--- title: 'Regulatory Chief of Staff at Novig' canonical: 'https://feeny.ai/job/regulatory-chief-of-staff-novig-new-york-jjb207zj8acc' type: 'job' last_seen: '2026-09-09' --- # Regulatory Chief of Staff at Novig - **Company:** Novig - **Location:** New York, NY - **Employment:** full-time - **Posted:** 2026-08-19 - **Last confirmed live:** 2026-09-09 - **Apply:** https://jobs.ashbyhq.com/novig/d75cad03-2a48-4cba-bf35-1fa4d51d7b41 ## Job description ## REGULATORY CHIEF OF STAFF $100k – $130k • meaningful equity ## ABOUT NOVIG Novig is building America's #1 sports prediction market. Our mission is to financialize and democratize sports trading - taking a closed system run by casinos and turning it into a fair, efficient, two-sided market where the power sits with users. With Novig recently becoming a CFTC-designated market — the fastest designation of its kind in US history— we're bringing the prediction market built for sports fans nationwide. We're backed by some of Silicon Valley's top investors — Pantera, Forerunner, Lux, NFX, Paul Graham, and Joe Montana — who have collectively invested over $100M behind this vision. ## ABOUT THE ROLE Ludlow Exchange, which Novig is built on, is a Designated Contract Market. That means the rules we write are federal rules, the standards we set get filed with the CFTC, and the commitments we make are ones we can be held to. In the last two months, we received the fastest DCM designation in Commission history, launched nationwide, filed the first responsible-trading framework codified into a prediction market rulebook, and opened federal litigation against four states. You'll work directly with our Chief Regulatory & Legal Affairs Officer as the connective tissue of the regulatory function — tracking every open rulemaking, drafting and shepherding filings, running board and committee governance, and turning what we've committed to on paper into something the company actually does. You'll own workstreams end to end from your first month, and you'll be in the room for decisions that determine what this market is allowed to be. The regulatory landscape for prediction markets is being written right now, in public, on a deadline. This is the seat with the best view of it. WHO YOU ARE AND WHAT YOU WILL DO: - Track every open rulemaking, comment deadline, and filing, turning rulebook commitments into written procedures, metrics, and review cycles - Build the systems that 10x the productivity of the team — trackers, templates, calendars, and briefing documents that don't exist yet - Engage directly with the Hill, state governments, and federal agencies including the CFTC and Treasury - You are detail-oriented and highly organized with excellent executive functioning - You are obsessive and believe deeply in the power of markets - You are creative, like working with other creative people, and are motivated by the challenge of an arbitrarily locked door - You have good ideas and want to be in an environment where ideas compete, not titles - You hate information siloing and dogma - You are a team player who believes deeply in the idea of winning as a group. You can disagree without taking things personally - Nice-to-haves: Backgrounds in law, policy, government, markets, or journalism WHY WORK HERE, IN THE WORDS OF THE PEOPLE WHO DO: “I work with extremely stellar people, I own real systems, and decisions happen fast. No politics, no waiting for needless red tape. If something's broken, I fix it. If I build something good, it ships.” “The people! They're smart, thoughtful, fun to work with and passionate about their craft.” “I'm having the most fun I've had in my entire career.” If you want responsibility, trust, and the chance to help build the future of sports prediction markets - take your shot, we’d love to connect. ## NOT FOR EVERYONE - Our work is tied to live sports - that means potential nights, weekends, and pressure included. - If you need clear swim lanes, a heavy process, or someone to tell you what to do, this won’t be the right environment. ## COMPENSATION & BENEFITS - $100k – $130k base, benchmarked at top-tier tech companies - Meaningful equity for every employee, regardless of role - 100% health premiums covered - 99% dental & vision covered - 401(k) with 4% company match - HSA + $1,080 annual company contribution - $50/monthly company contribution to employee transit - $27/day lunch stipend when working from our NYC office - $35/day dinner stipend when working from the NYC office after 6:30pm ## HOMEBASE Union Square, NYC ## About Novig ## Company Overview - **One-liner**: Novig is a commission-free, peer-to-peer sports prediction market that allows users to trade on sports outcomes against each other rather than against the house. - **Entity Type**: Private (Series A; Y Combinator Summer 2022) - **Headquarters**: New York, New York, USA - **Founded**: 2021 - **Founders**: Jacob Fortinsky (CEO) and Kelechi Ukah (CTO) ## Core Business - **Primary industry**: Sports prediction markets / sports trading (disrupting traditional sportsbooks) - **Target customers**: B2C – sports fans and retail traders looking for fair, transparent betting alternatives - **Mission**: “Create a faster, fairer future for traders and fans — free from hidden fees, house edges, and account limits.” ## Products & Services - **[Novig Platform]**: A mobile and web app that enables peer-to-peer sports trading with zero commission. Users set their own odds, trade in real-time, and benefit from full market transparency. Available in 35+ U.S. states. ## Market Standing - **Valuation**: Not publicly disclosed (private company) - **Key Metric**: Over $105 million raised in total funding (including a $18M Series A announced in 2026) - **Notable Investors/Partners**: Pantera Capital, Forerunner Ventures, Lux Capital, NFX, Y Combinator, Paul Graham, Joe Montana - **Growth Signals**: - Fastest growing sports prediction market in the U.S. - Received CFTC approval to operate as a regulated exchange - Team grew to 55 employees (~23 in product & engineering) - Available in 35+ states nationwide ## Competitive Advantages - **Commission-free model**: No house edge or hidden fees; users trade directly with each other. - **Peer-to-peer exchange**: Better pricing and transparency than traditional sportsbooks. - **Regulatory edge**: CFTC-regulated, providing legitimacy and trust in a grey-market industry. - **Backed by top-tier investors**: Deep war chest and network from Silicon Valley’s best. ## Strategic Focus - Continue expanding into new states and product features. - Drive user adoption by marketing the fairness and efficiency of prediction markets vs. sportsbooks. - Build out engineering and operations teams to scale the platform and maintain reliability during high-traffic events. ## Why Work Here - **High-growth, well-funded startup**: Over $105M raised with massive market opportunity in the expanding sports betting sector. - **Impact & ownership**: Engineers and product teams directly shape a platform used by millions. - **Engineering culture**: Modern tech stack (Rust, TypeScript, React Native, Node.js, Python, AWS, Kafka, GraphQL, Redis, PostgreSQL, Terraform, Docker). - **Work model**: Hybrid in-office (NYC headquarters) with 4 days/week in-office expected; remote options available for select roles. - **Benefits**: Competitive salary ($170K–$225K for L4 Backend Engineer), equity, comprehensive health coverage. - **Values-driven**: “Challenge the House”, “Truth Over Ego”, “Move Fast, Think Long”, “Fans First, Always”. - **Passionate team**: Sports fans building for sports fans. ## Sources 1. [Y Combinator – Novig](https://www.ycombinator.com/companies/novig) 2. [Novig Careers](https://novig.com/careers) 3. [Built In – Novig](http://www.builtin.com/company/novig) 4. [Novig Landing Careers](https://landing.novig.com/careers) ## Other roles at Novig - [Lead Brand Designer](https://feeny.ai/job/lead-brand-designer-novig-new-york-bb9xh65qzb1b) — New York, NY - [Chief Fan Officer](https://feeny.ai/job/chief-fan-officer-novig-remote-na05kpbcks9w) - [Software Engineer](https://feeny.ai/job/software-engineer-novig-new-york-q6ta0n6aq08f) — New York, NY - [Fraud Specialist](https://feeny.ai/job/fraud-specialist-novig-new-york-2nwwfqze5mt4) — New York, NY - [Head of Social](https://feeny.ai/job/head-of-social-novig-new-york-aaey5m7js0dq) — New York, NY - [Finance Operations Associate](https://feeny.ai/job/finance-operations-associate-novig-new-york-gn12vhapqw8n) — New York, NY - [Developer Relations Engineer](https://feeny.ai/job/developer-relations-engineer-novig-new-york-zjz7g7s64mzv) — New York, NY - [Market Operations Specialist](https://feeny.ai/job/market-operations-specialist-novig-new-york-rmf923jgv8k4) — New York, NY - [Performance Marketing Manager, Display & CTV](https://feeny.ai/job/performance-marketing-manager-display-ctv-novig-new-york-93hf60z6tm92) — New York, NY - [Customer Experience Specialist (Seasonal)](https://feeny.ai/job/customer-experience-specialist-seasonal-novig-remote-tdztajabdkaz)