Aspora · 5 days ago
Legal Counsel - US
United States
Full-time
Remote
Mid, Senior Level
3+ years expAspora is building a borderless financial operating system that makes money mobile and transparent for its users. As Legal Counsel - US, you will be responsible for providing legal guidance on US money transmission, cross-border remittance, and payments products, while ensuring compliance with state and federal regulations.
Financial Services
Responsibilities
Serve as primary US legal counsel for Aspora’s US money transmission, remittance, and payments offerings, providing day-to-day advice to product, operations, compliance, and leadership
Advise on the legal aspects of state money transmitter licensing (MTLs), NMLS filings, product structures, and customer journeys, partnering closely with the US CCO and compliance team
Interpret and advise on US federal and state laws affecting our business, including money transmission laws, EFTA/Reg E, consumer protection/UDAP, BSA/AML and sanctions (from a legal perspective), privacy, and marketing/advertising rules
Draft, review, and negotiate a wide range of commercial agreements, including bank and program-manager arrangements, payment processor agreements, vendor contracts, and partnership deals
Own and maintain customer-facing legal content for the US (terms and conditions, disclosures, consent language, privacy notices), and support the development of internal policies and playbooks
Support interactions with US regulators, state agencies, banking partners, auditors, and external counsel, including preparing responses to exams, inquiries, and complaints
Monitor legal and regulatory developments impacting remittances, payments, and consumer financial services, and proactively translate them into concrete product and process changes
Able to handle multi-jurisdictional legal matters in close coordination with our global legal team
Build scalable templates, training, and guidance to help non-legal teams spot issues early and make sound, risk-aware decisions
Qualification
Required
JD from an accredited US law school and active membership in at least one US state bar; eligible to practice in your state of residence (in-house registration where applicable)
3 – 5 years of post-qualification experience in legal roles focused on financial services, payments, or fintech—whether in-house or at a top law firm advising such clients
Strong working knowledge of US money transmission and payments law, consumer financial services rules (including EFTA/Reg E and UDAP/UDAAP concepts), and the legal dimensions of BSA/AML, sanctions, and data privacy
Track record of partnering with product, compliance, and operations teams to launch or scale financial products in a regulated environment, ideally across multiple states or jurisdictions
Exceptional drafting and negotiation skills; able to create clear, commercially focused contracts and policies that reflect our risk appetite
Risk-based mindset with the ability to propose pragmatic, business-oriented solutions that balance regulatory expectations, customer protection, and growth
Comfortable operating as an early legal hire in a fast-moving environment—hands-on, resourceful, and decisive under ambiguity
Excellent communicator who can simplify complex legal concepts, influence stakeholders at all levels, and build trust with regulators, partners, and internal teams
Benefits
Professional development budget and learning stipends
Wellness benefits and team bonding initiatives
Company
Aspora
At Aspora, we're building financial bridges that connect the Indian diaspora community across the US, UK, UAE, and EU to home.
51-200 employees
Funding
Current Stage
Growth StageRecent News
2025-06-27
2025-06-22
2025-06-22
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