Commercial Legal Counsel
OpenFX helps financial institutions move money across borders with real-time settlement and transparent pricing through its FX infrastructure platform.
Funding history
About OpenFX
OpenFX helps financial institutions process cross-border payments through its real-time settlement network that bypasses traditional correspondent banking. Users can execute FX transactions, settle payments within 60 minutes, and access transparent pricing across currency pairs. OpenFX enables 24/7 money movement for remittance companies, neobanks, and payment providers seeking faster, cheaper international transfers.
Skills
About the Role
You will lead the commercial deal desk and manage the full contracting lifecycle for global customer relationships. You will create contractual frameworks and partnership templates, build contract-management processes, and use AI workflows to accelerate contract review and negotiation. You will advise on deal structure, commercial terms, service levels, liability, indemnity, settlement, funds flow, and regulatory requirements in customer documentation.
Requirements
- 10+ years of legal experience in commercial legal roles and fintech, payments, or financial services
- Knowledge of regulatory frameworks for cross-border payments and digital assets, including money transmission, e-money, MiCA, and stablecoin issuance and payments
- Analytical, written, and verbal communication skills
- Cross-functional collaboration skills
- J.D. or equivalent
- Active bar admission in good standing in at least one U.S. jurisdiction
Responsibilities
- Own the full commercial contracting lifecycle for global customer relationships
- Build and maintain commercial legal playbooks, templates, fallback positions, approval thresholds, and escalation paths
- Create AI-enabled systems and processes for contract review, issue lists, clause comparison, and reusable legal workflows
- Advise on deal structure, pricing and fee terms, service levels, liability, indemnity, settlement, and funds-flow mechanics
- Partner with regulatory legal, compliance, and product stakeholders on regulatory contract terms and customer documentation
- Serve as lead counsel for the global go-to-market function
Benefits
- Equity
- Benefits package
