Markets & Derivatives Senior Counsel

About the role

The Senior Counsel will join an experienced and collaborative Legal team to work on market and derivative related transaction matters. They will work alongside and report into our Head of Trading Legal and have the opportunity to work on a myriad of legal issues with room for growth beyond the current scope of the role.

Responsibilities

• Act as a strategic legal advisor for Galaxy with respect to ISDAs/CSAs, confirms, prime brokerage agreements, lending and vendor transactions;
• Advisor on swap dealer related rules
• Focus on negotiating documentation with hedge funds, crypto native firms, investment companies, individuals, miners and other institutional clients
• Collaborate with other functional partners and businesses to ensure appropriate awareness and escalation of issues;
• Assisting with implementing global regulatory and market changes affecting trading and documentation
• Draft and negotiate non-disclosure agreements;
• Manage workflow in a highly dynamic and demanding environment while remaining highly responsive, reliable, communicative, and accountable to team leadership and other members of Galaxy;
• Help with other special projects and such other activities as may be assigned.

Requirements

• Over 6+ years of transactional experience reviewing various financial transaction agreements, primarily ISDA/CSAs, trade confirmations and prime brokerage agreements
• Product knowledge and transactional or regulatory experience within the OTC derivatives and swap dealer businesses.
• Experience traditional financial markets, preferable experience at a sell side bank supporting derivative desks
• Ability to work well in fast-paced business and evolving legal environment and to manage multiple projects simultaneously;
• Highly motivated, self-starter who takes initiative;
• Positive attitude, and willingness to roll up sleeves (no job too big, no job too small);
• Ability to think creatively and propose commercially pragmatic solutions;
• Collaborative team member with a high level of professionalism and business judgment;
• Excellent written and oral communication skills;
• Active membership in the NY state bar.

Qualifications

• Minimum of 4 years’ experience at a financial institution with additional experience at a top-tier law firm

Skills

• Knowledge of the regulatory treatment of digital assets
• Ability to negotiate, and document various technology agreements, procurement and vendor contracts, which includes agreements pertaining to software (on prem and SaaS/cloud), outsourcing, hardware, systems, facilities, and professional/consulting services; and various other vendor commercial agreements to support services integral to the Galaxy ecosystem

Bonus Points

• Minimum of 2+ years at a top tier law firm

Benefits

• Competitive base salary and discretionary bonus
• Hybrid/Flexible Working Arrangements
• Flexible Time Off (paid)
• 3% 401(k) company contribution
• Company-paid health and protective benefits for employees, partners, and other dependents
• Generous paid Parental Leave
• Competitive family planning benefits for US employees
• Opportunities to learn about the Crypto industry
• Smart, entrepreneurial, and fun colleagues
• Free daily snacks and weekly breakfasts/lunches
• Employee Resource Groups
• Free coaching and counseling sessions through Headspace