E*TRADE Regulatory Attorney, Vice President

We’re seeking someone to join our team as a regulatory lawyer to provide advice and counsel to the Company's Wealth Management business.

The position offers an opportunity to join a leading global financial services firm with work that presents challenging and often unique transactional, operational, and regulatory issues. The Morgan Stanley E
* TRADE Regulatory Attorney will report to the Company's Executive Director, Legal, based in Chicago, IL.

• Support the business in developing and launching new product offerings, advising on compliance with new and existing industry rules and regulations, responding to regulatory inquiries and client issues, and drafting and amending client‑facing agreements, disclosures, and internal governance documentation.
• Provide advice regarding industry rules and regulations and legal and regulatory risks involving retail equities, options, and futures trading, order routing, margin requirements, market data displays, and other aspects of the Company's Wealth Management offering, including the Firm's E
  * TRADE from Morgan Stanley self‑directed digital offering, in particular.
• Providing legal and regulatory support to business and other partners on a wide range of issues relating to retail equities, options, and futures trading.
• Interpreting and advising on SEC, FINRA, CFTC, NFA, and other applicable laws, rules, and regulations.
• Drafting, reviewing, and revising disclosures, DISCLAIMERS, governance documents, marketing, and educational content.
• Advising on development and rollout of new trading products and services.
• Assisting with regulatory inquiries, examinations, and investigations as well as client arbitration and litigation matters.
• Reviewing and updating client agreements, forms, and applications.
• Assessing impact of new and amended industry rules and regulatory developments and contributing to the implementation of and compliance with regulatory changes.
• Responding to client‑ and platform‑related issues.
• Participating in internal working groups and governance forums to provide advice and documentary support.

• The ideal candidate will have 4 or more years at a major law firm, bank, market‑maker, proprietary trading firm, state or Federal financial services agency, and/or self‑regulatory organization with relevant experience and some subject matter expertise in equities, listed options and/or futures trading, SEC, FINRA, CFTC, and NFA rules.
• Undergraduate degree from a 4‑year institution.
• J.D. from an accredited law school, with superior academic credential.
• Member in good standing of a state bar.
• At least 4 years of legal experience in broker‑dealer regulation in the financial services industry, private practice, and/or a relevant regulatory agency or self‑regulatory organization. Experience with self‑directed online digital retail broker‑dealers is a major plus.
• Subject‑matter knowledge of aspects of the Securities Exchange Act of 1934, the Commodity Exchange Act of 1936, FINRA and NFA rules, and Federal Reserve Board Regulation T.
• Highly developed written and oral communication skills.
• Excellent drafting and negotiation skills, and exceptional attention to detail.
• Proven organizational and time‑management skills, including the ability to prioritize multiple assignments, work independently to solve problems, and meet deadlines.
• Strong interpersonal skills to foster teamwork, influence decision‑making, and maintain effective working relationships with internal colleagues and external clients and regulators.
• Ability to identify issues and assist development of remedial enhancements, including with respect to form agreements, policies, procedures, and control processes.
• Ability to work independently and as part of a team.
• Resourcefulness and personal accountability.
• Comfort working collaboratively including with various internal business, technology, operations, compliance, and risk teams and across departments.
• Comfort working in a large organization both in‑person and in virtual settings.

We are committed to maintaining the first‑class service and high standard of excellence that have…