Full-Time

Lead Counsel

Trading, Associate General Counsel, Trading

Posted on 9/3/2024

Anchorage

Anchorage

201-500 employees

Digital asset custody, trading, and staking services

Fintech
Crypto & Web3
Financial Services

Senior, Expert

Remote in USA

Category
Legal
Legal & Compliance
Requirements
  • A J.D. degree and 7+ years of experience
  • Demonstrated experience advising clients on commodities or securities transactions and applying the laws relating to trading, clearing, margining, and reporting requirements for securities and commodities products
  • A background in drafting and negotiating security and/or commodity trading and clearing agreements, preferably including ISDA, and other structured product agreements
  • Strong knowledge of federal securities and/or commodities trading regulation, including experience with SEC, FINRA, CFTC and NFA regulatory structures
  • FINRA and securities trading legal experience
  • Close attention to detail and the ability to manage multiple projects
  • Enthusiasm for crypto, an understanding of the space, and are ready to adapt traditional laws to this new asset class
  • Some combination of the following: conscientious, adaptable, collaborative, creative, curious, and humble
Responsibilities
  • Structure and support the trading business line from a legal perspective.
  • Analyze complex regulatory frameworks and communicate findings clearly.
  • Design and manage policies and procedures that will help us grow the business responsibly.
  • Engage with multiple business lines in a fast-paced environment.
  • Shepherd certain affiliates through various brokerage regulatory approvals.
  • Analogize precedential and historical regulations and guidance to new and innovative products and structures.
  • Interact directly with clients and counterparties to negotiate and execute a variety of legal agreements.
  • Execute with moderate supervision and balance commercial and legal entities.
  • Build a team as we grow.
  • Navigate an ever-changing regulatory landscape to build policies and procedures with the trading solution team.
  • Help advise company leadership on existing and emerging legal issues, with particular focus on brokerage and trading issues.
  • Work closely with compliance team on policy updates/management of policies and procedures.

Anchorage provides a digital asset platform that focuses on secure custody, trading, staking, and governance services for cryptocurrencies. The platform is tailored for institutional clients, including hedge funds and venture capital firms, ensuring that their digital assets are managed with high security and operational flexibility. Anchorage's services generate revenue through custodial fees, trading commissions, and staking, while its platform is designed to enhance execution speed and deliver a smooth user experience. What sets Anchorage apart from its competitors is its strong emphasis on security and the ability to cater specifically to the needs of financial institutions. The company's goal is to maximize the value of digital assets for its clients while maintaining industry-standard security.

Company Stage

Series D

Total Funding

$473.7M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

-5%
Simplify Jobs

Simplify's Take

What believers are saying

  • Acquiring a BitLicense allows Anchorage to serve New York's institutional market.
  • Ethereum liquid staking offers liquidity and yield without locking up holdings.
  • Partnership with PayPal enhances stablecoin rewards, attracting institutional clients.

What critics are saying

  • Increased competition from other federally chartered crypto banks.
  • Cryptocurrency market volatility affects trading and staking revenue.
  • Regulatory scrutiny on stablecoins may impact Anchorage's rewards program.

What makes Anchorage unique

  • Anchorage Digital is the only federally chartered crypto bank in the US.
  • The company offers integrated financial services with a focus on institutional clients.
  • Anchorage Digital provides secure custody, trading, staking, and governance services.

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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

INACTIVE