Senior Counsel

Remote

Apply with AI Apply

$184,000 – $212,000Compensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Technology, Legal ServicesIndustries

Requirements

Candidates must possess a Juris Doctor (JD) degree from a top-tier accredited law school and be admitted to practice law in the US jurisdiction where they reside, with a minimum of 5 years of experience handling broad commercial transactions, including in-house experience at a technology company or within financial services or cryptocurrency, and familiarity with crypto protocol governance is a plus. Strong knowledge of financial services laws, crypto/blockchain regulations, payments regulations, consumer protection rules, and data privacy regulations, such as GDPR and CCPA, is required, along with familiarity with open payment networks and Layer 2 blockchain technologies like the Lightning Network.

Responsibilities

The Senior Counsel will serve as a legal advisor to product teams for the global rollout of the UMA protocol and Spark networks, providing practical forward-thinking counsel throughout product development; draft and negotiate complex contractual arrangements with multiple stakeholders for the networks; draft and negotiate product-related agreements, terms of service, disclosures, and foundational documents; advise the company on data privacy matters in coordination with compliance and security teams; negotiate and draft contracts with Lightspark vendors; draft and review nondisclosure agreements and other commercial agreements, and drive and manage cross-functional projects.

Skills

Commercial Contracting

Negotiation

Financial Services Laws

Crypto/Blockchain Regulations

Payments Regulations

Consumer Protection

Data Privacy

Cross-Functional Project Management

Lightspark

Facilitates Bitcoin transactions via API and SDKs

About Lightspark

Lightspark focuses on facilitating Bitcoin transactions for businesses by providing an API and Software Development Kits (SDKs) that integrate with the Lightning Network. This technology allows for faster and cheaper cross-border payments by identifying efficient routes for transactions. Unlike competitors, Lightspark's service-based model enables businesses to leverage Bitcoin without needing deep technical expertise. The goal is to streamline payment processes, making them more efficient and cost-effective.

Los Angeles, CaliforniaHeadquarters

2022Year Founded

$1.3MTotal Funding

SEEDCompany Stage

Fintech, Crypto & Web3Industries

51-200Employees

Risks

Increased competition from fintech companies like Strike and OpenNode.

Regulatory scrutiny in the US and EU could impact cryptocurrency transactions.

Technological vulnerabilities in the Lightning Network may affect Lightspark's reputation.

Differentiation

Lightspark offers a robust API and SDKs for Bitcoin integration on the Lightning Network.

The company provides a dashboard for tracking and managing Bitcoin transactions efficiently.

Lightspark's Universal Money Address (UMA) enhances global payment solutions for businesses.

Upsides

Partnerships with Bitso and Foxbit expand Lightspark's reach in Latin America.

Introduction of Spark and UMA boosts Lightspark's product offerings and market appeal.

Strategic expansion into Africa with Yellow Card highlights growth in emerging markets.

Land your dream remote job 3x faster with AI

Try Jobo Free