Legal - Associate General Counsel

Interactive Brokers Group • Greenwich, CT

17h • Hybrid

About The Position

The Associate General Counsel-Regulatory will advise on and represent the brokerage firm’s operations, ensuring compliance with securities laws and regulations while managing legal risk. This hybrid role requires 3 days per week in the office. The position involves advising the firm on exchange regulations affecting broker-dealer operations, monitoring industry developments, and preparing/negotiating contracts. Responsibilities also include supporting regulatory filings, responding to inquiries from various regulatory bodies, conducting legal research on complex matters, collaborating with the Compliance Department, and coordinating litigation and regulatory proceedings.

Requirements

• Juris Doctor or foreign equivalent
• 5 years of work experience in the job offered or in a related position for an investment brokerage firm
• 5 years of experience in assessing the application of relevant APAC rules and regulations to broker-dealer operations
• 5 years of experience advising on the application of the Securities Exchange Act of 1934 to broker-dealer operations
• 5 years of experience analyzing the application of FINRA and exchange-rules to broker-dealer operations
• 5 years of experience in operations of electronic margin systems, clearing systems, brokerage systems
• 5 years of experience advising business and compliance personnel on regulatory requirements of broker-dealer operations
• License to practice law from any state, country or territory
• Must be in good standing

Responsibilities

• Advise on and represent the brokerage firm’s operations ensuring compliance with securities laws and regulations while managing legal risk.
• Advise the firm on exchange regulations affecting broker-dealer operations and monitor industry developments and regulatory changes affecting the business.
• Prepare, approve, and negotiate contracts, including vendor agreements, client agreements, and partnership documents.
• Support regulatory filings and respond to inquiries from the Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), and other regulatory bodies, including Asia Pacific (APAC) based regulatory bodies (Australian Securities & Investments Commission (ASIC), Securities & Futures Commission of Hong Kong (SFC), and Monetary Authority of Singapore (MAS)).
• Conduct legal research and provide guidance on complex regulatory matters regarding new financial products, services, and technology initiatives.
• Collaborate with the Compliance Department in the development of policies and procedures and support corporate governance matters and board communications as needed.
• Coordinate litigation and regulatory proceedings with outside counsel and assist with internal investigations and regulatory examinations.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level