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Kraken Digital Asset Exchange

We put the power in your hands to buy, sell, and trade digital currency 🌏

Senior Counsel – Commercial

General CounselGeneral CounselFull TimeRemoteSeniorTeam 1,001-5,000Since 2011H1B No SponsorCompany SiteLinkedIn

Location

United States

Posted

56 days ago

Salary

$146.4K - $292.8K / year

Seniority

Senior

Postgraduate Degree8 yrs expEnglish

Job Description

• Lead the negotiation, drafting, and ongoing management of prime brokerage (trading and custody) agreements, ISDA Master Agreements, Credit Support Annexes, and related documentation with banks and other institutional counterparties. • Help scale Kraken’s commercial lending business by standardizing documentation and driving efficient, risk-appropriate negotiations of loan agreements, term sheets, and security documentation. • Partner closely with Treasury, Finance, and OTC teams on day-to-day derivatives trading, cash management, FX, and liquidity facilities. • Structure, draft, and negotiate complex commercial agreements with key institutional and high-net-worth partners and clients. • Lead the negotiation of financing and other balance-sheet-impacting documentation in close collaboration with Finance and Treasury. • Act as a trusted advisor to internal stakeholders, translating complex legal terms into clear business implications and actionable guidance. • Build and continuously improve commercial legal processes that balance speed, flexibility, and risk management.

Job Requirements

  • Admission to practice law in any State in the United States
  • 8+ years of relevant experience negotiating prime brokerage, OTC, derivatives, and other financial services and financial product transactions
  • Demonstrated comfort negotiating across from sophisticated institutional counterparties, including banks and large asset managers.
  • Significant experience drafting, revising, and negotiating complex institutional commercial contracts, such as loan and ISDA documentation, commercial partnership agreements, prime brokerage documentation, and other treasury/financing contracts.
  • Solid understanding of secured financing, collateral management, and derivatives products.
  • Demonstrated knowledge of and passion for cryptocurrency and digital markets.
  • A proactive, entrepreneurial mindset.
  • An opportunity-making attitude, using the law to increase the company’s optionality, not decrease it.

Benefits

  • Offers Equity
  • Offers Bonus

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