Full-Time

Head of Security Engineering

DevSecOps, CISO

Smarkets

Smarkets

51-200 employees

Peer-to-peer betting exchange and sportsbook app

No salary listed

London, UK

Hybrid

Three days in the office and two days working from home each week.

Category
Cybersecurity (2)
,
Required Skills
Bash
Kubernetes
Microsoft Azure
Agile
Python
Incident Response
GitHub Actions
Infrastructure as Code (IaC)
Docker
AWS
Go
Jenkins
SCRUM
DevOps
CircleCI
Google Cloud Platform

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Requirements
  • Hands-on experience building security engineering and DevSecOps capabilities in a cloud-native, high-growth environment, ideally in financial services or exchange infrastructure.
  • Experience communicating with executive, board, and regulatory audiences.
  • Familiarity with CFTC system safeguards expectations, including 17 C.F.R. § 38.1051 and § 39.18 or similar regulatory requirements.
  • Strong understanding of application security principles, including the OWASP Top 10 and NIST, and secure software development lifecycle practices.
  • Proficiency with continuous integration and continuous delivery tooling such as GitHub Actions, GitLab CI, Jenkins, Azure DevOps, and CircleCI.
  • Proficiency with security tools such as Snyk, Aqua, Trivy, Checkov, Twistlock, and Clair.
  • Hands-on expertise securing AWS, Azure, and Google Cloud Platform, Kubernetes, containers, and infrastructure as code.
  • Proficiency in Python, Bash, Go, or a similar programming language.
Responsibilities
  • Establish and evolve Smarkets' security capabilities as the first dedicated security engineering hire within the Infrastructure and Engineering teams.
  • Own regulatory and industry engagement, including with the Commodity Futures Trading Commission, and reflect external expectations in internal practice.
  • Define a pragmatic, risk-based security strategy across cloud infrastructure, applications, trading systems, and the corporate environment.
  • Lead or support the investigation, containment, and remediation of security incidents, including post-incident root cause analysis and corrective actions.
  • Work with Engineering teams to build security into the software development lifecycle through static application security testing, dynamic application security testing, software composition analysis, and container and infrastructure-as-code scanning in continuous integration and continuous delivery pipelines.
  • Implement controls across AWS, Kubernetes, containers, and infrastructure as code, hardening identity, secrets, and network access.
  • Establish security monitoring and detection across applications, application programming interfaces, and infrastructure.
  • Develop and maintain security policies, standards, and controls meeting designated contract market and derivatives clearing organization requirements.
  • Maintain evidence and documentation to support regulatory examinations and audits.
  • Act as a security partner to engineers, building a culture of security ownership.
Desired Qualifications
  • Personal interest in sports, exchanges, or trading.
  • Certifications such as DSOP, Certified Kubernetes Security Specialist, Certified Information Systems Security Professional, Certificate of Cloud Security Knowledge, Certified Secure Software Lifecycle Professional, or AWS, Azure, or Google Cloud Platform Security Specialty.
  • A track record of security automation at scale in Agile/Scrum environments.
  • Direct experience with regulators or examiners on technology and system safeguards.
  • Familiarity with event contracts, prediction markets, or similar novel futures products under the Commodity Futures Trading Commission.

Smarkets runs a peer-to-peer betting exchange where individuals bet against each other on events like sports and politics. Bets are matched between users on the platform, and Smarkets earns a small commission on net winnings, which can result in better odds for bettors compared to traditional bookmakers. In addition to the exchange, Smarkets offers SBK, a sportsbook app that provides user-friendly betting odds. Unlike traditional bookmakers, the platform’s value comes from facilitating trades between users rather than taking bets directly from the house. This model aims to attract a large, active community of bettors and traders, with plans to expand into the US market. Overall, the goal is to provide transparent, competitive odds and a scalable betting ecosystem through international growth and strategic partnerships.

Company Size

51-200

Company Stage

Series A

Total Funding

$3.3M

Headquarters

London, United Kingdom

Founded

2008

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Simplify Jobs

Simplify's Take

What believers are saying

  • March 2026 CFTC filings open the U.S. prediction-market market for 2026 launch.
  • CNBC reported over $1.2 billion traded this year, showing accelerating volume.
  • Pending sportsbook applications in Illinois, Iowa, and Michigan broaden optionality beyond exchanges.

What critics are saying

  • The CFTC can reject or delay DCM and DCO approval past 2026.
  • Kalshi, Polymarket, and Hyperliquid intensify prediction-market competition in the same window.
  • If U.S. licensing stalls, Smarkets stays a niche UK exchange with limited growth.

What makes Smarkets unique

  • Smarkets owns its matching engine, payments, and settlement stack end-to-end.
  • Its exchange model lets participants set prices, not a house margin.
  • Susquehanna-backed CFTC filing positions Smarkets as regulated exchange infrastructure, not just a sportsbook.

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Benefits

Health Insurance

Pension Scheme

Enhanced Parental Leave

Flexible Working

Holiday

Stock Options

Learning & Development

Cycle-to-Work Scheme

Global Working

Team Energy

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-2%
Associated Press
Mar 9th, 2026
Smarkets files for CFTC licence to enter US prediction markets with Susquehanna backing

Smarkets, a UK-based prediction market backed by trading firm Susquehanna, has filed for a licence with the US Commodity Futures Trading Commission to enter the American prediction markets space. The company is pursuing dual regulatory tracks: federal approval through the CFTC for its exchange platform and state-by-state sportsbook licensing for its SBK product. Founded in 2008, Smarkets has processed approximately $50 billion in lifetime trading volume and currently handles $3 billion annually whilst operating profitably. Unlike traditional sportsbooks that build margins exceeding 10% into prices, Smarkets functions as a financial exchange where participants set prices through an open marketplace. The company owns its entire technology stack, including matching engine, market-making capability and payments systems. Susquehanna led Smarkets' $30 million Series B funding round.

GlobeNewswire
Mar 9th, 2026
Smarkets, Backed by Trading Giant Susquehanna, Files for CFTC License to Enter U.S. Prediction Markets

Smarkets, backed by trading giant Susquehanna, files for CFTC license to enter U.S. Prediction markets. One of UK's leading prediction markets files for CFTC license, bringing exchange-style trading and transparent pricing to the U.S. Market. March 09, 2026 14:52 ET | Source: Smarkets LONDON, March 09, 2026 (GLOBE NEWSWIRE) - Smarkets, one of the UK's leading prediction markets, has filed for a license with the U.S. Commodity Futures Trading Commission (CFTC), marking its formal entry into the U.S. prediction markets space. Built on nearly two decades of technology development and approximately $50 billion in lifetime trading volume, the company is bringing a genuinely different model to America - one where prices are set by participants, not the house. The filing opens two parallel regulatory tracks: a federal route through the CFTC for its core exchange platform, and state-by-state sportsbook licensing for its SBK product. Founded in 2008 and now the number two prediction market in the UK, Smarkets owns its full technology stack end-to-end, including its matching engine, market-making capability, payments and data settlement systems. The company processes approximately $3 billion in annual traded volume and is profitable. Unlike traditional sportsbooks, which build margins of around 10+ percent into every price, Smarkets operates as a financial exchange with prices being determined in an open marketplace. "The U.S. market is currently in a race against time to figure out how to regulate the predictions market. For the last nearly two decades, we've built Smarkets slow and steady, ensuring we built an exchange platform that did not cut corners and operated with transparency, putting the power into the hands of traders rather than the house," said Jason Trost, founder and CEO. "We believe now is the time to enter the U.S. market and bring the learnings that have made us successful in the U.K., working with regulators, not around them." Smarkets is backed by Susquehanna, one of the world's largest quantitative trading firms, which led a $30M Series B. Previous investors include Passion Capital and DTCP. ABOUT SMARKETS Founded in 2008, Smarkets operates one of the world's largest regulated prediction markets on sports and political events. Built to function as a financial exchange, Smarkets combines advanced proprietary technology with a focus on transparent pricing to consistently offer some of the most competitive prices on major global events. Visit smarkets.com. MEDIA CONTACTS Andy Duenas [email protected]

European Gaming Media
Jul 25th, 2022
Smarkets Limited launched SBK on Jul 25th 22'.

Smarkets, operator of one of the world’s largest betting exchanges, has today announced the launch of its new sportsbook product, SBK.

SportsHandle
Jul 15th, 2022
Smarkets Limited expanded offices to Washington, District of Columbia, United States on Jul 15th 22'.

Another European-based company in the wagering space announced it is increasing its U.S. footprint this week, as exchange-trading company Smarkets is opening a new office in Washington, D.C.

London Business News
Jun 8th, 2022
Sheldon Hanai leaves Nike, Inc. as Senior Director level as the Head of Global Innovation Finance

Sheldon Hanai joins Smarkets from Nike where he spent nearly six years, rising to Senior Director level as the Head of Global Innovation Finance.