Anchorage Digital is hiring a

Web3 Member of Legal, Bank and Regulatory Counsel

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. 

In the fast-paced world of crypto we must memorialize and protect our contracts, products and relationships in ways that stand the test of time. We need a sharp regulatory lawyer to assist the team with analyzing our core services and corresponding bank and regulatory requirements. In addition, we need someone with the intellect and curiosity to help us build consumer-critical aspects for new business lines.

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, Corporate & Commercial Counsel role.

Technical Skills:

• Serve as the company's internal expert on the CFPB and all related consumer financial laws and regulations. This critical role will be responsible for advising the business on regulatory changes, ensuring compliance with federal consumer finance statutes, leading the response to CFPB supervision and enforcement matters, state actions, and embedding best-in-class compliance management systems across the organization.

Complexity and Impact of Work:

• Advise on consumer impacts with respect to new products or services.
• Draft, implement, and periodically update company policies, procedures, and training programs to ensure proactive compliance with new or changing consumer protection laws.
• Develop and conduct tailored compliance training for key stakeholders, including marketing, customer service, and product teams.
• Manage and respond to inquiries, investigations, and enforcement actions from regulatory bodies and industry self-regulatory organizations.
• Conduct internal legal audits and risk assessments related to consumer-facing practices and develop corrective action plans.

Organizational Knowledge:

• Strong understanding of Anchorage Digital’s strategy to successfully lead contract development and projects while taking into consideration the goals of the team your are supporting
• As progress is made across different negotiations, making sure knowledge is shared across the appropriate teams
• Ability to prioritize work based on company’s goals and communicate the ‘why’ behind your work.

Communication and Influence:

• Build a close relationship with the sales, product, engineering, operations, compliance, and other teams to collaborate closely in developing new products, improving existing businesses, identify and resolve legal issues, structure complex agreements, and improve efficiency.
• Strong communication skills (internally and externally).
• Ability to be client facing while working with cross-functional team on multiple projects internally.

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

• J.D. degree with experience with corporate and consumer protection expertise expertise.
• 5+ years of experience practicing law, with at least 4+ years specializing in consumer protection and/or retail regulatory compliance.
• Deep, demonstrable knowledge of the FTC Act and state consumer protection laws and their application to crypto financial institutions.
• Exceptional analytical, legal research, and writing skills, with the ability to provide clear, concise, and business-focused legal advice
• Excellent communication, drafting, negotiation, and presentation skills.
• Demonstrated experience working closely with the business and other cross functional teams to build new products, solve complex issues, and strategize growth.
• Enthusiasm for crypto and a foundational understanding of the crypto industry and applicable laws/regulations both in the US and internationally.
• Demonstrated experience with close attention to detail and the ability to manage multiple projects.
• The ability to execute with moderate supervision and balance commercial and legal realities.
• Previous in-house legal experience at a regulated financial institution or exchange.

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. :)

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.