Assistant General Counsel, Regulatory

About the role

We are looking for an attorney with experience in retail broker-dealer regulation who is excited to work at the intersection of regulation, technology, and finance. This is an exciting opportunity to join a growing company and support our mission to democratize finance for all.

Responsibilities

• Navigate complex regulatory frameworks to help the business design innovative financial products and services
• Identify and draft necessary changes to the firm's systems and procedures to meet the requirements of new rules/regulations
• Engage with regulators, including the SEC and FINRA, and other external parties
• Draft agreements, policies and procedures, disclosures, account documentation and website materials
• Review marketing materials, advertisements, and other communications with the public
• Resolve customer account issues related to estates, bankruptcies, powers of attorney, and related matters
• Monitor SEC/FINRA and SRO rule developments and make resulting recommendations
• Research securities and brokerage questions and provide legal analysis and recommendations
• Partner cross-functionally with teams including litigation, compliance, product and government affairs

Requirements

• J.D. degree (or foreign equivalent) and membership in at least 1 U.S. state bar
• 5-7+ years of legal practice experience specializing in advising retail broker-dealers
• Knowledge or expertise in the rules and regulations relevant to broker-dealers, including for example: sales practice rules, Reg BI, Form CRS, licensing and registration, communications with the public, and books and records
• Experience supporting different types of brokerage accounts, including for example, IRAs, trusts, and custodial accounts

Qualifications

• Track record of developing practical solutions to novel problems
• Exceptional project management and communication skills
• In-house legal experience
• Experience at a federal or state financial regulatory agency
• Experience with finance, technology or start-up organizations
• Ability to provide practical, strategic and business-oriented legal advice
• Experience drafting comment letters, working with industry trade groups, and engaging in rulemaking and legislative advocacy efforts
• Experience working with options, privacy, advisory, and cryptocurrency is a plus

Benefits

• Challenging, high-impact work to grow your career
• Performance-driven compensation with multipliers for outsized impact, bonus programs, equity ownership, and 401(k) matching
• Best-in-class benefits to fuel your work, including 100% paid health insurance for employees with 90% coverage for dependents
• Lifestyle wallet — a highly flexible benefits spending account for wellness, learning, and more
• Employer-paid life & disability insurance, fertility benefits, and mental health benefits
• Time off to recharge including company holidays, paid time off, sick time, parental leave, and more!

Pay

The expected base pay range for this role is based on the location where the work will be performed and is aligned to one of 3 compensation zones. For other locations not listed, compensation can be discussed with your recruiter during the interview process.

Schedule

This role is based in our New York, NY; Washington DC; or Menlo Park, CA office(s), with in-person attendance expected at least 3 days per week.