Overview
This role involves serving as Corporate Counsel supporting a newly established regulated business focused on designated contract markets. The position requires providing strategic legal guidance on the development and operation of regulated exchange and clearing initiatives. The legal work will intersect financial markets, technology, and product development to build the legal foundation for a regulated prediction marketplace.
Responsibilities
- Act as the primary legal advisor for the designated contract market and related regulated exchange and clearing projects.
- Provide legal and regulatory advice under the Commodity Exchange Act and Commodity Futures Trading Commission regulations.
- Draft, review, and maintain exchange rules, policies, governance documents, and other legal materials supporting regulated market infrastructure.
- Guide regulatory filings, rule submissions, and other compliance matters for ongoing operations.
- Collaborate with Product, Engineering, Market Operations, Compliance, Finance, IT, and other teams to support regulated product development and launch.
- Monitor legislative, regulatory, and industry developments affecting derivatives markets and advise internal stakeholders on emerging risks and opportunities.
- Manage outside counsel and coordinate specialized legal support as needed.
- Develop practical legal guidance, scalable processes, and internal resources to enable business teams to make informed, compliant decisions.
Requirements
- Juris Doctorate degree from an accredited institution with strong academic credentials.
- Minimum of five years of legal experience, ideally including a combination of law firm, in-house, or government/regulatory roles.
- Experience advising on financial services regulation, derivatives markets, exchange regulation, or other highly regulated industries.
- Proven ability to analyze complex regulatory frameworks and deliver practical, business-focused legal advice.
- Excellent written and verbal communication skills, capable of explaining complex legal concepts to technical and non-legal audiences.
- Demonstrated curiosity, sound judgment, and a thoughtful approach to novel legal and regulatory challenges.
- Collaborative mindset, strong ownership, and ability to thrive in a fast-paced environment supporting innovative products.
Preferred Qualifications
- Experience advising a Designated Contract Market, Derivatives Clearing Organization, futures commission merchant, broker-dealer, exchange, or financial regulatory agency.
Compensation & Benefits
- US base salary range: $160,800 to $201,000 annually.
- Additional compensation includes bonus, equity, and benefits as applicable.
- Salary range varies by role, level, and location; individual pay is determined by work location, skills, experience, and education.
Location & Additional Information
- The employer is a publicly traded technology company headquartered in Boston.
- Employment may require obtaining a gaming license issued by the appropriate state agency.
- The organization will provide guidance through the licensing process if applicable.
- Compliance with state laws regarding employment conditions, including prohibitions on lie detector tests, is observed.