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Legal Counsel

Openfx - Remote - Remote - posted 2026-07-24

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OpenFX is building infrastructure to enable cross-border payments at scale, moving money as freely as data across time zones and legacy systems. The company is backed by top-tier investors (Accel, Lightspeed, NfX) and has assembled an exceptional team from JP Morgan, Goldman Sachs, FalconX, PayPal, Affirm, Polygon, Kraken, and Nium. As Legal Counsel, you will serve as a strategic legal advisor across the business with particular focus on financial products and partnerships. This is a high-impact role at the intersection of cross-border payments, cryptocurrency, foreign exchange, and technology. Key responsibilities include: **Product Legal**: Advise product and engineering teams on legal and regulatory aspects of payment and banking product design, development, and launch. Translate complex regulatory requirements into clear guidance that enables rapid, compliant product development. **Regulatory & Licensing Strategy**: Partner with business and compliance teams to develop and execute licensing and market entry strategies across multiple jurisdictions. Provide forward-thinking regulatory guidance on payments, money transmission, cryptocurrency, foreign exchange, and cross-border transactions. Identify regulatory risks and develop pragmatic mitigation solutions. **Corporate & General Legal**: Provide comprehensive legal support across corporate governance, board matters, employment, HR, privacy, IP, fundraising, and strategic transactions. Assess legal and business risks and develop mitigation strategies. **Cross-Functional Partnership**: Serve as strategic business partner to leadership, product, engineering, and growth teams. Manage external counsel efficiently. Build scalable legal processes and frameworks supporting rapid growth. Required: JD from accredited law school, bar membership in good standing, 7+ years legal experience with significant fintech/financial services background (15+ for senior counsel level), strong knowledge of financial services and payments regulations, proven ability to provide practical business-oriented legal advice balancing risk with commercial objectives, collaborative experience with product/engineering/compliance/business teams, excellent analytical and communication skills, self-starter mentality in fast-paced environments, strong project management. Desirable: Cryptocurrency and/or Banking as a Service experience, startup/high-growth company background, international regulatory expertise, cross-border transaction experience, strategic thinking, comfort with imperfect information.

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