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Full-Time

Member of Legal – Senior Counsel

Brokerage, Trading

Updated on 9/3/2024

Anchorage

Anchorage

201-500 employees

Secure crypto platform with banking services

Hardware
Fintech
Crypto & Web3
Financial Services

Senior, Expert

Remote in USA

Category
Legal
Legal & Compliance
Requirements
  • Active membership in the state bar.
  • Utilize a strong understanding of the laws and regulation applicable to spot, margin, derivatives, platform trading and prime brokerage for digital assets to drive informed decisions and products.
  • 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.
  • You 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.
  • Transactional experience in reviewing various financial transaction agreements, primarily, lending agreements, prime brokerage agreements, ISDA/CSA and trade confirmations.
  • Experience working in a face paced start up / early stage company - highly motivated, self starter who takes initiative, with a positive attitude and willingness to take on any task (nothing is too big or too small).
  • Ability to think creatively and propose commercial and pragmatic solutions.
Responsibilities
  • Draft and review of compliance manuals, policies, procedures, disclosures and risk factors with respect to trading and lending activities.
  • Review, draft and negotiate trading, lending and derivative contracts (e.g. ISDA, Master Lending Agreements, Master Purchase and Sale Agreements, Prime brokerage agreements).
  • 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.
  • Advise the Trading Solutions business line using strong understanding of various market infrastructure, including direct knowledge on crypto trading venues, prime brokers, custodians, and payments rails.
  • Convey relevant legal issues to internal stakeholders to ensure that knowledge is shared across the appropriate teams.
  • Prioritize work based on company’s goals and communicate the ‘why’ behind your work.
  • 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.
  • Participate in client facing meetings while working with cross-functional team on multiple projects internally.

Anchorage Digital is a distinguished leader in the cryptocurrency sector, being recognized as the only federally chartered crypto bank in the US. It offers institutional clients an exceptionally secure platform for trading, staking, and governance services, adhering to the highest security and regulatory standards. The company's emphasis on developing an advanced security architecture, alongside rigorous compliance and comprehensive service capabilities, makes it a compelling workplace for those interested in pioneering digital finance solutions and regulatory frontiers.

Company Stage

Series D

Total Funding

$487M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

5%

1 year growth

8%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Anchorage Digital's recent executive appointments, including former Goldman Sachs and Coinbase Custody leaders, bring extensive traditional finance and crypto expertise, potentially accelerating growth and innovation.
  • The launch of the Porto self-custody wallet and support for Arbitrum demonstrate Anchorage Digital's commitment to expanding its product offerings and staying at the forefront of crypto technology.
  • Anchorage Digital's ability to secure $50 billion in assets under custody and form strategic partnerships with wealth management platforms indicates strong market confidence and growth potential.

What critics are saying

  • The volatile nature of the crypto market poses inherent risks, potentially impacting Anchorage Digital's asset under custody and overall financial stability.
  • Regulatory changes and increased scrutiny on digital assets could affect Anchorage Digital's operations and compliance requirements.

What makes Anchorage unique

  • Anchorage Digital is the only federally chartered digital asset bank, providing a unique regulatory clarity that sets it apart from other crypto custodians.
  • Their comprehensive suite of services, including custody, staking, and self-custody wallets, caters specifically to institutional clients, unlike many competitors who focus on retail investors.
  • Anchorage Digital's strategic partnerships with wealth management platforms and support for tokenized money market funds highlight its commitment to integrating traditional finance with digital assets.

Benefits

Health and wellness: 100% health, dental, and vision coverage for employees and their dependents

Parental leave: Family comes first: we offer parental and child bonding leave to all new parents

Meaningful equity: Every team member is a part owner in the company and community that we’re all building together

Remote friendly: We allow employees to work anywhere in the U.S. or Portugal, and have physical workspaces in New York, San Francisco, South Dakota, and Portugal.

Flexible time-off plan: Take time off, guilt-free, so you can recharge when you need to

401(k) plan & FSA account: Building a better financial future starts with our employees