Surveillance Analyst

MEMX

5d•$80,000 - $115,000•Remote

About The Position

Members Exchange (MEMX) is searching for a surveillance professional to assist with the monitoring and regulation of its market. The Surveillance Analyst will use analytical tools and surveillance systems to detect potential violations of both MEMX rules and federal securities rules and regulations. The Surveillance Analyst will function as part of the regulatory team which seeks to protect the integrity of the market. MEMX currently has a U.S. presence in these states: California, Colorado, Connecticut, Florida, Georgia, Illinois, Kansas, Maine, Maryland, Michigan, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, & Utah. If you live outside of the above states, please list in your application and our team will evaluate.

Requirements

3+ years of surveillance experience at either a broker dealer or regulator is essential
Experience in surveillance of securities markets, specifically equities and/or equity derivatives
Knowledge of U.S. markets and market structure
Bachelor’s degree in related field or equivalent experience demonstrating analytical capabilities
Excellent written and verbal communication skills with attention to detail
Competence with a PC, applications such as excel used in analysis and ability to learn specialized applications is essential
Strong data analytics capabilities with the ability to write and execute SQL database searches
Self-starter who can work independently in a real-time environment

Responsibilities

Utilize computer resources and specially designed applications to analyze and review trading activity deemed to be unusual or suspicious as well as other output generated by the surveillance system
Conduct in-depth research and analysis to validate surveillance output using various market data tools and specialized software applications
Communicate with member firms orally and in writing to obtain information relevant to activity under review
Analyze member firms’ responses to determine if further investigation or further action is warranted
Investigate potential issues arising from operational and business units within MEMX
Assist in surveillance design, parameter and user acceptance testing and creation / maintenance of surveillance procedures
Surveillance Analyst will ensure that surveillances are kept current with MEMX business offerings and market structure changes in order to recommend enhancements when necessary
Prepare memoranda to document the MEMX investigative process, member firms responses, and to recommend dispositions
Research and respond to complaints
Analyze and research activity referred by other regulators