Legal Counsel

Reposted 11 Days Ago
Be an Early Applicant
Chicago, IL, USA
Hybrid
170K-230K Annually
Senior level
Fintech • Machine Learning • Software • Financial Services
IMC is a proprietary trading firm powered by research and technology.
The Role
Provide commercial legal support by drafting, negotiating, and reviewing contracts across various departments, while advising on risk and regulatory compliance.
Summary Generated by Built In
IMC is looking for Legal Counsel to provide commercial legal support for contracts covering various departments including Trading, Technology, Compliance, Finance, Corporate, and Tax. This position will offer legal advice on a variety of matters, with its primary focus on reviewing, drafting, and negotiating commercial arrangements related to trading activities for broker-dealers registered in various capacities and non-registered entities, as well as other related technology, exchange, platform, software, internal corporate, and general business agreements and arrangements.
Your Core Responsibilities
  • Draft, negotiate, and review commercial contracts, including trading, execution, rate, exchange, platform, software and technology agreements; consulting agreements; confidentiality agreements; corporate documentation; and other general business and legal agreements.
  • Advise stakeholders of potential risks, including regulatory risks, in contractual areas and propose risk mitigation strategies. Ability to advise on corporate tax issues is a strong plus.
  • Provide creative and legally sound solutions to ensure that projects keep moving forward to completion.
  • Provide general advice on a wide variety of unique scenarios as they arise in the day-to-day conduct of IMC's business.
  • Work with trading teams, business owners, and the procurement function to respond to various requests for commercial legal services.

Your Skills and Experience
  • Juris Doctor (J.D.) degree required, with strong academic credentials and active membership in good standing with the Illinois Bar.
  • 8+ years of law firm or prior in-house experience in financial services industry preferred, with an understanding of proprietary trading firm operations and the U.S. financial services regulatory framework, including rules applicable to trading firms and broker-dealers.
  • Demonstrated generalist mindset with intellectual curiosity and a willingness to learn new areas quickly; ability to lead new initiatives from concept through successful completion.
  • Proven ability to work independently and effectively under tight deadlines.
  • Excellent organizational, communication and interpersonal skills.
  • Excellent management skills and business judgment with a capacity to make decisions and give advice that demonstrate an understanding of overall business objectives and the risks/rewards of each situation.
  • Strong research and writing skills and a demonstrated ability and willingness to effectively and proactively engage in in-person communication are required.
  • Must be willing to step into a project management role to bring all business owners and stakeholders together to ensure that projects remain on track and deadlines are being met.

What the Team is Saying

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The Company
HQ: Amsterdam
1,954 Employees
Year Founded: 1989

What We Do

IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we’ve been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.

Why Work With Us

At IMC, the best ideas win, regardless of hierarchy. Graduates receive mentorship and make an impact from day one, while experienced hires get to shape their own path in a flexible, high-performance environment. We remove barriers so everyone can grow and help drive one of the world’s leading liquidity providers.

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Employees engage in a combination of remote and on-site work.

Typical time on-site: 60 % of the time
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