Senior Regulatory Counsel

A Senior Regulatory Counsel at DRW is responsible for providing practical legal and regulatory advice related to new business opportunities and everyday operations. The role also emphasizes strategic direction on initiatives within Cumberland, covering regulatory compliance, on-exchange and over-the-counter trading, and partnerships. Collaboration with various functional groups within DRW is crucial to ensure the successful execution of these strategic projects.

To qualify for the Senior Regulatory Counsel position at DRW, candidates must hold a J.D. from an accredited law school and be admitted to a state bar. Additionally, a minimum of 6 years of legal experience with a significant focus on financial laws and regulations is required, along with knowledge of cryptoasset regulations specific to the U.S. Understanding international regulatory issues is advantageous.

The annual base salary for the Senior Regulatory Counsel role at DRW ranges from $200,000 to $300,000, depending on the candidate's experience, qualifications, and relevant skills. Moreover, the position is eligible for an annual discretionary bonus, enhancing the overall compensation package.

DRW offers a comprehensive benefits suite for employees in the Senior Regulatory Counsel position, including group medical, pharmacy, dental, and vision insurance. Employees are also eligible for a 401k plan with a discretionary employer match, short and long-term disability insurance, life and AD&D insurance, health savings accounts, and flexible spending accounts, ensuring a holistic approach to employee well-being.

At DRW, a Senior Regulatory Counsel can expect a fast-paced and dynamic work environment that values autonomy and innovation. The culture encourages open communication across all levels of the firm, facilitating collaboration with various teams. This environment fosters opportunities for personal and professional growth as the firm continues to adapt and thrive in a rapidly evolving financial landscape.

In your answer, specify particular financial regulations you have worked with, highlight key projects, and discuss how your expertise can help DRW navigate these laws effectively in the cryptoasset space.

Discuss a proactive strategy you’ve implemented that allowed you to stay ahead of regulatory changes, emphasizing research, engagement with industry groups, and adaptability.

Share examples of successful cross-functional projects you've led. Highlight your communication skills and ability to build relationships across departments to achieve common objectives.

Demonstrate your analytical skills by outlining a clear framework for analyzing the issue, providing potential solutions, and anticipating stakeholder concerns.

Provide an overview of the SEC, CFTC, and other relevant bodies, expanding on their roles and regulations affecting crypto trading. Show your awareness of the nuances involved.

Use the STAR method (Situation, Task, Action, Result) to explain the scenario, your strategic response, and the outcome, underlining your ability to manage high-pressure situations.

Discuss your knowledge of AML regulations, focusing on key compliance measures applicable to crypto trading. Highlight your experience in applying these regulations in practice.

Mention specific resources, publications, or organizations you follow to keep abreast of legal developments, and emphasize your commitment to ongoing education in this area.

Illustrate how effective legal counsel can guide strategic decision-making, enable compliant market opportunities, and ultimately contribute to the firm's growth and reputation in the crypto market.

Share specific examples demonstrating your ability to distill complex legal jargon into clear language that stakeholders can understand, emphasizing effective communication as a key competency.