Non-ExecutiveDirector-DCOMarketParticipant

NON-EXECUTIVE DIRECTOR - DCO MARKET PARTICIPANT   ABOUT SMARKETS Smarkets is a prediction market exchange for sports and political trading that has handled over $50 billion in volume since 2010. We are upending the sports betting industry by growing a platform that offers the best value for traders, with not only the fairest prices but also the best technology, alongside a superior customer experience. ENTITY Smarkets Board of Trade Clearing LLC ROLE SUMMARY Smarkets Clearing is seeking a Market Participant Director for the board of Smarkets Board of Trade Clearing LLC. The role brings practical market-user, trading, clearing, brokerage, risk-management, or derivatives-market experience into the governance of the DCO. The Market Participant Director is not required to be independent of market participants; the purpose is to bring informed participant perspective to the clearinghouse’s governance, subject to fitness, integrity, and conflicts-of-interest controls. The director must exercise judgment consistent with Smarkets Clearing’s regulatory obligations and must not act solely as a representative of any clearing member, trading participant, customer, shareholder, employer, client, or commercial interest. KEY RESPONSIBILITIES The director will contribute to board-level oversight of Smarkets Clearing — including participant eligibility and access, clearing and settlement operations, collateralisation, participant-facing controls, market conduct, operational risk and resilience, default management, financial resources, system safeguards, regulatory compliance, and recovery and wind-down planning. The role brings practical insight into how clearinghouse rules, controls, and processes affect participants, customers, and other stakeholders, and provides non-executive oversight and constructive challenge, not day-to-day management. CANDIDATE PROFILE AND EXPERIENCE Candidates would generally have at least 10 years’ relevant experience (or equivalent seniority and expertis