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Member of Legal, Bank (Senior Counsel, Bank Regulatory)

Anchorage Digital
United States, United StatesRemotefull_timeVerifiedPosted 16 Sept 2024

About the role

At Anchorage Digital, we are building the world’s most advanced digital asset platform for institutions to participate in crypto.
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.
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. 
We are seeking an attorney to manage all legal and regulatory affairs of Anchorage Digital Bank, including its affairs  with affiliate entities. Through legal research, keeping abreast of regulatory and policy developments, and your own regulatory analysis and interpretation, you will use your background in bank regulatory law and passion for the digital assets industry to help us better serve our institutional clients and advance the industry.
As a Member of Legal, Bank (Senior Counsel, Bank Regulatory), you will be an integral member of the legal team, providing strategic, actionable advice to internal stakeholders. You will identify relevant laws and regulations and advise on regulatory risk in the areas of banking law and nascent regulatory issues related to digital assets.
We have created the following Factors of Growth & Impact to help the Senior Counsel, Bank Regulatory  better measure impact and articulate the coaching, feedback, and rich and rewarding learning that we will take place while the Bank Regulatory Counsel explores, develops, and masters the capabilities and contributions of the  role:

Technical Skills:

  • Drive informed regulatory decision-making with comprehensive legal research and analysis of relevant areas of law, including those related to banking and financial services and digital assets.
  • Contribute to building a repository of legal research and memoranda of law that can be referenced and used to inform legal and regulatory decision making processes for the legal team, business, and other stakeholders.
  • Ensure that the bank is complying with the terms of its charter and operating agreement and managing its affairs with affiliate entities.
  • Working knowledge of the laws, regulations, and guidance applicable to national banks including the National Bank Act, 12 C.F.R. 9, and Reg. W.
  • Work with the Assistant Corporate Secretary to manage the corporate governance of the Bank.

Complexity and Impact of Work:

  • Assist the legal team in identifying key areas for further regulatory analysis and providing feedback to the business regarding key legal and regulatory questions.
  • Drive work independently while keeping track of progress related to medium-to-large projects and processes.

Organizational Knowledge:

  • Collaborate with internal stakeholders to understand business needs and identify key legal and regulatory questions requiring further research and understanding to advance the business.
  • Help convey relevant legal issues to internal stakeholders to ensure that knowledge is shared across the appropriate teams.

Communication and Influence:

  • Develop clear communication lines and work closely with the legal  and business teams to provide relevant regulatory background and analysis.
  • Contribute to internal decision making discussions around legal and regulatory questions that arise from within the legal team and the business’s product development efforts.

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

  • 4+ years of law firm or in-house experience counseling banking or financial services clients.
  • Highly organized with a bias for action, meticulous attention to detail and ability to produce quality work in a fast paced, high volume work environment.
  • Understanding of the regulatory frameworks, existing and proposed, that pertain to banks.
  • Ability to analyze areas of law, quickly and comprehensively understand the applicable laws, regulations, and guidance (including finding the most current and applicable versions of those laws and regulations), and synthesize research into concise reports or memoranda.
  • Ability to apply traditional financial legal concepts to the digital asset space to solution for institutional clients’ complex business needs.
  • Experience working in a face paced company - highly motivated,

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Company

Anchorage Digital

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