Paralegal, Clear Street
Sales and Trading
$120-150k
+ Bonuses + Equity
4+ days a week in office
Modern infrastructure for capital markets
Open for applications
Modern infrastructure for capital markets
501-1000 employees
Open for applications
$120-150k
+ Bonuses + Equity
4+ days a week in office
501-1000 employees
Company mission
To rebuild the infrastructure that supports the capital markets, bringing them into the future.
Role
Who you are
- A self-starter with the ability to work collaboratively and develop strong relationships with clients, outside counsel, and employees
- Excellent computer skills, including proficiency in GSuite, Word, Excel, and PowerPoint; willingness to adapt to, and master, changing technology. Familiarity with contract lifecycle management (CLM) tools (e.g., LinkSquares, Ironclad)
What the job involves
- Review contracts (including NDAs), documents, and certifications sent to clients/counterparties with guidance from attorneys
- Provide administrative support to attorneys - drafting, editing, and preparing for execution equity and fixed-income prime brokerage agreements, custody and clearing agreements, fully-disclosed and omnibus clearing agreements, ISDAs, MRAs/GMRAs, MSLAs/GMSLAs, and master netting agreements
- Support all aspects of the legal department’s contract management activities, which include contract review and approval, signatures, repository file management, and responding to internal requests related to executed contracts
- Provide research on legal or compliance requirements from time to time
- Assist with the formation, maintenance, and dissolution of corporations, limited liability companies, limited partnerships, and other types of business entities
- Review and draft corporate documents, including corporate resolutions/actions and meeting minutes
- Interface with corporate service providers regarding statutory registered agent services
- Perform other paralegal functions as assigned, including assisting the legal department on ad hoc projects
Our take
Clear Street is building up-to-date, cloud native infrastructure for capital markets, bringing clients faster and easier access to things like reporting, clearing, custody and execution.
It’s been quite a rise to prominence for the New York based startup, which surpassed a billion dollar valuation in 2022 despite only launching in 2018. However, given the previous industry experience of its founders, Clear Street's success should come as no surprise. The trio built the platform as a remedy to their own pain points, missed opportunities, and lack of access to key data in the prime brokerage space.
With its Unicorn status secured and its list of clients growing, Clear Street has been experiencing a period of rapid expansion, both geographically and across the financial services industry. It is also well-funded, which allows it to continue to pursue better infrastructure for capital markets into the future.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
11% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Apr 2023
$270m
SERIES B
May 2022
$165m
SERIES B
Total funding: $470m
Company benefits
- 401k matching
- Full medical, dental and vision insurance
- Generous vacation time
- Opportunities for professional development
- In-office benefits include lunch stipends, fully stocked kitchens, happy hours, and amazing office views
Company HQ
World Trade Center, New York, NY
Leadership
Chris Pento
(Board Member & Co-founder)Financial services & investment veteran with over 30 years in the sector. Worked in Senior Management & Executive roles at Merrill Lynch, Knight Capital, Arxis Capital, Exos Financial, and Engineers Gate LP, before co-founding Clear Street in 2018.
Sachin Kumar
(Board Observer & Co-founder)Former Pearl Rothman Software Engineer who has founded two previous FinTech companies - Tolo Technologies, and QED Trading.
Uriel Cohen
(Chair & Co-founder)Trader, investor, and founder of proprietary trading firm Highland Capital Group. Co-founded proprietary investment firm Alpine Global Management in 2012.
Ed Tilly
(CEO)Was Chair and CEO at Cboe Global Markets for 11 years, and prior to that a Market Maker at Fossett Corporation.
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