Director Legal Counsel - Digital Assets

Charles Schwab; Westlake (TX); On-site; USD 180,000 - 240,000; Full time

Job summary

Charles Schwab is seeking a Director, Legal Counsel—Digital Assets Initiatives to support strategic initiatives, regulatory compliance, and agreements for digital assets platforms. The role focuses on broker‑dealer and banking platforms, with experience in securities or banking law and familiarity with crypto or digital assets preferred.

The position reports to the Managing Director of the Digital Assets legal team and requires on‑site work in Westlake, TX, four days a week, with bonus/incentive

Qualifications

• Juris Doctor (JD) from an accredited law school and active membership in a state bar.
• 4-7 years legal experience at a law firm with banking and/or securities law related to intermediaries such as broker‑dealers and investment advisers.
• Experience with crypto, blockchain, or digital assets is preferred but not required.
• Excellent oral and written communications skills.
• Ability to work on multiple projects, prioritize activities, and meet deadlines with strong organizational skills.
• Self‑motivated professional with excellent people skills and ability to work independently.
• Applicants must be authorized to work in the United States on a full‑time basis without employer sponsorship.

Responsibilities

• Provide legal advice related to strategic and growth initiatives involving digital assets.
• Draft customer agreements and disclosures related to new products.
• Draft and negotiate intermediary agreements with third party providers and issuers.
• Provide legal guidance on marketing, disclosures, policies and procedures.
• Monitor regulatory developments applicable to digital assets and advise leadership and the business on impact.
• Collaborate with digital asset, strategy, operations, compliance and legal teams to ensure alignment within regulatory frameworks.

Skills

Oral communication

Written communication

Multitasking

Independent work

Prioritization

Education

Juris Doctor (JD) and active state bar

Job description

Your opportunity

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.

We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location(s). This role is expected to work in the office 4 days a week.

The Trading and Markets Operations (TMO) Digital Assets legal team is responsible for providing legal support to Charles Schwab & Co., Inc.’s and its affiliates’ digital assets products and platforms, including spot crypto custody and trading and others in development.

This position will report to the Managing Director of the Digital Assets legal team.

As a Director, Legal Counsel- Digital Assets Initiatives, you will primarily be responsible for legal support of the platforms on which digital assets products are made available to the customers of Charles Schwab & Co. and its affiliates, although the position will take on additional responsibilities related to other product platforms from time to time.

Support will include strategic initiatives, regulatory compliance, and negotiating agreements with product issuers or advisers. The ideal candidate will have experience in support of both broker‑dealer and banking platforms and issues specific to digital assets. Candidate should have familiarity with the federal securities laws and/or banking laws.

What you have

Required Qualifications:

• Juris Doctor (JD) from an accredited law school and active membership in a state bar.
• 4-7 years legal experience at a law firm with banking law and/or securities law related to intermediaries such as broker‑dealers and investment advisers.
• Experience with crypto, blockchain, or digital assets desired but not required.
• Excellent oral and written communications skills.
• Ability to work on multiple projects, prioritize activities, and meet deadlines with strong organizational skills.
• Must be a self‑motivated professional with excellent people skills and able to work independently.
• Applicants must be currently authorized to work in the United States on a full‑time basis without employer sponsorship.

What you'll do:

• Provide legal advice related to strategic and growth initiatives involving digital assets.
• Draft customer agreements and disclosures related to new products.
• Draft and negotiate intermediary agreements with third party alternative investment providers and issuers.
• Provide legal guidance on related marketing or disclosures, and policies and procedures.
• Monitor regulatory developments applicable to digital assets and advise senior leadership and the business on the impact.
• Build and maintain strong partnerships with the digital asset business, strategy, and operations teams and compliance and legal colleagues to ensure clear alignment and priorities within the appropriate legal and regulatory framework.

In addition to the salary range, this role is also eligible for bonus or other incentive opportunities.

What’s in it for you

At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you – both today and in the future:

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28‑day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance