Smarkets

Smarkets

Head of Finance

Chicago

Sponsorship not specified$100k-$170kDetected 19 days ago
Financial AnalysisAccountingForecastingBudgetingRecruitingLoad TestingCommunicationGAAPFinancial ReportingInternal Audit

About the role

  • This is a senior finance role sitting within our CFTC-regulated business unit, working across the Derivatives Clearing Organization (DCO) and Designated Contract Market (DCM).
  • Given the business unit's integration with a UK-based parent, you will also ensure accurate cost allocation, intercompany accounting, and resource tracking across jurisdictions while preserving regulatory independence.

Responsibilities

  • Own all financial operations of the DCO and DCM entities, including budgeting, accounting, financial reporting, and liquidity management.
  • Maintain internal controls and accounting systems that support the integrity and auditability of financial records.
  • Lead financial forecasting, stress testing, and capital planning, aligned with the DCO and DCM's risk profile and operational footprint.
  • Prepare and submit timely, accurate regulatory financial filings to the CFTC and support audits and inquiries.
  • Partner closely with the COO, General Counsel, and Risk teams to assess financial risk and resource implications.

Nice to have

  • Senior finance leader with 5+ years of senior-level financial management experience, ideally within a CFTC-regulated business.
  • Certified Public Accountant (CPA) in good standing with a U.S. State Board of Accountancy.
  • Deep expertise in US GAAP, financial forecasting, and internal financial controls.
  • Familiarity with DCO and DCM financial compliance obligations.
  • A clean regulatory record, with no history of financial misconduct, enforcement actions, or regulatory infractions.
  • Participation is voluntary, with automatic enrolment at a default contribution rate of 6% unless you select an alternative rate or choose to opt out.

Skills

  • Excellent reporting and communication skills for executive, board, and regulatory audiences.

Compensation

  • $100,000 to $170,000 USD per year.
  • The actual offer within this range will depend on experience, qualifications, and other job-related factors.
  • From day one, you will receive:
  • 25 days' annual leave, plus public holidays.
  • 401(k) plan: Smarkets matches 100% of employee contributions up to the first 6% of salary. Participation is voluntary, with automatic enrolment at a default contribution rate of 6% unless you select an alternative rate or choose to opt out.
  • Performance bonus of up to 25% of base salary.

Benefits

  • Performance bonus of up to 25% of base salary.
  • Equity via share options scheme.
  • Annual professional development budget of $1,000 for conferences, training, courses, books, and other learning opportunities.
  • Ensure the DCO and DCM maintain sufficient financial resources to satisfy capital adequacy and operating cost coverage.
  • We have designed our benefits offering around Health, Wealth, Lifestyle and Development.
  • Private medical insurance: a monthly reimbursement towards the private health insurance plan of your choice.
  • This role is offered subject to satisfactory background screening and, where applicable, CFTC fitness and eligibility requirements.

Visa & Work Authorization

  • Participation is voluntary, with automatic enrolment at a default contribution rate of 6% unless you select an alternative rate or choose to opt out.

This listing is sourced directly from Smarkets's careers page and normalized into a canonical job model.