Senior Legal Counsel for Regulatory Affairs

5 days ago


Chicago, Illinois, United States Blackwomenintech Full time

**Job Summary:**

We are seeking a highly experienced Senior Legal Counsel for Regulatory Affairs to join our team at Blackwomenintech. This role will provide senior legal counsel to internal business clients on both routine and complex matters regarding legal risk related primarily to key domestic, as well as certain international, regulatory policies and other public policy initiatives and proposals that may impact OCC, OCC's Clearing Members, and the U.S. listed options industry.

**Key Responsibilities:**

  • Provide legal and regulatory support to business partners including, but not limited to, drafting comment letters and other documents; reviewing documents to help ensure accuracy, consistency, and overall quality; and other necessary actions to provide thorough legal advice to business partners.
  • Act as subject matter expert for the legal function by providing specialized legal and regulatory advice to internal clients on a variety of matters, with an emphasis primarily on domestic, as well as certain international, regulatory policy. Review industry and other related comment letters and provide legal advice on the appropriate course of action for OCC.
  • Monitor domestic regulatory policy issues and developments related to central counterparties; the U.S. options, futures, and securities lending industries; and other issues to communicate internally and externally the legal impact of regulatory changes on OCC and coordinate OCC's responses to those changes. Prepare summaries of rule proposals initiated by other CCPs. Coordinate and host monthly internal Regulatory Review Team meetings.

**Requirements:**

  • Eight to ten years of experience in one or more of the following areas: domestic securities and commodity laws, regulations, and other regulatory guidance.
  • Experience working with regulatory agencies or regulated financial institutions.
  • General working knowledge of the clearance and settlement and risk management functions of a clearing organization.
  • Ability to promptly produce high-quality, accurate, and detailed work product.
  • Excellent analytical and problem-solving, interpersonal and communication, and collaboration skills.

**What We Offer:**

A competitive salary of **$140,000 - $160,000** per year, depending on experience. In addition, we offer a hybrid work environment, up to 2 days per week of remote work, tuition reimbursement, student loan repayment assistance, technology stipend, generous PTO and parental leave, and competitive health benefits including medical, dental and vision.


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