What are the responsibilities and job description for the Product Counsel, Banking position at AngelList?
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
If you don’t meet every requirement above, we still encourage you to apply. We value complementary strengths and operators who learn by doing.
We operate out of hubs in New York City and San Francisco. For most roles on those teams, we work from the office at least two days per week (Tuesdays and either Wednesday or Thursday). Exceptions may be made for exceptional individual contributor candidates in other locations.
Compensation
The compensation for this role consists of a competitive base salary, benefits, and equity package. The base salary for this role is $300K annually but actual will vary based on a number of factors including a candidate’s professional background, experience, and location. Full details about our Total Rewards package will be provided during the recruitment process.
Benefits
We support your life both in and outside of work.
What Guides Us
At AngelList, we are united in our purpose to accelerate innovation and build the future of private markets. Our beliefs and values shape what we work on and how we create impact. If the below resonate, we’d love to have you with us.
AngelList is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
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.
- 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.
If you don’t meet every requirement above, we still encourage you to apply. We value complementary strengths and operators who learn by doing.
We operate out of hubs in New York City and San Francisco. For most roles on those teams, we work from the office at least two days per week (Tuesdays and either Wednesday or Thursday). Exceptions may be made for exceptional individual contributor candidates in other locations.
Compensation
The compensation for this role consists of a competitive base salary, benefits, and equity package. The base salary for this role is $300K annually but actual will vary based on a number of factors including a candidate’s professional background, experience, and location. Full details about our Total Rewards package will be provided during the recruitment process.
Benefits
We support your life both in and outside of work.
What Guides Us
At AngelList, we are united in our purpose to accelerate innovation and build the future of private markets. Our beliefs and values shape what we work on and how we create impact. If the below resonate, we’d love to have you with us.
AngelList is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
Salary : $300,000