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Financial Services, Proprietary Trading, FinTech

Legal Counsel

Chicago, ILOnsiteFull Time$170,000–$230,000 /yrPosted 1 month agoVisa sponsorship available

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Required skills

  • Juris Doctorate
  • Illinois bar
  • in-house experience
  • corporate law
  • entity structures
  • cost allocations
  • transfer pricing
  • tax issues
  • financial services
  • trading company

Nice to have

  • SAS
  • proprietary trading

Role summary

IMC is seeking a Legal Counsel with 5 years of experience to provide in-house corporate legal support for its international proprietary trading organization. The role focuses on corporate law, entity formation, transactions, intracompany dealings, and tax matters, with additional support for commercial contract review. Responsibilities include drafting and negotiating agreements, advising on corporate structure, collaborating with Finance on tax implications, and ensuring legal/regulatory compliance. The ideal candidate possesses strong business judgment, excellent research, drafting, and communication skills, and the ability to work independently and collaboratively.

IMC seeks a Legal Counsel (5 years’ experience) to provide in-house corporate legal support in the U.S. for a multi-entity international proprietary trading organization. This position primarily focuses on researching, drafting, and offering legal advice as it relates to corporate law, entity formation, corporate transactions, intracompany dealings, and tax matters. This position also will provide general commercial contract review support as needed.

Your Core Responsibilities:

  • Review, draft, and negotiate, intracompany agreements related to a wide variety of matters including, among other things, services, cost allocations, transactions, credit, and resource sharing.
  • Provide advice on corporate law and organizational structure.
  • Work with members of the Finance team to provide support on tax implications related to the various entities’ structures and activities.
  • Partner closely with Finance and other internal cross-functional teams to support business objectives while ensuring appropriate legal and regulatory safeguards are maintained.
  • Research and prepare legal memoranda on matters related to intracompany transactions, tax issues, corporate actions, corporate law, or any other topics as needed.
  • Review, draft, and negotiate contracts, including vendor agreements, trading agreements, technology agreements (e.g., SAS), consulting agreements, NDAs, leases, and other business, corporate, and legal arrangements.

    • Your Skills & Experience:

  • Candidate must have a Juris Doctorate and top academic credentials; must be a member in good standing of the Illinois bar.
  • 5 years in-house experience with concentration in corporate law, entity structures, cost allocations/transfer pricing, and a general understanding of related tax issues, preferably in a financial services, trading, or technology company setting.
  • Strong business judgment and decision-making skills, with the ability to provide advice that reflects an understanding of IMC’s business, commercial objectives, the regulatory environment, and risk-reward tradeoffs.
  • The ideal candidate will be able to work independently under tight deadlines and possess excellent organizational and interpersonal skills.
  • Excellent research, drafting, and communication skills, including the ability to clearly convey legal concepts to non-legal stakeholders both verbally and in writing.
  • Candidate must be willing to demonstrate leadership as necessary to bring stakeholders across various teams together to set clear expectations and ensure a project’s timely completion.
  • Collaborative and effective in building relationships across diverse teams.

    • Please note that immigration sponsorship is not offered for this specific opening.

    The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.

    Salary Range$170,000—$230,000 USD

    About Us

    IMC is a research-driven trading firm where quantitative modeling, machine learning, and engineering shape how modern markets are traded. A stabilizing force in markets since 1989, we provide liquidity across trading venues, delivering the best outcome in value and risk management to investors. Using our own technology and capital, we build proprietary systems and algorithms that operate across global markets. Our researchers, traders, and engineers work as a collective, combining rapid experimentation, advanced infrastructure, and real-time feedback to turn insight into execution and execution into advantage.

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