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Full-Time

Sr. Counsel / Associate General Counsel

Institutional and Prime Services

Confirmed live in the last 24 hours

BitGo

BitGo

201-500 employees

Custodial and security services for digital assets

Financial Services
Crypto & Web3

Compensation Overview

$220k - $270kAnnually

+ Equity + Annual Performance Bonus

Senior

New York, NY, USA

Preference for candidates within San Francisco, New York City, and Sioux Falls markets.

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Sales
Marketing
Requirements
  • 4-6+ years of related law firm and/or in-house legal experience at a financial services or crypto company, ideally involving customer-facing sales, trading and/or custody. Must have at least 2 years of experience advising or negotiating against institutional clients at a large law firm or bulge bracket bank.
  • Strong understanding of the laws and regulation applicable to (i) transaction settlement, clearing, and securities lending, (ii) securities and derivatives regulation, and (iii) regulations relating to extensions of credit such as Regs T, X and U.
  • Ability to balance multiple tasks in accordance with changing deadlines and priorities in a fast-paced environment.
  • Ability to assess and balance legal risks against business interests.
  • Interest in blockchain and digital assets.
  • Flexible, “can-do” attitude and willingness to learn.
Responsibilities
  • Draft and negotiate a wide range of prime brokerage, trading, and commercial contracts, including master lending agreements, account control agreements, external client agreements, and more.
  • Working closely with cross-functional teams to facilitate building, delivery, and marketing of new products.
  • Supporting international expansion of custody, trading, settlement and related businesses.
  • Managing legal and regulatory risks in a thoughtful and commercially practicable manner.
  • Escalating issues to senior team members as appropriate.
  • Pitching in whenever and wherever needed, even when not directly related to responsibilities described above.

BitGo provides secure and efficient solutions for institutional clients in the digital currency market, focusing on cryptocurrencies like Bitcoin. The company offers custodial services to securely store digital assets, multi-signature wallets that require multiple approvals for transactions, and APIs that allow clients to integrate these services into their platforms. Additionally, BitGo provides staking services, enabling clients to earn rewards by validating transactions on blockchain networks. Unlike many competitors, BitGo emphasizes compliance with regulatory requirements, such as the FATF Travel Rule, ensuring that clients can navigate the complexities of the digital currency market safely. The goal of BitGo is to support institutional investors by offering reliable and compliant services that enhance security and efficiency in managing digital assets.

Company Stage

Series C

Total Funding

$187.9M

Headquarters

Palo Alto, California

Founded

2013

Growth & Insights
Headcount

6 month growth

28%

1 year growth

46%

2 year growth

21%
Simplify Jobs

Simplify's Take

What believers are saying

  • BitGo's recent $100M Series C funding and $1.75B valuation highlight strong financial backing and growth potential.
  • The launch of BitGo Ventures and the Ecosystem Fund demonstrates a commitment to fostering innovation and supporting emerging blockchain projects.
  • Expansion into Europe with regulated custody services and new product offerings like staking and real-time settlement positions BitGo for significant market growth.

What critics are saying

  • The rapidly evolving regulatory landscape for digital assets could pose compliance challenges and impact BitGo's operations.
  • Intense competition from other digital asset custodians and financial institutions may pressure BitGo to continuously innovate and maintain its market position.

What makes BitGo unique

  • BitGo's focus on institutional clients and robust security solutions, such as multi-signature wallets and custodial services, sets it apart from competitors who may target a broader audience.
  • The company's strategic acquisitions, like Lumina and Hedge, have enhanced its platform, providing a more comprehensive suite of services than many competitors.
  • BitGo's compliance with regulatory requirements, such as the FATF Travel Rule, ensures that it meets the stringent needs of institutional investors, unlike some less regulated competitors.

Benefits

Company-paid medical, dental, and vision plans

Catered lunches, fresh snacks, and gourmet coffee

Commuting made easy with company-paid Caltrain passes

Competitive compensation, stock options, and 401k plan

Computer equipment and workplace furniture

Flexible vacation time