Member of Legal (Associate General Counsel, Brokerage)
At Anchorage Digital, we are developing a cutting-edge digital asset platform tailored for institutional engagement in the crypto sphere.
Anchorage Digital is a leading crypto platform facilitating institutional involvement in digital assets through provisions like custody, staking, trading, governance, settlement, and top-tier security infrastructure. Hosting Anchorage Digital Bank N.A., the singular federally chartered crypto bank in the U.S., Anchorage Digital extends its services to institutions via Anchorage Digital Singapore and Porto by Anchorage Digital.
Funded by notable institutions such as Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, and valued over $3 billion in its Series D valuation, Anchorage Digital has its roots dating back to 2017 in San Francisco, California, with additional offices in New York, Porto, Singapore, and Sioux Falls, South Dakota.
We are currently seeking an Associate General Counsel emphasizing brokerage to spearhead the creation of a new trading solution within the digital asset realm. This role involves advising and bolstering legal support for the digital asset brokerage business lines, serving as a valuable legal partner within the team to address challenges in establishing a novel financial system. The suitable candidate will play a pivotal role in addressing critical operational matters concerning digital asset trading while contributing to the holistic development of our business.
We have outlined the Factors of Growth & Impact to provide a better framework for measuring impact and articulating coaching, feedback, and significant learning experiences corresponding to the responsibilities within the Member of Legal, Trading Solutions role:
Technical Skills:
- Develop and underpin the trading business line from a legal standpoint.
- Conduct in-depth analysis of intricate regulatory frameworks and effectively convey findings.
Complexity and Impact of Work:
- Oversee specific affiliates through diverse brokerage regulatory clearances.
- Draw parallels between actionable regulations and historical guidelines to novel products and structures.
Organizational Knowledge:
- Independently execute tasks with moderate supervision while balancing commercial and legal entities.
- Institute and cultivate a team progression amidst organizational growth.
- Navigating through dynamic regulatory environments to establish policies and procedures in collaboration with the trading solution team.
Communication and Influence:
- Consult with company leadership on prevalent and emerging legal matters, specifically concentrating on brokerage and trading issues.
- Establish close collaboration with the compliance team for updating and managing policy procedures.
Requirements for the role:
- Juris Doctor (J.D.) degree is a prerequisite.
- Demonstrated background in counseling clients on commodities or securities transactions along with the application of laws related to trading, clearing, margining, and reporting mandates for securities and commodities products.
- Experience in drafting and negotiating security and/or commodity trading agreements, notably ISDA and other structured product agreements.
- Profound knowledge of federal securities and/or commodities trading regulation, including dealing with SEC, FINRA, CFTC, and NFA regulatory frameworks.
- FINRA and securities trading legal expertise.
- Strong attention to detail and adept at managing multiple projects.
- Enthusiasm for crypto, a comprehensive understanding of the industry, and the willingness to adapt traditional laws to the new asset class.
- Demonstrates attributes like conscientiousness, adaptability, collaboration, creativity, curiosity, and humility.
Additional Bonus (Non-Requirements):
- While not obligatory, an emotional connection to the soundtrack of Hamilton, which chronicles the establishment of a fresh financial system, is highly regarded.