Senior Product Counsel

Paxos

Paxos

Product, Legal
United States · Remote
USD 187,435-220,511 / year + Equity
Posted on May 31, 2025

About Paxos

Today’s financial infrastructure is archaic, expensive, inefficient and risky — supporting a system that leaves out more people than it lets in. So we’re rebuilding it.

We’re on a mission to open the world’s financial system to everyone by enabling the instant movement of any asset, any time, in a trustworthy way. For over a decade, we’ve built blockchain infrastructure that tokenizes, custodies, trades and settles assets for the world’s leading financial institutions, like PayPal, Venmo, Mastercard and Interactive Brokers.

About the team

Our Legal team serves as a strategic partner in Paxos' mission to modernize financial infrastructure. The Product Counseling function is the critical bridge between our innovative product development and regulatory compliance requirements. Working closely with Product, Engineering, Risk and Compliance teams, we ensure our cutting-edge blockchain solutions meet the highest standards of legal and regulatory compliance while enabling business growth.

About the role

As Senior Product Counsel, you'll play a pivotal role in shaping the future of digital assets and financial technology. You'll partner with product and engineering teams throughout the product lifecycle - from ideation through launch and beyond - providing strategic legal guidance that enables innovation while ensuring regulatory compliance. This role offers a unique opportunity to work at the intersection of traditional finance, blockchain technology, and regulatory frameworks.

What you'll do

  • Partner with product teams to develop and launch innovative blockchain and financial products, providing strategic legal guidance from conception through implementation
  • Analyze complex regulatory requirements across multiple jurisdictions and translate them into practical product and engineering requirements
  • Lead cross-functional collaboration between Legal, Product, Engineering, and Compliance teams to ensure alignment on product development and risk management
  • Draft and review product documentation, terms of service, and regulatory submissions for new products and features
  • Develop and maintain product legal frameworks and playbooks that enable scalable product development
  • Monitor regulatory developments in crypto, fintech, and financial services to identify impacts on product strategy and requirements
  • Present legal and regulatory considerations to internal stakeholders and external partners in clear, business-oriented terms
  • Engage with regulators and external counsel on novel legal issues related to digital assets and financial technology
  • Contribute to the development of industry standards and best practices for blockchain and digital asset products

About you

  • JD degree and membership in good standing with at least one U.S. state bar
  • 7+ years of legal experience, with significant focus on financial services, fintech, or digital assets
  • Deep understanding of U.S. financial services regulations, including money transmission, securities, commodities, and banking laws
  • Experience working directly with product and engineering teams in a technology company
  • Strong background in regulatory compliance for financial products and services
  • Excellent project management skills and ability to drive complex initiatives across multiple stakeholders
  • Outstanding written and verbal communication skills, with ability to explain complex legal concepts to non-lawyers
  • Proven track record of finding creative solutions to novel legal and regulatory challenges
  • Demonstrated experience using AI tools to improve how you work
  • Comfort with ambiguity and ability to make risk-based decisions in evolving regulatory environments

You might also have

  • Experience with blockchain technology and digital asset regulations
  • Background in money services business or trust company regulation
  • International financial services regulatory experience
  • In-house counsel experience at a fintech or crypto company
  • Experience working with federal and state financial regulators
  • Product development or technical background

Pay and benefits

Paxos offers a competitive total compensation and benefits package, including equity and bonuses based on both your individual performance and company performance. Eligibility for bonuses is dependent on job level, and actual salary within the range depends on your skills, experience, and qualifications.

Expected range for the base salary component for candidates located within the United States is:
$187,435$220,511 USD