IBG LLC Junior Lawyer in London, United Kingdom

Interactive Brokers UK (“IBUK”) is a rapidly growing direct-access electronic trade execution and clearing broker for active traders, institutional investors, financial advisors and introducing brokers. It is increasing its client base, introducing new products and connecting to new markets. The firm is authorized and regulated by the FCA.

IBUK is a subsidiary of the large international financial services group, Interactive Brokers Group, Inc., based in Greenwich, Connecticut USA (NASDAQ: IBKR). The Group employs over 1,000 people worldwide and provides electronic brokerage services to more than 365,000 customers in trading securities, commodities and foreign exchange in 23 currencies on 100+ market centers across 25 countries around the world. By building and operating highly automated systems in all aspects of its business the Group seeks to deliver these services at the lowest possible cost to its clients.

IBUK is looking for a Junior Lawyer to join our rapidly growing company. The key objective of the Junior Lawyer is to assist the IBUK General Counsel in carrying out legal and regulatory work required to support IBUK current and future business initiatives.

The successful candidate will sit in Legal but will have daily interaction with the IBUK Compliance team and other lawyers based in the US.

  • Assisting with regulatory enquiries from the FCA and other EU regulatory authorities as well as UK and EU exchanges.

  • Researching and interpreting existing and forthcoming UK and EU Laws and Regulations.

  • Assisting with regulatory and legal projects such as MiFID II, MiFIR, GDPR and the Senior Managers and Certification Regime.

  • Drafting and assisting with the implementation of firm policies.

  • Drafting agreements, disclosures, account documentation and website materials.

  • Assisting with the drafting of written instructions for programmers and technology staff to respond to new regulations or the launch of new business lines.

  • Assisting IBUK Compliance with customer complaints, including responding to the Financial Ombudsman Service.

  • A UK qualified solicitor or barrister with 2-4 year experience at a law firm, financial services regulatory agency, exchange or FCA authorised broker-dealer.

  • 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.

  • Good oral and written communication skills.

  • Ability to work in a small-team environment and to work independently.

ID: 2017-1613

Department: Legal/Audit

External Company Name: Interactive Brokers Group LLC

External Company URL: www.interactivebrokers.com