Corporate Counsel, Prediction Markets

Job description

At DraftKings, AI is becoming an integral part of both our present and future, powering how work gets done today, guiding smarter decisions, and sparking bold ideas. It’s transforming how we enhance customer experiences, streamline operations, and unlock new possibilities. Our teams are energized by innovation and readily embrace emerging technology. We’re not waiting for the future to arrive. We’re shaping it, one bold step at a time. To those who see AI as a driver of progress, come build the future together. The Crown Is Yours As Corporate Counsel supporting DKeX , you'll help build the legal framework behind one of DraftKings' newest regulated businesses. You'll provide strategic legal guidance to the teams developing and operating our designated contract market while supporting related regulated exchange and clearing initiatives. Working at the intersection of financial markets, technology, and product development, you'll help build the legal foundation for a new regulated marketplace while translating complex regulatory requirements into practical business guidance. You'll join a growing Legal Team where you'll help establish the legal and regulatory foundation for an evolving business at the forefront of regulated prediction markets. What you'll do as Corporate Counsel, Prediction Markets 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 specialized 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. What you'll bring 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 analyze 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. Experience advising a Designated Contract Market, Derivatives Clearing Organization, futures commission merchant, broker-dealer, exchange, or financial regulatory agency is preferred. #LI-AI1 Join Our Team We’re a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Don’t worry, we’ll guide you through the process if this is relevant to your role. The US base salary range for this full-time position is 160,800.00 USD - 201,000.00 USD, plus bonus, equity, and benefits as applicable. Our ranges are determined by role, level, and location. The compensation information displayed on each job posting reflects the range for new hire pay rates for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific pay range and how that was determined during the hiring process. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.