BitGo is the leader in digital asset financial services, providing institutional investors with liquidity, custody, and security solutions. Founded in 2013, BitGo pioneered the multi-signature wallet and is the first digital asset company to focus exclusively on serving institutional clients. Active in both centralized and decentralized finance, BitGo offers market leading trading, lending, and borrowing services through its prime brokerage services and acts as the custodian for WBTC, the leading global stablecoin for Bitcoin. In 2020, BitGo launched BitGo Portfolio and Tax, providing clients with a full-stack solution for digital assets. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo processes approximately 20% of all global Bitcoin transactions, and supports over 600 coins and tokens. BitGo provides the security and operational backbone for more than 1500 institutional clients in 50 countries, including many regulated entities and the world’s top cryptocurrency exchanges and platforms. BitGo is backed by Goldman Sachs, Craft Ventures, Digital Currency Group, DRW, Galaxy Digital Ventures, Redpoint Ventures, and Valor Equity Partners.
Responsibilities
- Negotiating contracts relating to digital asset custody, consulting services, partnerships, non-disclosure, trading and lending, staking and/or escrow.
● Drafting and negotiating bespoke contracts for first-of-their kind products and services with limited precedent.
● Drafting terms of use and disclaimers.
● Working closely and partnering with the product, regulatory, sales, trust company, compliance, product development and marketing teams.
● Helping with due diligence requests related to transactions.
● Managing legal and regulatory risks in a thoughtful and commercially practicable manner.
● Helping develop and drive legal contracting process and operations including with respect to workflows, customer contracting lifecycle, pipeline management and document retention.
● Supporting corporate governance.
● Escalating issues to senior team members as appropriate.
● Pitching in whenever and wherever needed, even when not directly related to responsibilities described above.
Skills and Experience
- 2-6 years of related law firm and/or in-house legal experience at a financial services or crypto company, ideally involving customer-facing sales, fintech and/or custody. Must have at least 2 years of transactions experience at a large law firm.
● A strong understanding of how service levels, warranties, limitations of liability and indemnities are used in contracts, and how they are used to allocate risks associated with a business arrangement.
● An understanding of intellectual property licensing, digital asset reviews, escrow arrangements and/or fintech businesses.
● Ability to draft complex legal clauses and manage transactions with sophisticated institutional counterparties and outside law firms.
● Ability to balance multiple tasks in accordance with changing deadlines and priorities in a fast-paced environment.
● Interest in blockchain and digital assets.
Why Join BitGo?
Disrupting an industry takes vision, innovation, passion, technical chops, drive to deliver, collaboration, and execution. Join a team of great people who strive for excellence and personify our corporate values of ownership, craftsmanship, and open communication. We are looking for new colleagues who bring innovative ways of thinking and problem solving, and who want risks to be part of the team that changes the world’s financial markets.
Here are some of the benefits* of working at BitGo:
- Competitive base salary, bonus and stock options
- 100% company paid health insurance for employee, partner and dependents
- Up to 4% 401k company match
- Paid parental leave, Paid vacation
- Free commuter/parking pass; 5 min from Caltrain
- Free custom lunches, dinners and snacks
- Computer equipment and workplace furniture to suit your needs
- Great colleagues and inspiring startup environment
- *Benefits may vary based on location
Pay Transparency Notice: Depending upon your leveling and location, the compensation for this role averages between $200,000- $220,000 USD base salary. Equity, an annual performance bonus and the benefits outlined above are also a part of this role's package.
