Counsel, Commercial at Alpaca

<div class="content-intro"><p><strong>Who We Are:</strong></p> <p>Alpaca is a US-headquartered self-clearing broker-dealer and brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more. Our&nbsp;<a href="https://alpaca.markets/blog/alpaca-raises-150-million-at-a-1-15b-valuation-to-build-the-global-standard-for-brokerage-infrastructure/">recent Series D funding round</a> brought our total investment to over $320 million, fueling our ambitious vision.</p> <p>Amongst our subsidiaries, Alpaca is a licensed financial services company, serving hundreds of financial institutions across 40 countries with our institutional-grade APIs. This includes broker-dealers, investment advisors, wealth managers, hedge funds, and crypto exchanges, totalling over 9 million brokerage accounts.</p> <p>Our global team is a diverse group of experienced engineers, traders, and brokerage professionals who are working to achieve our mission of&nbsp;<strong>opening financial services to everyone on the planet</strong>. We're deeply committed to open-source contributions and fostering a vibrant community, continuously enhancing our award-winning, developer-friendly API and the robust infrastructure behind it.</p> <p>Alpaca is proudly backed by top-tier global investors, including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Unbound, SBI Group, Derayah Financial, Elefund, and Y Combinator.</p> <p>&nbsp;</p> <p><strong>Our Team Members:</strong></p> <p>We're a dynamic team of 380+ globally distributed members who thrive working from our favorite places around the world, with teammates spanning the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond!<br><br>We're searching for passionate individuals eager to contribute to Alpaca's rapid growth. If you align with our core values—Stay Curious, Have Empathy, and Be Accountable—and are ready to make a significant impact, we encourage you to apply.</p></div><p><span style="font-size: 12pt;"><strong><span style="font-family: arial, helvetica, sans-serif;">Your Role:</span></strong></span></p> <p data-pm-slice="1 1 []"><span style="font-size: 12pt; font-family: arial, helvetica, sans-serif;">Reporting to the Vice President, the Commercial Counsel will have exceptional negotiating and drafting experience, product support, and fintech services industry experience. You will need to be able to combine business acumen and creativity to negotiate terms to help launch key business initiatives. You will play an immediate and direct role in complex commercial transactional work supporting our sales, technology, product, partnerships, and enterprise teams.&nbsp;</span></p> <p><span style="font-size: 12pt;"><strong><span style="font-family: arial, helvetica, sans-serif;">Things You Get To Do:</span></strong></span></p> <p><span style="font-size: 12pt;"><strong>Commercial &amp; Transactional Leadership:</strong></span></p> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Draft, review, and negotiate complex financial and commercial agreements, including</span> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Clearing agreements</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Crypto and digital asset services agreements</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Securities lending and margin documentation</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">B2B API, SaaS, and embedded brokerage partnerships</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Derivatives and futures documentation</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Vendor and event contracts</span></li> </ul> </li> </ul> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Structure novel partnership arrangements that support Alpaca’s API-first brokerage model.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Develop scalable contracting frameworks, templates, and playbooks to support global expansion.</span></li> </ul> <h2><span style="font-size: 12pt;"><strong>Cross-Functional Leadership</strong></span></h2> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Work closely with Sales, Compliance, Operations, Finance, InfoSec, and other stakeholders to ensure commercial arrangements align with regulatory and operational requirements.</span></li> </ul> <h3><span style="font-size: 12pt;"><strong>Strategic Impact</strong></span></h3> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Challenge assumptions and help design creative legal structures that scale financial services infrastructure.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Bring practical, business-oriented solutions to complex cross-border regulatory issues.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Contribute to the evolution of Alpaca’s global legal strategy as we expand across North America, Europe, MENA, APAC, and LATAM.</span></li> </ul> <p><span style="font-size: 12pt;"><strong><span style="font-family: arial, helvetica, sans-serif;">Who You Are (Must-Haves):</span></strong></span></p> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Licensed attorney with <strong>5-8+ years of experience</strong> working at:</span></li> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">A financial services institution (e.g., bank, broker-dealer, asset manager, FCM, payments firm, crypto exchange), or</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">A law firm supporting such clients.</span></li> </ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Strong history of commercial and transactional legal work in financial services.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Experience reviewing and negotiating complex financial agreements (clearing, prime brokerage, crypto, derivatives, or similar).</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Familiarity with U.S. regulatory regimes applicable to securities, crypto, and/or derivatives (SEC/FINRA, CFTC/NFA)</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Excellent judgment, analytical rigor, and clear communication skills.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Demonstrated ability to own projects from concept to execution.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Practical, solution-oriented mindset with strong business judgment.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Comfort working with cross-functional, globally distributed teams.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Intellectual curiosity and interest in fintech, digital assets and blockchain technology.</span></li> </ul> <p>&nbsp;</p><div class="content-conclusion"><h3><strong>How We Take Care of You:</strong></h3> <ul> <li style="font-weight: 400; text-align: justify;"><span style="font-weight: 400;">Competitive Salary &amp; Stock Options</span></li> <li style="text-align: justify;">Health Benefits</li> <li style="font-weight: 400; text-align: justify;"><span style="font-weight: 400;">New Hire Home-Office Setup: One-time USD $500</span></li> <li style="font-weight: 400; text-align: justify;"><span style="font-weight: 400;">Monthly Stipend: USD $150 per month via a Brex Card</span></li> </ul> <p><em><span style="font-weight: 400;">Alpaca is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.<br></span></em></p> <p><span style="font-size: 8pt;"><a href="https://files.alpaca.markets/disclosures/AlpacaRecruitmentPrivacyPolicy.pdf"><em><span style="font-weight: 400;">Recruitment Privacy Policy</span></em></a></span></p></div>