Associate General Counsel (Securities Litigation and Enforcement, Washington, D.C.)

  • Competitive
  • Washington D.C., DC, USA
  • Permanent, Full time
  • Interactive Brokers
  • 28 Sep 16

Associate General Counsel (Securities Litigation and Enforcement, Washington, D.C.)

Overview :

Interactive Brokers ("IB") is the largest U.S. broker, measured by trades, offering direct-access electronic trade execution and clearing for active traders, institutional investors, financial advisors and introducing brokers. IB serves more than 330 thousand customers in trading securities, commodities and foreign exchange in 23 currencies on over 100 market centers in 24 countries around the world. The firm leverages highly automated systems it builds for all aspects of its business to maintain a low cost base as the business expands. The business is in a stage of rapid growth.

IB is a subsidiary of the publicly traded Interactive Brokers Group, Inc., based in Greenwich, Connecticut (NASDAQ: IBKR). IBKR's market capitalization is in excess of $12 billion. In addition to electronic brokerage services, the Group's market maker companies trade in equities and exchange-listed equity derivative products around the world. Interactive Brokers Group plays an important role in trading and brokerage worldwide; executing, clearing, settling and accounting for over one million trades per day. The Group's options volume makes up approximately 9% of all listed equity options worldwide. [i]

Interactive Brokers is looking for a motivated and talented attorney with experience in securities and broker-dealer issues to become a litigation-focused Associate General Counsel in the firm's Washington, D.C. office.

[i] Figures as of December 31, 2015. Information on the company can be found at:

Responsibilities :

Assisting the firm's General Counsel in handling various litigation-related matters, including:

  • Representing the firm in arbitration proceedings (both directly and in conjunction with outside counsel)
  • Coordinating with outside counsel on court actions involving the firm
  • Representing firm employees in third-party proceedings
  • Advising firm employees on pre-litigation matters
  • Handling regulatory inquiries from the SEC, FINRA, CFTC, NFA and other regulatory authorities
  • Drafting agreements, disclosures, account documentation and website materials
  • Crafting written instructions for programmers and technology staff to respond to new regulations or to launch new business lines

Qualifications :

  • 6-12 years post-J.D. experience as a litigator at a law firm, financial services regulatory agency, exchange or broker-dealer
  • "On-your-feet" experience in court or in arbitration proceedings
  • Would prefer some prior trial experience
  • Member in good standing of the bar of any U.S. state or the District of Columbia
  • Solid academic background
  • High degree of comfort and fluency with computers and technology, and understanding of how technology is applied to business and regulatory problems
  • Outstanding oral and written communication skills
  • Ability to work in a small-team environment and to work independently and to multi-task with minimal supervision