Compliance Counsel, Prediction Markets

Reposted 18 Days Ago
Be an Early Applicant
Miami, FL, USA
In-Office
Senior level
Sports
The Role
Design, implement, and maintain a CFTC-focused compliance program for prediction markets. Advise on product structure, contracts, registrations, policies, and marketing compliance; interface with regulators and SROs; coordinate with risk, operations, IT, and external counsel; identify and mitigate regulatory risk and support other consumer-facing verticals.
Summary Generated by Built In
ABOUT BETR
Founded in 2022 by Joey Levy and Jake Paul, Betr has built the world's first real money gaming Super App.  The Betr Super App currently consists of Picks, Social Sportsbook, Social Casino, and Arcade - and will soon include Prediction Markets alongside other new products.  Betr has one million paying users and is one of the fastest growing companies in the industry.
 
Betr is also the world's most followed real money gaming brand on social media. 

About the Role:

Betr is building a prediction markets product offering event-based contracts, and we're looking for an experienced compliance and regulatory professional to help build and scale our regulatory compliance program. This is a high-impact role for someone who wants to work at the frontier of a fast-evolving regulatory space.

This position will work closely with senior leadership and cross-functional teams (product, engineering, business) to design a compliant product and build the regulatory infrastructure to support it. While the primary focus is prediction markets, this person will also provide support across our other consumer-facing verticals as needs arise.

This is an exciting opportunity for someone who is both business-minded and regulatory-focused, and who wants to play a meaningful role in shaping the future of the prediction markets industry. The successful candidate will work closely with leadership to help shape the strategy, regulatory infrastructure, and long-term direction of a rapidly growing prediction markets business.

Note: This role does not require a law degree or bar license. We welcome candidates with deep regulatory and compliance experience in CFTC-regulated markets, whether they come from a legal, compliance, regulatory affairs, or operations background.

Location Preference:  While this role is Miami-preferred, we are open to candidates from all locations and are focused on finding the best overall fit for the position.

What You'll Do:

  • Build, implement, and maintain a comprehensive compliance program for our prediction markets product

  • Advise on CFTC compliance for event contracts and prediction market products, including product structure, contract terms, and market rules

  • Assist with regulatory registrations, applications, and filings, and prepare the organization for the obligations that accompany them

  • Draft, review, and update policies, procedures, rulebooks, terms and conditions, and other documentation governing the trading of our products

  • Review marketing, advertising, and educational materials for compliance with applicable CFTC and NFA rules and regulations

  • Interface with regulators and self-regulatory organizations, and help prepare the company for regulatory engagement and examinations

  • Partner with the firm’s risk, operations and IT departments

  • Partner with external counsel on specialized regulatory matters

  • Identify, analyze, and mitigate regulatory and legal risk while supporting commercial objectives

  • Provide ad hoc compliance and legal support across our other verticals

What We're Looking For:

  • 5–10+ years of experience in regulatory, compliance, or legal work involving CFTC-regulated products and entities (e.g., designated contract markets, FCMs, or prediction markets). Law degree and bar license welcome but not required.

  • Strong working knowledge of the Commodity Exchange Act and CFTC and NFA rules; familiarity with the regulatory frameworks applicable to event contracts and prediction markets is a significant plus

  • Experience building or maintaining a compliance program, ideally in a startup or high-growth environment

  • Track record of standing up compliant products and operations under federal regulatory frameworks

  • Familiarity with the gaming, sports betting, fantasy sports, or related consumer verticals is a plus

  • Excellent written and verbal communication skills, with the ability to translate complex regulatory requirements into practical guidance for business teams

  • Strong project management skills and the ability to manage competing priorities in a fast-paced environment

  • A solutions-oriented mindset and the ability to operate with limited precedent

Betr provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or gender expression. We deeply understand the value of bringing together a team with different perspectives, educational backgrounds, and life experiences. We encourage people from underrepresented backgrounds to apply
 
Thank you for your interest in Betr. We look forward to reviewing your application.

Skills Required

  • 5-10+ years experience in regulatory, compliance, or legal work involving CFTC-regulated products and entities
  • Strong working knowledge of the Commodity Exchange Act and CFTC and NFA rules
  • Experience building or maintaining a compliance program
  • Experience standing up compliant products and operations under federal regulatory frameworks
  • Excellent written and verbal communication skills, able to translate regulatory requirements for business teams
  • Strong project management skills and ability to manage competing priorities
  • Ability to interface with regulators, self-regulatory organizations, and external counsel
  • Familiarity with regulatory frameworks applicable to event contracts and prediction markets
  • Familiarity with gaming, sports betting, fantasy sports, or related consumer verticals
  • Law degree and/or bar license
  • Experience in a startup or high-growth environment (ideal)
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Miami, Florida
117 Employees
Year Founded: 2022

What We Do

Founded in 2022 by Joey Levy and Jake Paul, Betr is a leading sports gaming and sports media company focused on enhancing the consumption of sports through entertainment. Betr's gaming products are differentiated through a unique product experience with a simplified user interface that is catered to the casual sports fan, enabling Betr to capture more of the under-penetrated online gaming addressable market. Betr began with a beta version of its Online Sports Betting (OSB) product, which only offered microbetting markets such as the next play in a football game or the next pitch in a baseball game, before launching its real-money Daily Fantasy Sports (DFS) product, Betr Picks, in 24 states. Betr plans on launching its V1 Sportsbook product with full sportsbook capabilities ahead of the 2024 NFL season, as well as its iGaming vertical with the launch of Betr Casino by the end of 2024. Betr's media division, Betr Media, is the fastest growing sports betting media brand in the United States that has grown to over 2.5 million followers, 2.4 billion impressions, and 127 million engagements across its social channels since publicly launching in August 2022. Betr Media is able to effectively reach and engage its audience at scale given its large social following coupled with its unique combination of in-house media talent and production, with an emphasis on original short-form video content. Betr is backed by Fuel Venture Capital, Aliya Capital Partners, Roger Ehrenberg/IA Sports Ventures, Florida Funders, 8vc, Anti Fund, 305 Ventures, and many others.

Similar Jobs

ServiceNow Logo ServiceNow

Project Manager

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Hybrid
West Palm Beach, FL, USA
29000 Employees

SoFi Logo SoFi

Business Operations Director, Crypto

Fintech • Mobile • Software • Financial Services
Easy Apply
Remote or Hybrid
United States
4500 Employees
147K-253K Annually

EchoStar Logo EchoStar

Remote Retention Representative

Aerospace • Cloud • Digital Media • Information Technology • Mobile • News + Entertainment • Generative AI
In-Office or Remote
Orlando, FL, USA
14500 Employees
34K-150K Hourly

EchoStar Logo EchoStar

Call Center Retention Rep - Remote

Aerospace • Cloud • Digital Media • Information Technology • Mobile • News + Entertainment • Generative AI
In-Office or Remote
Sarasota, FL, USA
14500 Employees
34K-150K Hourly

Similar Companies Hiring

GameChanger Thumbnail
Computer Vision • Digital Media • Kids + Family • Mobile • Software • Sports
New York City, NY
260 Employees
SRAM, LLC Thumbnail
Fitness • Hardware • Mobile • Software • Sports • Transportation • Esports
Chicago, IL
3800 Employees
DraftKings Thumbnail
Digital Media • Gaming • Information Technology • Software • Sports • Esports • Big Data Analytics
Boston, MA
6400 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account