Legal Counsel, Wintermute
£100-150k
3+ days a week in office
Algorithmic trading firm in digital assets
Job no longer available
Algorithmic trading firm in digital assets
21-100 employees
Job no longer available
£100-150k
3+ days a week in office
21-100 employees
Company mission
To enable, empower and advance the truly decentralized world for more transparent, fair and efficient markets and products.
Role
Who you are
- We are looking for a junior lawyer to join our legal team
- The ideal candidate will have experience in traditional financial markets and can easily adapt to the entrepreneurial, varied and highly dynamic nature of our business
- Ambition to work on leading-edge challenges and opportunities specific to the cryptocurrency industry is a must, as is the ability to navigate regulatory uncertainty in global, interconnected markets
- 2-10 years of experience practicing law (qualified) at a top-tier law firm or as in-house counsel for a firm specialized in financial services, fintech and/or crypto
- Experience working in a high-performance, dynamic and high-growth environment is strongly preferred; self-motivation and drive is essential
- Strong grasp of commercial law in relation to financial services, e.g. ISDAs, financial services contracts, trading agreements and others (OTC, structured products, lending agreements etc.)
- In depth knowledge of regulations in relation to proprietary trading, financial services and crypto specifically those in the UK, Singapore, the USA and/or EU, general knowledge of regulations in other jurisdictions
- Experience/understanding of the crypto industry, i.e. types of tokens, token governance, DAOs, blockchain foundations and decentralized organizations is strongly preferred
- Experience with commercial litigation or dispute resolution is a plus
- Curiosity and interest to learn other areas of law and business quickly
- Proven ability to see the bigger picture and commercial strategy; quickly understand new functional areas and have a cross-functional mindset
- Strong interest and curiosity in algorithmic trading and decentralized finance
- Detail oriented, interested in delivering client-first solutions to legal and business problems
- Experience with MS Office, Google Suite, CRM (eg Hubspot or Salesforce), CLM (Ironclad and/or Spotdraft)
What the job involves
- The role covers all jurisdictions in which Wintermute primarily operates(UK, Singapore), as well as all products and all relevant areas of law with a focus on commercial and regulatory
- In this role you will work closely with the rest of the legal team as well as with the businesses directly: with traders, business development, product, operations
- You will also work on projects with the senior leadership team, such as COO, CEO
- Lead legal-commercial negotiations: draft and negotiate agreements in relation to our business lines (OTC, liquidity provision, derivatives documentation, trading agreements, software agreements, and others)
- Regulatory research & compliance guidance: work closely with the General Counsel and Deputy GC to monitor the legal and regulatory landscapes across jurisdictions; support financial regulatory compliance under each regulatory regime (FCA, MAS, SEC, CTFC, etc.); advise and support guidance on regulation of decentralized finance and protocols
- Corporate: support and manage the corporate structure and governance across multiple entities and jurisdictions
- Disputes and claims: assist the legal team and the business to resolve any commercial disputes efficiently while protecting the Company’s interests
- External counsel: Manage external counsel as required, e.g. employment law, counsel in relation to other jurisdictions, etc. Assist with managing legal spend and review legal bills
Salary benchmarks
Our take
Recent developments in mobile applications and financial tech have resulted in increased demand for digital assets such as cryptocurrencies, and this growing demand is putting pressure on traditional market makers. Ultimately, the increased scale and complexity of the new digital asset landscape has exposed inefficiencies in existing liquidity providers.
Wintermute uses an algorithmic approach to provide market-making services that facilitate digital asset liquidity with long-term scaling and efficiency in mind. The company currently provides its market-making services to over 50 centralized and decentralized trading platforms, including Binance, Coinbase, and Kraken.
The company has taken a unique approach towards market making by operating with the assumption that digital asset markets are only going to get bigger and more complex. By streamlining the market making process with algorithmic automation and thus optimizing efficiency, Wintermute presents itself as a future-proof solution for the rapidly scaling digital asset industry.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-6% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jan 2021
$20m
SERIES B
Jul 2020
$2.8m
SERIES A
Total funding: $24.8m
Company benefits
- A unique opportunity to work on very interesting projects, get the level of responsibility and ownership that would be unlikely at any other project or trading firm
- A unique opportunity to join one of the strongest and most successful DeFi teams globally
- With Wintermute you don’t make a bet on a single product, platform, chain or technology; we’ll win if DeFi wins as a whole
- Great company culture: informal, non-hierarchical, ambitious, highly professional yet collaborative and entrepreneurial
- Option to work from London or Singapore offices, as well as remotely; we generally prefer at least 60% working from the office but are open to remote candidates
- Aligned incentive structure: high upside from performance-based variable pay with very transparent bonus system
- We offer standard perks too, like pension, private health insurance and free food, but that’s probably not the right reason to join us
Company HQ
Westminster, London, UK
Leadership
Evgeny Gaevoy
(CEO)Holds an Executive MBA from London Business School. Joined Optiver as an Index Derivatives Trader, and was eventually made Head of ETF Business Expansion.
Share this job