Counsel - Broker Dealer Equities

New York Permanent
  • Broker Dealer arm of client seeking Counsel to support legal operations
  • Exciting opportunity to join a growing legal team

About Our Client

Broker dealer arm of global financial services firm.

Job Description

  • Advising Equities businesses, with primary focus on sales and trading of equities products including shares, exchange-listed options, ADRs, convertibles, foreign ordinaries, exchange traded funds, program baskets and indices. Responsibilities will encompass advising business on all regulatory and market structure matters impacting equities products; for example, the SEC Market Access Rule, Reg SHO, securities lending, market volatility circuit breaker regulations, internalized order flow practices, best execution, and other trading-related policies
  • Assist in answering real time Sales and Trading questions in primarily customer flow, cash sales and trading businesses, on variety of matters, adhering to regulatory obligations and helping to maintain the firm's reputation
  • Managing relationships with various regulators. Team members interact with our regulators on a regular basis, advocating positions for the firm, as well as acting as informing and educating regulators on best practices and current developments
  • Assist with long term projects and product development initiatives as required
  • Coordinating with litigation team in dealing with and responding to various regulatory exams and inquiries
  • Communicate regulatory compliance requirements to investment professionals, including training
  • Help create new regulatory or firm policies, procedures and guidelines as required
  • Coordinate with other legal and compliance groups within the firm to ensure consistency of coverage

The Successful Applicant

  • JD from top law school
  • NY or NJ State Bar Admission
  • In-house experience in a sales and trading environment and/or significant law firm experience in a securities regulatory practice
  • Strong substantive knowledge of broker dealer regulation, including sales practices, order handling and trade reporting rules, best execution, "know your customer", Regulation NMS, Regulation ATS and short sale regulation
  • Outstanding law firm credentials and relevant in-house experience in securities sales and trading environment
  • High level of initiative, integrity, and organization
  • Adept at developing interpersonal relationships
  • Strong, written and verbal communications skills

What's on Offer

  • Competitive base salary
  • Bonus
  • Benefits
  • Additional perks and options
Jennifer Pettigrew
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Job summary

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Jennifer Pettigrew
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