Full-Time

Member of Legal – Senior Counsel

Bank, Bank Regulatory

Confirmed live in the last 24 hours

Anchorage

Anchorage

201-500 employees

Digital asset custody, trading, and staking services

Fintech
Crypto & Web3
Financial Services

Senior

Remote in USA

Category
Legal
Risk & Compliance
Legal & Compliance
Requirements
  • 5+ years of law firm or in-house experience counseling banking or financial services clients.
  • 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.
  • Understanding of the regulatory frameworks, existing and proposed, that pertain to banks.
  • Ability to analyze areas of law, quickly and comprehensively understand the applicable laws, regulations, and guidance (including finding the most current and applicable versions of those laws and regulations), and synthesize research into concise reports or memoranda.
  • Ability to apply traditional financial legal concepts to the digital asset space to solution for institutional clients’ complex business needs.
  • Experience working in a face paced 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.
  • Active membership in a state bar.
Responsibilities
  • Manage all legal and regulatory affairs of Anchorage Digital Bank, including its affairs with affiliate entities.
  • Drive informed regulatory decision-making with comprehensive legal research and analysis of relevant areas of law, including those related to banking and financial services and digital assets.
  • Contribute to building a repository of legal research and memoranda of law that can be referenced and used to inform legal and regulatory decision making processes for the legal team, business, and other stakeholders.
  • Ensure that the bank is complying with the terms of its charter and operating agreement and managing its affairs with affiliate entities.
  • Work with the Assistant Corporate Secretary to manage the corporate governance of the Bank.
  • Assist the legal team in identifying key areas for further regulatory analysis and providing feedback to the business regarding key legal and regulatory questions.
  • Drive work independently while keeping track of progress related to medium-to-large projects and processes.
  • Collaborate with internal stakeholders to understand business needs and identify key legal and regulatory questions requiring further research and understanding to advance the business.
  • Help convey relevant legal issues to internal stakeholders to ensure that knowledge is shared across the appropriate teams.
  • Develop clear communication lines and work closely with the legal and business teams to provide relevant regulatory background and analysis.
  • Contribute to internal decision making discussions around legal and regulatory questions that arise from within the legal team and the business’s product development efforts.

Anchorage provides a digital asset platform that focuses on secure custody, trading, staking, and governance services specifically 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 services. The platform is designed to enhance execution speed, allowing clients to fully leverage the value of their digital assets while maintaining industry-standard security measures.

Company Stage

Series D

Total Funding

$473.7M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

11%

1 year growth

17%

2 year growth

3%
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.

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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