Senior Commercial Attorney

We are looking for a Senior Commercial Attorney with 12+ years of legal experience to join our team. In this role, you will lead a group of legal professionals in reviewing and negotiating procurement-related contracts, while also addressing complex financial services industry and/or trading related agreements. The ideal candidate will bring a strong background in commercial law and possess expertise in tax, corporate, or industry-specific matters. Additionally, the candidate should have the ability to draft and refine standard contract templates for industry-related agreements and actively work on cross-functional projects.
Your Core Responsibilities:

• Team Leadership & Management:

• Mentor and lead a team of legal professionals in the procurement contract lifecycle, providing strategic guidance and ensuring the team adheres to best practices in contract review and negotiation.

• Contract Review & Negotiation:

• Draft, review, and negotiate a wide range of procurement-related contracts such as hardware purchase agreements, master service agreements (MSAs), software licensing agreements and non-disclosure agreements.
• Analyze and negotiate complex commercial and financial services industry agreements, such as market data agreement, co-location agreements, client agreements, and broker agreements, ensuring alignment with the firm's business objectives.
• Develop, update, and maintain standardized contract templates for industry-specific agreements to streamline processes and mitigate risk.
• Develop, implement, and maintain policies and procedures to optimize contract management and legal processes.

• Cross-Functional Collaboration & Project Leadership:

• Work closely with departments such as Finance, Procurement, Technology, and other members of the U.S. and global Legal teams to identify and mitigate legal and regulatory risks.
• Lead and contribute to cross-functional projects that drive process improvements, optimize operations, and enhance legal and business outcomes.

• Risk Management & Dispute Resolution:

• Identify potential legal risks and proactively provide solutions.
• Manage disputes and liaise with external counsel as necessary to safeguard the firm's interests.
• Act as escalation point for contract negotiations and disputes with vendors

Your Skills and Experience:

• Educational Background:

• Juris Doctor (JD) from an accredited law school.
• Admission to practice law in Illinois (or ability to obtain admission promptly).

• Professional Experience:

• Minimum of 12 years of relevant legal experience, with a focus on commercial and procurement-related contracts.
• Demonstrated experience in drafting, negotiating, and managing complex agreements in a corporate or financial services setting.

• Technical & Interpersonal Skills:

• Strong leadership and team management abilities.
• Excellent negotiation, communication, and analytical skills.
• Proficiency in using contract lifecycle management systems or similar tools.

• Specialized Expertise:

• Experience reviewing and negotiating complex industry-related agreements.
• Background or familiarity with tax, corporate law, or industry-specific regulatory frameworks is highly desirable.
• Proven ability to draft and refine standardized contract templates tailored to industry-specific needs.
• Experience working on cross-functional projects.
• Experience mentoring or managing other legal professionals in an in-house environment is preferred.

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
$180,000 - $235,000 USD
About Us
IMC is a leading global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we've been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, and Asia Pacific, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.