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Jobs · OTHR · New York

Director - Futures Commission Merchant (FCM)

Crypto.com · New York, United States · 6 days ago
HybridOTHRFull-time

We are seeking an experienced, strategic Director to lead the compliance function for our registered Futures Commission Merchant (FCM). This role will build, execute, and maintain a regulatory compliance program aligned with the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) as prediction markets and event contracts emerge as a core modern asset class.

About the role

The FCM Director will serve as the primary liaison to regulatory authorities, ensure adherence to 17 CFR § 3.3 statutory duties, oversee market surveillance for event contracts, and partner directly with Product, Engineering, and Operations teams to build scalable, automated controls in a fast-paced fintech environment. The FCM Director will report to the Chief Compliance Officer, Crypto Derivatives North America & Board of Directors.

Responsibilities

  • Regulatory Governance & Mandatory Reporting
    • Design, implement, and maintain a compliance program meeting all requirements under the Commodity Exchange Act (CEA), CFTC regulations (including 17 CFR Part 1, Part 3, and Part 166), and NFA rules
    • Author and submit the mandatory Annual Report to the CFTC and the Board of Directors pursuant to 17 CFR § 3.3
    • Serve as the primary point of contact for the CFTC and NFA during examinations, audits, inquiries, and regulatory filings
    • Advise executive leadership and the Board of Directors on regulatory developments, rule changes, and compliance risks related to event contracts and prediction markets
  • Prediction Market & Trade Surveillance
    • Establish and oversee a comprehensive market surveillance program to detect, investigate, and prevent market manipulation, spoofing, wash trading, insider trading, or abusive trading practices in event contract markets
    • Establish protocols to manage novel regulatory issues unique to prediction markets, including contract outcome settlement verification, governance on event determination, and restrictions on trading by prohibited insiders or conflicted parties
    • Monitor order flow, account activities, and position limits across customer accounts in real time
  • Financial Crimes, AML & Customer Onboarding
    • Oversee the FCM’s Anti-Money Laundering (AML), Know Your Customer (KYC), and Customer Identification Program (CIP) policies in accordance with the Bank Secrecy Act (BSA) and NFA Rule 2-9
    • Direct transaction monitoring, sanctions rescreening (OFAC), risk rating methodologies, and suspicious activity reporting (SARs)
    • Maintain customer protection frameworks, including rules governing the segregation of customer funds (CFTC § 1.20) and capital adequacy monitoring
  • Operations, Product & Technical Integration
    • Collaborate with Product, Engineering, and Operations teams to embed automated compliance and surveillance controls into platform workflows
    • Review and approve promotional materials, marketing collateral, website content, and disclosures in compliance with NFA Rule 2-29
    • Oversee complaint handling, customer communications, recordkeeping, and supervisory controls under NFA Rule 2-9

Requirements

  • 5+ years of senior compliance experience within a CFTC-regulated entity (FCM, DCM, DCO, or Swap Dealer) or financial regulatory agency (CFTC, NFA, SEC, FINRA)
  • Deep understanding of the Commodity Exchange Act (CEA), CFTC regulations, NFA rules, and standard derivatives market structures
  • Hands-on experience designing and operating compliance monitoring, AML/KYC workflows, and market surveillance programs
  • Bachelor’s Degree in Finance, Business, Law, or a related field (J.D. or Master’s degree preferred)

Preferred Qualifications

  • Prior registration or qualification to serve as an FCM Chief Compliance Officer under 17 CFR § 3.3

Life at Crypto.com

  • Empowered to think big, try new opportunities while working with a talented, ambitious, and supportive team
  • Transformational and proactive working environment where employees are encouraged to find thoughtful and innovative solutions
  • Growth from within, with opportunities to develop new skill-sets that shape personal and professional growth
  • Collaborative work culture with colleagues who are some of the best in the industry, supporting one another
  • One cohesive team working toward the ultimate goal: Cryptocurrency in every wallet
  • Flexible work hours and hybrid work setup
  • Internal mobility program offering employees diverse career alternatives and new scopes

Benefits

  • Competitive salary
  • Attractive annual leave entitlement including birthday and work anniversary leave
  • 401(k) plan with employer match
  • Eligible for company-sponsored group health, dental, vision, and life/disability insurance
  • Flexible work hours and hybrid work setup
  • Internal mobility program offering diverse career scopes

About Crypto.com

Founded in 2016, Crypto.com serves more than 150 million customers and is the world's fastest-growing global cryptocurrency platform. Our vision is simple: Cryptocurrency in Every Wallet™. Built on a foundation of security, privacy, and compliance, Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.

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