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We are seeking a Regulatory Compliance Counsel to join our Financial Services team. This role is ideal for attorneys with hands-on experience in banking regulation, margin lending, and financial products compliance. The position focuses on supporting major financial institutions - primarily onsite in New York - across a range of complex regulatory and remediation projects. We are particularly interested in candidates with documented experience on the new Margin Lending rule, as well as those with equipment financing (industrial) experience and exposure to CFTC, SEC, and FINRA compliance.
Job Responsibility:
Advise financial institutions on compliance with federal and state banking regulations, including margin lending (Reg T, Reg U, and FINRA 4210) requirements
Support regulatory remediation and supervisory projects involving consent orders, enforcement actions, and internal compliance reviews
Provide guidance on swap execution facilities (SEFs), alternative trading systems (ATSs), and direct market access (15c3-5) compliance
Collaborate with client legal, risk, and compliance teams to enhance governance frameworks and implement regulatory best practices
Counsel on equipment financing transactions and related industrial lending regulations
Advise on AML, KYC, and client onboarding frameworks for private market and alternative investment managers
Monitor state-regulated industry developments, including insurance compliance obligations
Requirements:
2+ years of experience in financial services regulatory compliance, preferably at or advising banking institutions or regulators
Proven background in margin lending compliance and trading infrastructure regulations (CFTC, SEC, FINRA)
Experience in regulatory remediation projects or bank supervisory roles (OCC, FRB, FDIC experience highly valued)
Strong analytical skills and ability to interpret evolving regulatory guidance
Juris Doctor (JD) and admission to practice in a U.S. jurisdiction
Onsite availability in New York City is required
Nice to have:
Experience with equipment financing and industrial lending transactions
Background in AML/KYC and private funds client onboarding
Familiarity with insurance compliance and state-by-state regulatory analysis
Demonstrated success in cross-functional regulatory projects