Assistant General Counsel – Regulatory Affairs & Enforcement

CoinFlip is a global digital currency platform company focused on providing consumers with simple and secure access to buy and sell cryptocurrency. The company operates the worlds largest network ofcryptocurrencykiosks by transaction volume with more than 5500 kiosks the United States CanadaAustraliaNew ZealandSouth Africa andItaly. CoinFlips digital currency kiosks make buying and selling majorcryptocurrenciesaccessible and safe for consumers who wish to purchase their digital currency using cash. CoinFlip also operates CoinFlip Preferred a personalized over-the-counter service that provides investors with custom white glove support for their cryptocurrency 2022 CoinFlip launched CoinFlip Ventures an investment group offering coaching funding and networking support to early-stage crypto and web3 projects. CoinFlip recently received authorization under the European Unions Markets in Crypto-Assets Regulation (MiCA) marking an important milestone in the companys continued expansion of regulated digital asset services across Europe.

Headquartered inChicago CoinFlip placed in the top 500 on theand 2023 Inc. 5000 list and on the 2022 and 2023 Deloitte Technology Fast 500 was named the 2021 and 2022 #1 fastest-growing company inChicagoby Crains ranked in Chicago Tribunes Top Workplaces in 2021 and 2022 and was awarded the 2021 and 2022 Stevie Awards for Customer Service. To learn more about CoinFlip and how to get started on your digital currency journey visit.

CoinFlip is seeking an experienced Assistant General Counsel to lead key regulatory affairs matters and support the Chief Legal Officer and General Counsel on enforcement actions litigation and strategic legal initiatives. This role will have primary legal responsibility for CoinFlips responses to examinations by state financial regulators and will serve as a principal point of contact with regulatory agencies. It is an opportunity for a former litigator to apply strong advocacy investigative and case-management skills to the evolving regulation of money transmission and digital assets.

The Assistant General Counsel will interact directly and regularly with state and federal regulators including in examinations supervisory meetings investigations enforcement proceedings and discussions concerning licensing and regulatory expectations. The attorney will coordinate cross-functional responses develop clear and defensible legal positions and guide matters from initial contact through resolution.

The ideal candidate is a former litigator with meaningful experience in financial services regulation state money transmitter laws and licenses (MTLs) regulatory examinations investigations and enforcement actions. Trial or significant hearing experience is a plus. The attorney must be comfortable taking ownership of high stakes matters communicating credibly with regulators and translating legal and regulatory requirements into practical guidance for the business.

Responsibilities:

Regulatory Affairs Examinations & Enforcement

• Have primary responsibility for managing CoinFlips responses to examinations by state financial regulators from the initial examination notice and scoping through document productions interviews findings remediation and closure.
• Serve as a principal legal point of contact for state and federal regulators and represent CoinFlip in examinations supervisory meetings interviews conferences hearings and other regulatory engagements.
• Lead legal strategy and response efforts for regulatory inquiries subpoenas civil investigative demands investigations enforcement actions consent orders and settlement negotiations.
• Advise on state money transmitter laws and domestic and international licensing frameworks including licensing triggers and exemptions permissible activities examination standards reporting obligations and the regulatory implications of new products transaction flows business models and market expansion.
• Partner with the licensing team on complex or novel legal and regulatory matters including regulator interpretations and jurisdictional strategy with clear coordination between legal advisory and licensing administration responsibilities.
• Provide legal guidance on federal and state financial-services laws including BSA/AML OFAC consumer-protection privacy money-transmission and digital-asset regulatory requirements.
• Develop accurate consistent and persuasive written submissions to regulators and coordinate the collection and analysis of supporting facts data and documents.

Litigation & Dispute Management

• Own legal strategy for significant litigation arbitration and dispute-resolution matters including consumer commercial and regulatory disputes from inception through resolution.
• Lead factual investigations discovery briefing witness and executive preparation depositions hearings negotiations and trial strategy.
• Select supervise and manage outside counsel; establish strategy maintain accountability control costs and ensure high-quality legal representation.
• Advise the General Counsel and senior leadership on litigation exposure enforcement trends settlement strategy remediation and risk-mitigation options.

Business and Regulatory Advice

• Advise business leaders and cross-functional teams on regulatory and legal issues affecting CoinFlips products and operations translating complex requirements into practical risk-based guidance.
• Partner with Compliance Licensing Risk Operations Product and other business teams to interpret regulatory requirements strengthen policies and controls and address examination findings and emerging risks.
• Monitor legal and regulatory developments affecting crypto kiosks OTC trading money transmission and digital-asset services and assess their impact on CoinFlips business.

Government Affairs

• Collaborate with the Government Affairs team on legislative and policy matters including analyzing proposed laws and regulations developing advocacy positions drafting comment letters and testimony and representing the company in meetings hearings and other proceedings involving legislators policymakers and regulators.

Other Responsibilities

• Support strategic legal and regulatory initiatives led by the Chief Legal Officer General Counsel or Global Head of AML.
• Perform other duties as assigned.

Qualifications:

Required

• Juris Doctor (JD) from an accredited law school.
• Active bar membership in at least one U.S. jurisdiction (Illinois preferred or ability to obtain).
• 710 years of relevant legal experience with regulatory money services business digital asset and money transmitter licensing experience.
• Proven experience managing outside counsel and complex regulatory matters.
• Background in financial services fintech or other regulated industries.
• Strong legal drafting analytical and communication skills.
• Ability to operate independently while collaborating closely with senior legal leadership.

Preferred

• In-house or government experience involving a money services business payments company bank fintech cryptocurrency company or financial regulator.
• Experience with BSA/AML OFAC consumer protection unfair or deceptive acts or practices privacy and digital asset regulatory frameworks.
• Experience negotiating resolutions with regulators or advising high-growth technology-driven companies through regulatory change.

Nice to have

• Basic knowledge of cryptocurrency and blockchains.
• General passion and knowledge of fintech and cryptocurrency.

Compensation

• $180000 - $220000 USD yearly salary
• Annual bonus
• Federal holidays and unlimited PTO
• Flexible work from home policy
• Comprehensive benefits (medical dental vision 401(k) with match)
• Reimbursement for ARDC annual dues professional organization expenses legal conferences and CLEs

Working at CoinFlip means collaborating with experienced and innovative leaders who share a clear vision and a track record of success. We offer a collaborative and positive working environment where we encourage employees to balance productivity with time to recharge. Compensation is above and beyond a typical startup we offer competitive salaries performance-based incentives and competitive benefits for full-time employees.

CoinFlip values diversity in the workplace and is an equal opportunity employer committed to providing an inclusive and accessible work environment. We thank all candidates who apply but only those selected for an interview will be contacted.

By applying to this role you give express consent to CoinFlip to send you informational text (SMS) messages regarding this role and the application process. You can cancel the SMS service at any time by replying STOP to the text message you received. If at any time you forget what keywords are supported just reply HELP. Message and data rates apply. If you require a special accommodation please let us know and well work with you to meet your needs.