Lead Counsel, Trading (Associate General 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 only 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. 

We are looking for a Lead Counsel, (Associate General Counsel, Trading) to help build out and manage new trading products and services for our institutional clients in the U.S. and globally. This person will advise and support the digital asset brokerage lines of business, from our agency and proprietary OTC desks to our Registered Investment Advisor business and more. They will be a true business partner, helping to identify and solve problems and design new products and processes to best serve our clients. They will also interface frequently with our wide range of institutional clients and counterparties, gaining exposure to both the traditional financial and crypto-native ecosystem. This is a mission-critical position partnering with one of the fastest-growing and innovative parts of our organization. Your role will be integral to ensuring we build compliant and scalable operations.

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, Trading Solutions role:

Technical Skills:

• Structure and support the trading business line from a legal perspective.
• Analyze complex regulatory frameworks and communicate findings clearly.
• Design and manage policies and procedures that will help us grow the business responsibly.
• Engage with multiple business lines in a fast-paced environment.

Complexity and Impact of Work:

• Shepherd certain affiliates through various brokerage regulatory approvals.
• Analogize precedential and historical regulations and guidance to new and innovative products and structures.
• Interact directly with clients and counterparties to negotiate and execute a variety of legal agreements.

Organizational Knowledge:

• Execute with moderate supervision and balance commercial and legal entities.
• Build a team as we grow.
• Navigate an ever-changing regulatory landscape to build policies and procedures with the trading solution team.

Communication and Influence

• Help advise company leadership on existing and emerging legal issues, with particular focus on brokerage and trading issues.
• Work closely with compliance team on policy updates/management of policies and procedures.

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

• A J.D. degree and 7+ years of experience
• Demonstrated experience advising clients on commodities or securities transactions and applying the laws relating to trading, clearing, margining, and reporting requirements for securities and commodities products
• A background in drafting and negotiating security and/or commodity trading and clearing agreements, preferably including ISDA, and other structured product agreements
• Strong knowledge of federal securities and/or commodities trading regulation, including experience with SEC, FINRA, CFTC and NFA regulatory structures
• FINRA and securities trading legal experience
• Close attention to detail and the ability to manage multiple projects
• Enthusiasm for crypto, an understanding of the space, and are ready to adapt traditional laws to this new asset class
• Some combonation of the following: conscientious, adaptable, collaborative, creative, curious, and humble

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.