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Markets & Derivatives Legal Counsel

Posted Mar 26
Full Time
On Site
New York, New York

Who We Are:

At Galaxy we are building products and services to help the world invest in economic progress. We believe crypto and blockchain innovations will permeate and improve all aspects of our global economy. Our vision is a society where value and ownership flow as freely as information. Galaxy is a digital asset and blockchain leader helping institutions, startups, and individuals access and navigate the crypto economy. As one of the most well-capitalized and trusted companies in the industry, we provide platform solutions custom-made for a digitally native ecosystem across three complementary operating businesses: Global Markets, Asset Management, and Digital Infrastructure Solutions. Our offerings include, amongst others, trading, lending, strategic advisory services, institutional-grade investment solutions across passive, active and venture strategies, proprietary bitcoin mining and hosting services, network validator services, and the development of enterprise custodial technology. Galaxy’s CEO and Founder Michael Novogratz leads a team of crypto enthusiasts, and institutional veterans focused on the future of finance and Web3. The Company is headquartered in New York City, with global across North America, Europe and Asia.

Additional information about the Company's businesses and products is available on www.galaxy.com.

 

What We Value:

We are a diverse team of free thinkers, and fast movers united to help investors and creators energize the global economy. We are looking for individuals who thrive in a culture of builders and overachievers and embrace high performance, transparent feedback, and a mission-first approach. Our culture shapes our way of working and gets us where we want to be.

  • Seek Excellence.
  • Be Selective To Be Effective.
  • Be Highly Aligned, Loosely Coupled.
  • Disagree Transparently.
  • Encourage Independent Decision-Making.
  • Build Dream Teams.

 

Who You Are

As Markets and Derivatives Counsel, you will join an experienced and collaborative Legal team to work on market and derivative related transaction matters. You’ll work alongside and report into our Director, Corporate Counsel and have the opportunity to work on a myriad of legal issues with room for growth beyond the current scope of the role. The ideal hire should have minimum of 10 years’ experience at a large sell side bank with additional experience at a top-tier law firm. 


What You’ll Do

  • 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
  • Coordinate resources with respect to negotiations, including management of outside counsel engagement where appropriate;
  • 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; and
  • Help with other special projects and such other activities as may be assigned.

 

What We’re Looking For

  • The ideal candidate will be highly organized, have meticulous attention to detail and a demonstrable ability to produce quality work product in a fast-paced, high-volume environment;
  • Ability to apply traditional financial legal concepts within the crypto space to address unique or ambiguous situations and to find solutions to problems that can be complex and uncommon
  • 5 to 10 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; and
  • Active membership in the NY state bar.

 

Bonus Points

  • 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
  • Minimum of 2-3 years at a top tier law firm

 

What We Offer

  • Competitive base salary, bonus, and equity compensation
  • 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
  • Free virtual coaching and counseling sessions through Ginger
  • Opportunities to learn about the Crypto industry
  • Free daily snacks in-office
  • Smart, entrepreneurial, and fun colleagues
  • Employee Resource Groups
  • Benefits may vary depending on location.

Apply now and join us on our mission to engineer a new economic paradigm.

The base salary ranges included below will be commensurate with candidate experience, expertise and local market. Final offer amounts are determined by multiple factors, including candidate experience and expertise. At Galaxy, we maintain a total compensation philosophy which consists of a competitive base salary, annual bonus, and equity incentives.

The base salary ranges included below will be commensurate with candidate experience, expertise and local market. Final offer amounts are determined by multiple factors, including candidate experience and expertise. At Galaxy, we maintain a total compensation philosophy which consists of a competitive base salary, annual bonus, and equity incentives.

Base Salary Range
 
$200,000$250,000 USD

Galaxy respects diversity and seeks to provide equal employment opportunities to all employees and job applicants for employment without regard to actual or perceived age, race, color, creed, religion, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital or partnership or caregiver status, ancestry, national origin, citizenship status, disability, military or veteran status, protected medical condition as defined by applicable state or local law, genetic information or predisposing genetic characteristic, or other characteristic protected by applicable federal, state, or local laws and ordinances.

We will endeavor to make a reasonable accommodation to the known limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to complete the application process or to participate in an interview, please contact careers@galaxy.com.