Product Counsel - Banking

Why Join AngelList We’re solving some of the hardest problems in venture capital and private markets. You’ll work with a team that values precision, urgency, and long-term thinking. If you want to shape how startups are funded and built, this is the place. About AngelList We exist to accelerate innovation by increasing the number of successful startups in the world. We do this by building the financial infrastructure that makes it easier for more people to invest in world-changing companies. AngelList is the nexus of venture capital and the startup community. We support $171B+ in assets and have powered investments into over 13,000 startups—over 300 of which are unicorns. Today, 57% of top-tier U.S. VC deals involve investors on AngelList. While our scale is large, our ambition is larger. If you\'re excited to build the future of private markets, come build with us. About the Role: AngelList is hiring a Product Counsel to lead legal for our newest financial products. AngelList built banking infrastructure that already powers $171B+ in assets. Now it\'s scaling that infrastructure into a new suite of banking, payments, investment, and credit products for funds, GPs, and the LPs who back them. You\'ll structure new offerings with product, engineering, and compliance; define the regulatory perimeter across bank partnerships, credit, and securities; negotiate with sponsor banks and vendors; and write the terms and disclosures. You\'ll partner directly with the general manager and executive team, and your judgment will shape what we ship. Responsibilities: Own the legal design of each new product for banking, payments, investment and credit. Negotiate with the sponsor banks, payment processors, card networks, and lenders. Draft terms, disclosures, and product agreements Partner with Compliance to build and maintain controls, guardrails and support models for new products. Give the general manager and executives clear recommendations and alternatives on risks and tradeoffs. Serve as the escalation point for regulators, bank partners, and outside counsel. What we\'re looking for: 10+ years of legal experience, with meaningful time as the lead on financial products: GC, deputy GC, or head of product legal at a fintech. Deep fluency in bank partnership programs, payments, money transmission, and lending regulation. Working knowledge of securities law as it applies to investment products (Advisers Act, broker-dealer regulation, or fund structures). A builder\'s track record: you\'ve taken regulated financial products from zero to launch, and you like operating as the only lawyer in the room. Pragmatic judgment: you quickly translate regulatory ambiguity into clear product decisions and defensible risk calls. Crisp, concise communication with engineers, product managers, bank partners, and regulators alike. #J-18808-Ljbffr Wellfound