Director, Legal (Capital Markets)

Private markets hold some of the most valuable and innovative companies in the world, yet trading their equity still runs on email chains, PDFs and wire instructions. We believe that with the right infrastructure, private markets can become the biggest market in the world. Augment is building that infrastructure, end to end, to be the simplest experience for buying and selling shares in private companies.

As our senior capital markets lawyer, you’ll design the legal architecture underneath it. You’ll shape our investing playbook, build the templates that will integrate into the product at scale, and help grow our legal team.

Accredited and institutional investors use Augment to buy and sell shares in some of the world’s most sought after private companies, including Perplexity, Kalshi, SpaceX (now public), and Glean. Augment was founded in 2022 with headquarters in Austin and an office in NYC.

We’re growing fast:

• Raised $16.5M to date from investors including Builders VC, Neo, Golden Section, E1 Ventures and OPCO Ventures

• Profitable 50+ person team and growing, with an eight-figure annual revenue run rate, targeting 9 figures in 2027

• More than $2B in assets under management

• 10,000+ users and transactions in 45+ private companies

• Experienced leadership from Google, Rubrik, Ramp, UBS, Morgan Stanley, Credit Suisse, SharesPost, Forge, Nasdaq Private Market, and KPMG, with our Chief Compliance Officer sitting on FINRA’s Small Firm Advisory Committee
  

Read more about Augment at Augment Jobs.

We're hiring a Director of Legal to lead the legal work behind Augment's revenue-generating investment products. You'll be the senior funds and securities lawyers on the team and report directly to our Head of Legal.

This isn't a conventional in-house role. Every week we execute complex private market transactions: single-asset and multi-asset SPVs, partnerships, side letters, escrow and settlement arrangements, and securities placements. We need a lawyer who can structure, negotiate and close deals, set the company's legal positions, and build the infrastructure that lets us scale.

You’ll cover the full range of revenue legal work, from senior structuring and strategy to high-volume execution. If you'd rather build a practice than inherit one, this is the seat.

Run single-asset SPV diligence and offerings

• Run single-asset SPV diligence and offering reviews from Augment's playbooks

• Handle escalations on complex or non-standard deals, and decide when a deal needs a different approach

• Supervise outside diligence counsel, set review standards, and manage quality, turnaround and cost
  

Own multi-asset fund structuring and execution

• Design the structure and template suite for Augment's multi-asset funds, and lead execution as the product ramps

• Draft and negotiate operating agreements, subscription documents, purchase agreements and related organizational materials

• Advise on entity formation, governance and dissolution across a growing portfolio of investment vehicles
  

Negotiate partnerships and investor terms

• Track and manage side letter and investor obligations across the platform

• Structure and negotiate partnership arrangements with platforms, funds and strategic counterparties
  

Lead PTP structuring and securities regulatory review

• Lead PTP structuring review for direct investments and for indirect investments that run through lower-tier vehicles, including the entity classification analysis at each layer

• Advise on Securities Act, Investment Company Act, broker-dealer and RIA considerations that affect deal execution, including Section 4(a)(7) resales, transfer restrictions and resale eligibility

• Help manage conflict-of-interest disclosures, offering documents and investor disclosures
  

Serve as product counsel on investment features

• Partner with product, engineering, business development and operations to launch new investment features and structures

• Turn legal risk and structuring considerations into clear, launch-ready guidance that non-lawyers can act on

• Oversee escrow, settlement mechanics and closing deliverables so transaction flows are legally sound and operationally executable
  

Build legal infrastructure

• Build template libraries, playbooks and automated workflows so legal scales with deal volume. Augment is a software company, so you'll have engineers and product teams to help build what you design
  

• You want to generate, implement and enforce our investing playbook, not just apply someone else's

• You're excited by businesses that combine software, financial infrastructure and securities operations

• You can move quickly between big-picture structuring and line-by-line document markup

• You're comfortable building processes while doing the work, with lean resources

• You have strong judgment and can simplify messy deal situations without oversimplifying them

• You build trust with counterparties, co-investors, regulators and internal stakeholders

• You stay responsive, reliable and calm when deals are closing
  

At Augment, we measure success by how well and quickly we can build a big business.

• Upside. Meaningful equity in a venture-backed company that's already operating at scale, in a market we believe is just getting started.

• Ownership. You'll set Augment's positions on SPV structure, side letters and PTP analysis. Your templates become the product.

• Scope. Funds, securities, broker-dealer, RIA and product counsel work in one seat. Few in-house roles touch this much of a regulated financial business.

• No billable hours. No timesheets, no origination targets and no partnership lottery.

• Flexibility. We're remote-first, with a hybrid New York option and unlimited PTO.

• Timing. Private market secondaries are becoming core financial infrastructure. You'll help define how that market works.
  

• JD from an accredited law school and active bar membership in at least one U.S. jurisdiction (New York preferred)

• 7+ years of experience as a practicing attorney, including 2+ years of funds, securities or private markets experience, with a strong foundation at a major law firm and/or in-house at a bank, asset manager, financial services or fintech company

• Significant experience drafting and negotiating SPV and fund documents, subscription agreements, side letters and related private markets transaction documents

• Working command of securities law, Investment Company Act considerations, PTP rules, and broker-dealer and RIA regulatory frameworks

• Excellent drafting skills, with strong attention to detail and commercial judgment

• Ability to manage multiple deals at once and to make practical calls quickly

• Interest in managing and developing other lawyers
  

• Experience supervising outside counsel or building playbooks for high-volume work

• Willingness to obtain securities licenses (e.g., Series 7, Series 63, Series 65, Series 24)
  

• Meaningful equity in a profitable, high-growth company

• 100% employer-paid medical, dental and vision coverage for employees

• Unlimited PTO

• Remote, with hybrid in-office in New York preferred
  

The U.S. base salary for this role is $185,000 to $245,000 a year, depending on level, experience and demonstrated responsibility, plus equity. Total compensation may also include other components or benefits, depending on the role.

Augment's deal volume and complexity are growing fast. Every SPV, side letter, partnership and new product we launch needs careful structuring and skilled negotiation. You'll build the legal foundation that lets Augment scale, protects our investors, and helps define how private markets operate.

If this sounds exciting, apply here.