Product Counsel, Crypto

Figure Lending; San Francisco, New York (CA, NY); Hybrid; USD 166,980 - 250,470; Full time

Benefits offered by this job

Comprehensive health, vision, and dental insurance

401(k) and commuter benefits

11 holidays & PTO plan

Up to 12 weeks paid family leave

Employer-funded life and disability insurance

Job summary

Figure Lending is seeking a Legal Counsel specializing in blockchain and securities to provide leadership in legal affairs for their innovative financial markets. The role involves offering strategic advice on securities laws and compliance while supporting product development from conception through launch.

The ideal candidate will have extensive experience in the securities and cryptocurrency sectors, along with a deep understanding of relevant regulations. The position is open to in-person and remote candidates, primarily based in San Francisco.

Qualifications

• 5+ years of experience in securities and cryptocurrency industry.
• Subject matter expertise in securities laws and regulation.
• Experience with regulatory agencies (SEC, CFTC) is a plus.

Responsibilities

• Provide leadership in legal affairs for markets and products.
• Offer guidance throughout product life cycle from conception to launch.
• Develop and deliver guidance on product lifecycle and marketing initiatives.

Skills

Financial markets expertise

Negotiation skills

Written and verbal communication

Project management

Education

J.D. and state bar membership

Job description

Figure (NASDAQ: FIGR) is transforming capital markets through blockchain. We’re proving that blockchain isn’t just theory - it’s powering real products used by hundreds of thousands of consumers and institutions.

By combining blockchain’s transparency and efficiency with AI-driven automation, we’ve reimagined how loans are originated, funded, and traded in secondary markets. From faster processing times to lower costs and reduced bias, our technology is helping borrowers, investors, and financial institutions achieve better outcomes.

Together with our 170+ partners, we’ve originated over $22 billion in home equity loans (HELOCs) on our blockchain-native platform, making Figure the largest non-bank provider of home equity financing in the U.S. Figure’s ecosystem also includes YLDS, an SEC-registered yield‑bearing stablecoin that operates as a tokenized money market fund, and several other products and platforms that are reshaping consumer finance and capital markets.

We are looking for someone who wants to innovate at the intersection of crypto and securities. If this is you, you’ll be part of a team building Figure’s marketplaces and products. Figure Markets has a global marketplace platform that supports issuing and trading of digital assets, securities, and non‑securities, using blockchain. You’ll have experience in one or more of the following jurisdictions: Americas, Europe, Asia, Middle East. Our Legal team plays a central role in Figure Markets’ hyper‑growth and the realization of our mission of leveraging blockchain to transform financial services. Open to both in‑person and remote candidates, who will report to a Senior Counsel working out of New York.

What You’ll Do

• Provide leadership in legal affairs for markets and products, providing sound advice on federal and state securities, banking, and insurance laws and rules
• Provide day‑to‑day legal, business, and strategic advice to internal markets‑focused teams, addressing challenges and offering solutions in the development and implementation of groundbreaking Real‑World Asset digital tokens and related financial products and services
• Offer comprehensive legal guidance throughout the product life cycle, from conception through to launch, operation, and eventual sunset, aiding in both the construction and, when necessary, the dismantling of products
• Remain up‑to‑date on existing and changing relevant digital assets, blockchain, securities, and technology laws and regulations to ensure compliance therewith
• Develop and deliver both forward‑looking and ad hoc guidance to the marketing and design teams regarding matters pertaining to the product lifecycle and other related initiatives
• Establish or continue to build strong and positive relationships with affiliates and other ecosystem players for effective product lifecycle

What We Look For

• The ideal candidate has deep financial markets experience in the securities and cryptocurrency industry, including at least 5+ years of experience practicing as either outside counsel or in‑house counsel for financial services firms (mutual fund, broker‑dealer, investment advisor, OTC trading businesses, money transmitter dealing in virtual assets preferred)
• Substantial subject matter expertise in securities matters, including the Securities Act of 1933, Securities Exchange Act of 1934, Investment Advisers Act of 1940, and Investment Company Act of 1940
• Experience working as an examiner, attorney, or industry specialist at a regulatory agency (SEC, CFTC), a plus
• Strong negotiation skills and ability to prepare and negotiate financial agreements (prime brokerage, trading agreements, lending, and derivatives documentation)
• Deep knowledge and understanding of the compliance and regulatory requirements around financial markets and crypto assets, including the regulation of RWA digital assets and crypto transactions and platforms, and blockchain technology matters (smart contracts and digital wallets) in the provision of financial services and products
• Product counseling experience in blockchain, crypto, and securities products, including the ability to apply laws and regulations to new products and/or technologies, and the ability to review products and related functionality for compliance with applicable laws
• Interest in digital assets, blockchain technology, and the innovations brought about by decentralized applications and DeFi
• J.D. and membership with at least one state bar
• Excellent written, oral, and interpersonal communication skills for both in‑person and remote audiences
• Ability to own, organize, prioritize, and manage projects effectively
• Adhere to all company security policies and data handling procedures
• Complete mandatory security awareness training within required timeframes
• Promptly report any suspected security incidents or suspicious activity to the Security team
• Base Compensation Range: $166,980 – $250,470 / yr
• Company equity in the form of RSUs

This is the compensation range for the role in the United States. Actual compensation may vary based on a candidate’s experience, skills, location, internal equity, and evolving business needs. While most offers are generally made within the middle of the range, final compensation is determined based on the factors above.

• Comprehensive health, vision, and dental insurance with 100% employer‑paid premiums for employees and their dependents on select plans
• Company HSA, FSA, Dependent Care, 401(k), and commuter benefits
• Employer‑funded life and disability insurance coverage
• 11 observed holidays & PTO plan
• Up to 12 weeks paid family leave
• Continuing education reimbursement

We do not discriminate on the basis of any protected group status under any applicable law.

Figure will not sponsor work visas for this position. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.