Broker-Dealer Regulatory & Enforcement Associate

McDermott Will & Schulte; New York (NY); On-site; USD 180,000 - 240,000; Full time

Job summary

McDermott Will & Schulte seeks an attorney with a substantive focus on broker-dealer regulation to join its regulatory practice in New York. The role involves advising on complex securities matters for leading financial institutions.

You will counsel on Securities Exchange Act obligations, FINRA rules, and related state and federal securities laws, supporting registrations, investigations, and enforcement matters while drafting policies and providing strategic regulatory guidance.

Qualifications

• Substantive focus on broker-dealer regulation.
• Experience with regulatory examinations, inquiries, or enforcement matters preferred.
• Strong knowledge of the Securities Exchange Act of 1934, FINRA rules, and related securities laws.

Responsibilities

• Advise on broker-dealer registration, licensing, and ongoing compliance.
• Draft and review compliance policies and procedures (WSPs).
• Support investigations, regulatory examinations, and enforcement matters involving the SEC and FINRA.
• Analyze regulatory implications for new products and business lines; prepare client memoranda.

Skills

Securities regulation

Broker-dealer compliance

Regulatory examinations

Legal research

Education

Juris Doctor (JD)

Job description

Overview

• The role involves advising broker-dealers, investment banks, and other market participants on a broad range of securities regulatory issues.
• Specific work includes advising on regulatory obligations under the Securities Exchange Act of 1934, FINRA rules, and related state and federal securities laws.
• Key responsibilities encompass assisting clients with broker-dealer registration, licensing, and ongoing compliance; supporting internal investigations, regulatory examinations, and enforcement matters involving the SEC, FINRA, and state securities regulators; drafting and reviewing compliance policies and procedures (WSPs); analyzing regulatory implications for new products and business lines; structuring broker-dealer transactions (e.g., M&A, restructurings); monitoring regulatory developments; and preparing regulatory filings and client memoranda.
• The position offers significant client contact and the opportunity to work on sophisticated, high-profile matters for leading financial institutions.
• Candidates must have a substantive focus on broker-dealer regulation and preferably experience with regulatory examinations, inquiries, or enforcement matters.