Legal Counsel (U.S.)

About Us

OpenFX is on a mission to move money as freely as data, unrestricted by time zones, banking hours, or legacy systems. We are building the infrastructure that will power the next generation of cross-border payment systems for institutions. The team's execution has been exceptional, and we're scaling at a remarkable pace. Our stellar early team comes with experience in companies like J.P. Morgan, Goldman Sachs, FalconX, Paypal, Affirm, Polygon, Kraken, Nium & others. We’re backed by Accel, Lightspeed, NfX and other top-tier investors.

Role Overview

We're seeking an exceptional Legal Counsel to serve as a strategic partner and legal advisor across our business, with a particular focus on financial products and partnerships. This role combines the intellectual challenge of navigating cutting-edge financial technology with the opportunity to shape legal strategy in the early stages at a high-growth company. You'll work on some of the most complex and interesting problems at the intersection of cross-border payments, cryptocurrency, foreign exchange and technology—providing pragmatic, business-oriented counsel that enables rapid growth while managing risk effectively.

The ideal candidate is a team player who is energized by a high-growth environment and translating complex legal requirements and legal ambiguity into clear, actionable strategies. You move quickly with sound judgment, and excel as a trusted senior advisor to product, engineering, compliance, and business teams.

Key Responsibilities

• Product Legal
  • 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
• Regulatory & Licensing Strategy
  • 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
• Corporate & General Legal Matters
  • 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
• Cross-Functional Partnership
  • Serve 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 are looking for

Must-haves:

• 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