The Position
We are seeking a Compliance, Examinations & Regulatory Governance Manager to oversee the Exchange's participant compliance program, rulebook governance, and regulatory framework. This role ensures that market participants adhere to applicable Exchange rules and regulatory requirements while maintaining a robust compliance program aligned with CFTC Core Principles.
This position plays a critical role in supporting the Exchange's obligations related to participant oversight, recordkeeping, and regulatory reporting. Reporting directly to the Chief Compliance Officer (CCO) / Chief Regulatory Officer (CRO), you will operate independently from commercial functions to ensure the integrity of our regulatory framework.
Responsibilities
- Conduct risk-based reviews and examinations of market participants, including Futures Commission Merchants (FCMs) and other intermediaries.
- Assess participant compliance with applicable regulatory requirements, including supervisory and risk management frameworks (e.g., CFTC Regulation 1.11 and National Futures Association Rule 2-9).
- Evaluate internal controls, governance structures, and escalation procedures of participants.
- Identify compliance deficiencies and recommend corrective actions.
- Maintain documentation of examination findings and follow-up activities.
- Oversee compliance standards and requirements for onboarding new participants.
- Ensure appropriate documentation, certifications, and representations are obtained and maintained.
- Monitor ongoing participant obligations and periodic attestations.
- Coordinate with internal stakeholders to ensure consistent application of eligibility and compliance standards.
- Manage updates to the Exchange rulebook, compliance manual, and related policies and procedures.
- Coordinate internal and external review of rule changes, including regulatory submissions where applicable.
- Administer participant certifications and acknowledgments related to rulebook adherence.
- Ensure policies and procedures are reviewed and updated on at least an annual basis.
- Oversee the Exchange's audit trail review program to ensure completeness, accuracy, and retrievability of required records.
- Conduct periodic and annual reviews of audit trail data and associated controls.
- Coordinate with surveillance and technology teams to address data integrity issues.
- Ensure compliance with applicable recordkeeping requirements.
- Coordinate preparation of regulatory reports and filings to the CFTC and other applicable regulators.
- Support development of materials for the Board of Directors and Regulatory Oversight Committee (ROC).
- Maintain documentation supporting compliance with applicable Core Principles.
- Assist in preparation of the CRO Annual Compliance Report.
- Maintain and enhance the Exchange's overall compliance framework.
- Ensure alignment between written policies and actual practices.
- Track regulatory developments and assess impact on Exchange rules and procedures.
- Support internal training and awareness related to compliance obligations.
Your Background
- Proven experience in exchange compliance, FCM oversight, regulatory examinations, or similar roles within derivatives markets.
- Strong working knowledge of the CFTC regulatory framework, Core Principles, and FCM supervisory requirements.
- Direct experience with regulatory reporting, rulebook governance, and the development of complex compliance policies.
- Ability to apply a risk-based approach to oversight with strong judgment and independence in assessing regulatory matters.
- Strong analytical, organizational, and documentation skills.
- Exceptional communication skills with the ability to engage effectively with internal stakeholders and regulators.
Nice to Have
- Experience in sports trading or prediction markets.
Perks
- Medical, Dental, and Vision Benefits: Company pays 100% Employee premium and 50% Spouse & Dependent premiums
- Short- & Long-Term Disability; Group Term Life and AD&D; Voluntary Life and AD&D
- 401(k) Plan
- Flexible time off
- MacBooks issued to all employees
