating a wide range of agreements primarily with providers of research, marketing, educational, data services
• Assisting with regulatory inquiries, examinations, and investigations
• Reviewing and updating customer agreements, forms, and application
• Assessing impact of regulatory developments and contributing to implementation of regulatory changes

Requirements:

• Member in good standing of a state bar
• At least 3+ years of legal experience in financial services regulation in the financial services industry and/or private practice, or as a regulator. Experience with cryptocurrency is a major plus.
• Knowledge of and experience with the Securities Exchange Act of 1933.
• Excellent communications skills are critical. You must be able to provide crisp and practical legal advice and synthesize complex regulatory constructs succinctly and effectively, especially in circumstances where application of the law to the underlying technology and related products is unclear.
• Strong interpersonal skills to foster teamwork, influence decision-making, and maintain effective working relationships with internal colleagues and external clients.
• Ability to identify issues and suggest enhancements to form agreements, policies, procedures, and processes
• Ability to work independently and as part of a team.

SFOX is committed to diversity in its workforce and is proud to be an equal opportunity employer. We do not make hiring or employment decisions on the basis of race, color, religion, creed, gender, national origin, age, disability, veteran status, marital status, pregnancy, sex, gender expression or identity, sexual orientation, citizenship, or any other basis protected by applicable local, state or federal law.

About

SFOX is the all-in-one digital assets prime dealer that specializes in trade execution, and custody. Founded in 2014, we are the world’s only end-to-end cryptocurrency prime dealer. As the leading digital asset dealer, we are at the forefront of safety and security while providing a fast and effective trading platform to customers. With a single account we connect customers to 50+ different liquidity providers and provide them the algorithmic trading tools to be one step ahead of the market. We’re funded by leading investors including Social Capital, Khosla Ventures, Haystack, and Y Combinator.

We’re on a mission to open the world’s financial markets to everyone and we’re looking for exceptional talent to join our rapidly growing team.