Augustus (formerly known as Ivy) has received OCC conditional approval to charter the first clearing bank for the AI era. Backed by Variant.
About the role
As Head of Legal - US at Augustus, you own the legal backbone of the company in the U.S. - inclusive of U.S. product development, strategy, U.S. board governance and regulatory engagement. You report to Ro, our Global Chief Legal and Risk Officer, and work closely with Product, Sales, Finance, People and the founders. Found on 1752vc Careers, the job board for startup and VC roles.
What they're looking for
- J.D. and admission to a US state bar (New York preferred)
- 5+ years of corporate legal experience, split between a leading law firm (emerging companies/VC, M&A or capital markets) and at least 2 years in-house at a startup
- Hands-on experience with venture financings, equity plans and corporate governance
- Based in New York or willing to relocate
More about this role
Few people get to build a bank from scratch. Even fewer get to build one at a moment when banking itself is being reinvented.
The Dollar is the best product in the history of the world - there is infinite global demand. But international fintechs and banks are left with two unsatisfying options to choose from: Either build on legacy correspondent banks that are slow and unreliable, or interface with middleware providers that neither move nor hold the dollars directly, but instead rely on underlying legacy banks themselves. At Augustus, we collapse the stack by combining two things: A real, national bank charter (in organization), and Marble, our proprietary core banking system, built around intelligence, made of code.
We are a group of ex-founders, founding employees of unicorns, and people who dropped out of university because they believe this is an industry and career defining opportunity. We are backed with more than $200M from Peter Thiel's Valar Ventures, Tiger Global, Hummingbird, QED, Creandum, and the founders of Nubank, Ramp, Deel, Circle, Fluidstack, Fuse, and Etched.
We are regulated in Europe and live with Euro and Stablecoin clearing today. Now, we are building the...
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