Regulatory Correspondence Counsel

Job Description

Interactive Brokers is seeking a Regulatory Correspondence Counsel to join their growing Legal Department. This is a hybrid role based in Chicago, IL, requiring 3 days in the office and 2 days remote. The Regulatory Correspondence Counsel will oversee and provide legal input regarding various regulatory matters, including responses to inquiries from FINRA, the SEC, the CFTC, exchanges, law enforcement, and other federal and state regulators. The position will sit within the IBKR Investigations & Enforcement Legal team.Interactive Brokers offers competitive benefits and perks, including a competitive salary, annual performance-based bonus and stock grant, retirement plan 401(k) with competitive company match, excellent health and wellness benefits, paid time off, generous parental leave policy, daily company lunch allowance, and education reimbursement.Responsibilities:

• Work with IBKR’s Regulatory Correspondence (RC) team to respond to routine regulatory inquiries
• Review, oversee, and provide legal advice regarding IBKR’s responses to regulatory inquiries
• Prepare written responses to regulatory inquiries as needed
• Conduct risk assessment of compliance reviews and regulatory inquiries, and provide feedback as necessary
• Liaise with other IBKR departments as needed to address items raised during regulatory inquiries and compliance reviews
• Interface with regulators and law enforcement as needed
• Identify and escalate regulatory requests/responses to other members of the Legal team where appropriate

Requirements:

• Juris Doctor (JD) from an accredited law school
• Admission to a state bar within the United States or the District of Columbia
• Minimum of two (2) years of experience as a practicing attorney in the financial services industry, preferably at a law firm, financial institution, and/or securities or commodities regulator, or comparable non-legal experience in the financial services industry
• Superior organizational, written, and oral communication skills
• Strong attention to detail
• Ability to handle multiple different matters simultaneously, often with short turnaround times
• Strong time management skills
• Ability to effectively distill and triage potential areas of risk
• Ability to think creatively while problem-solving
• Ability to communicate and coordinate effectively among several different IBKR teams, including Compliance, Surveillance, and Legal
• Self-motivated and able to handle tasks with minimal supervision
• Superb analytical and problem-solving skills
• Excellent collaboration and communication (Verbal and written) skills
• Outstanding organizational and time management skills

What IBKR offers:

• Competitive salary
• Annual performance-based bonus and stock grant
• Retirement plan 401(k) with competitive company match
• Excellent health and wellness benefits
• Paid time off and a generous parental leave policy
• Daily company lunch allowance provided, and a fully stocked kitchen with healthy options for breakfast and snacks
• Education reimbursement and learning opportunities