Legal Counsel

21Shares; New York (NY); Hybrid; USD 200,000 - 220,000; Full time

Job summary

A financial technology firm in New York City is seeking a Legal Counsel (US Funds) to support their asset management business. The ideal candidate will have extensive experience in securities law and regulatory compliance. Responsibilities include advising on fund launches and compliance programs. This hybrid role offers a competitive salary of $200,000 - $220,000.

Qualifications

• Admitted to practice in the US.
• 2+ years of experience practicing law, particularly in financial services.
• Knowledge of key securities regulations is preferred.

Responsibilities

• Serve as product counsel on US asset management ventures.
• Advise on regulatory risks related to asset management.
• Guide on compliance programs and policy administration.

Skills

Securities law expertise

Investment funds knowledge

Regulatory compliance

Excellent interpersonal skills

Education

Juris Doctor (JD)

Job description

About 21Shares

21Shares makes investing in digital assets as easy as buying shares using your conventional broker or bank. Investors can purchase our crypto ETPs easily, safely, and securely in a regulated framework on the SIX Swiss Exchange in USD, Euros, and GBP, on BX Swiss in CHF, on Boerse Stuttgart in Euros, on DB Xetra as well as Wiener Boerse ( Vienna Exchange) in Euros. We offer the most expansive suite of crypto ETPs available on regulated European exchanges.

Founded in 2018, 21Shares is led by a team of talented entrepreneurs and experienced professionals from the asset management and banking industry. Headquartered in Zurich, the company has launched several exchange-traded products such as NEAR and ONDO in the last twelve months.

About the Role

21Shares US LLC is seeking a highly skilled and dynamic attorney to join our U.S. legal team as Legal Counsel (US Funds), reporting directly to our Senior Legal Counsel. This role will assist in advising our asset management business. The ideal candidate will have a strong background in securities law, investment funds, and regulatory compliance. Interest and experience in digital assets and blockchain technology are a plus.

Key Responsibilities

• Serving as product counsel on all US asset management ventures, including fund launches, strategic partnerships, new product development, and product listings.
• Advise multiple business teams on emerging regulatory risks and opportunities as it relates to our US asset management business.
• Advising on new product and fund launches in the US market, including 33 Act ETPs, 1940 Act ETFs, and other regulated investment structures.
• Provide guidance on an SEC and NFA compliance program, including maintaining and administering policies, procedures, and controls.
• Negotiating, drafting, and advising on commercial contracts, including service provider agreements, index licenses, custody agreements, administration agreements, advisory agreements, NDAs, distribution agreements, and vendor contracts.
• Managing external stakeholders, including external counsel and other key service providers.

Qualifications

• A commercially minded, passionate, and fully qualified attorney admitted to practice in the US.
• 2+ years of experience practicing law, including financial services laws.
• Familiar with performing multiple tasks in a fast-paced work environment.
• Knowledge of the Securities Act of 1933, Securities Exchange Act of 1934 and Investment Company Act of 1940 preferred.
• Excellent interpersonal skills and ability to collaborate with various internal and external stakeholders.
• In-house experience is preferred but not required for the role.
• Interest in digital assets and blockchain technology is a plus, though it is not required for the role.

This role is based in New York City and will be expected to work from our New York office in a hybrid model Monday - Wednesday.

Salary: The base salary range in New York City is $200,000 - $220,000. Total compensation packages are based on a wide array of factors unique to each candidate, including but not limited to skill set, years & depth of experience, certifications and specific office location. This may differ in other locations due to cost of labor considerations.