Counsel, Commercial; Institutional Legal

Overview

Ready to be pushed beyond what you think you’re capable of?

At Coinbase, our mission is to increase economic freedom in the world. It’s a massive, ambitious opportunity that demands the best of us, every day, as we build the emerging onchain platform — and with it, the future global financial system.

To achieve our mission, we’re seeking a very specific candidate. We want someone who is passionate about our mission and who believes in the power of crypto and blockchain technology to update the financial system. We want someone who is eager to leave their mark on the world, who relishes the pressure and privilege of working with high caliber colleagues, and who actively seeks feedback to keep leveling up.

We want someone who will run towards, not away from, solving the company’s hardest problems.

Our work culture is intense and isn’t for everyone. If you want to build the future alongside others who excel in their disciplines and expect the same from you, there’s no better place to be.

While many roles at Coinbase are remote-first, we are not remote-only. In-person participation is required throughout the year. Team and company-wide offsites are held multiple times annually to foster collaboration, connection, and alignment. Attendance is expected and fully supported.

The Counsel, Commercial (Institutional Legal) role will be based in the U.S. and work as part of the Institutional Legal team covering U.S. markets and professional trading clients including banks, brokers, hedge funds, market makers, corporates and other professional traders. The team consists of a small but highly experienced group of lawyers from a combination of traditional finance and fintech backgrounds.

The role reports to the head of the team and covers institutional products including prime brokerage, exchange, trading and custody, derivatives and financing products. We’re looking for a lawyer with solid product development, regulatory and negotiation skills preferably developed within the traditional prime brokerage, securities financing, and/or derivatives sectors. A sense of curiosity, flexibility and adventure combined with the desire to make an impact at the intersection of crypto and traditional global markets is essential.

What you’ll be doing (job duties):

• Negotiate first-of-a-kind, highly-tailored agreements with strategic partners and sophisticated counter parties in the finance, payments and digital currency space.
• Provide full product life-cycle counseling for a variety of global prime brokerage, custody and derivatives related products, and practical advice on associated legal issues and risks, complex agreement structures and company policies in a risk-tolerant, but compliance-oriented environment.
• Stay abreast of and advise on digital currency and blockchain technology legal and regulatory issues.
• Lead and assist with complex and global cross-functional efforts, driving and ensuring cross-functional alignment with other stakeholders (Institutional Sales, Business Development, Product/Engineering, Finance/Tax, Compliance).
• Effectively collaborate with those same cross-functional teams and legal colleagues to solve problems, build partnerships, and close deals quickly.
• Proactively solve problems for the business as they plan and execute on an aggressive global growth plan, develop scaled strategies for addressing risk in business-centric ways and build commercial processes that allow the business flexibility and freedom to move quickly.
• Look around corners and creatively solve problems for the business as they plan, build, and execute their transactional and product roadmap.
• Be a business partner, not just a lawyer.

• Licensed attorney with at least 5 years experience working in a financial services institution (e.g. bank, e-money issuer, payment service firm, broker dealer / asset manager) or in a law firm supporting such clients.
• Strong negotiation skills and ability to review and negotiate financial agreements (e.g. prime brokerage, lending and derivatives documentation).
• Strong history of commercial and transactional legal work.
• Interest in digital currency and blockchain…