Role in brief
Anchorage is seeking a Senior Counsel to provide legal guidance for its institutional crypto trading operations. This remote role involves advising on various trading activities, drafting compliance documents, and negotiating financial agreements. It is suitable for a highly organized legal professional with experience in digital asset regulations and financial transactions, particularly within a fast-paced startup environment.
About the role
This role focuses on providing legal counsel for Anchorage Digital's over-the-counter principal trading entity. The Senior Counsel will offer strategic advice on spot, margin, derivatives, and API trading activities. This involves ensuring all trading operations comply with relevant regulations and internal policies, contributing to the secure and compliant operation of the platform.
A key part of the work involves drafting and reviewing essential compliance documents. This includes creating and updating compliance manuals, policies, procedures, disclosures, and risk factors specifically related to trading and lending. The role also requires active participation in reviewing, drafting, and negotiating various financial contracts, such as USDAs, Master Lending Agreements, and Prime Brokerage agreements.
Success in this position means effectively navigating the complex regulatory landscape of digital assets while supporting the company's trading and lending functions. The Senior Counsel will be instrumental in maintaining legal integrity and mitigating risks associated with institutional crypto trading, ensuring that all activities align with legal standards and business objectives.
The competitive salary for this position ranges from $112,000 to $188,000.
Skills that matter here
- Understanding of regulatory frameworks for digital assets: This is crucial for providing strategic legal advice and ensuring compliance for all trading and lending activities.
- Transactional experience in reviewing financial transaction agreements: This skill is directly applied when drafting and negotiating various trading, lending, and derivative contracts.
- Experience in a fast-paced startup or early-stage company: This background helps the counsel adapt to the dynamic environment of a growing digital asset platform.
- Active membership in the state bar: This is a foundational requirement for practicing law and providing legal advice in this role.
Who this role suits
- A legal professional who is highly organized and pays meticulous attention to detail.
- Someone who has a proactive approach and a bias for action in their work.
- An individual comfortable working within a dynamic and evolving regulatory environment.
- A candidate with a background in financial transactions and digital asset regulations.
From the employer
Responsibilities
- Provide strategic legal advice for Anchorage Digital’s OTC principal trading entity.
- Guide spot, margin, derivatives, and API trading activities.
- Draft and review compliance manuals, policies, procedures, disclosures, and risk factors related to trading and lending activities.
- Review, draft, and negotiate trading, lending, and derivative contracts, including USDAs, Master Lending Agreements, Master Purchase and Sale Agreements, and Prime Brokerage agreements.
Requirements
- Highly organized with a bias for action and meticulous attention to detail.
- Understanding of regulatory frameworks for digital assets.
- Transactional experience in reviewing financial transaction agreements.
- Experience in a fast-paced startup or early-stage company.
- Active membership in the state bar.
Conditions
- Competitive salary range of $112K-$188K.
- Fully remote work environment.
- Opportunity to work with a diverse team in the evolving digital asset ecosystem.
Questions about this role
What is the remote work policy for this role?
This is a fully remote position, allowing the successful candidate to work from anywhere.
What is the seniority level for this position?
This is a senior-level position, indicating a need for experienced legal professionals.
What are the key skills required for this role?
Key requirements include an understanding of digital asset regulatory frameworks, transactional experience with financial agreements, and experience in a fast-paced startup environment, along with active state bar membership.
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