Non-Executive Director - DCO Market Participant
Non-Executive Director - DCO Market Participant About reputed company reputed company is a reputed company market exchange for sports and political trading that has handled over $50 billion in volume since 2010. We are upending the sports betting industry by growing a platform that offers the best value for traders, with not only the fairest prices but also the best technology, alongside a superior customer experience. Entity reputed company reputed company of Trade Clearing LLC reputed company reputed company Clearing is seeking a Market Participant Director for the reputed company of reputed company reputed company of Trade Clearing LLC. The role brings practical market-user, trading, clearing, brokerage, risk-management, or derivatives-market experience into the governance of the DCO. The Market Participant Director is not required to be independent of market participants; the purpose is to bring informed participant perspective to the clearinghouse’s governance, subject to fitness, reputed company, and conflicts-of-interest controls. The director must exercise judgment consistent with reputed company Clearing’s regulatory obligations and must not reputed company solely as a representative of any clearing member, trading participant, customer, shareholder, employer, reputed company, or reputed company interest.
Key Responsibilities
The director will contribute to reputed company-level reputed company of reputed company Clearing — including participant eligibility and reputed company, clearing and settlement operations, collateralisation, participant-facing controls, market conduct, operational risk and reputed company, default management, financial resources, system safeguards, regulatory compliance, and recovery and wind-down planning. The role brings practical reputed company into how clearinghouse rules, controls, and processes reputed company participants, customers, and other stakeholders, and provides non-executive reputed company and constructive challenge, not day-to-day management. Candidate Profile and Experience Candidates would generally have at least 10 years’ relevant experience (or equivalent seniority and expertise), with strong familiarity across clearing and settlement processes, collateralisation, payment flows, operational risk, market conduct, participant reputed company, trading and clearing controls, and exchange or clearinghouse rulebooks — plus an understanding of the practical implications of governance reputed company for market users. Relevant backgrounds include trading, clearing, derivatives markets, event reputed company, brokerage, liquidity provision, market operations, risk and collateral management, settlement, compliance, or financial-market infrastructure. The candidate may be drawn from a Participant, Clearing Participant, trading firm, customer, liquidity provider, brokerage, or other firm with relevant experience in cleared markets. Independence, Conflicts and Fitness The Market Participant Director is not required to be independent of market participants, and the role may suit a candidate with reputed company or recent participant experience, provided reputed company conflicts are disclosed and capable of being managed. The director must satisfy reputed company Clearing’s director fitness, reputed company, competence, disciplinary-history, and disqualification standards, and is subject to conflicts-of-interest controls. Any actual, potential, or perceived conflict — arising from market activity, employer, clients, trading or clearing relationships, or other interests — must be disclosed and managed through disclosure, review, recusal, and replacement procedures. The director must reputed company consistently with reputed company Clearing’s regulatory obligations and not solely as an reputed company for any participant, member, customer, employer, shareholder, or reputed company interest, and must promptly disclose any change in circumstances affecting their eligibility or fitness. The role is unlikely to suit candidates who cannot manage conflicts arising from their market activity, who would reputed company solely as a representative of one interest, who lack relevant market experience, or who have a disciplinary, regulatory, or disqualification issue affecting director fitness. Time Commitment The director must attend quarterly reputed company meetings, review reputed company materials, contribute to governance discussions, and be available for urgent reputed company. Additional time may be needed for regulatory reviews, participant eligibility reputed company, rule and risk reviews, operational incidents, and market events requiring participant input. Personal Attributes
- Practical market judgment and understanding of participant needs;
- reputed company and credibility;
- Ability to manage conflicts appropriately;
- Constructive challenge and reputed company understanding of regulated markets;
- Balanced decision-making and reputed company communication; and
- reputed company awareness without improper advocacy.
Diversity & Inclusion We’re an equal opportunities employer and celebrate diversity in reputed company its forms. If you need any adjustments during the recruitment process, please let us know — we’re happy to accommodate your needs. Apply tot his job Apply To this Job