DRW Logo

DRW

Senior Regulatory Counsel

Posted 6 Days Ago
Be an Early Applicant
Hybrid
Chicago, IL
Senior level
Hybrid
Chicago, IL
Senior level
The Senior Regulatory Counsel will provide legal and regulatory advice, strategic direction, and collaborate with various teams on cryptoasset initiatives.
The summary above was generated by AI

Cumberland - a DRW Company, is the cryptoasset arm of DRW, established in 2014 after pursuing an early interest in cryptoassets and their underlying technologies. Today, Cumberland is a global leader in cryptoassets, uniquely positioned between the traditional financial markets and the cryptoasset ecosystem. From our offices in Chicago, London and Singapore, Cumberland provides 24-hour access to a wide array of cryptoassets while helping the crypto ecosystem evolve in a responsible, sustainable way.

We are currently seeking a Senior Regulatory Counsel to join our global legal team and work on a wide variety of regulatory and strategic matters. This role will be located in either Chicago or Washington D.C.

Core Duties:

  • Regulatory Counsel: Provide practical, risk-weighted legal and regulatory advice to the Cumberland team in connection with new business opportunities and day-to-day operations.
  • Strategic Direction: Provide thought leadership and strategic direction on innovative Cumberland initiatives, including on-exchange and over-the-counter trading, venture capital investments and strategic partnerships. Work directly with Cumberland’s executive team to structure and develop cutting-edge opportunities in the crypto space.
  • Project Execution: Collaborate across functional groups within Cumberland and DRW globally to drive strategic objectives, including internal legal colleagues, outside counsel, tax, HR, accounting, treasury and trading operations.

Required Skills and Experience:

  • J.D. from an accredited law school and admission to a state bar
  • 6+ years of legal experience with a focus on financial laws and regulations
  • Experience analyzing legal and regulatory issues relating to cryptoassets
  • Understanding of U.S. regulatory regimes applicable to cryptoasset trading (SEC, CFTC, NYDFS, AML)
  • Some experience with non-U.S. cryptoasset regulatory matters is a plus
  • Must be comfortable working independently in a fast-paced environment
  • Ability to effectively communicate at all levels of the firm and across all functional group

The annual base salary range for this position is $200,000 to $300,000, depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus.  In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

#LI-DW1

Top Skills

Aml
Cftc
Nydfs
Sec
HQ

DRW Chicago, Illinois, USA Office

DRW Chicago Office Office

Situated in Chicago's thriving West Loop, our HQ is convenient for Metra and CTA riders alike - and foodies looking for a bite on "Restaurant Row."

Similar Jobs at DRW

7 Hours Ago
Hybrid
Chicago, IL, USA
Junior
Junior
Fintech • Financial Services
The Procurement Analyst will manage IT hardware purchasing, vendor management, procurement lifecycle, and data reconciliation while collaborating with teams to improve processes.
Top Skills: It HardwareJIRAMS OfficeServicenowWrike
Yesterday
Hybrid
Chicago, IL, USA
85K-110K
Mid level
85K-110K
Mid level
Fintech • Financial Services
As a Desktop Systems Engineer, you'll provide end-user support, build and configure workstations, troubleshoot systems, and drive technology innovation.
Top Skills: Memcm,Sccm,Windows 10,Group Policy,Powershell,Intune,Mobile Device Management,Macos,Linux,Windows Server,Active Directory
Yesterday
Hybrid
Chicago, IL, USA
Mid level
Mid level
Fintech • Financial Services
The Risk Manager at DRW will monitor trading portfolios, define risk frameworks, communicate risks, and report to senior management while enhancing risk management tools.
Top Skills: PythonRSQLVBA

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account