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Binance

Runs a global cryptocurrency trading exchange

Senior Counsel

Legal Counsel & Legal SupportPosted on Nov 10
Full-timeRemote in USA$180k - $200k /yr

About the Job

Requirements

  • A Juris Doctor (JD) is required.
  • At least 4 years of experience as a practicing attorney.
  • At least 2 years of experience in a law firm setting.
  • Experience engaging with regulators, including state officials or attorneys general, the Commodity Futures Trading Commission, the Securities and Exchange Commission, the Office of the Comptroller of the Currency, or other financial regulators.
  • Experience working with product teams, deeply understanding customer-facing products, and providing direct input on them.
  • Experience drafting and negotiating fintech, financial services, and technology agreements.
  • Experience advising financial institutions, including broker-dealers, on risk mitigation across financial products.

Responsibilities

  • Analyze potential legal risks and regulatory requirements for new products and technologies.
  • Review marketing materials and related product messaging and provide guidance to the business.
  • Develop playbooks that allow product teams to move quickly based on preset legal guidance.
  • Advise on proposed product flows, work with product teams toward compliant solutions, and provide language for new and revised terms of use and disclaimers.
  • Lead the regulatory licensing process in specific jurisdictions and project-manage other teams to obtain key licenses.
  • Prepare responses to regulatory inquiries from FINRA, NFA, and state securities and money transmission regulators.
  • Detail product and marketing compliance requirements for retail-user-facing securities broker-dealers, introducing brokers, futures commission merchants, and similar regulated entities.
  • Outline and oversee regular periodic reporting requirements.
  • Interpret laws and other compliance obligations as requirements for Compliance, Operations, Product, and Engineering teams.
  • Assist with civil, litigation, or regulatory matters and supervise outside counsel as needed.
  • Stay current on relevant finance, payments, and digital currency developments to provide sound marketing compliance advice.
  • Learn the business and its evolving needs to unblock stalled items and drive projects to completion.
  • Draft public-facing descriptions of new products and technologies.

Desired Qualifications

  • Startup experience, particularly in technology or cryptocurrency.

About the Company

Binance

Runs a global cryptocurrency trading exchange

Binance runs a cryptocurrency exchange for individual traders and institutions, with markets for buying digital assets outright and trading contracts tied to their prices. Its platform combines spot trading with margin, futures, and options tools, letting users manage several trading strategies through a single account. Customers also buy crypto using supported payment methods, track market prices, and manage portfolios through its website and mobile app. Binance earns trading fees, with rates based on trading volume, account tier, and the type of transaction, and runs research and education services for people learning about digital assets. The business launched in July 2017.

Company size
5,001-10,000
Company stage
Growth Equity (Venture Capital)
Total funding
$2B
Headquarters
Decentralised
Founded
2017

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