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Counsel/Sr. Counsel, Institutional and Prime Services

BitGo logo

Location
United States
Base Salary
200k-215k USD
BitGo

Job Description

BitGo is the leader in digital asset financial services, providing institutional investors with liquidity, custody, and security solutions. Founded in 2013, BitGo pioneered the multi-signature wallet and is the first digital asset company to focus exclusively on serving institutional clients. Active in both centralized and decentralized finance, BitGo offers market leading trading, lending, and borrowing services through its prime brokerage services and acts as the custodian for WBTC, the leading global stablecoin for Bitcoin. In 2020, BitGo launched BitGo Portfolio and Tax, providing clients with a full-stack solution for digital assets. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo processes approximately 20% of all global Bitcoin transactions, and supports over 600 coins and tokens. BitGo provides the security and operational backbone for more than 1500 institutional clients in 50 countries, including many regulated entities and the world’s top cryptocurrency exchanges and platforms. BitGo is backed by Goldman Sachs, Craft Ventures, Digital Currency Group, DRW, Galaxy Digital Ventures, Redpoint Ventures, and Valor Equity Partners.

You would own responsibilities that may include:

  • Draft and negotiate a wide range of prime brokerage, trading, and commercial contracts, including master lending agreements, account control agreements, external client agreements, and more.
  • Working closely with cross-functional teams to facilitate building, delivery, and marketing of new products.
  • Supporting international expansion of custody, trading, settlement and related businesses.
  • Managing legal and regulatory risks in a thoughtful and commercially practicable manner.
  • Escalating issues to senior team members as appropriate.
  • Pitching in whenever and wherever needed, even when not directly related to responsibilities described above.

Your experience and skill set will cover many of the following:

  • 4-6+ years of related law firm and/or in-house legal experience at a financial services or crypto company, ideally involving customer-facing sales, trading and/or custody. Must have at least 2 years of experience advising or negotiating against institutional clients at a large law firm or bulge bracket bank.
  • Strong understanding of the laws and regulation applicable to (i) transaction settlement, clearing, and securities lending, (ii) securities and derivatives regulation, and (iii) regulations relating to extensions of credit such as Regs T, X and U.
  • Ability to balance multiple tasks in accordance with changing deadlines and priorities in a fast-paced environment.
  • Ability to assess and balance legal risks against business interests.
  • Interest in blockchain and digital assets.
  • Flexible, “can-do” attitude and willingness to learn
  • While we are open to fully remote candidates, preference for candidates within the San Francisco, New York City, and Sioux Falls markets.

Why Join BitGo?

Disrupting an industry takes vision, innovation, passion, technical chops, drive to deliver, collaboration, and execution. Join a team of great people who strive for excellence and personify our corporate values of ownership, craftsmanship, and open communication. We are looking for new colleagues who bring innovative ways of thinking and problem solving, and who want risks to be part of the team that changes the world’s financial markets.

Here are some of the benefits* of working at BitGo:

  • Competitive base salary, bonus and stock options
  • 100% company paid health insurance for employee, partner and dependents
  • Up to 4% 401k company match
  • Paid parental leave, Paid vacation
  • Free custom lunches, dinners and snacks
  • Computer equipment and workplace furniture to suit your needs
  • Great colleagues and inspiring startup environment
  • *Benefits may vary based on location

Pay Transparency Notice: Depending upon your leveling and location, the compensation for this role averages between $200,000- $215,000 USD base salary. Equity, an annual performance bonus and the benefits outlined above are also a part of this role's package.

Advice from our career coach

A successful applicant for this legal role at BitGo should have a strong background in law firm or in-house legal work within the financial services or crypto industry. Here are some tips to stand out:

  • Highlight 4-6+ years of related legal experience, with at least 2 years negotiating with institutional clients.
  • Show a deep understanding of transaction settlement, securities regulation, and credit extension laws.
  • Demonstrate the ability to manage multiple tasks in a fast-paced environment.
  • Express interest in blockchain and digital assets to align with the company's focus.
  • Show a flexible, proactive attitude and willingness to learn.
  • If remote, emphasize your ability to work effectively without direct supervision.

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About the job

Apr 28, 2024

Full-time

200k-215k USD

  1. US United States
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