Counsel, Credit

B Capital; New York (NY); On-site; USD 162,000 - 219,000; Full time

Benefits offered by this job

Performance-linked bonus

Equity compensation

Competitive benefits package

Job summary

FalconX, based in New York, is looking for an experienced Credit Counsel to join its legal team. In this role, you will advise on legal matters related to digital asset lending, collaborating with cross-functional teams to ensure regulatory compliance and mitigate legal risks.

Ideal candidates will possess a J.D., have 4-7 years of legal experience, and a strong understanding of credit and secured lending practices. The base pay for this position ranges from $162,000 to $219,000 annually, complemented by performance bonuses and a competitive benefits package.

Qualifications

• 4-7 years of relevant legal experience, especially in credit, lending, or structured finance.
• Experience in fintech, crypto, or digital asset environments preferred.
• Strong knowledge of secured lending and collateral management practices.

Responsibilities

• Provide legal guidance on digital asset lending and credit-related activities.
• Analyze regulatory frameworks affecting digital asset lending.
• Draft and negotiate credit-related documentation.

Skills

Legal analysis

Regulatory compliance

Credit documentation

Project management

Education

J.D. from an accredited law school

Tools

UCC Article 9

Job description

FalconX is a pioneering team of operators, investors, and builders committed to revolutionizing institutional access to the crypto markets. Operating at the intersection of traditional finance and cutting‑edge technology, FalconX addresses the industry's foremost challenges: navigating the digital asset market can be complex and fragmented, with limited products and services that support trading strategies, structures, and liquidity found in conventional financial markets. As a comprehensive solution for all digital asset strategies from start to scale, FalconX operates as the connective tissue empowering clients with seamless navigation through the ever‑evolving cryptocurrency landscape.

The Opportunity

We are seeking an experienced Credit Counsel to join our legal team as a primary legal advisor to FalconX’s credit businesses. In this high‑impact role, you will provide strategic legal guidance on all aspects of digital asset lending, margin, borrowing, and other credit‑related activities. You will work cross‑functionally with Product, Markets, Risk, Operations, and Compliance teams to support new product development, ensure regulatory compliance, and manage legal risk in a rapidly evolving market.

Key Responsibilities

• Credit Product Support
  • Advise on the structuring, negotiation, and documentation of digital asset loans, margin facilities, borrowing structures, and other credit arrangements.
  • Draft, review, and negotiate master loan agreements, collateral agreements, security documents, and related transactional documentation.
  • Partner with Product and Business Development teams to design and launch new credit products and structures.
• Regulatory & Compliance Advisory
  • Analyze and advise on U.S. and international legal and regulatory frameworks applicable to digital asset lending, including securities, commodities, banking, and consumer protection laws.
  • Monitor regulatory developments impacting digital asset credit markets and communicate implications to internal stakeholders.
  • Collaborate with Compliance to develop and maintain policies, procedures, and controls for credit operations.
  • Identify, assess, and mitigate legal risks associated with credit extension, collateral management, counterparty default, and insolvency scenarios.
  • Support the development and implementation of robust risk management frameworks for credit exposures.
  • Manage and resolve disputes, litigation, or enforcement actions arising from credit transactions or counterparties.
  • Oversee workout, restructuring, and recovery efforts in distressed situations.
• Cross‑Functional Collaboration
  • Work closely with Markets, Operations, Risk, and Technology teams to ensure seamless execution and settlement of credit transactions.
  • Educate business partners on legal and regulatory issues affecting the credit business.

Qualifications

• J.D. from an accredited law school; active membership in good standing with at least one U.S. state bar.
• 4 – 7 years of relevant legal experience, with significant time spent advising on credit, lending, or structured finance matters for financial institutions, fintechs, or digital asset firms.
• Deep understanding of secured lending, margin, and collateral management practices.
• Familiarity with UCC Article 9, bankruptcy/insolvency regimes, and digital asset custody considerations.
• Experience drafting and negotiating complex credit and collateral documentation.
• Strong knowledge of the regulatory landscape for digital assets and/or traditional credit products.
• Excellent analytical, communication, and project management skills.
• Prior experience in fintech, crypto, or digital asset environments preferred.

The base pay for this role is expected to be between $162,000 – $219,000 in the New York City Area. This expected base pay range is based on information at the time this post was generated. This role will also be eligible for other forms of compensation such as a performance‑linked bonus, equity, and a competitive benefits package. Actual compensation for a successful candidate will be determined based on a number of factors such as location, skillset, experience, qualifications, and the level at which the candidate is hired.

FalconX is an equal opportunity employer, consider us a safe workplace. We encourage applications from individuals from all backgrounds, ensuring equal employment opportunities regardless of race, color, religion, national origin, ancestry, ethnicity, sex (including gender, pregnancy, sexual orientation, and gender identity), age, physical or mental disability, veteran or military status, genetic information, citizenship, or any other legally‑recognized protected basis under federal, state, or local law. Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and other applicable state or local laws. If you need assistance with the application process, please inform FalconX’s People team at [e-mail].