General Counsel at Paxful Inc.

General Counsel

Paxful Inc.
New York City
Posted 829 days ago

About Us:
Paxful is the world’s largest Peer-to-Peer Bitcoin Marketplace and a universal money translator. Our mission is to enhance social justice through financial freedom worldwide. Powered by people and blockchain technology, not big banks, we offer support for a payment system that empowers merchants and ecommerce shoppers. This opens up a new market of 2 billion people who have no access to banking services, but do have the ability to buy bitcoin via one of the 300+ payment methods enabled by Paxful.

Paxful was founded in 2015, and has an established headquarters in Estonia, with additional offices in Philippines and Hong Kong. Due to rapid growth in the past year, we have recently opened a new office in NYC. Paxful is entirely bootstrapped, and we plan to continually expand to markets around the world.

We are currently establishing our Legal team, and are looking for a motivated and open-minded individual who thrives in a startup environment. We have a unique office culture that embraces autonomy and gives you the freedom to grow in your role.

Role Description:
Paxful is seeking a dynamic and driven General Counsel to lead the legal operations and help us navigate and expand our business within the rapidly changing regulatory Bitcoin and cryptocurrency landscape. The General Counsel will work closely with our leadership team, outside counsel, and subsidiaries to ensure that all of our operations are utilizing best legal practices. This person will define and develop corporate policies, procedures, and programs, and provide counsel and guidance company-wide. Lastly, our ideal candidate sees the potential of Bitcoin and has a genuine interest in cryptocurrency.

As the General Counsel, you will:
Proactively identify and mitigate business risks.
Lead regulatory efforts and initiatives.
Review, draft, and negotiate a wide variety of documents related to sales, regulatory filings, commercial agreements, etc.
Provide strategic legal advice and counsel, and work closely with outside law firms.
Shape the growth and strategy of the company, with a focus on relevant international, federal, and state regulatory/compliance requirements.
Collaborate closely with the compliance department and senior leadership to design, develop, and maintain processes and procedures.
Research state and federal public policy issues, keep abreast of legislative changes.
Deal with external parties (business affiliates, regulators, external counsel, customers).
Manage and oversee the work of outside counsel.
Perform other duties as assigned.

Basic Qualifications:
Minimum of 7 years of experience in transactional or regulatory matters at a large reputable law firm and/or in-house.
Experience with securities, banking regulations, and financial services law.
A JD or LLM from a leading accredited U.S. law school, a license and good standing to practice law in at least one U.S. jurisdiction.
Excellent written and verbal communication skills with the ability to explain complex compliance and regulatory issues to other stakeholders and teams in a clear and concise way. Ability to tailor messaging to a broad set of audiences from varied professional, cultural, and technical backgrounds.
Strong interest in blockchain, cryptocurrency and related financial technologies.
Ability to work in a fast paced environment, handle ambiguity, and shifting priorities.

Preferred Qualifications:
Experience working in cryptocurrency industry in a relevant role
Enterprise experience

Accessible office in the Financial District
Flexible hours
Competitive salary, with the option of payment in bitcoin
Premium covered healthcare insurance, including dental and vision
Catered lunch and dinner daily
Gym membership of your choice
Sponsored sports nutrition and health-related activities
Paid maternity/paternity leave including a special one-time bonus to support newborn
Commuter benefits
Training and professional development resources
Paid company retreats


legal, compliance, regulatory



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