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Product Counsel

4 months ago


San Francisco, California, United States TBD Full time

Company Description
Founded in July 2021, TBD is one of Block's four business units, alongside Square, Cash App, and Tidal. At TBD, we believe in a decentralized future that returns ownership and control over your finances, data, and identity. Guided by this vision, TBD is building an open source platform and developer infrastructure that enables everyone to access and participate in the global economy.
TBD is inviting the world to join us in building and adopting open and decentralized technologies that solve real problems for real people - from next generation infrastructure that lowers the cost of global payments and enables frictionless commerce, to decentralized identity technologies that enable anyone to access and participate in the global economy. Our mission advances economic empowerment through the power of decentralized solutions, built open source and collaboratively.
The offerings we build will provide developers, institutions, and individuals with the capabilities needed to build the next wave of innovative apps and services, and access this decentralized future. We're leveraging bitcoin and other decentralized technologies to reinvent the global financial system in an open and permissionless way to further Block's mission of economic empowerment, with a global focus.
Job Description
We are looking for an experienced product counsel to join TBD, Block's newest business unit focused on DeFi and bitcoin. As Product Counsel, you'll have a broad range of responsibilities, working closely with the TBD team to provide legal guidance on product and feature development. You will partner with our product teams to develop new offerings while managing legal risk and ensuring regulatory compliance. As we expand our offerings, your ideas and contributions will make an immediate impact. You will work on legal issues for transformative financial products that require creative business solutions. You will report directly to the General Counsel of TBD.
This role is remote from the United States or Canada.
You Will:
Provide guidance to product, engineering, business, design and marketing teams on issues related to all TBD products and features throughout the entire product development lifecycle

  • Draft terms of use, product policies, and disclosures, and implement related processes
  • Provide business-oriented advice by balancing risks and business reward
  • Remain up-to-date on relevant global industry, crypto, financial regulations, consumer protection, regulatory, advertising, IP, and privacy laws and regulations to provide an ongoing ability to provide risk-tolerant, compliance-oriented guidance
  • Develop trusted relationships with business partners and stay informed on key product developments
  • Work with other cross-functional teams (IP, privacy, tax, compliance, finance, security, and outside counsel) to provide seamless support to business partners
  • Cultivate creative ideas and insights into how legal frameworks can support new product developments


Qualifications
You Have:

  • 10+ years of combined, relevant experience in law firms, in-house legal departments, or governmental agencies.
  • Sound business navigation skill, and creativity solving problems
  • Experience with analytics, project management, and strong collaboration with partners
  • Experience working with teams and contributing individually
  • Work in an evolving and growing environment that is prone to changes
  • A JD and active membership in at least one state bar


Even Better:

  • Familiarity with launching products and advising on the legal and regulatory aspects of product development in the technology space
  • Experience with bitcoin, FinTech regulations, cross-border payments
  • An interest in bitcoin


#LI-Remote
Additional Information
Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate's starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.
Zone A: USD $217,800 - USD $326,800
Zone B: USD $202,600 - USD $303,800
Zone C: USD $191,700 - USD $287,500
Zone D: USD $185,200 - USD $277,800
To find a location's zone designation, please refer to this resource . If a location of interest is not listed, please speak with a recruiter for additional information.
Full-time employee benefits include the following:

  • Healthcare coverage (Medical, Vision and Dental insurance)
  • Health Savings Account and Flexible Spending Account
  • Retirement Plans including company match
  • Employee Stock Purchase Program
  • Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance
  • Paid parental and caregiving leave
  • Paid time off (including 12 paid holidays)
  • Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees)
  • Learning and Development resources
  • Paid Life insurance, AD&D, and disability benefits


These benefits are further detailed in Block's policies. This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.
We're working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, without regard to race, color, religion, gender, national origin, age, disability, veteran status, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other legally protected class.
We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we're doing to build a workplace that is fair and square? Check out our I+D page .
Additionally, we consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.
Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.
While there is no specific deadline to apply for this role, on average, U.S. open roles are posted for 70 days before being filled by a successful candidate.