Head of FCM

Crypto.com

Crypto.com

Chicago, IL, USA
Posted on Wednesday, January 31, 2024
We are seeking an experienced derivatives business professional to join our futures commission merchant (FCM) in order to grow the regulated derivatives business of Crypto.com. This role will require you to advance the strategic and business objectives of the FCM by leading the completion of the licensing process, overseeing the operational readiness of the FCM and the launch of the FCM, which will offer margined derivative products. After launch, you will be responsible for overseeing the day-to-day operations of the FCM business. The successful candidate will have derivatives and financial markets experience, including knowledge related to the operations and processes of an FCM, as well as FCM connectivity to exchanges and clearinghouses regulated by the Commodity Futures Trading Commission (CFTC). Knowledge of the rules of the National Futures Association (NFA) and the CFTC relevant to an FCM are also required. This role presents a unique opportunity to help structure a new business line as part of the overall Crypto.com enterprise.
Responsibilities
Oversee all business and operational activities of the FCM to provide customers with access to cleared derivatives products.
Work closely with the operations, technology, risk, legal and compliance team in order to lead the completion of the licensing process and the launch of the FCM.
Oversee the FCMs operational compliance with CFTC and NFA regulatory requirements
.Develop high quality business strategies and plans to align with the short-term and long-term objectives of the business enterprise.
Supervise the sales and marketing functions of the FCM.
Build and maintain strong relationships and be the point of contact for key partners, vendors and stakeholders.
Liaise with industry regulatory bodies and ensure all requirements, including daily and monthly reporting are completed.
Maintain a deep knowledge of the competitive landscape, products and market factors that impact the firm.
Requirements and skills
Proven experience in a managerial position in the regulated derivatives industry.
Experience in developing sound business strategies and implementation of the business plan.
Familiarity with diverse business functions such as operations, technology, risk, marketing, sales, finance, etc.
In-depth knowledge of the regulated derivatives markets including futures, forex, swaps and options and the cross-border offering of such products from the US.
Knowledge or desire to gain in depth knowledge of the cryptocurrency and digital asset markets.
Strong reputation and connections with potential customers of the FCM, including financial institutions, swap dealers, proprietary trading firms, hedge funds, and cryptocurrency miners and market participants.
Life @ Crypto.com
Empowered to think big. Try new opportunities while working with a talented, ambitious and supportive team.
Transformational and proactive working environment. Empower employees to find thoughtful and innovative solutions.
Growth from within. We help to develop new skill-sets that would impact the shaping of your personal and professional growth.
Work Culture. Our colleagues are some of the best in the industry; we are all here to help and support one another.
One cohesive team. Engage stakeholders to achieve our ultimate goal - Cryptocurrency in every wallet.
Are you ready to kickstart your future with us?
Benefits
Competitive salary
Attractive annual leave entitlement including: birthday, work anniversary
Aspire career alternatives through us. Our internal mobility program can offer employees a diverse scope.
Work Perks: crypto.com visa card provided upon joining
Our Crypto.com benefits packages vary depending on region requirements, you can learn more from our talent acquisition team.
About Crypto.com:
Founded in 2016, Crypto.com serves more than 80 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.
Learn more at https://crypto.com.
Crypto.com is an equal opportunities employer and we are committed to creating an environment where opportunities are presented to everyone in a fair and transparent way. Crypto.com values diversity and inclusion, seeking candidates with a variety of backgrounds, perspectives, and skills that complement and strengthen our team.
Personal data provided by applicants will be used for recruitment purposes only.