DRW

Senior Regulatory Counsel

DRW$150K — $275K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • J.D. from an accredited law school and admission to a state bar
  • 5-10 years of legal experience focusing on financial laws and regulations (SEC, CFTC)
  • Experience with legal and regulatory issues in both cryptoassets and traditional finance
  • Understanding of U.S. regulatory frameworks for cryptoasset trading (SEC, CFTC, NYDFS, AML)
  • Familiarity with non-U.S. cryptoasset regulations is an advantage
  • Experience and interest in crypto and TradFi policy-making, including comment letters and market structure issues
  • Ability to work independently and thrive in a fast-paced environment

Responsibilities

  • Provide practical, risk-weighted legal and regulatory advice on new business opportunities
  • Lead strategic direction on innovative initiatives in crypto and trading
  • Collaborate with internal teams and external stakeholders to meet strategic objectives
  • Monitor legislative changes affecting business and develop company positions
  • Engage with industry groups and regulators to represent company positions

Benefits

  • Group medical, pharmacy, dental, and vision insurance
  • 401(k) plan with discretionary employer match
  • Short and long-term disability insurance
  • Life and AD&D insurance
  • Health savings accounts and flexible spending accounts
Full Job Description
We are currently seeking a Senior Regulatory Counsel to join our global legal team and work on a wide variety of regulatory and strategic matters. This role will be located in either Chicago or Washington D.C. Candidates from other U.S. locations may also be considered, depending on experience.

Core Duties:
  • Regulatory Counsel: Provide practical, risk-weighted legal and regulatory advice to the Cumberland team in connection with new business opportunities and day-to-day operations.
  • Strategic Direction: Provide thought leadership and strategic direction on innovative Cumberland initiatives, including on-exchange and over-the-counter trading, venture capital investments and strategic partnerships. Work directly with Cumberland's executive team to structure and develop cutting-edge opportunities in the crypto space.
  • Project Execution: Collaborate across functional groups within Cumberland and DRW globally to drive strategic objectives, including internal legal colleagues, outside counsel, tax, HR, accounting, treasury and trading operations.
  • Regulatory Engagement: Monitor legislative and regulatory developments impacting Cumberland's business and collaborate with internal stakeholders to develop positions and, where necessary, engage with industry groups, policymakers, and regulators with respect to such positions.

Required Skills and Experience:
  • J.D. from an accredited law school and admission to a state bar
  • 5-10 years of legal experience with a focus on financial laws and regulations, particularly SEC and CFTC
  • Experience analyzing legal and regulatory issues relating to both cryptoassets and "TradFi" products
  • Understanding of U.S. regulatory regimes applicable to cryptoasset trading (SEC, CFTC, NYDFS, AML)
  • Some experience with non-U.S. cryptoasset regulatory matters is a plus
  • Experience with and interest in crypto and TradFi policy is also a plus (e.g., SEC and CFTC rulemakings, comment letters, policy advocacy, market structure issues, etc.)
  • Must be comfortable working independently in a fast-paced environment
  • Ability to effectively collaborate with diverse stakeholders and communicate at all levels of the firm and across all functional groups

The annual base salary range for this position is $150,000 to $275,000 depending on the candidate's experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.

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About DRW

DRW is a financial trading firm that specializes in derivatives trading. The company was founded in 1992 by Don Wilson and has since grown to have offices in Chicago, London, Montreal, New York, and Singapore. DRW trades a variety of financial instruments, including futures, options, and cryptocurrencies. The company is known for its quantitative trading strategies and has developed a number of proprietary trading systems. DRW is also involved in venture capital and has invested in a number of technology startups.
Learn more about DRW
Size
1,000 employees
Industry
Founded
1992

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