Charles Schwab

Director Legal Counsel - Exchange Traded Products and Derivatives

Charles Schwab$150K — $200K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Juris Doctor (JD) from a top-tier law school or equivalent.
  • 5-10 years legal experience in a broker-dealer or asset management firm.
  • Strong drafting skills and attention to detail.
  • Ability to identify, analyze, and solve contractual issues.
  • Developed negotiation skills and readiness to engage with counterparties.
  • Excellent oral and written communication skills.
  • Self-motivated with strong organizational and prioritization skills.

Responsibilities

  • Prepare and file prospectuses and offering memoranda.
  • Advise on legal and regulatory requirements for ETPs and private funds.
  • Draft and negotiate agreements with service providers.
  • Assist in the preparation of annual, quarterly, and current reports.
  • Provide legal guidance on marketing and disclosures.
  • Monitor regulatory changes and advise leadership on their impact.
  • Manage outside counsel and build internal partnerships.

Benefits

  • Eligibility for bonus or incentive opportunities.
Full Job Description
Your Opportunity

In this newly created role, we are looking to recruit a seasoned attorney to join the Legal team that supports CSIM.  This position primarily will be responsible for legal support of exchange traded products (ETPs) that CSIM manages or sponsors. The ETP business will cover the public offer of listed ETPs that may invest in cryptocurrencies, commodities, futures, and other asset classes. You will be involved in the strategy and development, drafting of offering documents, initial offering, and ongoing maintenance of the CSIM’s ETPs. Support will include strategic initiatives, regulatory compliance, and negotiating agreements with distribution platforms.  The ideal candidate will have experience in the organization and distribution of registered funds and private funds and in the transactional, regulatory, and compliance aspects of using derivatives.  Candidate should have familiarity with the Investment Company Act of 1940, the Securities Act of 1933, the Securities Exchange Act of 1934, and the Commodities and Exchange Act.

What you have
  • Juris Doctor (JD) from a top-tier law school or a top degree from a leading university and active membership in a state bar.

  • 5-10 years legal experience in a large broker-dealer or asset management firm.  Law firm experience in a practice related to financial services or practical business experience may be substituted for in-house experience.

  • Strong drafting skills and an attention to detail.

  • Ability to identify and analyze contractual issues and provide solutions.

  • Developed negotiation skills and a willingness to engage with counterparties.

  • Excellent oral and written communication skills. Ability to present to senior leaders in Legal and key partners.

  • Ability to work on multiple projects, prioritize activities, and meet deadlines with strong organizational skills. 

  • Must be a self-motivated professional with excellent people skills and able to work independently.

What you’ll do:

  • Preparation and filing of prospectuses and offering memorandum.

  • Advise on the legal and regulatory requirements for publicly listed ETPs and private funds.

  • Draft and negotiate agreements with third party service providers. 

  • Assist with preparing annual, quarterly, and current reports.

  • Provide legal guidance on related marketing or disclosures, and on policies and procedures. 

  • Monitor regulatory developments applicable to ETPs, cryptocurrencies, commodities, and derivatives and advise senior leadership and the business on the impact. 

  • Work with and manage outside counsel.

  • Build and maintain strong partnerships with the relevant business teams and compliance and legal colleagues to ensure clear alignment and priorities within the appropriate legal and regulatory framework. 

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.

About Charles Schwab

Charles Schwab is a financial services company that provides a full range of securities, brokerage, banking, money management, financial advisory, investor, and retirement plan services. It operates in four main divisions; investing, wealth management, banking, and trading. Charles Schwab provides a full-service brokerage platform that serves individual investors who invest on their own or through a workplace-sponsored retirement or equity plan, as well as banking through Schwab Bank. The firm was founded in 1973 and is headquartered in San Francisco, California.

Charles Schwab Careers

Join the vibrant team at Charles Schwab, a leader in global finance, where your career is propelled by innovation, leadership, and a commitment to diversity and professional growth. At Charles Schwab, we offer more than just job opportunities; we provide a platform for you to make a significant impact on the industry and our clients' lives.

Work You’ll Do

At Charles Schwab, we are dedicated to helping our clients manage their financial futures. Being part of our team means you'll work alongside some of the most skilled professionals in the financial services industry. Our culture thrives on teamwork, integrity, and relentless dedication to our clients. Whether you're looking for a position in financial consulting, technology, or administrative support, Charles Schwab offers a dynamic work environment where your skills will be honed and your achievements recognized.

Innovate and Lead

Embrace the opportunity to lead through innovation. Charles Schwab’s commitment to technology and innovation is fundamental to our service delivery. By joining our team, you will be at the forefront of developing new solutions that redefine the future of finance. Your leadership can guide significant projects that impact our company and the industry.

Grow Your Career

Charles Schwab believes in fostering the growth of its employees. Whether through professional development programs, diversity training, or leadership workshops, we ensure that our team members receive the support and training they need to advance their careers. With a variety of career paths available, your job at Schwab can evolve with your interests and expertise.

Internship and Employment Opportunities

Start your professional journey with Charles Schwab through our internship programs or full-time employment opportunities. We seek individuals who are passionate, curious, and ready to drive change. A career at Schwab is not just about having a job; it's about building a lasting relationship with a company that values your potential.

Benefits and Culture

Charles Schwab is renowned for its employee-friendly culture. We offer a comprehensive benefits package that supports the health, financial stability, and work-life balance of our team members. From competitive salaries and bonuses to health insurance and retirement plans, Schwab ensures that your career is as rewarding as it is enriching.

Networking and Professional Development

Expand your professional network and enhance your skills through our various networking events, mentorship programs, and training sessions. At Charles Schwab, we believe in leveraging collective expertise to foster learning and innovation. Engage with leaders, gain insights from experienced professionals, and build relationships that will aid your career trajectory.

Join Our Team

Explore the numerous career paths available at Charles Schwab and discover how your talents can be utilized to their fullest potential. Search open positions that match your skills and interests. We are continuously hiring across various disciplines and look forward to adding innovative, driven individuals to our team.

Stay Connected

Keep up to date with the latest from Charles Schwab Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and be the first to know about new openings, company news, and professional tips.

Explore Charles Schwab Jobs

Ready to take the next step in your career? Visit our careers page to review current job openings, submit your resume, and prepare for your interview. At Charles Schwab, your future is waiting. [SEARCH CHARLES SCHWAB JOBS] Join Charles Schwab today and be part of a team that values diversity, innovation, and leadership—where your career can thrive in the exciting world of finance.
Learn more about Charles Schwab
Size
34,200 employees
Market Cap
$151.6 billion
Industry
Net Income
$3.2 billion
Founded
1973
5 Year Trend
+20%
Revenue
$12.1 billion
NASDAQ

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