About the Role
You will own the end to end post trade clearing function for a derivatives exchange serving as the primary interface with external clearinghouses, clearing members, and FCM counterparties. You will lead relationships with external clearinghouses, clearing members, FCM counterparties, and regulators ensuring timely resolution of clearing issues. You will drive the development and continuous improvement of clearing procedures, controls, and risk frameworks to meet regulatory standards across listed derivatives, options, and prediction markets. You will partner with Product and Engineering to ensure clearing infrastructure supports new product launches through operational readiness testing and mock day exercises. You will build and scale a high performing clearing operations team, establishing KPIs, SLAs, workflows, and succession plans that grow with the organization. You will support regulatory filings, DCO/FCM governance requirements, and audit responses as the subject matter expert in clearing operations.
Requirements
- 7+ years of experience in clearing operations at a CFTC regulated exchange, clearinghouse, FCM, or comparable institution with direct experience at a CFTC registered DCO DCM or FCM in a clearing or post-trade capacity
- Deep expertise in the full trade lifecycle for CFTC regulated derivatives clearing settlement margining default management position reconciliation and delivery across listed futures options on futures and prediction markets
- Proven experience managing relationships with industry clearinghouses and utilities (e.g. CME Clearing ICE Clear U S OCC) and overseeing clearing member and FCM counterparty obligations
- Track record of building and leading teams responsible for operationally critical functions with demonstrated ability to establish scalable processes controls and risk frameworks
- Strong working knowledge of CFTC regulations DCO rulebook requirements and FCM obligations with experience contributing to regulatory filings and audits
- Uses generative AI responsibly maintaining human oversight to deliver business ready outputs and drive measurable improvements in workflow efficiency cost and quality
Responsibilities
- Own day-to-day clearing, settlement, margining, and position reconciliation across the clearing function, including incident management and escalation with Engineering Risk Legal and Compliance and external counterparties
- Lead relationships with external clearinghouses, clearing members, FCM counterparties, and regulators, ensuring timely resolution of clearing issues and strong institutional partnerships
- Drive the development and continuous improvement of clearing procedures, controls, and risk frameworks to meet regulatory standards across listed derivatives, options, and prediction markets
- Partner with Product and Engineering to ensure clearing infrastructure supports new product launches through operational readiness testing and mock day exercises
- Build and scale a high performing clearing operations team, establishing KPIs, SLAs, workflows, and succession plans that grow with the organization
- Support regulatory filings DCO FCM governance requirements and audit responses as the subject matter expert in clearing operations
Benefits
- Equity and bonus eligibility
- Medical dental and vision benefits
- 401(k) retirement plan
- Remote work options