Senior Regulatory Counsel

Job Description

Cumberland, a DRW Company, is seeking a Senior Regulatory Counsel to join its global legal team. The Senior Regulatory Counsel will work on a variety of regulatory and strategic matters related to cryptoassets. This role can be based in either Chicago or Washington D.C.

The Senior Regulatory Counsel will report to the General Counsel and will be responsible for providing legal and regulatory advice to the Cumberland team, providing thought leadership and strategic direction on innovative Cumberland initiatives, and collaborating across functional groups within Cumberland and DRW globally to drive strategic objectives.

Responsibilities:

• Provide practical, risk-weighted legal and regulatory advice to the Cumberland team in connection with new business opportunities and day-to-day operations.
• Provide thought leadership and strategic direction on innovative Cumberland initiatives, including on-exchange and over-the-counter trading, venture capital investments and strategic partnerships.
• Work directly with Cumberland’s executive team to structure and develop cutting-edge opportunities in the crypto space.
• Collaborate across functional groups within Cumberland and DRW globally to drive strategic objectives, including internal legal colleagues, outside counsel, tax, HR, accounting, treasury and trading operations.

Requirements:

• J.D. from an accredited law school and admission to a state bar
• 6+ years of legal experience with a focus on financial laws and regulations
• Experience analyzing legal and regulatory issues relating to cryptoassets
• Understanding of U.S. regulatory regimes applicable to cryptoasset trading (SEC, CFTC, NYDFS, AML)
• Some experience with non-U.S. cryptoasset regulatory matters is a plus
• Must be comfortable working independently in a fast-paced environment
• Ability to effectively communicate at all levels of the firm and across all functional groups

The role offers:

• Annual base salary range for this position is $200,000 to $300,000, depending on the candidate’s experience, qualifications, and relevant skill set.
• The position is also eligible for an annual discretionary bonus.
• DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.