Product Counsel

Binance
Regional
Remote

Who this role is best for

Strong fit for mid-level legal professionals with fintech experience who coordinate cross-functional teams and manage global product compliance.

Best fit for

  • Mid-level legal professionals with fintech experience and a track record of managing product compliance across multiple jurisdictions
    — “Advising on product compliance with relevant regulations across multiple jurisdictions
  • Candidates who have worked on digital assets and financial products in fast-paced environments and can manage complex projects independently
    — “Demonstrates a 'hands on' and proactive attitude and the ability to work independently in managing complex projects
  • Legal counsel with a history of working closely with cross-functional teams like Marketing, Risk, and Compliance
    — “Working with and advising cross functional teams (e.g. Marketing, Business Development, Customer Support)

Things to consider

  • Work arrangements may vary depending on the nature of the business team, requiring flexibility
    — “Work-from-home arrangement (the arrangement may vary depending on the work nature of the business team)
  • Candidates must be capable of managing relationships with internal and external stakeholders across time zones
    — “Managing relationships with internal and external stakeholders and coordinating with colleagues across jurisdictions and time zones

How to stand out

  • Highlight experience in advising on digital assets and financial products within a fintech company
    — “relevant legal experience advising on digital assets and/or financial products at a fintech company or financial institution would be preferred
  • Demonstrate ability to identify legal risks during product development and provide strategic solutions
    — “identifying and mitigating Legal risks
  • Showcase experience in managing product life-cycles and coordinating with multiple legal teams
    — “Acting as the key point of contact within Legal for the supported business lines, taking charge of Binance’s legal needs and obligations for the various products and services offered
Pace · SteadyCollaboration · HighAutonomy · MediumDecision Impact · CompanyLevel · Senior

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

  • Facilitate product development through full product lifecycle
  • Advising on product compliance with relevant regulations
  • Drafting and negotiating product centric terms and commercial contracts
Typical background
Product CounselLegal ComplianceRegulatory Affairs

Skills & requirements

Required

Product ComplianceRegulatory ComplianceContract DraftingLegal Risk MitigationRegulatory ImplementationClient ComplaintsDispute ResolutionCross-functional Coordination

Preferred

Financial Instruments RegulationDigital Assets RegulationAml/cft ComplianceLicensing And Approval Applications

Stack & domain

Product ComplianceRegulatory ComplianceAml/cftDrafting ContractsNegotiating ContractsAdvising On MarketingAdvising On Regulatory ComplianceManaging External CounselLeadershipCollaborationMentorshipLegalComplianceRegulatoryContract Management

About the role

Original posting from Binance via Lever

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. We are trusted by 300+ million people in 100+ countries for our industry-leading security, user fund transparency, trading engine speed, deep liquidity, and an unmatched portfolio of digital-asset products. Binance offerings range from trading and finance to education, research, payments, institutional services, Web3 features, and more. We leverage the power of digital assets and blockchain to build an inclusive financial ecosystem to advance the freedom of money and improve financial access for people around the world.

We are looking for energetic, creative, entrepreneurial and experienced product counsel to join our product legal team. They will be working on a range of products across the globe. You’ll represent Legal across Binance as we build the future of crypto and blockchain.

Responsibilities:

  • Acting as the key point of contact within Legal for the supported business lines, taking charge of Binance’s legal needs and obligations for the various products and services offered and coordinating with other Legal teams (such as Commercial, Corporate, Regulatory, Data Privacy, Litigation, etc) and cross functional teams (such as Compliance, Risk, Marketing, Business Development, Customer Support, Tax, etc). 
  • Facilitating product development through the full product life-cycle (i.e. design, launch, ongoing advisory, etc.), identifying and mitigating Legal risks. 
  • Advising on product compliance with relevant regulations across multiple jurisdictions, including managing and working hand-in-hand with Binance’s regional Legal and Compliance teams and, where necessary, external counsel, on matters such as licensing and approval applications, product restrictions, compliance requirements (i.e., AML/CFT) and other related topics.
  • Drafting, amending, and/or negotiating existing or new product centric terms and commercial contracts and preparing templates with a view to mitigating risk.
  • Advising on product related marketing, announcements and social media campaigns.  
  • Advising on regulatory compliance and implementation, including in the context of financial instruments regulation (such as MIFID, MAR and EMIR) and digital assets regulation (such as MiCA and DORA, for example). 
  • Advising on client complaints and disputes alongside litigation colleagues.
  • Managing relationships with internal and external stakeholders and coordinating with colleagues across jurisdictions and time zones.
  • Working with and advising cross functional teams (e.g. Marketing, Business Development, Customer Support) to drive user acquisition and retention.
  • Keeping up-to-date with industry/market trends and research on product centric regulatory issues.
  • Anticipating new ideas and identifying legal issues for Binance in the end-to-end planning and execution process for products on Binance’s ecosystem.
  • Supporting licensing initiatives and other internal projects. 
  • Developing creative solutions to meet current and evolving business needs.
  • Knowledge sharing - delivering training and creating internal guidance for colleagues within and outside of Legal. 
  • Managing engagement of external counsel in line with internal policies and procedures. 

Preferred Qualifications::

  • Strong team player with business acumen and excellent communication skills and a keen interest in the crypto world and digital assets markets.
  • Minimum of 8 - 10 years of experience in a law firm, financial services firm or a fast-paced technology company.
  • Ability to effectively multi-task and prioritize across stakeholders/business units. 
  • Confidence in engaging with senior stakeholders and delivering trusted, commercially minded legal advice. 
  • Open to candidates with strong experience across a range of practice areas,  however relevant legal experience advising on digital assets and/or financial products at a fintech company or financial institution would be preferred;
  • Experience in product counseling on privacy, data protection, intellectual property, or technology transactions/litigation would be advantageous;
  • Demonstrates a “hands on” and proactive attitude and the ability to work independently in managing complex projects.
  • Ability to work collaboratively with cross functional business teams and maintain relationships with the necessary regulatory and compliance stakeholders.

Why Binance

  • Shape the future with the world’s leading blockchain ecosystem
  • Collaborate with world-class talent in a user-centric global organization with a flat structure
  • Tackle unique, fast-paced projects with autonomy in an innovative environment
  • Thrive in a results-driven workplace with opportunities for career growth and continuous learning
  • Competitive salary and company benefits
  • Work-from-home arrangement (the arrangement may vary depending on the work nature of the business team)

Binance is committed to being an equal opportunity employer. We believe that having a diverse workforce is fundamental to our success.

By submitting a job application, you confirm that you have read and agree to our Candidate Privacy Notice.

Source: Binance careers (Lever)

Similar roles