Director - Futures Commission Merchant (FCM)

About the role

In this role, you will be responsible for ensuring that Crypto.com’s Futures Commission Merchant adheres to regulatory standards. This includes designing compliance programs, overseeing market surveillance, and managing financial crime prevention measures. Your expertise will directly influence the company's ability to navigate complex regulatory landscapes.

You will work closely with executive leadership and various teams, including Product and Engineering, to integrate compliance controls into workflows. Success in this position means effectively preventing market manipulation, ensuring customer protection, and maintaining adherence to financial regulations.

The salary for this role ranges from $165,000 to $275,000, reflecting the seniority and responsibilities involved.

Who this role suits

• You have a strong background in compliance within CFTC-regulated environments.
• You are detail-oriented and able to navigate complex regulatory frameworks.
• You possess excellent communication skills for advising leadership and handling regulatory inquiries.
• You thrive in a collaborative environment, working with cross-functional teams to implement compliance measures.

From the employer

Responsibilities:

1. 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.

2. 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.

3. 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.

4. 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.

Required Experience:

• 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.
• Preferred: Prior registration or qualification to serve as an FCM Chief Compliance Officer under 17 CFR § 3.3
• Bachelor’s Degree in Finance, Business, Law, or a related field (J.D. or Master’s degree preferred).

Benefits:

• Competitive salary
• Attractive annual leave entitlement including: birthday, work anniversary
• 401(k) plan with employer match
• Eligible for company-sponsored group health, dental, vision, and life/disability insurance
• Work Flexibility Adoption. Flexi-work hour and hybrid set-up
• Aspire career alternatives through us. Our internal mobility program can offer employees a diverse scope.