Alpaca is seeking a Legal Counsel to join its dynamic team, focusing on navigating complex regulatory frameworks to support the development and launch of innovative financial products and services. This role offers the opportunity to work closely with cross-functional teams, including Product, Brokerage, Crypto, Compliance, Anti-Money Laundering (AML), Sales, and Success, in a fast-paced and evolving regulatory environment.

Key responsibilities include leading legal reviews of product designs, marketing strategies, and customer onboarding processes to ensure compliance with applicable regulations while facilitating business growth. The Legal Counsel will also monitor regulatory developments from agencies such as the SEC, FINRA, CFTC, FinCEN, and OFAC, and support the company's engagement with these regulators. Additionally, the role involves drafting agreements, disclosures, policies, and procedures, conducting legal research, and managing litigation, arbitration, and other disputes, including developing case strategies and coordinating with outside counsel.

The ideal candidate will possess a Juris Doctor (J.D.) degree and active membership in at least one U.S. state bar, with 5-7+ years of legal experience, including at least 3 years focused on U.S. broker-dealer regulation, such as the Securities Exchange Act of 1934, FINRA rules, and other federal and state securities laws. Familiarity with U.S. cryptoasset regulatory regimes, including those of the SEC, CFTC, NYDFS, FinCEN, and AML requirements, is essential. Strong experience advising fintechs or financial institutions, particularly in startup or growth-stage environments, is highly desirable.

Alpaca offers a competitive salary and stock options, comprehensive health benefits, and a new hire home-office setup to support remote work. The company fosters a collaborative and inclusive culture, emphasizing core values such as curiosity, empathy, and accountability. This role presents an exciting opportunity to contribute to Alpaca's mission of opening financial services to everyone on the planet, while navigating the complexities of the financial regulatory landscape.

Alpaca is a U.S.-headquartered, global leader in agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, and more. Serving hundreds of financial institutions across 40 countries, Alpaca is committed to open-source contributions and fostering a vibrant community. The company is backed by $400 million in funding from top-tier global investors, including Portage Ventures, Spark Capital, Tribe Capital, and Y Combinator.