The Market Surveillance Analyst monitors assigned products and markets in conducting surveillance and trade activities of the firm, identifying potential violations of Federal Securities Laws, regulatory violations and other activity that could negatively affect the company. The Analyst conducts routine review and investigations of unusual market activity for evidence of violations of applicable federal securities laws,FINRA. Analysts are provided with tools & information sources that display manipulation & analysis of data related to trading activity, position maintenance & news. They work closely with experienced staff & develop the capacity to conduct high quality routine surveillance & investigations with minimal supervision.
- Communicate surveillance analyses and findings to department management
- Conduct transaction surveillance of Equity business units in order to detect potential regulatory violations, identify suspicious activity and items requiring corrective action.
- Analyze transaction activity detected, document findings, provide written explanations to the transaction detail, and conduct investigations into any issue that may arise.
- Conduct investigations in connection with the department’s monitoring of compliance with identifying certain forms of market manipulation, forms of misconduct, position limit, delivery and reporting rules and are expected to develop a sound understanding of surveillance and product rules, deliveries and back-office protocols, and surveillance and investigative techniques.
- Monitor market participation, deliveries, news and economic performance of assigned products, and must demonstrate a solid understanding of the fundamental factors that influence the price of their assigned contracts.
- Prepare written reports that are reviewed by management staff and, in situations involving material rule violations, presented to Exchange disciplinary committees.
- Bachelor’s degree required
- 3-5 years of relevant experience.
- Experience in a surveillance position within a financial services firm, an exchange, or a regulatory agency a plus.
- Strong PC skills (Microsoft Office with emphasis on PowerPoint and Excel)
- Attention to detail and quality assurance
- Proven ability to build strong partnerships with colleagues, desire to learn quickly, be flexible and think strategically
- Ability to multi-task, prioritize, problem solve, trouble shoot and follow-up independently