General Counsel
About the role
We are hiring our first General Counsel and Head of Regulatory Affairs, a founding member of our leadership team who will define how Basic Capital operates within and innovates beyond traditional financial regulation.
Basic Capital is building the future of retirement investing in the most regulated arena in America: financial services.
That means we need a creative, fast, deeply strategic General Counsel who thrives in ambiguity, enjoys being close to the action, and can find legal solutions in unexpected places.
A Wartime Consiglieri, Not a “Department of No.”
This is a role for someone who wants to help define a brand-new category, not just interpret old rules.
You will report directly to our Co-Founder and CEO, Abdul Al-Asaad, and partner with leaders across the business to ensure every strategic move, from credit products to partnerships to platform design, aligns with our long-term vision and the regulatory frameworks that govern financial markets.
This is not a typical in-house legal job. It is an opportunity to build the legal and regulatory foundation of a fintech company redefining the rules of retirement investing. You will have direct influence on how we scale, structure, and grow, balancing innovation and compliance every step of the way.
What you’ll do
Design and own the company’s legal and regulatory strategy from the ground up
Manage outside counsel and legal budget, deciding when to build, when to buy, and when to push for new precedent
Negotiate and structure credit and financing agreements that power our capital model
Navigate the complexities of custodial relationships, broker-dealer registration, and credit regulation
Draft and negotiate commercial contracts such as MSAs, NDAs, and partnerships
Ensure our products and platforms stay compliant with federal and state laws across securities, lending, and privacy
Create internal policies and controls that keep us efficient, secure, and audit-ready
Who you are
JD from an accredited law school and admitted to at least one U.S. bar, open to registering in New York
5 to 10 years of relevant experience in corporate, securities, or tax law, ideally with fintech exposure
Deep understanding of regulatory frameworks across capital markets, ERISA and retirement, credit, and data privacy
Confident in presenting complex regulatory strategy to business leaders and helping them act on it
Entrepreneurial by nature, comfortable operating autonomously, solving new problems, and building structure from zero
Based in or willing to relocate to New York City
About Basic Capital
Basic Capital is a fintech company reinventing America’s 1 trillion dollar retirement industry by creating the mortgage for retirement. We are unlocking ownership, access, and wealth creation for every American through products that make it easy and smart to invest in your future.
Our founding team includes alumni from Goldman Sachs, Uber, Block, and Robinhood. We are backed by Forerunner, Lux, BoxGroup, SV Angel, Inspired Capital, and Henry Kravis.
We are an in-person team based in SoHo, New York City.