- Salary
- $215k – $225k
- Location
- Office - NYC
- Workplace
- Remote
- Department
- Risk & Compliance
- Seniority
- VP
- Experience
- 5+ years
- Visa
- Not sponsored
- Source
- Greenhouse
Description
About Us
DriveWealth is on a mission to make investing easier. We believe that everyone should have the ability to control their financial future, and that access to financial markets should not be limited by geography, wealth, or legacy systems. We are a global B2B financial technology organization dedicated to democratizing access to financial independence around the world. Our mission is realized through an API-based platform, empowering our partners to offer seamless investing and trading experiences to clients worldwide, all from their mobile devices. Our technology provides partners with a modern, extensible toolkit, enabling traditional investment workflows and innovative techniques like fractional share ownership. DriveWealth has evolved into a global platform offering trading of US equities, mutual funds, ETFs, fixed income, and options.
There’s never been a better time to build a category-defining business and there has rarely been a team better positioned for this opportunity. Our culture blends the pace and agility of a fintech start-up with the impact, stability, and discipline of Wall Street. We encourage creativity and experimentation while ensuring institutional-grade execution and regulatory compliance in everything we do. Join us and help build the future of global investing!
About The Role
DriveWealth LLC is seeking a highly motivated and seasoned VP, FCM, Tokenization & Stablecoin Compliance Officer in either our New York or Chicago office to lead compliance for the firm’s expansion into event-based prediction markets and stablecoin/tokenization initiatives. Reporting to the Chief Compliance Officer, you will build and lead the compliance program supporting DriveWealth’s FCM registration and NFA membership, alongside the firm’s growing digital asset and stablecoin footprint.
In this leadership role, you will provide expert guidance on complex regulatory matters spanning CFTC and NFA rules governing futures commission merchants, prediction and event contract markets (including our relationship with Kalshi), and the regulatory frameworks applicable to stablecoin issuance, custody, and tokenization. This is a build role: as firms across the industry, including Robinhood and other fintech and brokerage platforms, expand into similar products, we are seeking a leader who has directly navigated this regulatory landscape and can stand up a compliant, scalable program while shaping firm-wide controls within an innovative and entrepreneurial culture.
What You’ll Do
Program Build-Out & Team Leadership
- Program Development: Build and lead the compliance function supporting DriveWealth’s FCM registration, NFA membership, and stablecoin/tokenization initiatives, hiring and developing staff as the business scales.
- Workflow Oversight: Manage and re-prioritize team workloads across FCM, prediction market, and stablecoin/tokenization workstreams to ensure multiple projects and regulatory deadlines are met simultaneously.
- Quality Assurance: Review and approve detailed reports and surveillance investigations prepared by staff covering prediction market trading activity and stablecoin/tokenized asset transactions to ensure accurate summarization of issues and logical solutions.
Regulatory Advisory & Operations
- Business Advisory: Advise business units on CFTC, NFA, and applicable state and federal digital asset regulatory obligations tied to prediction markets and stablecoins, as well as new rule proposals and firm policies.
- Compliance Frameworks: Design, implement, and maintain effective compliance frameworks aligned with CFTC, NFA, state money transmitter and stablecoin regulatory regimes (e.g., the GENIUS Act), and other regulatory obligations.
- Policy Governance: Oversee the development and maintenance of Written Supervisory Procedures (WSPs) for FCM operations, and internal policies governing stablecoin reserves, redemption mechanics, and tokenized asset custody.
- Strategic Partnership: Proactively partner with Kalshi and other prediction market venues, stablecoin/tokenization technology partners, the firm’s Financial Crimes team, business management, risk, and technology to ensure sound business operations and facilitate the firm's success.
Monitoring & Surveillance
- Level 2 Oversight: Perform Level 2 compliance reviews of prediction market and stablecoin/tokenization activity directly in the early stages of this role, transitioning to a supervisory capacity as the team is built out, ensuring firm-wide adherence to internal standards throughout.
- Surveillance Logic: Enhance surveillance and monitoring frameworks covering event contract trading patterns and stablecoin transaction activity by refining detection logic and identifying patterns in large trade and transaction datasets, partnering with the firm’s Financial Crimes team on BSA/AML and Travel Rule monitoring.
- Regulatory Reporting: Develop and analyze data for Compliance management reports, including FCM financial/segregation reporting and stablecoin reserve attestations, and provide periodic status updates on key issues.
Examinations & Inquiries
- Exam Leadership: Lead the firm’s response to regulatory exams and inquiries from the CFTC, NFA, state money transmitter regulators, and other applicable authorities related to FCM and stablecoin/tokenization activities.
- Audit Support: Coordinate the collection of documentation and ensure timely follow-up for all regulatory inquiries.
You Bring
- Bachelor’s Degree; J.D. or other advanced degree a plus.
- 12+ years of Compliance, Legal, Regulatory, or Financial Services experience, including at least 5+ years focused directly on futures/derivatives (FCM) compliance and/or stablecoin, tokenization, or digital asset regulatory compliance.
- Deep understanding of CFTC and NFA rules governing futures commission merchants, prediction and event contract markets, and derivatives clearing, along with direct, hands-on experience with stablecoin issuance, tokenization, digital asset custody, and related regulatory frameworks (e.g., the GENIUS Act, OCC guidance, and state money transmitter licensing). Comfortable partnering closely with the firm’s Financial Crimes team on BSA/AML and Travel Rule matters as they apply to these products.
- Required: Series 3 (National Commodity Futures Examination), with Series 30 (NFA Branch Manager) strongly preferred; FINRA Series 7 and 24 and NFA Swaps Proficiency Requirements (Swaps Certificate) are a plus. An AML certification (e.g., CAMS) is a plus for coordinating with the firm’s Financial Crimes team, though this role does not own BSA/AML program responsibilities.
- Proven build experience: Track record standing up or scaling a compliance program for a new product line, ideally at a firm expanding into prediction markets and/or digital assets, such as Robinhood, Kalshi, or a comparable platform.
- Strong ability to work with large trade and transaction datasets and translate complex, cross-regulatory requirements into practical control updates.
- Excellent interpersonal and communication skills to interface with all levels of management and build effective relationships.
Location
This role is open to candidates in the following locations: New York City, NY - Hybrid
- This role is expected to come into the office on a cadence set by the Hiring Manager/Team.
- If you're not based in one of the locations listed above, this role is not a fit, and we cannot accommodate remote work outside these locations.
- Applicants must be authorized to work for any employer in the U.S. DriveWealth does not sponsor or take over sponsorship of an employment visa at this time.
Pay Range: $215,000 – $225,000 USD
Working at DriveWealth
We do our best work when we're in the same room. To maintain the speed our partners expect, our New York, Chicago, and Lithuania teams work in office on a hybrid schedule. We've found that being physically side-by-side is the only way to solve complex problems in real-time and stay truly accountable to the products we ship. When you're here, you're working directly with the people making the decisions.
To support that work, we provide competitive compensation, equity, and a 401(k) match. We also offer Medical insurance, Dental insurance, Vision insurance, Disability insurance, and Paid Parental Leave, along with a wellness reimbursement, a company-provided phone, and a personal development allowance. Finally, we value the time you spend away from the office with generous Paid Time Off (PTO) and observed holidays.
Work Authorization
Applicants must possess the legal right to work in the country where the position is located at the time of application. DriveWealth requires all employees to provide original documentation verifying their work authorization on or before their first day of employment.
For US-based roles: Applicants must be currently authorized to work in the United States on a full-time basis without the need for current or future visa sponsorship. DriveWealth does not provide visa sponsorship or support for employment authorization, including transfers, at this time. Offers of employment are strictly contingent upon an individual’s ability to secure and maintain the legal right to work at the Company.
How We Think About AI
We leverage AI to work smarter and move faster. We seek AI-curious talent who are proactive about using emerging tools to increase signal quality, reduce friction, and improve outcomes to deliver products faster, provide better service to our partners, and to streamline processes. Your ability to leverage our internal tools and technology to drive results is as important to us as your core domain expertise.
Compensation
Pay is generally based on the level, complexity, responsibility, location, and job duties/requirements of the specific position. We then source candidates with the requisite skills, expertise, education, training, and experience. If you are selected for an interview, please feel welcome to speak to a recruiter about our compensation philosophy and other available benefits. This role is eligible for base, bonus, equity, 401(k) match, and heavily subsidized benefits and perks.
Equal Employment Opportunity
To build technology and products that are used and loved by people and solve real-world problems, we need to build a team with many different perspectives and experiences. We are an equal opportunity employer. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We encourage candidates from all backgrounds to apply.
Agency Disclaimer
DriveWealth does not accept agency resumes. Do not forward resumes to our jobs alias, employees, or any other organization location. DriveWealth is not responsible for any fees related to unsolicited resumes.