Assistant General Counsel, Securities and Banking

  • Circle
  • 4400 Massachusetts Ave NW, Washington, DC 20016, USA
  • Jan 31, 2021

Job Description

Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currency and public blockchains for payments, commerce and financial applications worldwide. Circle's platform has supported over 100 million transactions worth tens of billions of dollars, with nearly 10 million retail customers, over a thousand businesses, while storing and securing more than $5 billion in digital currency assets. Circle is also the creator of USD Coin (USDC), the fastest growing, regulated, dollar, which now stands at 4.3+ billion in circulation. Today, Circle's transactional services, business accounts, and platform APIs are giving rise to a new generation of financial services and commerce applications that hold the promise of raising global economic prosperity for all through programmable internet commerce.

What you'll be part of:

With the mission To raise global economic prosperity through programmable internet commerce, Circle was founded on the belief that blockchains and digital currency will rewire the global economic system, creating a fundamentally more open, inclusive, efficient and integrated world economy. We envision a global economy where people and businesses everywhere can more freely connect and transact with each other with new technologies for digital money. We believe such a system can raise prosperity for people and companies everywhere. Our mission is powered by the values we espouse and which we expect all Circlers to respect. We are Multistakeholder, serving the needs of our customers, our shareholders, our employees and families, our local communities and our world. Furthermore, we are also Mindful, Driven by Excellence, and High Integrity.

What you'll be responsible for:

Under the direction of the General Counsel, you will play an immediate and direct role in regulatory, compliance, and transactional work, supporting the launch of new products, services and customer segments as we grow in new markets.

What you'll work on:
  • Advise on a wide range of state and federal regulatory issues, enabling the company to create products and expand domestically as well as internationally in a way that meets our obligations and the needs of our customers
  • Counsel on novel and complex commercial arrangements and provide clear advice on legal and transactional issues and risks, including reviewing and negotiating a variety of business agreements
  • Monitor new legal and regulatory developments, carrying out research on various multijurisdictional legal issues and considering their impact on Circle
  • Collaborate with the Compliance Team on the application of regulatory analysis and ongoing management of the Compliance Program

You will aspire to our four core values:
  • Multi Stakeholder - you have dedication and commitment to our customers, shareholders, employees and families and local communities.
  • Mindful - you seek to be respectful, an active listener and to pay attention to detail.
  • Driven by Excellence - you are driven by our mission and our passion for customer success which means you relentlessly pursue excellence, that you do not tolerate mediocrity and you work intensely to achieve your goals.
  • High Integrity - you seek open and honest communication, and you hold yourself to very high moral and ethical standards. You reject manipulation, dishonesty and intolerance.

What you'll bring to Circle:

8-12 years of legal experience with a working knowledge of:
  • relevant federal securities laws and their applicability to the cryptocurrency industry, including the Investment Company Act, Securities Act, Exchange Act, FINRA, CFTC/NFA, and private placement requirements; as well as
  • federal and state banking laws and regulations, including state and federal licensing and the Bank Holding Company Act, bank partnerships, merchant banking activities, and fintech investments.

Experience with international applicability of securities and banking laws and regulations also desired, as Circle expands into new markets.

You are passionate about financial technology, are a team player with a sense of humour, and enjoy learning but also mentoring.

You are comfortable working in an evolving and growing environment that is prone to changes, and managing multiple projects simultaneously.

You apply sound, practical business judgment to your legal recommendations, and are creative at solving problems while balancing important legal risks for the business.

You can work autonomously and independently with minimal guidance but are also comfortable working collaboratively as part of a team.

You have a JD (or foreign equivalent degree) and active membership in at least one US State Bar. Prior in-house experience for at least 5 years a must, including private and public traded companies .

We are an equal opportunity employer and value diversity at Circle. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.