Director - Swap Dealer Regulatory Finance

Key Responsibilities

Swap Dealer Registration & Buildout

• Lead and coordinate finance workstreams related to the CFTC Swap Dealer registration process, including:
  • Supporting the design and implementation of the regulatory capital framework in accordance with applicable CFTC capital rules (e.g., CFTC 23.101 / SEC 18a-1 where applicable).
  • Assisting with preparation of financial policies, procedures, and internal controls required for registration.
  • Partnering with Legal, Compliance, Risk, Operations, Treasury and Technology teams and external advisors to ensure operational readiness of the Swap Dealer entity.
  • Supporting regulatory filings and documentation required for NFA membership and CFTC registration.
  • Designing processes for daily regulatory capital monitoring.
  • Building the financial reporting infrastructure needed for regulatory filings and financial statement preparation.
  • Assisting with implementation of books and records frameworks compliant with CFTC recordkeeping requirements.

Regulatory Capital & Financial Compliance

• Oversee the ongoing financial regulatory framework for the registered Swap Dealer, including:
  • Daily net capital / financial resource calculations in accordance with CFTC capital requirements.
  • Monitoring compliance with CFTC minimum capital thresholds.
  • Preparation and review of monthly and quarterly regulatory filings.
  • Maintaining regulatory books and records.
  • Establishing financial regulatory policies and procedures.
  • Supporting regulatory examinations and inquiries from the CFTC and NFA.
  • Coordination with external auditors and internal audit.

Regulatory Reporting

• Lead the preparation and submission of required financial reports, including:
  • Monthly and quarterly Swap Dealer financial and regulatory filings.
  • Financial schedules required by CFTC and NFA.
  • Internal reporting of regulatory capital and financial resources.
  • Coordinate responses to regulatory inquiries and examinations.
  • Maintain reporting calendars and regulatory submission processes.

Controls & Governance

• Develop and maintain internal controls around regulatory capital and reporting.
• Ensure compliance with CFTC and NFA financial requirements.
• Assist with implementation of risk management and financial monitoring frameworks.
• Partner with operations, compliance, and treasury to ensure accurate reporting.
• Establish and improve reporting workflows and strengthen documentation.
• Support regulatory exams and internal audits.

Crypto & Digital Asset Derivatives

• Support the financial oversight of crypto-linked swap activity, including:
  • Designing financial controls and reporting frameworks for digital asset derivatives.
  • Monitoring capital implications of crypto-based swap exposures.
  • Ensuring appropriate accounting and regulatory treatment of crypto-related derivative transactions.
  • Supporting our broader strategy in digital asset markets and derivatives infrastructure.
  • Coordinating with Risk, Treasury and the Business on margin, collateral, and liquidity management for crypto derivatives.

Required Qualifications

• 8–15+ years of experience in financial services, regulatory finance, or broker-dealer / derivatives finance. Ideally with a Series 27.
• Strong experience with regulated derivatives businesses.
• Direct experience with CFTC, NFA, broker-dealer, or swap dealer regulatory frameworks.
• Expertise in regulatory capital calculations and financial reporting.
• Deep understanding of OTC derivatives markets and swap products.
• Experience building or operating finance functions within regulated entities.

Preferred Qualifications

• Digital asset experience:
  • Experience with digital asset markets, crypto derivatives, or digital asset trading infrastructure.
  • Familiarity with crypto swaps, perpetuals, or other digital asset derivative products.
  • Understanding of margining, collateral, and risk management in crypto derivatives markets.
• Experience with SEC Rule 18a-1 / Security-Based Swap Dealer capital requirements.
• Experience implementing regulatory frameworks from scratch.
• Strong knowledge of U.S. GAAP financial reporting.
• Experience in multi-entity financial services environments.

Compensation

• Base Salary Range: $160,000-$215,000 (does not include bonuses or equity).
• Competitive compensation packages, company equity, 401k matching, gender neutral parental leave, full medical, dental and vision insurance.