Corporate Counsel, Prediction Markets
DraftKings is looking for a Corporate Counsel to support DKeX and help build the legal framework for one of its newest regulated businesses. The role involves providing strategic legal guidance to teams developing and operating a designated contract market, while supporting related regulated exchange and clearing initiatives.
Working at the intersection of financial markets, technology, and product development, the successful candidate will help establish the legal and regulatory foundation for a new regulated marketplace. They will be responsible for translating complex regulatory requirements into practical business guidance within a growing legal team.
- 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 rule, 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.
- Juris Doctorate Degree from an accredited institution with excellent academic credentials. (required)
- At least five years of legal experience, ideally a mix of law firm, in-house, or government/regulatory experience. (required)
- Experience advising clients on financial services regulation, derivatives markets, exchange regulation, or other highly regulated industries. (required)
- Demonstrated ability to analyse complex regulatory frameworks and provide practical, business-oriented legal advice. (required)
- Strong written and verbal communication skills with the ability to explain sophisticated legal concepts to technical and non-legal audiences. (required)
- Curiosity, sound judgment, and a thoughtful approach to solving novel legal and regulatory challenges. (required)
- A collaborative mindset, strong sense of ownership, and the ability to thrive in a fast-paced environment supporting innovative products. (required)
- Experience advising a Designated Contract Market, Derivatives Clearing Organisation, futures commission merchant, broker-dealer, exchange, or financial regulatory agency. (preferred)
- Competitive base salary range of 160,800.00 USD - 201,000.00 USD.
- Bonus and equity eligibility.
- Comprehensive health benefits including medical, dental, and vision plans.
- Wellbeing program including free therapy sessions, employee assistance programmes, the Calm App, and virtual yoga classes.
- 14 weeks of 100% paid parental leave and workplace lactation support.
- Care.com partnership for backup childcare.
- Family planning benefits including support for adoption, surrogacy, and fertility treatments.
- Flexible PTO.
- Pet insurance.
- Gym reimbursement.
- Financial planning resources including 401(k) matching and Origin Financial.
- Commuter benefits.
- Tuition reimbursement programme.
DraftKings Inc. is a leading American digital sports entertainment and gaming company, headquartered in Boston, Massachusetts. Founded in 2012, it started in daily fantasy sports and has grown into one of the largest US online sportsbook and iGaming operators. The company offers mobile sports betting, online casino and daily fantasy contests across regulated North American markets. DraftKings is listed on the Nasdaq stock exchange and employs several thousand people.