Non-Executive Director - DCO Market Participant
Remote · Chicago, Illinois, United States
Job Summary
Non-Executive Director on the board for Smarkets Clearing LLC. The Market Participant Director will contribute board-level oversight with practical market-user, trading, clearing, brokerage, risk-management, and derivatives-market insight. Responsibilities include participant eligibility and access, clearing and settlement operations, collateralisation, participant-facing controls, market conduct, operational risk and resilience, default management, financial resources, system safeguards, regulatory compliance, and recovery/wind-down planning. Candidates should have strong familiarity across clearing and settlement processes and related governance considerations, plus ability to provide independent, informed perspective while managing conflicts of interest. Role requires quarterly board meetings and governance contributions; diversity and inclusion are emphasized. The role is part-time and suited for a senior candidate with extensive market experience.
Required Qualifications
- At least 10 years’ relevant experience (or equivalent seniority and expertise) across clearing and settlement processes, collateralisation, payment flows, operational risk, market conduct, participant onboarding, trading and clearing controls, or exchange/clearinghouse rulebooks.
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