Director & Associate General Counsel - FCM (Chicago)

Reposted 10 Days Ago
Be an Early Applicant
Wacker, IL, USA
In-Office
161K-268K Annually
Mid level
Financial Services
The Role
The role involves providing legal and regulatory guidance on trading issues, drafting agreements, advising on compliance with regulations, and assisting with regulatory inquiries and investigations.
Summary Generated by Built In

We are seeking a highly motivated and experienced Attorney to join our Compliance and Legal team. The CME Group Compliance and Legal team is a dynamic, high-impact group committed to maintaining the integrity and stability of global financial markets. We are seeking a visionary leader to join our team as Director & Associate General Counsel responsible for FCM legal activities, which will be operated within our Joint Venture with FanDuel. This role is for a self-starter who thrives in a fast-paced environment and is passionate about protecting the firm and its clients. 

What You’ll Get: 

  • A supportive environment fostering, continuous learning, and an inclusive culture.  

  • Broad exposure to CME's diverse products, asset classes, and cross-functional teams.  

  • A competitive salary and comprehensive benefits package. 

What You'll Do: 

  • Provide legal and regulatory guidance on issues related to futures and swaps trading, including retail customers, options, binary options and futures trading, order routing, margin requirements, and market data displays. 

  • Interpret and advise on compliance with rules and regulations from the CFTC, NFA, exchanges and other applicable laws. 

  • Draft, review, and revise client-facing agreements, disclosures, disclaimers, governance documents, marketing, and educational content. 

  • Advise the development and rollout of new trading products and services. 

  • Assist with regulatory inquiries, examinations, and investigations, as well as client arbitration and litigation matters. 

  • Review and update client agreements, forms, and applications. 

  • Assess the impact of new and amended industry rules and regulatory developments and contribute to the implementation of and compliance with regulatory changes. 

  • Respond to client- and platform-related issues, including customer complaints. 

  • Participate in internal working groups and governance forums to provide advice and documentary support. 

  • Contribute to the development of client strategy on commodities regulation and related matters. 

  • Collaborate with attorneys across practice areas and jurisdictions on complex regulatory matters. 

What You'll Bring: 

  • Juris Doctor (J.D.) from an accredited law school with superior academic credentials. 

  • Member in good standing of a state bar. 

  • At least 4-5 years of legal experience in FCM regulation within the financial services industry, private practice, and/or a relevant regulatory agency or self-regulatory organization. 

  • Strong subject matter knowledge of aspects of the Commodity Exchange Act, CFTC Regulations and NFA and exchange rules.  

  • Experience working with swaps and derivatives documentation and regulation. 

  • Highly developed written and oral communication skills. 

  • Excellent drafting and negotiation skills, with exceptional attention to detail. 

  • Proven organizational and time management skills, including the ability to prioritize multiple assignments, work independently to solve problems, and meet deadlines. 

  • Strong interpersonal skills to foster teamwork, influence decision-making, and maintain effective working relationships with internal colleagues, external clients, and regulators. 

  • Ability to identify issues and assist in the development of remedial enhancements, including with respect to form agreements, policies, procedures, and control processes. 

  • Ability to work independently and as part of a team. 

  • Comfort working collaboratively with various internal business, technology, operations, compliance, and risk teams across departments. 

#LI-DD1

CME Group is committed to offering a competitive total rewards package for our employees that recognizes their contributions to the business and reflects our long-term investment in their future. The pay range for this role is $160,600-$267,600. Actual salary offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal employees (where relevant). Our compensation program also includes an annual target bonus opportunity for all employees, as well as the opportunity to become an owner in the company through our broad-based equity program. Through our benefits program, we strive to offer flexibility, value and choice. From comprehensive health coverage, to a retirement package that includes both a 401(k) and an active pension plan, to highly competitive education reimbursement provisions, paid time off and a mental health benefit, CME Group offers a holistic benefits package for our team and their dependents.

CME Group: Where Futures are Made

CME Group is the world’s leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more.

At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.

Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.

Top Skills

Cftc Regulations
Commodity Exchange Act
Derivatives
Financial Compliance
Swaps
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The Company
HQ: Chicago, IL
3,291 Employees

What We Do

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world’s leading central counterparty clearing provider in the world, which offers clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort®. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.

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