Esports
Corporate Counsel, Prediction Markets
Mid Level
United States
in office
Full time
Job description
About the Role
The Corporate Counsel supporting DKeX will help build the legal framework behind one of DraftKings' newest regulated businesses. They will provide strategic legal guidance to the teams developing and operating the designated contract market while supporting related regulated exchange and clearing initiatives. Working at the intersection of financial markets, technology, and product development, the role helps build the legal foundation for a new regulated marketplace and translates complex regulatory requirements into practical business guidance.
Key Responsibilities
- Serve as the primary legal partner supporting DKeX and related regulated exchange and clearing initiatives.
- Advise business stakeholders on legal and regulatory issues arising under the Commodity Exchange Act and Commodity Futures Trading Commission regulations.
- Draft, review, and maintain exchange rules, policies, governance materials, and other legal documentation supporting the operation and evolution of regulated market infrastructure.
- Provide legal guidance on regulatory filings, rule submissions, and other matters supporting the ongoing operation of DKeX and related regulated exchange and clearing initiatives.
- Partner closely with Product, Engineering, Market Operations, Compliance, Finance, Information Technology, and other cross-functional teams to support the development, launch, and operation of regulated products and services.
- Monitor legislative, regulatory, and industry developments affecting derivatives markets and advise internal stakeholders on emerging legal risks, obligations, and opportunities.
- Manage outside counsel and coordinate legal support across specialised regulatory matters when appropriate.
- Develop practical legal guidance, scalable processes, and internal resources that empower business teams to make informed decisions while maintaining compliance with applicable legal and regulatory requirements.
Required Experience & Qualifications
- Juris Doctorate Degree from an accredited institution with excellent academic credentials.
- At least five years of legal experience, ideally a mix of law firm, in-house, or government/regulatory experience.
- Experience advising clients on financial services regulation, derivatives markets, exchange regulation, or other highly regulated industries.
- Demonstrated ability to analyse complex regulatory frameworks and provide practical, business-oriented legal advice.
- Strong written and verbal communication skills with the ability to explain sophisticated legal concepts to technical and non-legal audiences.
- Curiosity, sound judgment, and a thoughtful approach to solving novel legal and regulatory challenges.
- A collaborative mindset, strong sense of ownership, and the ability to thrive in a fast-paced environment supporting innovative products.
Preferred Skills
- Experience advising a Designated Contract Market, Derivatives Clearing Organisation, futures commission merchant, broker-dealer, exchange, or financial regulatory agency.
Salary
- The US base salary range for this full-time position is $160,800.00 - $201,000.00 USD, plus bonus and equity.
About the Company
DraftKings is a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, employees may be required to obtain a gaming licence issued by the appropriate state agency as a condition of employment. DraftKings guides employees through the licensing process if relevant to their role.
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