Associate General Counsel, Interactive Brokers
+ Performance-based discretionary cash bonus scheme & discretionary stock grant
Office located in Fenchurch Street, London
Online broker
Be an early applicant
Online broker
1001+ employees
Be an early applicant
+ Performance-based discretionary cash bonus scheme & discretionary stock grant
Office located in Fenchurch Street, London
1001+ employees
Company mission
To create technology to provide liquidity on better terms.
Role
Who you are
- We seek a motivated and talented attorney with experience in financial services retail work and familiarity with securities and broker-dealer issues
- The ideal candidate will be familiar with Excel and PowerPoint and can interrogate internal databases and instruct software developers
- A UK-qualified solicitor with significant experience (ideally at least 7 years of experience) at a law firm, financial institution, financial services regulatory agency, exchange or EU/US authorised broker-dealer
- Solid academic background
- Excellent command of English
- Distinct ability to establish, document and operationalise legal processes
- Strong conceptual, organisational and analytical skills
- Dedicated problem solver with a can-do attitude
- Practical and flexible approach to work
- Strong command of Excel, Jira and Confluence
What the job involves
- Interactive Brokers (U.K.) Limited (“IBUK”), based in the City of London, is part of the wider Interactive Brokers Group
- The legal counsel will be involved in a wide range of matters including drafting of contractual documentation and policy documents, leading the negotiation of framework agreements regulating the access of institutional clients to the IBKR platform, drafting intercompany and third party arrangements governing execution, clearing and custody services, assisting with a variety of legal issues related to the on-boarding and life cycle of client accounts, including, where required, researching and drafting replies to complex client complaints
- The legal counsel will sit within the European legal team, which supports the business of Interactive Brokers in the U.K., EEA and the Middle East
- Assist with the drafting and review of client-facing documentation, intercompany and other agreements
- Lead the negotiation of framework agreements regulating the access of institutional clients to the Interactive Brokers platform
- Lead the negotiation of outsourcing agreements and custody, execution and clearing arrangements with institutional clients
- Assist with the launch of new account types and new product offerings
- Carry out annual reviews of customer-facing documentation and account applications. Updating internal records
- Assist with interacting with the developers when required to change customer documentation, sections of the website and delivery or client communications
- Summarise legal advice and document legal projects
- Advise on account life events (such as incapacities, estates, insolvencies, account freezes or closures)
- Research legal topics and draft legal memos on legal and regulatory requirements applicable to existing and new lines of business
- 9 am – 6 pm, Monday–Friday
Salary benchmarks
Our take
Interactive Brokers is an automated electronic broker, empowers users to analyse global stock markets, manage portfolios, and explore diverse investment assets. With a history spanning over 45 years, the company has thrived by adapting to evolving digital trading trends. Its comprehensive suite of services includes analytical tools, asset marketplaces, and seamless third-party integration, enhancing portfolio management capabilities.
Boasting over $11.6 billion in equity capital, Interactive Brokers remains at the forefront of industry innovation. The company has embraced the rising popularity of cryptocurrency, offering customers access to crypto trading through a partnership with Paxos Trust Company. This proactive approach reaffirms Interactive Brokers' position as a forward-thinking player in the ever-changing trading landscape.
Recently, Interactive Brokers expanded its trading hours for U.S. Treasury bonds to 22 hours a day, allowing global clients to trade during their local hours and quickly respond to market news. This extension reflects the company's commitment to flexibility and comprehensive service, meeting the diverse needs of clients in over 200 countries and territories.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
8% employee growth in 12 months
Company
Company benefits
- Retirement plan 401(k) with a competitive company match
- Excellent health and wellness benefits, including medical, dental, and vision benefits and company-paid medical healthcare premium
- Wellness screenings and assessments, health coaches and counseling services through an Employee Assistance Program (EAP)
- 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 snack
- Corporate events, including team outings, dinners, volunteer activities and company sports teams
- Education reimbursement and learning opportunities
- Modern offices with multi-monitor setups
Company HQ
Greenwich, CT
Leadership
Thomas Peterffy
(Chairman)Former computer programmer and architectural draftsman. They played a role in developing the first electronic trading platform for securities at the American Stock Exchange.
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