IMC logo

Legal Counsel

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.1

Reclaim your time by letting our AI handle the grunt work of job searching.

We continuously scan millions of openings to find your top matches.

pay-wall

Overview

Schedule
Full-time
Career level
Senior-level
Benefits
Health Insurance
Paid Vacation

Job Description

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.

The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.

Salary Range

$170,000 - $230,000USD

About Us

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.

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.

pay-wall

FAQs About Legal Counsel Jobs at IMC

What is the work location for this position at IMC?
This job at IMC is located in Chicago, Illinois, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at IMC?
Candidates can expect pay range between $170,000–$230,000 for this role.
What employment applies to this position at IMC?
IMC lists this role as a Full-time position.
What experience level is required for this role at IMC?
IMC is looking for a candidate with "Senior-level" experience level.
What benefits are offered by IMC for this role?
IMC offers following benefits: Health Insurance and Paid Vacation for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at IMC?
You can apply for this role at IMC either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.