Member of Legal, Brokerage (Senior Counsel, Trading)

Overview

This role involves serving as Senior Counsel for Trading within the legal team of a leading digital asset platform focused on institutional participation in crypto markets. The position provides strategic legal advice on trading products and features, including spot, margin, derivatives, and API trading activities. The role supports the OTC principal trading entity and advises on regulatory compliance related to money transmission, state lending, CFTC derivatives, and SEC securities laws.

Responsibilities

• Provide strategic legal counsel for trading solutions business lines, including spot, margin, derivatives, and prime brokerage activities.
• Draft, review, and negotiate a wide range of agreements such as ISDA, Master Lending Agreements, Master Purchase and Sale Agreements, prime brokerage agreements, collateral agreements, loan agreements, settlement terms, confirmations, disclosures, and risk factors.
• Develop and maintain compliance manuals, policies, procedures, disclosures, and risk factors related to trading and lending activities.
• Collaborate closely with business heads, legal colleagues, and compliance teams to grow the trading solutions business.
• Manage contract templates and partner with compliance to develop guidelines, policies, procedures, playbooks, and staff training.
• Lead medium-to-large projects and processes independently.
• Advise on market infrastructure including crypto trading venues, prime brokers, custodians, and payment rails.
• Communicate relevant legal issues effectively to internal stakeholders and cross-functional teams.
• Participate in client-facing meetings and support multiple internal projects.

Requirements

• Active membership in a state bar.
• Strong understanding of laws and regulations applicable to spot, margin, derivatives, platform trading, and prime brokerage for digital assets.
• Transactional experience reviewing and negotiating financial transaction agreements, including lending agreements, prime brokerage agreements, ISDA/CSA, and trade confirmations.
• Ability to apply traditional financial legal concepts to digital asset business models.
• Highly organized with meticulous attention to detail and ability to produce quality work in a fast-paced, high-volume environment.
• Experience working in a fast-paced startup or early-stage company; self-motivated with a positive attitude and willingness to take on diverse tasks.
• Strong communication skills, both internal and external.
• Ability to think creatively and propose commercial, pragmatic solutions.
• Understanding of regulatory frameworks relevant to digital asset business models.

Preferred Qualifications

• Experience with crypto trading venues, prime brokers, custodians, and payment rails.
• Familiarity with compliance manual development and staff training.

Compensation & Benefits

Compensation details are not specified in this listing.

Location

The organization has offices in multiple locations including San Francisco, New York, Porto (Portugal), Singapore, and Sioux Falls (South Dakota). Specific office location for this role is not specified.