Full-Time
Legal Associate
Five Rings Capital
201-500 employees
Proprietary trading firm using data analytics
Compensation Overview
$175k - $225k/yr
New York, NY, USA
In Person
The role is based in the New York office.
JD
 Legal (1) |
|---|
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- The candidate must hold a Juris Doctor or equivalent degree.
- The candidate must be admitted to practice in New York.
- The candidate must have at least five years of relevant experience gained at a major law firm, in-house, or a combination of the two.
- The candidate must have strong drafting and negotiation skills across a wide range of commercial agreements.
- The candidate must demonstrate sound commercial judgment.
- The candidate must be able to give clear and practical advice to non-legal audiences.
- The candidate must be able to work independently.
- The candidate must have strong organizational skills and the ability to multitask.
- The candidate must be comfortable working across jurisdictions and with colleagues and counsel in other offices.
- Provide legal analysis of new business opportunities, including new markets, products, and trading opportunities.
- Draft, review, and negotiate non-disclosure agreements and commercial contracts, including technology, data, and vendor agreements.
- Draft, review, and negotiate trading and counterparty documentation.
- Assist with general corporate matters.
- Advise on employment and personnel matters.
- Manage outside counsel where specialist input is required.
- Experience at a proprietary trading firm, broker-dealer, or financial institution.
Five Rings Capital is a proprietary trading firm that uses its own capital to trade financial instruments across global markets, providing liquidity and executing trades for financial institutions and individual investors. Its approach centers on data-driven strategies that quickly move from insight to implementation, often within days or weeks, across both liquid and less common markets. The company differentiates itself through a team-first, meritocratic culture that emphasizes mentorship, collaboration, and analytical thinking, along with a broad market footprint and fast iteration. Its goal is to grow capable minds and generate returns by combining rigorous data analysis with rapid execution in a wide range of markets.
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
2009
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Simplify's Take
What believers are saying
- Five Rings posted 2026 openings for traders, quants, software, and trading operations.
- AFM lists Five Rings Capital B.V. in Amsterdam with EU passport access since 2025.
- OffCycle showed 15 live roles in August 2026, signaling active campus recruitment.
What critics are saying
- No visible profit disclosures; hiring alone cannot prove durable trading edge.
- Market-making participation raises surveillance and compliance risk after July 2026 MOC entry.
- A bad risk cycle in proprietary trading can erase capital fast and trigger layoffs.
What makes Five Rings Capital unique
- Team-first training model; 2026 roles still stress mentorship and rapid responsibility.
- Amsterdam and London presence broadens market coverage beyond New York trading desks.
- Platts added Five Rings to Asia Fuel Oil paper MOC on July 22, 2026.
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Benefits
Performance Bonus
Company News
ElectronX has closed a $30 million Series A led by seed round investor DCVC and joined by XTX Markets, Five Rings, NGP, GTS, and JACS Capital, along with returning investors Innovation Endeavors, Systemiq Capital, Equinor Ventures and Shell Ventures.