Product Counsel

Reposted 20 Days Ago
Be an Early Applicant
2 Locations
Hybrid
300K-300K Annually
Senior level
Angel or VC Firm
The Role
The Product Counsel will collaborate with product, engineering, and business teams to develop legal frameworks for innovative financial tools in a regulated environment, focusing on compliance and risk management.
Summary Generated by Built In
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 sit at the intersection of law, product, and private markets innovation. Legal architecture isn't a constraint here — it's a competitive advantage.

You'll be embedded across product, engineering, and business teams, working on tightly regulated, zero-margin-for-error infrastructure: fund formation, banking infrastructure, investor onboarding, capital calls, and data systems. You'll help shape the regulatory playbook for the next generation of private markets. This role reports directly to the General Counsel of Product.

Most legal teams at financial companies are built to say no. Ours is built to find the yes — and then build the structure that makes it safe, scalable, and replicable. If you're energized by complexity, frustrated by boilerplate, and want your legal work to directly shape products used by thousands of GPs, LPs, and founders, this is the role.

Responsibilities:

  • Serve as embedded counsel to product teams across the full lifecycle—development, launch, scale, and maintenance.
  • Partner on product design and risk management for both new and existing infrastructure, including Meridian and more.
  • Analyze and advise on regulatory implications across securities laws, privacy frameworks, and compliance regimes (e.g., 33 Act, 34 Act, ICA, IAA, GDPR, CCPA).
  • Draft, review, and evolve foundational legal documents for fund products and investor tools.
  • Design scalable legal processes that enable product velocity without compromising compliance.
  • Collaborate with compliance, BD, engineering, and marketing to align legal strategy with business goals.
  • Train internal teams on legal implications of product decisions and evolving regulatory standards.
  • Advise on and draft bank partnership agreements, including deposit account agreements, custodial arrangements, and banking-as-a-service frameworks with partner financial institutions.
  • Serve as legal point of contact on banking infrastructure matters — including wire processing, account structures, and payment flows — in coordination with banking partners and internal finance/ops teams.
  • Monitor and advise on regulatory developments affecting banking partner relationships, including BSA/AML obligations, OCC guidance, and evolving BaaS regulatory scrutiny from federal and state banking regulators.
  • Ensure contractual and operational alignment between AngelList's product obligations and the compliance requirements flowing from its banking infrastructure partners.

What We're Looking For

  • JD from a top-tier law school and active bar membership in good standing.
  • 6–10 years of legal experience with meaningful exposure to fintech, venture capital, or SaaS platforms; experience with bank partnership structures, BaaS agreements, or payment infrastructure legal frameworks is a strong plus.
  • Expertise in product counseling with a working knowledge of securities law, privacy, and data.
  • Demonstrated ability to own complex initiatives independently while collaborating cross-functionally.
  • Comfortable navigating legal ambiguity in fast-moving, zero-mistake product environments.
  • Strong communication skills—able to translate complex legal concepts to non-lawyers.
  • High output. Clear thinker. Strong point of view. Values-aligned.

Working Here

If you don’t meet every requirement above, we still encourage you to apply. We value complementary strengths and operators who learn by doing.

AngelList has offices in a few cities, New York City and San Francisco. We have a hybrid in-office model: teammates come in at least 2 days per week (Tuesdays and either Wednesday or Thursday). 
Compensation:
The compensation for this role consists of a competitive base salary, benefits, and equity package. The base salary for this role is $275,000+ 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.
Explore our benefits
Learn about Funders & Founders

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.
Our beliefs
Our values & leadership expectations

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.

Skills Required

  • JD from a top-tier law school
  • Active bar membership in good standing
  • 6-10 years of legal experience
  • Strong tilt toward fintech, venture capital, or SaaS platforms
  • Expertise in product counseling
  • Working knowledge of securities law and privacy
Am I A Good Fit?
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The Company
HQ: San Francisco, CA
518 Employees
Year Founded: 2010

What We Do

AngelList builds the infrastructure where capital, creativity, and hard work come together to accelerate innovation. Our platform supports over $15B in assets for fund managers and has facilitated 17k+ startup investments (including 287 unicorns). Additionally, more than 1.3k startups use our suite of founder services to manage their business operations. AngelList is the de facto platform for investors, fund managers, and founders looking to build and invest in the next generation of great startups.

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