# Director of Compliance

**Company:** [Electronx](https://hotfix.jobs/companies/electronx)
**Location:** Chicago, IL
**Role:** Legal
**Salary:** $170k – $200k/yr
**Experience:** 8+ years
**Skills:** Cftc Regulations, Trade Surveillance, Eventus/Validus, Regulatory Reporting, Parts 16 And 17, Parts 38 And 39, Fix Protocol, Aml/Cip/Kyc, Regulatory Correspondence, Cftc Examinations
**Posted:** 2026-06-24

> Hands-on compliance leader managing trade surveillance, CFTC regulatory inquiries, and cross-functional compliance operations at a CFTC-regulated DCM/DCO exchange. Requires 8-12 years of experience with CFTC-regulated entities and strong knowledge of Parts 38, 39, 16, and 17.

## Job Description

## Exchange & Clearinghouse Compliance Operations
- Own day-to-day compliance monitoring and program execution across EXI’s DCM and DCO regulatory obligations under CFTC Parts 38 and 39.
- Maintain and administer EXI’s compliance procedures, policies, and internal controls frameworks, including the Compliance Manual and Compliance Desk Manual.
- Track and manage EXI’s regulatory calendar, including filing deadlines, self-certification obligations under Part 40, and periodic reporting requirements.
- Assist in the preparation and review of annual compliance reports, Core Principle assessments, and other periodic regulatory deliverables.
- Support the CRO/CCO in managing all aspects of CFTC examinations, including document production, coordinating responses, and scheduling with Division staff.

## Trade Surveillance
- Manage EXI’s trade surveillance program, including oversight of the Eventus/Validus platform configuration, alert review workflows, and investigation procedures.
- Mentor the Compliance team, helping set performance expectations and developing their capacity to operate independently.
- Review and disposition surveillance alerts across EXI’s automated detection scenarios, including layering, spoofing, wash trading, and other manipulative or disruptive trading practices.
- Oversee the escalation, documentation, and resolution of surveillance investigations, including maintaining investigation files to regulatory standards.
- Evaluate and enhance detection logic, scenario coverage, and alert thresholds in coordination with Eventus and outside counsel.
- Ensure the surveillance program satisfies applicable DCM Core Principles (Core Principle 2) and applicable CFTC regulations.

## CFTC Regulatory Inquiries & Correspondence
- Serve as the primary internal point of contact for inbound inquiries from CFTC Divisions (DMO, DCR, MPD, DOD), coordinating internally and with the Legal department.
- Draft initial responses to CFTC inquiries, information requests, and examination questions, with review by the CRO/CCO and/or Legal prior to submission.
- Assist in maintaining the Jira log of all regulatory correspondence and open items, ensuring timely resolution and appropriate recordkeeping under CFTC Rule 1.31.
- Assist in the preparation of responses to no-action requests, rule interpretations, and other matters requiring CFTC engagement.

## Cross-Functional Liaison -- Operations & Engineering
- Act as the primary compliance liaison to the Operations and Engineering teams, ensuring regulatory requirements are understood and incorporated into system design, product development, and operational workflows.
- Collaborate with Engineering on compliance-related system requirements, including trade surveillance data feeds, regulatory reporting, kill switch functionality, drop copy services, FIX protocol configurations, and recordkeeping infrastructure.
- Partner with Operations on participant onboarding (AML/CIP/KYC), user authorization workflows, and operational compliance matters.
- Participate in cross-functional reviews of new product initiatives, rule changes, and system modifications to identify and address compliance implications.
- Advise Engineering on regulatory reporting requirements related to Part 16 and 17 obligations.
- Contribute a regulatory compliance perspective to incident response and operational exception processes.

## Additional Responsibilities
- Assist the CRO/CCO with regulatory strategy, petition preparation, and engagement with CFTC staff on EXI’s business initiatives.
- Maintain awareness of evolving CFTC rules, guidance, no-action letters, and enforcement actions relevant to EXI’s business.
- Contribute to the development and delivery of compliance training for EXI staff.

## Requirements
- 8–12 years of compliance, regulatory, or legal experience at or with CFTC- or SEC-regulated entities or SROs, including DCMs, DCOs, FCMs, broker-dealers, exchanges, clearinghouses, or similar regulated markets or registrants.
- Substantive knowledge of CFTC regulations, including Parts 1, 16, 17, 38, 39, and 40 and familiarity with Core Principle obligations for exchanges and clearinghouses.
- Demonstrated experience with CFTC regulatory reporting, specifically Parts 16 and 17; comparable SEC or FINRA reporting experience is considered highly transferable.
- Experience in trade surveillance, including alert review, investigation management, and surveillance platform administration.
- Demonstrated experience drafting regulatory correspondence, responding to examinations, or managing relationships with government regulators or SROs.
- Strong writing and analytical skills, with the ability to synthesize complex regulatory issues into clear, actionable internal and external communications.
- Experience supervising or mentoring junior compliance or surveillance staff.
- Ability to work cross-functionally with technical teams (Engineering, Operations) and translate regulatory requirements into operational specifications.
- Bachelor’s degree or equivalent experience required.

## Preferred Qualifications
- Direct experience at a DCM or DCO, or within the energy or electricity derivatives markets.
- Familiarity with automated surveillance platforms (e.g., Eventus/Validus, Nasdaq Surveillance, or similar tools).
- Experience with CFTC examination processes.
- Working knowledge of FIX protocol, trading system architecture, or financial technology infrastructure.
- J.D. or advanced degree in a relevant discipline.

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