Associate Counsel, Clear Street
$180-225k
+ Equity
4+ days a week in office
Modern infrastructure for capital markets
Posted today
Modern infrastructure for capital markets
201-500 employees
Posted today
$180-225k
+ Equity
4+ days a week in office
201-500 employees
Company mission
To rebuild the infrastructure that supports the capital markets, bringing them into the future.
Role
Who you are
- We are looking for an individual who is smart and able to immerse themselves into an unknown area and quickly get up to speed through various channels, including by drawing upon their previous experiences
- Looking beyond the details, we are looking for a candidate who has strong corporate experience and who is willing and able to broaden their skillsets
- At least three (3) years of corporate legal experience either for a law firm and/or within an in-house legal department
- J.D. degree from an accredited law school
- Extensive experience with venture capital, private equity transactions, securities laws and/or mergers and acquisitions
- Experience working with a company’s cap table (whether maintaining a cap table or reviewing a cap table in the context of a deal)
- Excellent collaboration skills working with other team members - e.g., legal team, outside counsel, other departments within the company as well as the C-suite
- Ability to control a high volume and complex workload by prioritizing workflow and managing multiple schedules; ability to meet deadlines and work effectively in a fast-paced environment with multiple demands
- A self-starter with the ability to work collaboratively and develop strong relationships with clients, outside counsel, and employees
- Keen attention to detail and strong proofreading and organizational skills
- Excellent interpersonal and communication (oral and written) skills
- Solid computer skills, including proficiency in GSuite, Word, Excel, and PowerPoint; willingness to adapt to, and master, changing technology
What the job involves
- We are looking for a Corporate Attorney to join the Clear Street Legal team
- As part of this team, you will support the Chief Legal Officer as the firm grows and moves into new locations, businesses and opportunities
- The scope of the role is wide and the ideal person will have strong corporate experience (e.g. , understands corporate structures and capitalization tables) with a willingness to learn and solve practical problems
- We are a relatively small team so there will be opportunities to be a part of other work streams
- Draft, review and negotiate legal documents
- Partner with the Chief Legal Officer to provide legal advice and support across different corporate strategies, including acquisitions, entry into new markets and the firm’s transactions with investors
- Regularly updating the cap table to reflect changes in ownership and related consideration of consents and notices required for changes to cap table
- Advising the Board of Directors on matters related to corporate governance practices
- Analysis of applicable securities laws and regulations
- Overseeing the entire process of establishing a new legal entity and ultimately ensuring the new entity is legally sound and aligned with the company's business objectives
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 is now gearing up for a period of rapid expansion, both geographically and across the financial services industry. Securing funding in 2023 from Prysm Capital, the company has money to play with as it continues to pursue better infrastructure for capital markets.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
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 values
- It's all about the people: At Clear Street, our top priority is our people. We are continuously investing in a culture that promotes collaboration. We help each other through challenges, and celebrate each other's successes.
- Our workplace philosophy: We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse — in ideas, in cultures, and in experiences. At Clear Street, we put in the effort to make such a workplace a daily reality.
Company HQ
World Trade Center, New York, NY
Articles
Leadership
Chris Pento
(CEO)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
(CTO)Former Pearl Rothman Software Engineer who has founded two previous FinTech companies - Tolo Technologies, and QED Trading.
Uriel Cohen
(Executive Chairman)Trader, investor, and founder of proprietary trading firm Highland Capital Group. Co-founded proprietary investment firm Alpine Global Management in 2012.
People progressing
Joined as an Executive Assistant. Since then, Tori has been promoted thrice, first to People and Culture Coordinator, and then to Communications Associate before becoming a Senior Marketing Associate.
Salary benchmarks
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