Description:

The General Counsel and Chief Compliance Officer (GC/CCO) will guide the legal and compliance strategy for the firm and lead a team that will execute those initiatives daily. This is an outstanding opportunity for a strong and execution-focused lawyer to implement effective solutions globally. Candidates will ideally have 10 years of compliance and legal experience working for a proprietary trading firm, broker-dealer, clearing firm, SRO, or similar organization under FINRA's purview. Other acceptable experience includes in-house legal counsel or law firm experience working with registered SEC or CFTC entities with significant exposure to compliance and strong analytical and quantitative skills.

What You'll Do:

Provide strategic regulatory, legal, and compliance guidance to the firm's business lines and leadership team.
Suggest pragmatic, scalable, and automated legal and compliance solutions for new or existing business initiatives.
Conduct comprehensive internal compliance reviews to identify potential operational gaps or inefficiencies and develop strategic and scalable solutions.
Periodically review the firm's supervisory procedures for relevance, adequacy, and effectiveness.
Keep abreast of regulatory developments, including rulemaking by the firm's regulators and self-regulatory organizations.
Promote a culture of compliance throughout the firm and accountability by the firm's registered principals with respect to their supervisory responsibilities. Direct the continuing compliance education of employees.
Oversee the firm's engagement and response to regulatory examinations, audits, and inquiries.
Oversee the firm's FINRA CAT compliance and work with the teams responsible for daily reporting.
Advise on all action planning deliverables for relevant rulemaking including front and back-office system developments/enhancements and monitoring/surveillance needs.
Manage Compliance and Legal team members on all aspects of the regulatory compliance process.
Draft and update policies and procedures to conform to new regulations.
Efficiently engage outside legal counsel to address issues in a cost-effective manner.
Negotiate, draft, and review trading agreements with independent traders or trading teams.
Update and maintain corporate governance documents including operating agreements, partnership agreements, employment agreements, organizational charts, and corporate registrations.
Vet and provide regulatory guidance for new product and strategy initiatives.

What You'll Need:

Deep expertise in broker-dealer and commodities trading laws and regulations and their applicability to large proprietary trading firms.
Law degree and a current law license required.
Prior experience managing legal and compliance teams, preferably with a broker dealer, self-regulatory organization, or a federal securities or commodities regulator.
Ability to effectively translate and communicate legal and regulatory complexities to the Management Team.
Experience with designing, implementing, and reviewing regulatory surveillance.
Demonstrate initiative and an ability to identify, prevent, and mitigate risks.
Highly proficient in desktop applications and MS Office suite products.
FINRA Series 7 or 57, and Series 24 required (or must obtain within two months of hire).
Strong organizational skills with the ability to set and meet priorities individually and as a team.
Experience identifying compliance process inefficiencies and implementing technical-based solutions.
Ability to work effectively with all levels of management within the company and promptly resolve issues or recommend improvements in a positive manner.
Strong attention to detail.
Interest in developing areas of financial regulation.
Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications.