OpenFX
Commercial Legal Counsel
Get notified of more jobs like this · No spam, ever
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
About Us
OpenFX is on a mission to move money as freely as data, unrestricted by time zones, banking hours, or legacy systems. We are building the infrastructure that will power the next generation of cross-border payment systems for institutions. Our stellar early team brings experience at companies such as J.P. Morgan, Goldman Sachs, FalconX, PayPal, Affirm, Polygon, Kraken, Nium, Visa, Mastercard, and others. We're backed by Accel, Lightspeed, M13, Northzone, Pantera, and other top-tier investors.
About the Role
As Commercial Legal Counsel, you will run the commercial deal desk end-to-end and be the lead lawyer supporting OpenFX’s Go to Market team. You will create new global contractual frameworks to support our expanding set of products and markets, create templates for our partnership arrangements with local financial institutions, build and manage a Contract Management System, and expand our processes leveraging AI to enable the Legal team to rapidly and efficiently review and negotiate agreements and onboard new clients.
What You'll Do
- Own the full commercial contracting lifecycle for our global customer relationships.
- Build and maintain the commercial legal playbook - templates, fallback positions, approval thresholds, and escalation paths so standard deals close without bespoke lawyering.
- Create systems and processes enabling the team to leverage AI for first-pass contract review, issues lists, and clause comparison, and build reusable AI workflows that compress cycle times across the whole legal function.
- Advise the team on deal structure, pricing and fee terms, service levels, liability and indemnity positions, and settlement and funds-flow mechanics.
- Partner with regulatory Legal, Compliance, and Product on how regulatory requirements land in contract terms and customer-facing documentation.
- Serve as the lead Counsel advising the global Go to Market team.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
What You Should Bring
- 10+ years of legal experience, with substantial time in commercial legal roles and in fintech, payments, or financial services - in-house at a high-growth company, at a top-tier firm, or both.
- General knowledge of the regulatory frameworks related to cross-border payments and digital assets - money transmission, e-money, MiCA, and stablecoin issuance and payments.
- Outstanding analytical and written and verbal communication skills.
- Comfort with ambiguity and ability to devise creative solutions to solve problems.
- A bias for action and ability to excel in a fast-paced environment.
- Strong cross-functional collaboration skills.
- Humility and commitment to being a team player.
- Excitement about building a company and working on complex issues at the cutting edge of payments, crypto, and technology.
- J.D. or equivalent, with active bar admission in good standing in at least one U.S. jurisdiction.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
Even Better
- Experience as an early hire standing up a commercial legal function from scratch.
What We Offer
- Equity in an early-stage, rapidly growing company
- Competitive salary and benefits package
- Ability to work at the cutting edge of transformational change in global payments
- Collaborative work culture
- Significant opportunity for professional growth
We are committed to building a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London