Associate General Counsel New London, United Kingdom
Associate General Counsel New London, United Kingdom

Associate General Counsel New London, United Kingdom

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join us as an Associate General Counsel, handling legal matters in financial services.
  • Company: Interactive Brokers is a leading global financial services firm known for innovation and technology.
  • Benefits: Enjoy hybrid work, daily lunches, performance bonuses, and health insurance options.
  • Why this job: Be part of a dynamic team in a prestigious London location, shaping financial opportunities.
  • Qualifications: UK-qualified solicitor with 7+ years in financial services or law; strong analytical skills required.
  • Other info: We promote diversity and inclusion, offering a supportive workplace culture.

The predicted salary is between 43200 - 72000 £ per year.

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
  • 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

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
  • 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)
  • 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.

Associate General Counsel New London, United Kingdom employer: Interactive Brokers Group, Inc.

Interactive Brokers is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation meets financial services. With a strong commitment to employee growth, we provide comprehensive career support, competitive benefits including daily lunches and health plans, and a hybrid working model that promotes work-life balance. Join our diverse team and be part of a company recognised as a leader in the industry, dedicated to simplifying financial opportunities for clients worldwide.
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Contact Detail:

Interactive Brokers Group, Inc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Associate General Counsel New London, United Kingdom

Tip Number 1

Familiarise yourself with the latest trends and regulations in financial services, particularly those affecting broker-dealers. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving industry.

Tip Number 2

Network with professionals in the financial services sector, especially those who work in legal roles. Attend industry events or join relevant online forums to connect with potential colleagues and gain insights into the company culture at Interactive Brokers.

Tip Number 3

Brush up on your negotiation skills, as this role involves leading negotiations for framework agreements. Consider role-playing scenarios with a friend or mentor to practice articulating your points clearly and confidently.

Tip Number 4

Demonstrate your technical proficiency by showcasing your experience with Excel, Jira, and Confluence. If possible, prepare examples of how you've used these tools in previous roles to streamline processes or improve documentation.

We think you need these skills to ace Associate General Counsel New London, United Kingdom

UK-qualified solicitor
Experience in financial services
Knowledge of securities and broker-dealer issues
Contract drafting and review
Negotiation skills
Understanding of regulatory requirements
Strong analytical skills
Proficiency in Excel, Jira, and Confluence
Ability to summarise legal advice
Research skills
Problem-solving skills
Excellent command of English
Organisational skills
Flexibility and adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial services and legal matters. Emphasise your familiarity with securities and broker-dealer issues, as well as any specific skills like Excel and PowerPoint.

Craft a Strong Cover Letter: In your cover letter, express your motivation for applying to Interactive Brokers and how your background aligns with the role. Mention specific experiences that demonstrate your ability to draft contractual documentation and lead negotiations.

Showcase Your Problem-Solving Skills: Provide examples in your application that illustrate your problem-solving abilities and your can-do attitude. This is particularly important for a role that involves advising on complex legal issues and client complaints.

Highlight Your Legal Knowledge: Demonstrate your understanding of legal processes and regulatory requirements in your application. Mention any relevant legal topics you have researched or memorandums you have drafted, especially those applicable to financial services.

How to prepare for a job interview at Interactive Brokers Group, Inc.

Know Your Legal Stuff

Make sure you're well-versed in financial services law, especially around securities and broker-dealer issues. Brush up on relevant regulations and be ready to discuss how they apply to the role.

Showcase Your Negotiation Skills

Since you'll be leading negotiations for framework agreements, prepare examples of past negotiations you've successfully handled. Highlight your approach and the outcomes to demonstrate your expertise.

Familiarise Yourself with Technology

Interactive Brokers is known for its cutting-edge technology. Be prepared to discuss your experience with tools like Excel, Jira, and Confluence, and how you can leverage them in your role.

Demonstrate Problem-Solving Abilities

The ideal candidate is a dedicated problem solver. Prepare to share specific instances where you've tackled complex legal issues or client complaints, showcasing your analytical skills and can-do attitude.

Associate General Counsel New London, United Kingdom
Interactive Brokers Group, Inc.
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