Legal Counsel

IMC

Chicago, ILFull-time$170–230K/yrPosted 1mo agoStill listed today

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At a glance

Compensation
$170–230K/yr
Location
Chicago, IL
Schedule
Full-time
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Requirements

Credentials this posting asks for.

Illinois Bar MembershipDoctorate

Job overview

IMC seeks a Legal Counsel to provide in-house corporate legal support in the U.S. for its international proprietary trading organization. The role focuses on corporate law, entity formation and structures, corporate transactions, intracompany dealings, and tax matters, with general commercial contract review as needed. The counsel will work with Finance and other internal teams and support business objectives while maintaining legal and regulatory safeguards.

Skills & qualifications

RequiredNice to have

Skills

Corporate LawEntity StructuresCost AllocationsTransfer PricingTax IssuesBusiness JudgmentDecision-MakingIndependent WorkOrganizational SkillsInterpersonal SkillsLegal ResearchLegal DraftingCommunicationLeadershipCollaborationRelationship Building

Qualifications

Juris DoctorateIllinois Bar Membership5 Years in-House Experience

Benefits

Paid Time Off
Medical Insurance

Full job description

IMC seeks a Legal Counsel (5 years’ experience) to provide in-house corporate legal support in the U.S. for a multi-entity international proprietary trading organization. This position primarily focuses on researching, drafting, and offering legal advice as it relates to corporate law, entity formation, corporate transactions, intracompany dealings, and tax matters. This position also will provide general commercial contract review support as needed.

Your Core Responsibilities:

  • Review, draft, and negotiate, intracompany agreements related to a wide variety of matters including, among other things, services, cost allocations, transactions, credit, and resource sharing.

  • Provide advice on corporate law and organizational structure.

  • Work with members of the Finance team to provide support on tax implications related to the various entities’ structures and activities.

  • Partner closely with Finance and other internal cross-functional teams to support business objectives while ensuring appropriate legal and regulatory safeguards are maintained.

  • Research and prepare legal memoranda on matters related to intracompany transactions, tax issues, corporate actions, corporate law, or any other topics as needed.

  • Review, draft, and negotiate contracts, including vendor agreements, trading agreements, technology agreements (e.g., SAS), consulting agreements, NDAs, leases, and other business, corporate, and legal arrangements.

Your Skills & Experience:

  • Candidate must have a Juris Doctorate and top academic credentials; must be a member in good standing of the Illinois bar.

  • 5 years in-house experience with concentration in corporate law, entity structures, cost allocations/transfer pricing, and a general understanding of related tax issues, preferably in a financial services, trading, or technology company setting.

  • Strong business judgment and decision-making skills, with the ability to provide advice that reflects an understanding of IMC’s business, commercial objectives, the regulatory environment, and risk-reward tradeoffs.

  • The ideal candidate will be able to work independently under tight deadlines and possess excellent organizational and interpersonal skills.

  • Excellent research, drafting, and communication skills, including the ability to clearly convey legal concepts to non-legal stakeholders both verbally and in writing.

  • Candidate must be willing to demonstrate leadership as necessary to bring stakeholders across various teams together to set clear expectations and ensure a project’s timely completion.

  • Collaborative and effective in building relationships across diverse teams.

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 $170,000—$230,000 USD

About Us

IMC is a research-driven trading firm where quantitative modeling, machine learning, and engineering shape how modern markets are traded. A stabilizing force in markets since 1989, we provide liquidity across trading venues, delivering the best outcome in value and risk management to investors. Using our own technology and capital, we build proprietary systems and algorithms that operate across global markets. Our researchers, traders, and engineers work as a collective, combining rapid experimentation, advanced infrastructure, and real-time feedback to turn insight into execution and execution into advantage.

How this job compares

Set against the 2,777 open Legal Counsel jobs on Olive Jobs, counted November 4, 2026.

Pay
  • This posting$170–230K/yr
  • Illinois median$170–230K/yr81 salary ranges
  • US median$152–230K/yr2,076 salary ranges

This range's midpoint, $200K, is close to the Illinois median midpoint ($195K) — in the middle half of Legal Counsel salary ranges in Illinois.

Openings
Olive Jobs lists 100 open Legal Counsel jobs in Illinois and 2,777 across the US. 10% of them nationwide are listed as remote or flexible.
Hiring the most in Illinois
Experience
This posting asks for at least 5 years of experience; Legal Counsel postings that state a minimum ask for 5 years at the median (2,461 postings).
Education
This posting asks for a doctorate or professional degree; 2,009 of the 2,777 open Legal Counsel jobs (72%) ask for a doctorate or professional degree.

Counted across the open, public US postings on Olive Jobs on November 4, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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