IMC
Legal Counsel
$200K–$250K
Chicago, United States +2 · Full-time · Posted Aug 12, 2026
- Location
- Chicago, United States
New York, United States
New York, United States - Experience
- 8+ years of legal experience.
- Education
- J.D. from an accredited law school; active bar membership required.
- Visa sponsorship
- Immigration sponsorship is not offered for this opening.
About the job
Provides legal counsel across IMC’s business lines and markets, focusing on trading-related agreements, regulatory compliance, and risk management.
What you'll do
- Advise on legal matters across US and London / EUR markets, including prime brokerage, clearing, collateral, and reporting.
- Lead negotiations for prime brokerage, OTC derivatives, securities lending, banking, and related agreements.
- Advise on regulatory compliance and projects, and help Risk, Treasury, and business support teams understand requirements and impacts.
What they ask for
- Meaningful in-house legal experience at a large, complex organization, with a background spanning private practice and in-house environments.
- Strong understanding of OTC derivatives, including ISDA Master Agreements, Securities Lending Documentation, and related regulatory frameworks.
- Track record managing large-scale cross-functional projects and providing clear guidance to senior stakeholders.
- J.D. from an accredited law school and active bar membership.
Nice to have
- Experience at a leading buy-side financial institution, asset manager, or trading firm.
- Familiarity with legal operations tools and technology.
Pay
$200,000 — $250,000 USD (base salary)
Tools
ISDA Master Agreements, Credit Support Annexes
AI focus
Promote opportunities to use AI tools and emerging technologies to improve productivity, streamline workflows, and improve ways of working across Legal and the organization.
Model-written summary · the original posting is authoritative