Markets & Derivatives Senior Counsel

Galaxy; New York (NY); Hybrid; USD 200,000 - 250,000; Full time

Benefits offered by this job

Hybrid/Flexible Working Arrangements

Flexible Time Off (paid)

401(k) company contribution

Company-paid health benefits

Job summary

Galaxy in New York City is seeking a Senior Counsel to join their Legal team. The successful candidate will provide legal advice on ISDAs, prime brokerage agreements, and more, with at least 4 years of experience in a financial institution and over 6 years in transactional law. Excellent communication and organizational skills are essential. The position offers a competitive salary range of $200,000 - $250,000, flexible working arrangements, and benefits including health and retirement plans.

Qualifications

• Minimum of 4 years’ experience at a financial institution.
• 6+ years of transactional experience in financial agreements.
• Ability to apply legal concepts within the crypto space.

Responsibilities

• Act as a strategic legal advisor on ISDAs/CSAs and prime brokerage agreements.
• Negotiate documentation with hedge funds and institutional clients.
• Coordinate resources for negotiations with outside counsel.

Skills

Organizational skills

Attention to detail

Negotiation skills

Creative problem-solving

Written and oral communication

Collaborative team member

Education

Active membership in the NY state bar

Job description

Who We Are

Galaxy is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. We believe that blockchain and digital asset innovation will transform how value moves through the world – and we’re building the products and services to make that future a reality.

Our institutional digital assets platform spans trading, investment banking, asset management, staking, self‑custody, and tokenization technology. We also invest in and operate cutting‑edge data center infrastructure to power AI and high‑performance computing, addressing the growing demand for scalable energy and compute in the U.S.

We work at the intersection of finance and technology, helping institutions, startups, and developers navigate a digitally native economy. Led by CEO and Founder Michael Novogratz, our team blends deep crypto expertise with institutional experience and a shared commitment to shaping the future of Web3 and AI.

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

To learn more about our businesses and products, visit 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.

• Be Selective To Be Effective.
• Be Highly Aligned, Loosely Coupled.
• Disagree Transparently.
• Build Dream Teams.

Who You Are

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.

What You’ll Do

• 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.
• Assist 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.
• 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 (generative AI, automation platforms, data copilots) to improve productivity, decision‑making, and output quality in your day‑to‑day work.

What We’re Looking For

• 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.
• Active membership in the NY state bar.

Bonus Points

• 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.

What We Offer

• 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.
• 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.

Base Salary Range $200,000 - $250,000 USD

Galaxy respects diversity and seeks to provide equal employment opportunities to all employees and job applicants for employment without regard to actual or perceived age, race, color, creed, religion, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital or partnership or caregiver status, ancestry, national origin, citizenship status, disability, military or veteran status, protected medical condition as defined by applicable state or local law, genetic information or predisposing genetic characteristic, or other characteristic protected by applicable federal, state, or local laws and ordinances.

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 [e-mail].