Trade Surveillance Analyst

Responsibilities

• Triage the daily surveillance alert queue, reviewing flagged trading activity for spoofing, layering, wash trading, front-running, and other manipulative patterns.
• Investigate alerts end-to-end, pulling and analyzing order book data, position information, and trade history using SQL, Python, or internal tools.
• Write clear, well-documented case summaries for both routine closures and escalations to senior staff.
• Maintain accurate case records and investigation files consistent with CFTC Core Principle 2 recordkeeping requirements.
• Support senior analysts in reviewing and calibrating automated surveillance thresholds to reduce noise and improve signal quality.
• Assist in preparing documentation, reports, and materials for CFTC examinations and regulatory audits.
• Stay current on CFTC rules, DCM Core Principles, and relevant developments in exchange market structure.

Requirements

• 0 to 3 years of experience in trade surveillance, market regulation, exchange operations, or financial services compliance.
• Working knowledge of futures and options markets, including how order books function and how exchange trading mechanics work.
• Familiarity with CFTC regulations and DCM Core Principles, or a demonstrated willingness to get up to speed quickly.
• Proficiency in Excel and structured data analysis, with the ability to translate raw trading data into documented findings.
• Strong written communication skills, specifically for producing case documentation that holds up to regulatory scrutiny.
• Ability to work independently, manage competing priorities, and make sound judgment calls under time pressure.

Nice-to-Haves

• Hands-on experience with automated surveillance platforms such as Nasdaq Surveillance or Validus.
• SQL or Python used in a compliance or trading context.
• Prior experience in a regulated financial environment such as an exchange, FCM, or introducing broker.

Compensation and Benefits

• Competitive salary & equity
• Full Health, Vision, & Dental coverage
• 401k match
• Hardware setup: new MacBook Pro, big display, & accessories