Legal Counsel (U.S.) at OpenFX serves as a strategic legal advisor focused on financial products and partnerships, navigating complex regulatory landscapes in fintech, cross-border payments, cryptocurrency, and foreign exchange. This role balances risk management with business growth while supporting product development and global market expansion.
What You'll Do
- Advise product and engineering teams on the legal and regulatory aspects of product design, development, and launch, with a particular focus on payment and banking products
- Translate complex regulatory requirements into clear guidance that helps teams build compliant products while growing rapidly
- Partner closely with business teams and compliance to develop and execute licensing and market entry strategies across multiple jurisdictions, contributing to and overseeing license applications
- Provide practical, forward-thinking regulatory guidance on the complex and evolving regulatory landscape for payments, money transmission, cryptocurrency, foreign exchange, and cross-border transactions across global markets, leveraging local counsel efficiently and effectively
- Identify potential regulatory risks and develop creative, pragmatic solutions to mitigate them while achieving business objectives
- Provide comprehensive legal support across the full range of corporate legal matters impacting the company, including corporate governance and board matters, employment and HR issues, privacy, intellectual property, fundraising and strategic transactions, and other general corporate legal needs as the business scales
- Identify, assess, and develop mitigation strategies for legal and business risks across the organization
- Seve as a strategic business partner to leadership, product, engineering, and growth teams
- Manage external counsel and consultants efficiently to support the business with cost-effective, high-quality legal services
- Build scalable legal processes and frameworks that support OpenFX's rapid growth
- Contribute to building a collaborative, high-performing legal function
What We're Looking For
- JD from an accredited law school and 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 that appropriately balances risk with commercial objectives
- Experience working collaboratively with product, engineering, compliance, and business teams
- Excellent analytical and problem-solving skills combining creativity with meticulous attention to detail
- Outstanding written and verbal communication skills
- Self-starter who thrives in fast-paced, ambiguous environments and takes ownership of work
- Strong project management skills and ability to manage multiple priorities and execute quickly
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
Benefits & Compensation
- Competitive salary and benefits package
- Equity in a rapidly growing, well-funded company
- Opportunity to work on cutting-edge fintech challenges with global impact
- Collaborative, mission-driven culture with emphasis on personal and professional growth
- Flexibility to work remotely from anywhere
- Direct partnership with leadership and high visibility across the organization
Work Mode
Flexibility to work remotely from anywhere in the U.S. or from the Miami office
OpenFX is committed to building a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
