About Five Rings
Five Rings is a proprietary trading firm founded with a vision of combining strategy, innovation and technology to succeed in today’s global markets. With offices in New York, Boca Raton, London and Amsterdam, Five Rings trades in various domestic and international markets, both established and esoteric. Our team constantly seeks new opportunities, analyzes their risks and rewards, and creates strategies and tools to capitalize on them.
We have an open culture and encourage the flow of knowledge and ideas between all areas of the firm.
About the Role
We are seeking to add a Legal Associate to our team based in our New York office. This is a broad role, where you will join a team responsible for the full range of the firm's legal needs across our offices. Tasks will include providing legal analysis of new business opportunities (new markets, products and trading opportunities), drafting, reviewing and negotiating NDA’s and commercial contracts (technology, data, and vendor agreements), drafting, reviewing and negotiating trading and counterparty documentation, assisting with general corporate matters, advising on employment and personnel matters, and managing outside counsel where specialist input is required.
About You
The candidate must hold a JD (or equivalent) and be admitted to practice in New York, with a minimum of five years of relevant experience gained at a major law firm, in-house, or a combination of the two. Strong drafting and negotiation skills across a wide range of commercial agreements, sound commercial judgment, and the ability to give clear and practical advice to non-legal audiences are required. Ability to work independently, strong organizational skills, and ability to multitask are required. Comfort working across jurisdictions and with colleagues and counsel in other offices is expected.
Experience at a proprietary trading firm, broker-dealer or financial institution is preferred.
Annual Base Salary: $175,000 – $225,000. Base salary does not include discretionary bonus, if eligible, or benefits.
Skills Required
- Juris Doctor degree or equivalent
- Admission to practice law in New York
- Minimum five years of relevant legal experience
- Experience at a major law firm, in-house, or a combination of both
- Strong drafting and negotiation skills across commercial agreements
- Sound commercial judgment
- Ability to provide clear, practical advice to non-legal audiences
- Ability to work independently
- Strong organizational and multitasking skills
- Comfort working across jurisdictions and with international colleagues and counsel
- Experience at a proprietary trading firm, broker-dealer, or financial institution
What We Do
Five Rings is a proprietary trading firm founded with a vision of combining strategy, innovation and technology to succeed in today’s global markets. Based in New York, we trade in various domestic and international markets, both established and esoteric. Five Rings does not depend on clients or outside investors. Our team constantly seeks new opportunities, analyzes their risks and rewards, and creates strategies and tools to capitalize on them. The strength of our firm comes from the talent of our people, and our compensation packages reflect this belief. Five Rings offers a casual atmosphere, flat structure and great benefits. Education is a priority. Our experienced traders and software developers teach new employees extensively, both hands-on and in classroom settings. Our young firm is fast-paced and entrepreneurial, and progress can be rapid for those ready to meet the challenges that await them
