Director of Compliance

Benefits

Additional Information

Who are we? ElectronX® is the first U.S.-regulated, direct access electricity derivatives market, offering financial products to address volatile short-term price exposure to electricity. With offices in Chicago and New York City, ElectronX is building the missing financial infrastructure and risk management tools necessary to smooth the path for U.S. energy production, diversification and grid expansion in a time of rapidly increasing power demand. ElectronX is a venture capital-backed startup supported by premier VC partners including Innovation Endeavors, Systemiq Capital, Equinor Ventures, Shell Ventures LLC, DCVC, Amplo, BoxGroup and Lightning Capital. Who are we looking for? As a fast-growing company in the highly competitive, quantitative capital markets industry, ElectronX values candidates who are resourceful, curious and adaptable to change. Our cultural focus on innovation requires collaborative and entrepreneurial teammates with the intellectual grit necessary for near- and long-term success. We are seeking a Director of Compliance - a hands-on compliance leader who personally executes core day-to-day work while managing and developing the Compliance team at a CFTC-regulated exchange and clearinghouse. ElectronX operates as both a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), launched live trading in December 2025, and runs on a fully collateralized, self-clearing model. Reporting directly to the CRO/CCO and sitting between the Compliance Associate/Senior Investigator level and the CRO/CCO, you will own the trade surveillance program, serve as a primary point of contact for CFTC inquiries, and partner closely with Operations and Engineering to embed compliance requirements into the business. What will you be doing? 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 requirem

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