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Member of Legal, Senior Counsel, Trading

Key Facts

Remote From: 
Category:  Counsel
Full time
Senior (5-10 years)
English

Other Skills

  • Training And Development
  • Ability To Meet Deadlines
  • Creative Problem Solving
  • Detail Oriented
  • Prioritization

Roles & Responsibilities

  • 8+ years of transactional experience reviewing financial transaction agreements, including lending agreements, prime brokerage agreements, ISDA/CSA and trade confirmations.
  • Active membership in the New York State Bar.
  • Experience in a fast-paced startup or early-stage company with demonstrated self-starting and initiative.
  • Strong understanding of regulatory frameworks applicable to digital assets and ability to apply traditional financial legal concepts to institutional clients’ needs.

Requirements:

  • Provide strategic legal advice to bring new products and features to the institutional market, from product discovery through establishing, developing policies, and regulatory compliance.
  • Structure, draft, and negotiate counterparty agreements for prime brokerage features, electronic trading, derivatives, and financing arrangements, coordinating with internal teams and external counsel.
  • Develop and manage contract templates, and collaborate with Compliance to create guidelines, policies, procedures playbooks, and staff training.
  • Advise executive leadership on reputational and regulatory issues and ensure ongoing compliance with key relevant regulations.

Job description

At Anchorage Digital, we are building the world’s most advanced digital asset platform for institutions to participate in crypto.
 
Anchorage Digital is a crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, settlement, and the industry's leading security infrastructure. Home to Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, Porto by Anchorage Digital, and other offerings.
 
The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn. 

With the evolving landscape of digital threats and an increasing volume of sophisticated attacks by malicious actors, we have a security policy mandating all new hires complete an in-person onboarding process - no exceptions. Security is our foundation and we prioritize physical identity verification and secure IT setup. While our security and IT logistics require physical presence to protect our infrastructure from sophisticated global threats, this move is equally about our Village culture. We believe that a laptop can be shipped, but our culture cannot.


The Senior Counsel, Trading is an integral member of the trading solutions business responsible for providing strategic legal advice to bring new products and features to the institutional market. This role requires a builder's mindset and direct involvement from the product discovery stage through establishing, structuring, developing policies, and conducting legal research for regulatory compliance.

You will provide legal expertise on market infrastructure, including crypto trading venues, prime brokers, custodians, and payment rails. Responsibilities include structuring, drafting, and negotiating counterparty agreements for prime brokerage features, electronic trading agreements, derivatives, and financing arrangements, while coordinating with internal teams and managing external counsel.

Finally, you will provide strategic advice to executive leadership on reputational and regulatory issues and advise on the implementation and ongoing compliance of key relevant regulations.

We have created the Factors of Growth & Impact to help Villagers better measure impact and articulate coaching, feedback, and the rich and rewarding learning that happens while exploring, developing, and mastering the capabilities and contributions within and outside of the Senior Counsel, Trading role:

Technical Skills:
  • Strong understanding of the laws and regulation applicable to spot, margin, derivatives, platform trading and prime brokerage for digital assets.
  • Able to create, draft, negotiate a wide range of agreements, including digital asset trading agreements, prime brokerage agreements, collateral agreements, margin agreements, loan agreements, settlement terms, ISDAs, confirmations, master confirmations, disclosures, risk factors and more.

  • Complexity and Impact of Work:
  • Work closely with the Associate General Counsel for trading solutions, business heads and their teams to grow the trading solutions business.
  • Develop and manage contract templates, partner with Compliance to develop guidelines, policies and procedures playbooks and staff training.
  • Drive work independently while leading medium-to-large projects and processes.

  • Organizational Knowledge:
  • Strong understanding of various market infrastructure, including direct knowledge on crypto trading venues, prime brokers, custodians, and payments rails.
  • Able to convey relevant legal issues to internal stakeholders to ensure that knowledge is shared across the appropriate teams.
  • Able to prioritize work based on company’s goals and communicate the ‘why’ behind your work.

  • Communication and Influence:
  • Build a close relationship with the trading solutions team, legal and compliance team to collaborate closely, resolve legal issues, structure complex agreements, and improve efficiency.
  • Strong communication skills, both internally and externally.
  • Ability to be client facing while working with cross-functional team on multiple projects internally.

  • You may be a fit for this role if you:
  • Are highly organized with a bias for action, meticulous attention to detail and ability to produce quality work in a fast paced, high volume work environment.
  • Have an understanding of the regulatory frameworks, existing and proposed, that pertain to various digital assets business models. Ability to apply traditional financial legal concepts to the digital asset space to solution for institutional clients’ complex business needs.
  • Have 8+ years of transactional experience in reviewing various financial transaction agreements, primarily, lending agreements, prime brokerage agreements, ISDA/CSA and trade confirmations.
  • Have experience working in a face paced start up / early stage company. Essentially, you are a highly motivated, self starter who takes initiative, has a positive attitude and willingness to take on any task (nothing is too big or too small)
  • Are able to think creatively and propose commercial and pragmatic solutions.
  • Have an active membership in the NY state bar.

  • Although not a requirement, bonus points if:
  • You were emotionally moved by the soundtrack to Hamilton, which chronicles the founding of a new financial system. :)
  • About Anchorage Digital: Who we are
     
    The Anchorage Village, what we call our team, brings together the brightest minds from platform security, financial services, and distributed ledger technology to provide the building blocks that empower institutions to safely participate in  the evolving digital asset ecosystem. As a diverse team of more than 600 members, we are united in one common goal: building the future of finance by providing the foundation upon which value moves safely in the new global economy. 
     
    Anchorage Digital is committed to being a welcoming and inclusive workplace for everyone, and we are intentional about making sure people feel respected, supported, and connected at work—regardless of who you are or where you come from. We value and celebrate our differences and we believe being open about who we are allows us to do the best work of our lives.
     
    Anchorage Digital is an Equal Opportunity Employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. Anchorage Digital considers qualified applicants regardless of criminal histories, consistent with other legal requirements. “Anchorage Digital” refers to services that are offered either through Anchorage Digital Bank National Association, an OCC-chartered national trust bank, or Anchorage Lending CA, LLC a finance lender licensed by the California Department of Financial Protection and Innovation, License No. 60DBO-11976, or Anchorage Digital Singapore Pte Ltd, a Singapore private limited company, all wholly-owned subsidiaries of Anchor Labs, Inc., a Delaware corporation.
     
    Protecting your privacy rights is important to Anchorage Digital, and we work to maintain the trust and confidence of our clients when handling personal or financial information. Please see our privacy policy notices here.

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