Director - Swap Dealer Regulatory Finance

Clear Street is modernizing the brokerage ecosystem. Founded in 2018, Clear Street is a diversified financial services firm replacing the legacy infrastructure used across capital markets.

We started from scratch by building a completely cloud-native clearing and custody system designed for today’s complex, global market. Clear Street’s proprietary prime brokerage platform adds significant efficiency to the market, while focusing on minimizing risk, redundancy, and cost for clients. Our goal is to create a single source-of-truth platform for every asset class, in every country, and in any currency.

By combining highly-skilled product and engineering talent with seasoned finance professionals, we’re building the essentials to compete in today’s fast-paced markets.

We are seeking a highly experienced finance professional to support the registration and ongoing financial oversight of our CFTC-registered Swap Dealer. This individual will play a critical role in coordinating the financial and operational components of the swap dealer registration process, including development of regulatory capital frameworks, policies and procedures, and financial reporting infrastructure.

The individual will work closely with Legal, Compliance, Risk, Operations, Treasury and Technology teams to establish and maintain a robust financial control environment that meets CFTC, NFA, and SEC regulatory requirements applicable to registered Swap Dealers.

This position requires deep expertise in financial services regulation, regulatory capital, derivatives markets, and financial reporting within regulated entities. Given our strategic focus on digital assets derivatives and crypto swaps, the role will also support the financial regulatory framework surrounding crypto-linked derivatives and related market infrastructure.

Lead and coordinate finance work streams related to the CFTC Swap Dealer registration process, including:

• Supporting the design and implementation of the regulatory capital framework in accordance with applicable CFTC capital rules (e.g., CFTC 23.101 / SEC 18a-1 where applicable).
• Assisting with preparation of financial policies, procedures, and internal controls required for registration.
• Partnering with Legal, Compliance, Risk, Operations, Treasury and Technology teams and external advisors to ensure operational readiness of the Swap Dealer entity.
• Supporting regulatory filings and documentation required for NFA membership and CFTC registration.
• Designing processes for daily regulatory capital monitoring.
• Building the financial reporting infrastructure needed for regulatory filings and financial statement preparation.
• Assisting with implementation of books and records frameworks compliant with CFTC recordkeeping requirements.

Oversee the ongoing financial regulatory framework for the registered Swap Dealer, including:

• Daily net capital / financial resource calculations in accordance with CFTC capital requirements.
• Monitoring compliance with CFTC minimum capital thresholds.
• Preparation and review of monthly and quarterly regulatory filings.
• Maintaining regulatory books and records.
• Establishing financial regulatory policies and procedures.
• Supporting regulatory examinations and inquiries from the CFTC and NFA.
• Coordination with external auditors and internal audit.

Lead the preparation and submission of required financial reports, including:

• Monthly and quarterly Swap Dealer financial and regulatory filings.
• Financial schedules required by CFTC and NFA.
• Internal reporting of regulatory capital and financial resources.
• Coordinate responses to regulatory inquiries and examinations.
• Maintain reporting calendars and regulatory submission processes.

• Develop and maintain internal controls around regulatory capital and reporting.
• Ensure compliance with CFTC and NFA financial requirements.
• Assist with implementation of risk management and financial monitoring frameworks.
• Partner with operations, compliance, and treasury to ensure accurate reporting.
• Establish and improve reporting…