Associate, Listing Operations

📋 Description

• • As an Associate, Listing Operations at DraftKings Inc., you will be instrumental in establishing and refining the core products that drive our innovative prediction market exchange. This role is uniquely positioned at the nexus of product design, regulatory compliance, economic principles, and the dynamic world of sports, offering a challenging and rewarding opportunity to shape the future of prediction markets.
• • Your primary responsibility will be to translate complex ideas and product concepts into meticulously crafted, compliant, and scalable contract specifications. These specifications are the bedrock of our prediction markets, ensuring they operate smoothly within a highly regulated and scrutinized environment.
• • You will be tasked with drafting and diligently maintaining the contract specifications for all Exchange products. This includes defining precise settlement criteria, identifying reliable resolution sources, and establishing clear timelines for market completion. The accuracy and clarity of these specifications are paramount to the integrity and success of our offerings.
• • A significant part of your role will involve generating and rigorously evaluating new product ideas for prediction markets. This extends beyond sports to encompass a broader range of potential domains, requiring creative thinking and a deep understanding of market dynamics.
• • You will be responsible for designing market structures that artfully balance competing considerations. This involves navigating the intricate interplay between regulatory requirements, sound economic principles, and operational feasibility to create markets that are both viable and compliant.
• • Collaboration is key. You will work closely with our dedicated Regulation team, legal counsel, and external economists. This partnership is essential to ensure that every contract design not only meets but exceeds the requirements of the applicable CFTC framework, safeguarding our operations and reputation.
• • Furthermore, you will prepare comprehensive supporting analyses for regulatory filings. This includes articulating the economic purpose of our markets, demonstrating bona fide hedging use cases, assessing market size and demand, and providing clear explanations of why our contracts are designed to be not readily susceptible to manipulation. Your analytical prowess will be critical in gaining regulatory approval and maintaining market confidence.
• • This role offers a unique opportunity to gain in-depth knowledge of the prediction market landscape, from the intricacies of contract structures and settlement mechanics to the nuances of edge cases and potential disputes. You will contribute directly to the growth and evolution of DraftKings' prediction market exchange, influencing the types of markets launched and their robustness against regulatory and economic scrutiny.
• • By joining DraftKings, you become part of a forward-thinking technology company that is embracing AI and emerging technologies to enhance customer experiences and streamline operations. You will be at the forefront of innovation, helping to shape the future of the industry.
• • The position is fully remote within the US, offering flexibility and the opportunity to work from anywhere within the country. You will be part of a publicly traded company (NASDAQ: DKNG) with a strong presence in the gaming and technology sectors.
• • Your work will directly impact the user experience and the overall success of DraftKings' prediction market offerings, making this a high-impact role within the organization. You will be empowered to contribute your expertise and ideas to a rapidly growing and exciting business segment.
• • The role requires a proactive approach to identifying potential risks and developing mitigation strategies within market designs and operational processes. You will contribute to building a robust and trustworthy prediction market ecosystem.
• • You will be expected to stay abreast of evolving regulatory landscapes and industry best practices, ensuring our products remain compliant and competitive.
• • This position offers a chance to develop specialized expertise in a niche but rapidly expanding area of financial and speculative markets, providing valuable career growth opportunities.
• • The Associate, Listing Operations will be a key contributor to the product development lifecycle, from ideation and design through to regulatory approval and market launch.
• • You will gain exposure to cross-functional teams, including product, engineering, legal, compliance, and marketing, fostering a holistic understanding of the business.
• • The role demands a high degree of attention to detail and a commitment to upholding the highest standards of integrity and compliance in all aspects of your work.
• • You will be a critical part of a team that is not just operating in the market but actively shaping its future through thoughtful design and rigorous execution.