Product Counsel

Responsibilities

• Serve as embedded counsel to product teams across the full lifecycle—development, launch, scale, and maintenance.
• Partner on product design and risk management for both new and existing infrastructure, including Meridian and more.
• Analyze and advise on regulatory implications across securities laws, privacy frameworks, and compliance regimes (e.g., 33 Act, 34 Act, ICA, IAA, GDPR, CCPA).
• Draft, review, and evolve foundational legal documents for fund products and investor tools.
• Design scalable legal processes that enable product velocity without compromising compliance.
• Collaborate with compliance, BD, engineering, and marketing to align legal strategy with business goals.
• Train internal teams on legal implications of product decisions and evolving regulatory standards.
• Advise on and draft bank partnership agreements, including deposit account agreements, custodial arrangements, and banking-as-a-service frameworks with partner financial institutions.
• Serve as legal point of contact on banking infrastructure matters — including wire processing, account structures, and payment flows — in coordination with banking partners and internal finance/ops teams.
• Monitor and advise on regulatory developments affecting banking partner relationships, including BSA/AML obligations, OCC guidance, and evolving BaaS regulatory scrutiny from federal and state banking regulators.
• Ensure contractual and operational alignment between AngelList's product obligations and the compliance requirements flowing from its banking infrastructure partners.

Requirements

• JD from a top-tier law school and active bar membership in good standing.
• 6–10 years of legal experience with meaningful exposure to fintech, venture capital, or SaaS platforms; experience with bank partnership structures, BaaS agreements, or payment infrastructure legal frameworks is a strong plus.
• Expertise in product counseling with a working knowledge of securities law, privacy, and data.
• Demonstrated ability to own complex initiatives independently while collaborating cross-functionally.
• Comfortable navigating legal ambiguity in fast-moving, zero-mistake product environments.
• Strong communication skills—able to translate complex legal concepts to non-lawyers.
• High output. Clear thinker. Strong point of view. Values-aligned.