Lead, FCM Legal
About Polymarket
Polymarket is the world's largest prediction market platform. We enable individuals to express views on real-world events by trading on outcomes across politics, economics, sports, culture, and current affairs. Built as a peer-to-peer marketplace with no centralized "house," Polymarket aggregates diverse opinions into transparent, market-based probabilities that reflect collective expectations about the future.
We're growing fast - both in terms of volume ($21B traded in 2025) and adoption as an alternative news source. Our ambition is to become a ubiquitous beacon of truth in global media and we need your help adding fuel to the fire.
About the Role
Polymarket operates a CFTC-regulated designated contract market (DCM) and derivatives clearing organization (DCO). As we scale, the legal and regulatory infrastructure supporting our FCM relationships has to keep pace with the business. This role exists to own that work directly - not manage it from a distance.
You'll sit inside a small, senior legal team and work closely with Compliance, Surveillance, and product. The mandate is clear: keep the FCM function legally sound, anticipate regulatory risk before it becomes a problem, and engage with the CFTC and NFA from a position of deep technical fluency. We need someone who knows FCM regulation cold, can move quickly, and will be consulted early and often by the business - not looped in at the end to sign off.
What You'll Do
Advise product and business teams on CFTC implications before new features ship, not after
Draft and negotiate customer-facing FCM agreements, disclosures, and related documentation to ensure they are accurate, compliant, and ready to send
Prepare responses to CFTC and NFA regulatory inquiries and examinations, coordinating across Legal and Compliance to produce tight, well-supported submissions
Draft comment letters, no-action requests, and interpretive submissions on matters affecting the FCM, DCM, and DCO
Track CFTC enforcement actions, rulemaking, and NFA notices to surface emerging risks and translate them into actionable guidance for internal teams
Advise on FCM policies and procedures covering segregation, net capital, margin, and customer protection requirements
Support litigation strategy on matters touching FCM operations and exchange regulation
What We're Looking For
J.D. and active U.S. bar membership
3-7 years of FCM-focused legal or compliance experience, either in private practice, at a regulator, or in-house at a derivatives firm
Deep working knowledge of the Commodity Exchange Act, CFTC regulations, and NFA rules, particularly as they apply to FCMs - including segregation, net capital, and margin requirements
Demonstrated ability to write clearly and persuasively - comment letters, no-action requests, and customer agreements that are filed or sent with minimal revision
A track record of being brought into business and product decisions early, not used as a last-minute legal check
Strong judgment about when to escalate, when to move, and how to give practical guidance under regulatory uncertainty
Direct experience with CFTC examination or enforcement processes
(Plus) Familiarity with prediction markets or event contracts
(Plus) Interest in emerging financial technologies and market structure
Benefits
Competitive salary & equity
Unlimited PTO
Full Health, Vision, & Dental coverage
401k match
Hardware setup: new MacBook Pro, big display, & accessories
Pay Transparency
Base salary range: $250,000 to $340,000 annually, plus equity and benefits.
This range reflects a good-faith estimate for this position. Experience levels vary widely within a title here, so please reach out even if your expectations fall outside it. We're always happy to chat.
About Polymarket
Polymarket is at the forefront of the decentralized information and prediction market revolution, leveraging cutting-edge blockchain technology to create a more transparent and efficient way to bet on real-world events. We're building a platform where users can trade on their beliefs about everything from politics to pop culture, fostering a global community driven by data and conviction. Our mission is to democratize access to information and enable price discovery in a trustless environment, fundamentally reshaping how people engage with and understand the world. Our team thrives on innovation, intellectual curiosity, and a deep-seated belief in the power of Web3 principles. We champion a culture of open collaboration, radical transparency, and continuous learning, encouraging every team member to contribute their unique perspective to solve complex challenges. We are a group of passionate builders, designers, and strategists united by a vision for a decentralized future, where markets are fair, accessible, and censorship-resistant. At Polymarket, your work directly impacts the evolution of decentralized finance and information. If you're eager to make a significant impact in the nascent but rapidly expanding blockchain space, Polymarket offers an unparalleled opportunity. Join us to contribute to a platform that empowers users, challenges traditional financial systems, and puts the power of prediction back into the hands of the people. We're looking for individuals who are not just skilled but are also true believers in the potential of crypto to create a more informed and equitable world. Come build the future with Polymarket.
Ready to Apply?
To submit your application for this position, please visit Polymarket's official website and follow their application process.