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Markets & Derivatives Senior Counsel

Galaxy Digital
New York, NY$200k – $250k/yrPosted 132 days ago
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About the Company

Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure, growing the economy that runs on code. Galaxy delivers the onchain infrastructure that connects institutions to digital assets, including trading, advisory, asset management, staking, self-custody, and tokenization. Galaxy also develops and operates data center infrastructure to power AI and HPC workloads. Anchored by its Helios campus in Texas, Galaxy is building a multi-gigawatt pipeline of more than 5.7 GW of potential capacity, positioning it among the largest and fastest-growing data center developers in North America.

The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia.

Additional information about Galaxy's businesses and products is available on www.galaxy.com.

What We Value

We are a diverse team of free thinkers, and fast movers united to help investors and creators energize the global economy. We are looking for individuals who thrive in a culture of builders and overachievers and embrace high performance, transparent feedback, and a mission-first approach. Our culture shapes our way of working and gets us where we want to be.

  • Seek Excellence.
  • Be Selective To Be Effective.
  • Be Highly Aligned, Loosely Coupled.
  • Disagree Transparently.
  • Encourage Independent Decision-Making.
  • Build Dream Teams.

Candidate Profile & Mindset

As Senior Counsel, you will join an experienced and collaborative Legal team to work on market and derivative related transaction matters. You'll work alongside and report into our Head of Trading Legal and have the opportunity to work on a myriad of legal issues with room for growth beyond the current scope of the role. The ideal hire should have minimum of 4 years' experience at a financial institution with additional experience at a top-tier law firm.

Key Responsibilities

  • Act as a strategic legal advisor for Galaxy with respect to ISDAs/ CSAs, confirms, prime brokerage agreements, lending and vendor transactions;
  • Advisor on swap dealer related rules
  • Focus on negotiating documentation with hedge funds, crypto native firms, investment companies, individuals, miners and other institutional clients
  • Coordinate resources with respect to negotiations, including management of outside counsel engagement where appropriate;
  • Collaborate with other functional partners and businesses to ensure appropriate awareness and escalation of issues;
  • Assisting with implementing global regulatory and market changes affecting trading and documentation
  • Draft and negotiate non-disclosure agreements;
  • Manage workflow in a highly dynamic and demanding environment while remaining highly responsive, reliable, communicative, and accountable to team leadership and other members of Galaxy; and
  • Help with other special projects and such other activities as may be assigned.
  • Embrace and champion the thoughtful adoption of AI to improve team performance and business outcomes.
  • Leverage AI tools (e.g., generative AI, automation platforms, data copilots) to improve productivity, decision-making, and output quality in your day-to-day work.

Qualifications & Requirements

  • The ideal candidate will be highly organized, have meticulous attention to detail and a demonstrable ability to produce quality work product in a fast-paced, high-volume environment;
  • Ability to apply traditional financial legal concepts within the crypto space to address unique or ambiguous situations and to find solutions to problems that can be complex and uncommon
  • Over 6+ years of transactional experience reviewing various financial transaction agreements, primarily ISDA/CSAs, trade confirmations and prime brokerage agreements
  • Product knowledge and transactional or regulatory experience within the OTC derivatives and swap dealer businesses.
  • Experience traditional financial markets, preferable experience at a sell side bank supporting derivative desks
  • Ability to work well in fast-paced business and evolving legal environment and to manage multiple projects simultaneously;
  • Highly motivated, self-starter who takes initiative;
  • Positive attitude, and willingness to roll up sleeves (no job too big, no job too small);
  • Ability to think creatively and propose commercially pragmatic solutions;
  • Collaborative team member with a high level of professionalism and business judgment;
  • Excellent written and oral communication skills; and
  • Active membership in the NY state bar.

Preferred / Nice-to-Have Qualifications

  • Knowledge of the regulatory treatment of digital assets
  • Ability to negotiate, and document various technology agreements, procurement and vendor contracts, which includes agreements pertaining to software (on prem and SaaS/cloud), outsourcing, hardware, systems, facilities, and professional/consulting services; and various other vendor commercial agreements to support services integral to the Galaxy ecosystem
  • Minimum of 2+ years at a top tier law firm

Perks & Compensation

  • Competitive base salary and discretionary bonus
  • Hybrid/Flexible Working Arrangements
  • Flexible Time Off (paid)
  • 3% 401(k) company contribution
  • Company-paid health and protective benefits for employees, partners, and other dependents
  • Generous paid Parental Leave
  • Competitive family planning benefits for US employees
  • Opportunities to learn about the Crypto industry
  • Smart, entrepreneurial, and fun colleagues
  • Free daily snacks and weekly breakfasts/lunches
  • Employee Resource Groups
  • Free coaching and counseling sessions through Headspace The base salary ranges included below will be commensurate with candidate experience, expertise and local market. Final offer amounts are determined by multiple factors, including candidate experience and expertise. At Galaxy, we maintain a total compensation philosophy which consists of a competitive base salary, annual bonus, and equity incentives.

Base Salary Range $200,000 - $250,000 USD We will endeavor to make a reasonable accommodation to the known limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to complete the application process or to participate in an interview, please contact careers@galaxy.com.

About Galaxy Digital

Galaxy Digital, founded in 2018 in New York by Mike Novogratz, is a diversified crypto financial services firm spanning trading, asset management, investment banking and mining. Listed in Toronto (GLXY) with $10B+ AUM and a large OTC desk, Galaxy advised on major mining and protocol deals. New York-headquartered with hubs in London, Hong Kong and San Francisco, it bridges traditional finance and crypto. Expect markets rigor and cross-asset thinking. Galaxy Digital is a leading digital asset and blockchain financial services firm, offering institutional trading, asset management, investment banking, and Bitcoin mining. Galaxy Digital operates across digital asset asset management, principal investments, institutional trading, and Bitcoin infrastructure with full regulatory compliance.