Associate General Counsel

Interactive Brokers; London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

A leading financial services company seeks a motivated attorney with significant experience in retail financial services. The role involves drafting agreements and advising on complex client issues within a hybrid working model in London. Join a dynamic team and contribute to a company recognized for its commitment to innovation in finance.

Benefits

Career support and development

Performance-based cash bonus scheme

Discretionary stock grant

Group Life Assurance cover

Private Medical Insurance

Daily company-paid lunch

Cycle to work scheme

Qualifications

• Minimum 7 years experience at a law firm or financial institution.
• Excellent command of English required.
• Strong analytical and organizational skills necessary.

Responsibilities

• Draft and review client-facing documentation and agreements.
• Lead negotiations of framework agreements.
• Research legal topics and draft memos on requirements.

Skills

Organisational skills

Analytical skills

Problem solving

Command of English

Flexibility

Education

UK-qualified solicitor

Solid academic background

Tools

Excel

Jira

Confluence

Job description

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

Interactive Brokers (U.K.) Limited (“IBUK”), based in the City of London, is part of the wider Interactive Brokers Group. We seek a motivated and talented attorney with experience in financial services retail work and familiarity with securities and broker-dealer issues. The legal counsel will be involved in a wide range of matters including drafting of contractual documentation and policy documents, leading the negotiation of framework agreements regulating the access of institutional clients to the IBKR platform, drafting intercompany and third party arrangements governing execution, clearing and custody services, assisting with a variety of legal issues related to the on-boarding and life cycle of client accounts, including, where required, researching and drafting replies to complex client complaints. The ideal candidate will be familiar with Excel and PowerPoint and can interrogate internal databases and instruct software developers. The legal counsel will sit within the European legal team, which supports the business of Interactive Brokers in the U.K., EEA and the Middle East.

We currently operate a hybrid working model in one of the most iconic City of London towers on Fenchurch Street. You will be pleased to hear we offer lunch from a selection of vendors every day you are in the office.

Responsibilities include, but are not limited to:

• Assist with the drafting and review of client-facing documentation, intercompany and other agreements.
• Lead the negotiation of framework agreements regulating the access of institutional clients to the Interactive Brokers platform.
• Lead the negotiation of outsourcing agreements and custody, execution and clearing arrangements with institutional clients.
• Assist with the launch of new account types and new product offerings.
• Carry out annual reviews of customer-facing documentation and account applications. Updating internal records.
• Assist with interacting with the developers when required to change customer documentation, sections of the website and delivery or client communications.
• Summarise legal advice and document legal projects.
• Advise on account life events (such as incapacities, estates, insolvencies, account freezes or closures).
• Research legal topics and draft legal memos on legal and regulatory requirements applicable to existing and new lines of business.

Skills and Qualifications

• A UK-qualified solicitor with significant experience (ideally at least 7 years of experience) at a law firm, financial institution, financial services regulatory agency, exchange or EU/US authorised broker-dealer.
• Solid academic background.
• Excellent command of English.
• Distinct ability to establish, document and operationalise legal processes.
• Strong conceptual, organisational and analytical skills.
• Dedicated problem solver with a can-do attitude.
• Practical and flexible approach to work.
• Strong command of Excel, Jira and Confluence.

Location and hours:

20 Fenchurch Street, London, EC3M 8AF

9 am – 6 pm, Monday–Friday (Hybrid model)

Benefits:

• Career support and development
• Salary commensurate with experience
• Performance-based discretionary cash bonus scheme
• Discretionary stock grant
• Group Life Assurance cover
• Group Income Protection
• Occupation pension scheme based on Gross earnings
• Hybrid working model*
• Above statutory annual leave, increasing with service
• We currently offer daily company-paid lunch and healthy snack options throughout the day (when working from the office)
• Access to Private Medical Insurance, Dental Plan and/or Health Cash Plan (including dependants) *
• Corporate events
• Travel season ticket loans
• Cycle to work scheme.

*on successful completion of the probation period

Interactive Brokers is an Equal Opportunity Employer committed to offering employees a diverse, equitable and inclusive workplace.

If you have what it takes to become part of our London office team, please apply today!

Interactive Brokers (UK) values in promoting, monitoring, implementing best practices, policies and procedures and culture in adhering to and promoting the FCA Consumer Duty with the organisation.