Engineering Manager, Clearing, Payments & Risk

Polymarket • New York, NY

1d • $350,000 - $500,000

About The Position

Polymarket is hiring an Engineering Manager to lead the teams responsible for moving, clearing, and protecting customer funds on Polymarket US. The role owns clearing, payments, and risk systems and leads engineering for the Futures Commission Merchant (FCM) build, a major company initiative. It requires prior experience building these systems and understanding their regulatory context.

The manager will lead the FCM program, own the clearing engine and post-trade systems, oversee payments across bank, card, and wallet rails, and build real-time risk controls. The role works closely with Clearing Operations, Treasury, Compliance, Legal, and DCO/FCM business leads to translate regulatory and operational requirements into auditable systems. It also hires and manages senior engineers, sets technical standards, runs on-call, and remains involved in technical design decisions.

Requirements

• 8+ years of software engineering experience and 2+ years managing engineers, with a track record of shipping financial systems in production.
• Direct subject-matter experience in at least two of FCM operations, clearing and settlement, or payments infrastructure.
• Working knowledge of the CFTC framework for customer funds, including segregation, margining, daily reconciliation and reporting, and regulators' expectations for the systems that produce them.
• Strong understanding of money-movement correctness, including double-entry ledgers, idempotency, reconciliation, and failure handling across external partners.
• Ability to lead a 0-to-1 build at startup speed while maintaining the controls required in a regulated business.
• Clear written communication with engineers and non-technical partners in operations, finance, and compliance.

Nice To Haves

• Experience building relevant systems at an FCM, futures or crypto derivatives exchange, broker-dealer, or payments company.
• Experience standing up a new FCM, DCO, or derivatives clearing member, or taking one through a regulatory review.
• Background with margin methodologies, such as SPAN-style models, or collateral management.
• Experience with stablecoin or on-chain settlement rails alongside traditional banking rails.
• Hands-on experience in Go or another systems language used for high-throughput services.

Responsibilities

• Lead engineering for the FCM program, including customer onboarding and account structure, customer fund segregation, margin and collateral, and integration with the clearinghouse.
• Own the clearing engine and post-trade systems, including settlement, position and balance management, reconciliation, and the underlying ledger.
• Own payments across bank, card, and wallet rails, including authorization-time fraud and risk checks and relationships with processors and banking partners.
• Build real-time risk controls, including pre-trade and pre-funding checks, exposure limits, and monitoring.
• Work with Clearing Operations, Treasury, Compliance, Legal, and DCO/FCM business leads to translate regulatory and operational requirements into systems that hold up under audit.
• Hire, grow, and manage a team of senior engineers; set the technical bar, run on-call, and stay close to the code to guide design decisions.

Benefits

• Competitive salary and equity.
• Unlimited PTO.
• Health, vision, and dental coverage.
• 401(k) match.
• Full hardware setup, including a new MacBook Pro, large display, and accessories.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed