About the Role

We are seeking a Commercial Counsel remote to join our dynamic team at Alpaca. As a Commercial Counsel remote, you will play a pivotal role in supporting our sales, technology, product, partnerships, and enterprise teams. This position offers an exciting opportunity to work with a globally distributed team and contribute to Alpaca's mission of making financial services accessible to everyone.

What You'll Do

  • Draft, review, and negotiate complex financial and commercial agreements, including clearing agreements, crypto and digital asset services agreements, and securities lending documentation.
  • Structure novel partnership arrangements that support Alpaca’s API-first brokerage model.
  • Develop scalable contracting frameworks, templates, and playbooks to support global expansion.
  • Collaborate with cross-functional teams including Sales, Compliance, Operations, Finance, and InfoSec to ensure commercial arrangements align with regulatory and operational requirements.
  • Challenge assumptions and design creative legal structures that scale financial services infrastructure.

Requirements

  • Licensed attorney with 5-8+ years of experience in a financial services institution or a law firm supporting such clients.
  • Strong history of commercial and transactional legal work in financial services.
  • Experience reviewing and negotiating complex financial agreements.
  • Familiarity with U.S. regulatory regimes applicable to securities, crypto, and/or derivatives.
  • Excellent judgment, analytical rigor, and clear communication skills.

Nice to Have

  • Intellectual curiosity and interest in fintech, digital assets, and blockchain technology.
  • Comfort working with cross-functional, globally distributed teams.

What We Offer

  • Competitive salary and stock options.
  • Health benefits.
  • New hire home-office setup: One-time USD $500.
  • Monthly stipend of USD $150 per month via a Brex Card.
  • Remote work flexibility and a diverse workplace culture.
Language Requirements
EnglishC1
BasicIntermediateAdvancedNative
Why This Job8.5 of 10

This Commercial Counsel remote position at Alpaca offers a unique opportunity to work in a leading fintech company with a competitive salary and stock options. Join a diverse team committed to innovation in financial services.

Salary Range
Required
0/1
Optional
0/1
Bonus
0/1

Who Will Succeed Here

Expertise in legal negotiation and contract drafting, with a strong proficiency in creating and reviewing financial agreements that align with regulatory compliance in the FinTech sector.

Proven ability to collaborate effectively across cross-functional teams, particularly in a remote environment, demonstrating strong interpersonal skills and adaptability to different time zones and work cultures.

Demonstrated experience in navigating complex regulatory frameworks, with a proactive mindset towards continuous learning and staying updated on emerging trends in financial technology and compliance.

Learning Resources

Contract Drafting Basicscourse

Career Path

Commercial Counsel - Remote Legal Role(Now)Senior Commercial Counsel(1-2 years)Chief Legal Officer or General Counsel(3-5 years)

Market Overview

Market Size 2024
$7.5B
Annual Growth
12.4%
AI Adoption in Legal Tech
30%
Investment in Legal Tech
+45%
Labour Demand for Legal Counsel in Tech
+20%
Avg Salary for Senior Legal Counsel
$180K

Skills & Requirements

Required
Legal NegotiationContract DraftingFinancial Agreements
Growing in Demand
Data Privacy ComplianceBlockchain RegulationNegotiation Analytics
Declining
Traditional Litigation PracticesPaper-Based Contract Management

Domain Trends

Rise of AI in Contract Management
AI tools for contract analysis and drafting are expected to reduce contract review times by up to 70%, enhancing efficiency in legal negotiations.
Increased Focus on Regulatory Compliance
As FinTech regulations tighten, 65% of legal teams are prioritizing compliance training and expertise, making this a crucial area for legal counsel.
Shift Towards Remote Legal Services
The demand for remote legal services has surged by 50% since 2020, with companies increasingly adopting virtual negotiation tools and platforms.

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