Member of Legal, Senior Counsel, Trading

At Anchorage Digital, we are building the world’s most advanced digital asset platform for institutions to participate in crypto. Anchorage Digital is a crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, settlement, and the industry's leading security infrastructure. Home to Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, Porto by Anchorage Digital, and other offerings. The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn. With the evolving landscape of digital threats and an increasing volume of sophisticated attacks by malicious actors, we have a security policy mandating all new hires complete an in-person onboarding process - no exceptions. Security is our foundation and we prioritize physical identity verification and secure IT setup. While our security and IT logistics require physical presence to protect our infrastructure from sophisticated global threats, this move is equally about our Village culture. We believe that a laptop can be shipped, but our culture cannot. As Senior Counsel, Trading, you will be an integral member of the trading solutions business, providing strategic legal advice and helping build new products and features for the institutional market. In this role, you will serve as a strategic legal advisor for Anchorage Digital’s OTC principal trading entity, guiding its spot, margin, derivatives, and API trading activities. You will also act as the trusted expert on money transmission regulations, state lending rules, CFTC derivatives rules, and SEC securities laws. Additionally, you will draft and review compliance manuals, policies, procedures, disclosures, and risk factors related to trading and lending activities. You will also review, draft, and negotiate trading, lending, and derivative contracts, including USDAs, Master Lending Agreements, Master Purchase and Sale Agreements, and Prime Brokerage agreements. 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 Senior Counsel, Trading role: \n Technical Skills: Utilize a strong understanding of the laws and regulation applicable to spot, margin, derivatives, platform trading and prime brokerage for digital assets to drive informed decisions and products. Able to create, draft, negotiate a wide range of agreements, including digital asset trading agreements, prime brokerage agreements, collateral agreements, margin agreements, loan agreements, settlement terms, ISDAs, confirmations, master confirmations, disclosures, risk factors and more. Complexity and Impact of Work: Work closely with the Associate General Counsel for trading solutions, business heads and their teams to grow the trading solutions business. Develop and manage contract templates, partner with Compliance to develop guidelines, policies and procedures playbooks and staff training. Drive work independently while leading medium-to-large projects and processes. Organizational Knowledge: Advise the Trading Solutions business line using strong understanding of various market infrastructure, including direct knowledge on crypto trading venues, prime brokers, custodians, and payments rails. Convey relevant legal issues to internal stakeholders to ensure that knowledge is shared across the appropriate teams. Prioritize work based on company’s goals and communicate the ‘why’ behind your work. Communication and Influence: Build a close relationship with the trading solutions team, legal and compliance team to collaborate closely, resolve legal issues, structure complex agreements, and improve efficiency. Strong communication skills (internally and externally). Participate in client facing meetings while working with cross-functional team on multiple projects internally. You may be a fit for this role if you have: 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. You have an understanding of the regulatory frameworks, existing and proposed, that pertain to various digital assets business models. Ability to apply traditional financial legal concepts to the digital asset space to solution for institutional clients’ complex business needs. Transactional experience in reviewing various financial transaction agreements, primarily, lending agreements, prime brokerage agreements, ISDA/CSA and trade confirmations. Experience working in a face paced start up / early stage 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 the state bar. 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. :) \nAbout 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 600 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. Apply To This Job