U S Treasurer

crypto com

📍 chicago illinois united states💰 $150K–$200K/yearly🕐 1mo ago🔗 crypto

Job Description

Crypto.com is one of the world’s largest cryptocurrency and financial services platforms, founded in 2016 and serving customers across the globe. In the United States, Crypto.com operates a fully regulated derivatives business through Crypto.com | Derivatives North America (formerly the North American Derivatives Exchange, or Nadex) — a U.S. Commodity Futures Trading Commission (CFTC)-regulated Designated Contract Market and Derivatives Clearing Organization headquartered in Chicago — together with its affiliated Futures Commission Merchant (FCM), Foris DAX FCM LLC. This structure gives Crypto.com control over the full U.S. futures stack — exchange, clearing house, and broker — a regulated footprint that is rare among crypto-native firms. It places the business at the forefront of prediction markets: one of the fastest-growing and most closely watched categories in finance today, where customers trade on the outcomes of real-world events across economics, politics, sports, and culture. Customer interest and trading volumes in this space have surged, and Crypto.com is investing heavily to scale its regulated prediction-markets and derivatives business. The Treasury function sits right at the center of that growth — safeguarding customer funds and ensuring the liquidity that keeps these markets running. Role Overview Reporting to the Director of Finance and Accounting – Americas, the U.S. Treasurer leads the treasury function for Crypto.com’s U.S. and Canadian derivatives and prediction-markets entities, including the Futures Commission Merchant (FCM) and Nadex. Leading a team of four, the Treasurer owns cash and liquidity management, payments and settlement, banking relationships, custody operations, and treasury controls across multiple legal entities. This is a hands-on leadership role with a clear mandate to modernize the function through process automation and artificial intelligence (AI), operating in a highly regulated, deadline-driven environment where the continuous protection of customer funds and the sufficiency of liquidity are paramount. As one of the fastest-growing businesses in the industry, this is a rare opportunity to build and scale the treasury operations behind a rapidly expanding prediction-markets franchise. Leadership & Team Management • Lead, develop, and retain a high-performing U.S. Treasury team of four — setting clear goals, coaching team members, and holding the team to high standards of accuracy and accountability. • Set clear, measurable expectations and hold team members accountable through performance scorecards — an accountability standard this role both champions and is measured against. • Drive team performance and build bench strength, ensuring robust backup coverage across all critical treasury functions. • Serve as a strategic treasury partner to senior business, Product, Trading, and Technology leadership. • Coordinate with global treasury counterparts on shared priorities, deadlines, and upcoming product launches. Treasury, Cash & Liquidity Management • Own daily cash position monitoring across multiple legal entities, tracking balances, liquidity levels, capital requirements, and funding obligations. • Direct daily treasury funding transfers, ensuring timely execution, confirmed settlement, accurate tracking, and prompt escalation of issues. • Maintain sufficient liquidity to meet all customer and operational obligations at all times. • Oversee daily reconciliations across trading systems and bank accounts, ensuring reconciling items, breaks, and exceptions are investigated and resolved promptly. • Design and adjust flow-of-funds for new products, accounts, and banking arrangements, partnering closely with Product and Technology teams. Banking Relationships, Settlement & Custody • Review and approve daily payments, wires, and vendor (accounts payable) disbursements across entities. • Serve as the primary point of contact for banking partners, and manage bank account opening and closure for U.S. and Canadian entities. • Administer banking and payment-portal access — entitlements, approval limits and authorities, multi-factor authentication (MFA), periodic access reviews, and segregation of duties. • Oversee vault operations and custody settlement, including financial operations for trust and custody services (user administration, transaction policies, and token management) and review and approval of related invoices. • Manage bank-partner due-diligence requests and cross-border foreign exchange (FX) settlement. • Actively manage and drive down treasury-related costs — including bank account analysis fees — while optimizing interest income and earnings credit rate (ECR) across banking relationships. • Respond to operational disruptions (e.g., exchange outages) that affect settlement, coordinating across Technology and third-party partners. Process Automation & AI • Champion the use of process automation and artificial intelligence (AI) to modernize treasury operations and improve efficiency, accuracy, controls, and scalability. • Maintain and expand existing automations, including end-of-day reconciliation and reporting send-outs, transaction review and approval tracking, and daily balance reporting by entity. • Define and execute the treasury automation roadmap, prioritizing high-impact opportunities across cash, settlement, reconciliation, and reporting. Regulatory, Audit & Compliance (Critical) This is a deadline-driven function with strict, recurring timelines for regulatory reporting. Responsibilities include, but are not limited to: • Ensure ongoing compliance with customer-funds protection requirements and applicable National Futures Association (NFA) and CFTC obligations, including customer segregated funds (CFTC 1.20, 30.7, 22.2) and residual interest. • Support regulatory reporting, regulatory examinations, and internal and external audit requests across the FCM, Nadex, and related entities. • Manage state unclaimed-property reporting and other statutory compliance obligations. Required Qualifications • Bachelor’s degree in Finance, Accounting, Economics, or a related field. • 8+ years of progressive treasury, finance, or financial-operations experience, including at least 2–3 years leading and managing teams. • Proven people-leadership skills, with a track record of building and driving high-performing teams. • Experience holding team members accountable to performance scorecards or similar structured, metrics-based performance frameworks. • Hands-on expertise applying process automation and artificial intelligence (AI) to finance or treasury workflows. • Demonstrated experience driving down treasury-related costs, including reducing bank account analysis fees and improving interest income and earnings credit rate (ECR). • Strong cash management, liquidity, and funding experience, ideally across multiple legal entities. • Experience overseeing payments and settlement operations and reconciliation controls. • Experience managing banking relationships and bank-account administration. • Experience operating in a regulated financial services environment (e.g., exchange, broker, crypto entity, futures commission merchant, or bank). • Strong attention to detail and a commitment to accuracy. • Demonstrated strong communication skills, with the ability to partner across functions and with senior stakeholders. • Comfortable working to strict, recurring deadlines, particularly for time-sensitive regulatory reporting. Preferred Qualifications • Direct experience at a Financial Institution, Futures Commission Merchant, Designated Contract Market, clearing house, or derivatives clearing organization. • Working knowledge of customer segregation rules (CFTC 1.20, 30.7, 22.2) and residual interest requirements. • Certified Treasury Professional (CTP), Chartered Financial Analyst (CFA), or Certified Public Accountant (CPA) designation. • Demonstrated success scaling automation and artificial intelligence (AI) within a finance or treasury function. • Experience with multi-entity and cross-border (U.S. and Canada) treasury operations. • Exposure to digital assets, custody operations, crypto markets, or prediction markets. • Hands-on experience with a treasury management system (TMS), advanced Microsoft Excel, and business intelligence (BI) tools (e.g., Tableau, Power BI). Work Arrangement This is a full-time, hybrid position based in Chicago, IL, with an expectation of regular in-office presence alongside remote work.
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