Assistant General Counsel, Investment Banking

Clear Street

Clear Street

New York, NY, USA
Posted on Thursday, October 5, 2023

About Clear Street:

Clear Street is building financial infrastructure for today’s institutions. Founded in 2018, Clear Street is an independent, non-bank prime broker replacing the legacy infrastructure used across capital markets.

We started from scratch by building a completely cloud-native clearing and custody system designed for today’s complex, global market. Clear Street’s proprietary prime brokerage platform adds significant efficiency to the market, while focusing on minimizing risk and cost for clients. Our goal is to create a single source-of-truth platform for every asset class, in every country, and in any currency.

By combining highly-skilled product and engineering talent with seasoned finance professionals, we are building the essentials to compete in today’s fast-paced markets.

The Role:

We are looking for a Capital Markets Attorney to join the Clear Street Legal team. As part of this team, you will support the Investment Banking division, with a focus on equity capital market transactions. We are a small team. So, while the role will focus on the Investment Banking team’s needs, there will be opportunities to be a part of other work streams. Responsibilities will include, but not be limited to:

  • Draft, review, and negotiate NDAs and engagement letters.
  • Advise on developing and structuring capital markets products/transactions.
  • Review SEC-registered, Rule 144A, and Section 4(a)(2) offerings/placements of equity and equity-linked securities.
  • Attend Investment Banking Commitment Committee meetings and advise investment bankers in connection therewith.
  • Generally, advise bankers and capital markets professionals on a broad variety of topics that arise in connection with capital markets transactions.
  • Review and comment on offering documents to ensure compliance with Clear Street’s guidelines.
  • Review FINRA correspondence and prepare responses to FINRA, when required.
  • Advise capital markets professionals on regulatory changes and reforms that may impact Clear Street’s capital markets activities.
  • Work closely with outside counsel and manage relationships with regulatory bodies.
  • Review and negotiate underwriting/purchase agreements, legal opinions, comfort letters, and lock-up agreements in coordination with equity offerings and other transaction documents.


  • JD required - admitted to practice, and in good standing, with the New York Bar.
  • At least three (3) years of capital markets experience, preferably at a large law firm.
  • Experience drafting, editing, and reviewing contracts, non-disclosure agreements, and other agreements.
  • Ability to control a high volume and complex workload by prioritizing workflow and managing multiple schedules; ability to meet deadlines and work effectively in a fast-paced environment with multiple demands and minimal direct supervision.
  • A self-starter with the ability to work collaboratively and develop strong relationships with clients, outside counsel, and employees.
  • Keen attention to detail and strong proofreading and organizational skills.
  • Excellent interpersonal and communication (oral and written) skills.
  • Ability to work a flexible schedule, including evenings, as needed.
  • Excellent computer skills, including proficiency in GSuite, Word, Excel, and PowerPoint; willingness to adapt to, and master, changing technology.
  • Familiarity with contract lifecycle management (CLM) tools (e.g., LinkSquares, Ironclad).

We Offer:

The Base Salary Range for this role is $200,000 - $250,000. This range is representative of the starting base salaries for this role at Clear Street. Where a candidate falls in this range will be based on job related factors such as relevant experience, skills, and location. This range represents Base Salary only, which is just one element of Clear Street's total compensation. The range stated does not include other factors of total compensation such as bonuses or equity.

At Clear Street, we offer competitive compensation packages, company equity, 401k matching, gender neutral parental leave, and full medical, dental and vision insurance. Our belief has always been that we are better as a business when we are all together in person. As such, beginning on January 2, 2023, we are requiring employees to be in the office 4 days per week. In-office benefits include lunch stipends, fully stocked kitchens, happy hours, a great location, and amazing views.

Our top priority is our people. We’re continuously investing in a culture that promotes collaboration. We help each other through challenges and celebrate each other's successes. We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse — in ideas, in cultures, and in experiences. We put in the effort to make such a workplace a daily reality and are proud to be an equal opportunity employer.