Assistant General Counsel, Derivatives

Quick Facts

• Role: Assistant General Counsel, Derivatives (Regulatory Legal)
• Focus: CFTC/SEC regulation for futures, prediction markets, securities, and broker-dealer/futures commission merchant issues
• Work model: In-person attendance expected at least 3 days per week (Menlo Park, CA; New York, NYC; Washington, DC offices)

Description

Advise the business on complex regulatory frameworks to help design and launch innovative financial products. Draft and update policies, procedures, disclosures, agreements, and account documentation, while monitoring and responding to CFTC/SEC and SRO rule changes. Collaborate across Product, Engineering, Compliance, litigation, and government affairs, and engage with regulators including CFTC, SEC, NFA, and FINRA.

Responsibilities

• Navigate complex regulatory frameworks to support innovative financial products and services
• Identify and draft changes to firm systems and procedures to meet new rule/regulation requirements
• Engage with regulators and other external parties, including CFTC, SEC, NFA, and FINRA
• Draft agreements, policies, procedures, disclosures, account documentation, and website materials
• Resolve account issues related to estates, bankruptcies, powers of attorney, and related matters
• Monitor CFTC/NFA, SEC/FINRA, and SRO rule developments and provide recommendations
• Research prediction market, futures, securities, and brokerage questions and provide legal analysis
• Partner cross-functionally with litigation, compliance, product, and government affairs

Requirements

• J.D. degree (or foreign equivalent) and membership in at least 1 U.S. state bar
• 7+ years of legal practice, including in-house experience, specializing in CFTC and/or SEC regulatory law
• Knowledge of futures commission merchant and/or broker-dealer rules and regulations
• Experience at a federal or state financial regulatory agency
• Track record of developing practical solutions to novel problems
• Exceptional project management and communication skills
• Experience with technology or start-ups, and interest in prediction markets
• Adaptability and ability to handle ambiguity and shifting priorities

Benefits

• Performance-driven compensation with multipliers for outsized impact, bonus programs, equity ownership, and 401(k) matching
• Top-tier benefits, including 100% paid health insurance for employees with 90% coverage for dependents
• Access to an employee fund to invest in a private employee fund with exposure to Robinhood Ventures funds
• Access to AI tools and continuous AI skill-building
• Flexible benefits spending account (“Lifestyle wallet”) for wellness and learning
• Employer-paid life & disability insurance, fertility benefits, and mental health benefits
• Paid time off, sick time, parental leave, and company holidays
• Catered meals, events, and comfortable workspaces