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Senior Counsel - Product (UK & EU)

Role overview

Summary

The Senior Counsel role focuses on providing legal support for consumer products within Kraken's Consumer Legal team. You will collaborate closely with product teams to navigate regulatory challenges and ensure compliance while fostering innovation in the rapidly evolving crypto landscape.

Qualifications

  • Qualified lawyer (Solicitor of England & Wales, Irish Solicitor, or equivalent admitted in an EU Member State)
  • 5+ years’ PQE in financial services law gained at a regulated financial services firm, crypto services provider, or in private practice
  • Outstanding analytical, drafting, and organisational skills with plain-English writing
  • Ability to distill complex legal and regulatory issues into clear guidance for non-lawyers
  • Preferred: Experience with advising on regulated MiFID investment services and familiarity with relevant crypto-asset regimes

Responsibilities

  • Partner with Product, Design, and Engineering teams to shape and ship consumer products.
  • Provide legal guidance on regulatory issues related to crypto trading, payments, and tokenized equities.
  • Draft and distill complex legal and regulatory issues into actionable guidance for stakeholders.
  • Advise on compliance with relevant financial regulations and frameworks.

Key facts

Hard skills

Other skills

  • Negotiation
  • Analytical Thinking
  • Communication

About the company

Kraken logo

Kraken

  • Crypto & Web3
  • SME
  • 1,001–5,000
As one of the largest and most trusted digital asset platforms globally, we are empowering people to experience the life-changing potential of crypto. Trusted by over 8 million consumer and pro traders, institutions, and authorities worldwide - our unique combination of products, services, and global expertise is helping tip the scales towards mass crypto adoption. But we’re only just getting started. We want to be pioneers in crypto and add value to the everyday lives of billions. Kraken is backed by investors including, Money Partners Group, Hummingbird Ventures, Blockchain Capital, and Digital Currency Group, among others. "We are empowering people to live simply, efficiently and more connected to others. We put our clients’ best interests first and foremost. They are at the heart of our company and drive everything we do. We believe in having a laser focus when pursuing our strategic goals and participate only in markets where we can make a significant contribution. We believe in complete transparency, deep collaboration and we never forget that people come first. Having this mindset allows us to grow and advance at a rate which others cannot." Jesse Powell, CEO of Kraken

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Job description

Building the Future of Open Finance

Payward - the parent company behind Kraken, NinjaTrader, Breakout, xStocks, Payward Services and CF Benchmarks - has spent the last 15 years building one of the most modern and globally accessible financial infrastructure platforms in the industry, built to advance an open, global financial system.

The team

Founded in 2011, Kraken is one of the world's longest-standing crypto platforms, trusted by over 10 million individuals and institutions across the globe. It offers spot trading, margin, futures, staking, and OTC services, with products built for both individual investors and institutional clients.

 

Join our growing Product Legal team of 10, embedded with Kraken’s Product, Design, and Engineering teams to ship novel products and experiences that accelerate the global adoption of crypto. We’re a tight, experienced group of product lawyers from a diverse range of tradfi, fintech, and crypto backgrounds who move fast, stay curious, and take pride in the commercial accountability of our advice - partnering directly with product teams to chart clear, defensible paths to launch.

This is a fully remote role for a qualified solicitor in the UK or admitted in an EU jurisdiction.

 

The opportunity

The Senior Counsel (Consumer Legal) role is based in the UK or EU within our Consumer Legal team, partnering on cutting edge consumer products including crypto trading, earn, payments, on-chain integrations, equities, and tokenised equities. Reporting to the Head of Consumer Legal, you’ll work shoulder-to-shoulder with Product, Design, and Engineering teams to shape and ship novel consumer products and experiences. We’re looking for a hands-on lawyer with strong product development instincts, regulatory fluency, and negotiation skills (ideally honed in the regulated financial sector) combined with a crypto-forward mindset. Curiosity, flexibility, and a bias for action at the intersection of crypto and traditional global markets are essential.

  

What you bring

  • Qualified lawyer (Solicitor of England & Wales, Irish Solicitor, or equivalent admitted in an EU Member State).

  • 5+ years’ PQE in financial services law gained at a regulated financial services firm, crypto services provider, or in private practice (ideally with direct product counselling experience).

  • Preference for experience with advising on regulated MiFID investment services and familiarity with relevant crypto-asset regimes, including MiCA, AMLD5, UK financial promotions, and/or e-money regulations.

  • Outstanding analytical, drafting, and organisational skills with crisp, plain-English writing.

  • Ability to efficiently and confidently distill complex legal and regulatory issues into clear, actionable guidance for non-lawyers and product stakeholders.

  • Pragmatic, commercially accountable approach to legal and regulatory risk that prioritises providing stakeholders with a useful range of options and delivers clear recommendations to decision-makers.

  • Demonstrates an authentic passion for crypto and familiarity with the features of both Kraken and its competitors’ apps and products.

  

Nice to haves

  • Expertise in MiCA framework applicable to CASPs including brokerage, custody and the operation of trading platforms.

  • Expertise in UK crypto-asset financial promotions regime and proposals for incoming authorisation regime for regulating crypto asset service providers.

  • Expertise in MiFID frameworks applicable to investment services including derivatives, equities, funds and emerging tokenised financial instruments.

  • Familiarity with using AI tools such as Enterprise GPTs to increase efficient provision of legal services, create custom GPTs allowing stakeholders to self-serve on commoditised legal and regulatory queries.

   

Unless a specific application deadline is stated in the job posting, applications are accepted on an ongoing basis.

Please note, applicants are permitted to redact or remove information on their resume that identifies age, date of birth, or dates of attendance at or graduation from an educational institution.

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.

Our commitment

Payward is powered by people from around the world and we celebrate the diverse talents, backgrounds, contributions, and unique perspectives that everyone brings to the table. We hire based on merit, seeking out people with the right abilities, knowledge, and skills for the job. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgeable about crypto.

We may ask candidates to complete job-related skills or work-style assessments as part of our hiring process. These assessments evaluate competencies relevant to the role and are applied consistently across candidates for similar positions. Results are considered alongside experience and interviews, and are not the sole basis for any employment decision.

As an equal opportunity employer, we don't tolerate discrimination or harassment of any kind, whether based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status, or any other protected characteristic as outlined by federal, state, or local laws.

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