Commercial Counsel, IEX
$175-190k
This role is eligible for bonus and equity
Equity trading exchange
Open for applications
Equity trading exchange
201-500 employees
Open for applications
$175-190k
This role is eligible for bonus and equity
201-500 employees
Company mission
To innovate with a purpose: to drive trading performance for market participants.
Role
Who you are
- Excellent agreement drafting and negotiating skills
- Practical, business-oriented mindset with the ability to balance legal risk and commercial objectives
- Strong written and verbal communication skills
- Highly organized with a strong attention to detail and ability to manage multiple priorities
- Ability to think strategically as well as execute tactically - not afraid to get into the weeds
- Firm dedication to the core values of IEX - belief in fairness and transparency in the financial markets
- 4+ years of experience as a practicing attorney in large law firm and/or in-house legal department
- Strong experience in commercial contracts and employment law matters
- Proven ability to successfully manage multiple complex projects with competing deadlines
- Business-minded, pragmatic, and solutions-oriented
- Law degree (JD) from accredited law school
- NY Bar membership required
What the job involves
- IEX is looking for a Commercial Counsel to join our legal team
- In this role, you will be reporting directly to our Associate General Counsel and will act as a key resource and primary point of contact for our business teams, with a primary focus on commercial contracting and employment-related matters
- You should have experience negotiating and drafting commercial agreements, handling employment matters, providing business focused advice directly to business teams, and exercising strong judgment with a high level of integrity
- You will play a central role in supporting day-to-day operations
- Act as the primary legal point of contact for commercial contracting across the business
- Draft, review and negotiate a wide range of agreements, including customer agreements, vendor agreements and non-disclosure agreements
- Develop and improve contract templates, playbooks and processes to drive efficiency and consistency
- Partner closely with business stakeholders to structure agreements and provide practical, risk-based advice
- Manage contract lifecycle processes and support scaling of contracting function
- Advise on a broad range of employment matters, including hiring, terminations, performance management, and employee relations
- Draft and update employment agreements, offer letters, separation agreements and related documentation
- Support development and maintenance of employment policies and employee handbooks
- Partner with HR on compliance with applicable labor and employment laws
- Assist with internal personnel matters as needed
- Advise on legal and regulatory issues related to the implementation and use of AI and emerging technologies
- Support the ongoing development of internal AI governance frameworks, policies, and controls
- Stay current on evolving legal and regulatory developments impacting AI, fintech, and data usage
- Act as a key resource and primary point of contact for IEX business teams in need of legal assistance
- Provide legal guidance on day-to-day business operations
- Collaborate with cross-functional teams, including HR, Compliance, Finance and Technology
- Support internal policy development and implementation
- Support special projects and strategic initiatives as needed
Our take
Innovations in fintech infrastructure have dramatically changed how people invest, but despite such developments, investors still face limitations when trading assets. Exchanges often list out-of-date pricing information, which limits investors' abilities to make strategic investment decisions, a problem that is heightened through knock-on effects from other unstable stock prices.
IEX provides a registered US stock exchange for investors and broker-dealers, focusing on providing a more stable trade execution experience than existing exchanges. The company achieves this through its "Speed Bump" strategy that delays trades to gather up-to-date pricing information whilst assessing them for price stability, ensuring that trades are not executed based on stale data, and helping to notify other orders to react to other stock price stability levels.
Whilst the company must share the stock exchange sector with many competitors, IEX shows great promise through its focus on maintaining pricing accuracy and stability. The company also stands out by providing a cloud platform for the selling, sharing, and use of financial data, in addition to an investment lifecycle advice tool for institutional investors.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
15% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Sep 2014
$75m
SERIES C
Mar 2013
$24.4m
SERIES B
Total funding: $100.9m
Company benefits
- 100% Employer-Paid Benefit Premiums: Medical, dental and vision benefits premiums covered 100% for employees, spouses, and dependents
- One MEdical Membership: 100% company-paid annual membership to One Medical primary care services
- Matched 401(k), Equity & Bonus Offerings: Competitive compensation packages including equity and bonus opportunities and 401(k) with annual company match
- Learning Stipend and Non-Profit Donation Match: $5000 annual learning stipend and $1000 annual match for donations to 5013(c) organizations of your choice
- In-Office Gym: Fully equipped with weights, treadmills, a Peloton bike, and locker rooms with showers
- Lunch and Learns: Have lunch on IEX and listen to co-workers present on their areas of expertise
- Hybrid Working Environments: Teams determine how and where they work – home, on the road, or in office
- Flexible Vacation Policy: With unlimited PTO, recharge your batteries and come to work ready to innovate
- 16 Weeks Paid Parental Leave: Offered for primary and secondary caregivers at the birth, adoption, or placement of a child
Company HQ
World Trade Center, New York, NY
Leadership
Bradley Katsuyama
(Co-Founder & CEO)Founding Board Member of The Public Health Company. Spent 11 years at RBC Capital Markets, ultimately as Managing Director of US Cash Equity Trading.
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