About this roleAbout this roleWe are searching for an experienced attorney specializing in cash products to support the firm's tokenized cash and digital assets initiatives, including tokenized private treasury funds and money market funds.
This role will focus on providing day-to-day legal advice on the structuring, launch, distribution, and ongoing operation of tokenized cash products, working closely with business, product, and operations teams. The Director will partner with senior Legal leadership on strategic and novel issues and will collaborate with key stakeholders across product development, business operations, and portfolio management, and other teams within BlackRock's Legal & Compliance department.
Responsibilities:- Provide legal advice and support on tokenized cash products, including private treasury funds, money market funds, and related digital assets initiatives.
- Advise on product structuring, including matters under the Investment Company Act of 1940 (including Rule 2a-7), securities laws, and other applicable regulatory regimes.
- Support the application of blockchain technology and tokenization to regulated cash products, including engagement with administrators, transfer agents, custodians, and other service providers.
- Familiarity with money services business (MSB) considerations applicable to digital asset or stablecoin-related activities is a plus.
- Familiarity with evolving U.S. stablecoin regulatory frameworks is a plus.
- Draft, review, and negotiate service provider, platform, distribution, and partnership agreements with digital asset ecosystem participants and traditional financial institutions.
- Assist in managing and coordinating outside counsel, including review of fund documents, regulatory filings, and legal analyses.
- Partner with business, product, and operations teams on execution-focused legal issues, escalating novel or complex questions to senior Legal leadership as appropriate.
- Draft, review, and maintain SEC filings, disclosure documents, and related regulatory or shareholder communications for tokenized cash and digital asset products.
- Support regulatory engagement and policy initiatives, including analyzing regulatory developments and contributing to responses to regulatory proposals affecting digital assets and cash products.
- Collaborate with Compliance and Financial Crime teams on risk identification, policy development, and control enhancements related to tokenized products.
- Contribute to cross-functional initiatives and special projects involving tokenized cash products and digital assets.
Qualifications:- J.D. with superior academic credentials from a nationally recognized law school and at least 8 years' experience as a lawyer in a major law firm or the legal department of a leading digital asset financial services organization.
- Experience advising on cash products, including money market funds (Rule 2a-7) and/or private treasury or liquidity vehicles.
- Experience advising on digital assets or tokenized product matters.
- Strong understanding of asset management regulation, including the Investment Company Act of 1940 and related securities laws.
- Strong understanding of blockchain technology, tokenization, and digital asset market infrastructure; experience with collateral, settlement, or trading considerations is a plus.
- Exceptional analytical, written, verbal and project management skills and ability to (i) work with and across different business and operations teams, (ii) work effectively both independently and as a member of team, (iii) work in a demanding and fast-paced environment, and (iv) prioritize multiple tasks and projects concurrently while maintaining high standards and attention to detail.
- Capacity to pursue and solve problems in a practical manner and to communicate complex legal, compliance and business issues/risks in an understandable way.
For San Francisco, CA and New York, NY Only the salary range for this position is USD$255,000.00 - USD$300,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
Our benefitsTo help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work modelBlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
