Trade Surveillance Analyst

This is a fully remote position, open to applicants in California, +1 more state.

📋 Description

• Oversee real-time and post-trade activities to identify potential manipulation, fraud, and disruptive trading behaviors.

• Analyze and investigate alerts from the surveillance platform by reconstructing orders and trades to ascertain whether alerts are errors, false positives, or actual violations, while documenting the rationale.

• Execute participant inquiry processes, including requests for broker explanations.

• Collaborate directly with FCMs and clearing members to collect information and resolve cases.

• Elevate potential rule violations and compile case files for review, enforcement, and regulatory inquiries under the guidance of trade surveillance or market regulation leadership.

• Assist in the design of case-management workflows, alert tuning, and automation processes.

• Contribute to the development of written surveillance procedures and prepare for DCM Core Principle readiness prior to launch.

• Manage high-volume first-line alert reviews and take on broader investigative responsibilities as the function expands.

• Participate in providing coverage for a 24/7 market, which includes scheduled weekend or off-hours shifts.

⛳️ Requirements

• 2–5+ years of experience in trade or market surveillance at an exchange or regulatory body is highly preferred; experience in trading compliance at an FCM, broker-dealer, or trading firm is also strongly considered.

• Practical experience in investigating surveillance alerts, preferably using Nasdaq SMARTS or a similar platform, such as Eventus Validus, TT Score, NICE Actimize, Solidus, or b-next.

• Familiarity with manipulative and disruptive trading patterns and methods to evidence them.

• Experience with digital assets and investigations related to them, as well as traditional financial instruments, futures, or other derivatives.

• Proficient in on-chain analysis and forensic tracing of wallets and fund flows using tools like Chainalysis, TRM Labs, or Elliptic.

• Excellent written and verbal communication skills.

• Strong attention to detail and disciplined documentation practices.

• Ability to navigate ambiguity, adapt to shifting priorities, and establish processes where none exist.

• Capability to work from authorized security devices and environments.

• Must comply with information barrier, conflict-of-interest, and personal trading policies, including restrictions on trading in monitored markets.

• Experience with SQL, Python, or other data tools is a plus.

• Familiarity with 24/7 markets or crypto derivatives is a plus.

• Exposure to CFTC/NFA regulations, DCM Core Principles, or rule-enforcement reviews is a plus.

🏝️ Benefits

• Remote-first work culture.

• 24/7 market coverage with scheduled weekend or off-hours shifts.

• Clear opportunities for broader investigative responsibilities and potential team leadership as the function grows.