Member of Legal, Settlements Counsel

Anchorage Digital

Anchorage Digital

Legal
United States
Posted on Tuesday, March 19, 2024
At Anchorage Digital, we are building the world’s most advanced digital asset platform for institutions to participate in crypto.
Founded in 2017, Anchorage Digital is a regulated crypto platform that provides institutions with integrated financial services and infrastructure solutions. With the first federally chartered crypto bank in the US, Anchorage Digital offers institutions an unparalleled combination of secure custody, regulatory compliance, product breadth, and client service. We’re looking to diversify our team with people who are humble, creative, and eager to learn.
We are a remote friendly, global team, but provide the option of working in-office in New York City, Sioux Falls, Porto, Lisbon, and Singapore. For our colleagues not located near our beautiful offices, we encourage and sponsor quarterly in-person collaboration days to work together and further deepen our Village.
In the fast-paced world of crypto we must memorialize our relationships in ways that stand the test of time while navigating a complex legal and regulatory landscape. We need someone with the intellect, energy, and curiosity to help us build new business lines in a first-of-its kind institution. As well, need a sharp legal negotiator to assist with the documentation of our core services - all missions critical to our operations.
This position will provide legal support to help build, develop, and launch practical solutions to complex legal challenges in the fast-growing area of institutional settlements across a wide range of client types and transaction scenarios. We are looking for a solution-oriented Legal Counsel able to partner with the business and technical teams on Atlas Settlement Network product development and services enablement. A successful candidate will have a proven track record in traditional institutional banking, including custody, settlements, clearing, collateral management, and securities lending.
We have created the Factors of Growth & Impact to help Villagers better measure impact and articulate coaching, feedback, and the rich and rewarding learning that happens while exploring, developing, and mastering the capabilities and contributions within and outside of the Member of Legal, Settlements Counsel role:

Technical Skills:

  • Advise on related products and offer practical solutions incorporating the laws and regulation applicable to transaction settlement, clearing, and securities lending.
  • Draft and negotiate a wide range of commercial, custody, and brokerage/trading contracts, including master services agreements, partnership agreements, intercompany agreements, external client agreements and more - our business and products are always evolving.

Complexity and Impact of Work:

  • Work closely with the Associate General Counsel, business heads and their teams to develop the legal structure for institutional settlements across a wide range of client types and transaction scenarios.
  • Develop and manage contract templates, partner with Operations and Compliance to develop guidelines, playbooks and staff training.
  • Drive work independently while leading medium-to-large projects and processes.

Organizational Knowledge:

  • Strong understanding of Anchorage Digital’s strategy to successfully build and offer novel settlement processes related to digital assets.
  • Able to convey relevant legal issues to internal stakeholders to ensure that knowledge is shared across the appropriate teams.
  • Able to prioritize work based on company’s goals and communicate the ‘why’ behind your work.

Communication and Influence:

  • Build a close relationship with the sales, product, engineering, operations, and other teams to collaborate closely in developing new products, improving existing businesses, identify and resolve legal issues, structure complex agreements, and improve efficiency.
  • Strong communication skills (internally and externally).
  • Ability to be client facing while working with cross-functional team on multiple projects internally.

You may be a fit for the role if you have:

  • J.D. degree with experience with traditional institutional banking including custody, settlements, clearing, and securities lending.
  • Demonstrated experience working closely with the business and other cross functional teams to build new products, solve complex legal issues, and strategize growth.
  • Background in drafting and negotiating a wide range of brokerage or other trading-related agreements, and are comfortable interacting with highly-sophisticated institutional clients and counterparties.
  • Enthusiasm or curiosity for crypto and a foundational understanding of the crypto industry and applicable laws/regulations both in the US and internationally.
  • Demonstrated experience with attention to detail and the ability to manage multiple projects.
  • The ability to execute with moderate supervision and balance commercial and legal realities.

Although not a requirement, bonus points if:

  • You were emotionally moved by the soundtrack to Hamilton, which chronicles the founding of a new financial system. :)
About Anchorage Digital: Who we are
The Anchorage Village, what we call our team, brings together the brightest minds from platform security, financial services, and distributed ledger technology to provide the building blocks that empower institutions to safely participate in the evolving digital asset ecosystem. As a diverse team of more than 300 members, we are united in one common goal: building the future of finance by providing the foundation upon which value moves safely in the new global economy.
Anchorage Digital is committed to being a welcoming and inclusive workplace for everyone, and we are intentional about making sure people feel respected, supported, and connected at work—regardless of who you are or where you come from. We value and celebrate our differences and we believe being open about who we are allows us to do the best work of our lives.
Anchorage Digital is an Equal Opportunity Employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. Anchorage Digital considers qualified applicants regardless of criminal histories, consistent with other legal requirements. “Anchorage Digital” refers to services that are offered either through Anchorage Digital Bank National Association, an OCC-chartered national trust bank, or Anchorage Lending CA, LLC a finance lender licensed by the California Department of Financial Protection and Innovation, License No. 60DBO-11976, or Anchorage Digital Singapore Pte Ltd, a Singapore private limited company, all wholly-owned subsidiaries of Anchor Labs, Inc., a Delaware corporation.
Protecting your privacy rights is important to Anchorage Digital, and we work to maintain the trust and confidence of our clients when handling personal or financial information. Please see our privacy policy notices here.