About the Role
You will navigate complex regulatory frameworks to help design compliant financial products and services. You will identify and draft necessary changes to systems and procedures to meet the requirements of new rules and regulations. You will engage with regulators including the SEC and FINRA and other external parties. You will draft agreements policies disclosures account documentation and website materials. You will review marketing materials advertisements and other public communications. You will resolve customer account issues related to estates bankruptcies powers of attorney and related matters. You will monitor SEC FINRA and SRO rule developments and provide recommendations. You will research securities and brokerage questions and provide legal analysis and recommendations. You will partner cross functionally with teams including litigation compliance product and government affairs.
Requirements
- J.D. degree (or foreign equivalent) and membership in at least one US state bar
- 10+ years of legal practice experience specializing in advising retail broker-dealers
- Knowledge of rules and regulations relevant to broker-dealers including sales practice rules Reg BI Form CRS licensing and registration communications with the public and books and records
- Experience supporting different types of brokerage accounts including IRAs trusts and custodial accounts
- Track record of developing practical solutions to novel problems
- Exceptional project management and communication skills
- In house legal experience
- Experience at a federal or state financial regulatory agency
- Experience with finance technology or start up organizations
- Ability to provide practical strategic and business oriented legal advice
- Ability to effectively manage multiple time sensitive tasks and react to ever shifting priorities
- Experience drafting comment letters working with industry trade groups and engaging in rulemaking and legislative advocacy efforts
- Experience working with options privacy advisory and cryptocurrency is a plus
Responsibilities
- Navigate complex regulatory frameworks to help design innovative financial products and services
- Identify and draft changes to systems and procedures to meet new rules and regulations
- Engage with regulators including the SEC and FINRA and other external parties
- Draft agreements policies disclosures account documentation and website materials
- Review marketing materials advertisements and other public communications
- Resolve customer account issues related to estates bankruptcies powers of attorney and related matters
- Monitor SEC FINRA and SRO rule developments and provide recommendations
- Research securities and brokerage questions and provide legal analysis and recommendations
- Partner cross functionally with teams including litigation compliance product and government affairs
Benefits
- Challenging high impact work to grow your career
- Performance driven compensation with multipliers for outsized impact bonus programs equity ownership and 401k matching
- Best in class benefits including 100 percent paid health insurance for employees with 90 percent coverage for dependents
- Lifestyle wallet a flexible benefits spending account for wellness learning and more
- Employer paid life and disability insurance fertility benefits and mental health benefits
- Time off to recharge including company holidays paid time off sick time parental leave and more
- Exceptional office experience with catered meals events and comfortable workspaces