Regulatory Compliance Financial Services Counsel

Axiom is seeking a Financial Services Regulatory Counsel to join our Banking and Financial Services team.

About the role

In this role, you will provide expert legal advice and support to clients on regulatory compliance and remediation matters, ensuring adherence to evolving financial services regulations. This position offers a unique opportunity to work on high-profile, on-site engagements with leading banking and financial institutions, driving compliance and risk management strategies.

Responsibilities

• Drafting, reviewing, and negotiating regulatory documentation and compliance policies.
• Providing legal guidance on broker-dealer regulations, margin lending rules, and swap dealer compliance.
• Collaborating with internal teams, clients, and regulators on compliance, remediation, and onboarding projects.
• Managing regulatory compliance issues for clients in banking, financial services, and private markets.
• Staying ahead of industry trends and regulatory changes, including CFTC, FINRA, SEC, and state-regulated requirements, to provide proactive counsel.

Qualifications

• Proven experience advising on new margin lending rules, broker-dealer regulations, and financial services compliance.
• Strong knowledge of swap dealer compliance, Swap Execution Facilities (SEFs), Alternative Trading Systems (ATSs), and direct market access (SEC Rule 15c3-5).
• Documented experience working with CFTC, FINRA, SEC, and other relevant financial regulations.
• Excellent communication, negotiation, technology, and problem-solving skills.
• Juris Doctor (JD) degree or equivalent and licensed to practice law in New York.

Skills

• Experience with equipment financing in industrials, AML/KYC, and client onboarding for private markets or alternative investment managers.
• Exposure to state-regulated industries, including insurance.
• On-site availability in New York for client engagements.

Pay

The estimated total compensation for this full-time attorney role is $104,500–325,000 per year. Compensation decisions are based on various factors, including experience, skills, certifications, location, and business needs.

Benefits

• Health, dental, and vision insurance.
• Paid holidays and PTO.
• Flexible work arrangements.
• Professional development opportunities and tools.

About Axiom

For over 25 years, Axiom has pioneered the alternative legal services industry, now serving more than 1,500 legal departments globally with a unique blend of world-class legal talent and advanced AI tools. We deliver innovative solutions across 12 practice areas for clients ranging from Fortune 100 to SMBs, empowering legal professionals to engage in meaningful work that advances their careers. Our Talent NPS score of +71% and Client NPS score of +64% highlight our commitment to excellence (industry average NPS score is +35%).