Five Rings LLC - Careers

Experienced/Lateral – Legal Associate at Five Rings LLC - Careers (New York, NY)

Five Rings LLC - Careers· New York, NY·

Job description

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.

Why work at Five Rings LLC - Careers

  • Culture: Casual atmosphere, flat hierarchy, and a focus on collaboration and mentoring. Described as an “open and fun culture” where ideas flow freely fiverings.com/team.
  • Work environment: Full-time, in-office presence expected (trading floor setting). Offices in New York, London, Amsterdam.
  • Perks: Great benefits, educational priorities (classroom training on top of hands-on work), summer internship program with social events, and a recent “National Intern Day” celebration with an ice cream cart. Employee reviews give culture 3.9/5.0 and career opportunities 3.2/5.0 LinkedIn.
  • Engineering focus: Software developers work on cutting-edge trading systems using C++23, Python, distributed systems, and low-latency networking. The firm runs a dedicated “Trading Systems Development Intensive” program for sophomores Greenhouse job board.

Application questions