Broker-Dealer Regulatory Associate

McDermott Will & Schulte; New York (NY); On-site; USD 212,000 - 259,000; Full time

Benefits offered by this job

Wellness program

Generous compensation

Award-winning culture

Top workplace awards

Job summary

McDermott Will & Schulte's Financial Institutions Group in New York seeks an Associate with 3+ years' experience advising broker-dealers and other financial services clients on regulatory matters. You will work with partners on a broad spectrum of securities regulatory issues affecting market participants.

The role offers substantial client contact and exposure to high-profile matters for leading institutions, with opportunities to develop deep regulatory expertise and cross‑practice

Qualifications

• Minimum of three years of relevant experience at a law firm, regulatory agency, or in-house at a financial institution with broker-dealer focus.
• Strong working knowledge of the Securities Exchange Act of 1934, FINRA rules, and related SEC regulations.
• Experience with regulatory examinations, inquiries, or enforcement matters is preferred.
• Excellent academic credentials and superior drafting, analytical, and communication skills.

Responsibilities

• Advise broker-dealers, investment banks, and other financial institutions on regulatory obligations under the 1934 Act and related laws.
• Assist with broker-dealer registration, licensing, and ongoing compliance.
• Support investigations, examinations, and enforcement matters with regulators.
• Draft and review compliance policies, WSPs, and supervisory procedures.
• Analyze new products and business lines for regulatory implications.
• Assist in structuring broker-dealer transactions, including M&A and restructurings.
• Monitor regulatory developments and prepare client memoranda and filings.
• Collaborate with partners and cross-practice teams on client matters.

Skills

Broker-dealer regulation

Securities regulations

Regulatory compliance

Drafting & communication

Client service

Education

J.D. from an accredited law school

Job description

McDermott Will & Schulte's Financial Institutions Group in New York seeks an Associate with 3+ years' experience advising broker-dealers and other financial services clients on regulatory matters. You will work with partners on a broad spectrum of securities regulatory issues affecting market participants.

The role offers substantial client contact and exposure to high-profile matters for leading institutions, with opportunities to develop deep regulatory expertise and cross‑practice