Surveillance Analyst

Description

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, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, & Utah. 

*If you live outside of the above states, please list in your application and our team will evaluate.

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

Requirements

• 3+ years surveillance experience at either a broker dealer or regulator 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

Benefits

At MEMX you will have the ability to work with a talented team of professionals who bring diversity of thought and background. You will have the opportunity to shape the future of our company and the impact MEMX will have on our clients and the broader markets. We offer competitive employee benefits and perks and will continue to make this a priority to attract the best.   

• Work From Home 
• Health Care Plan (Medical, Dental & Vision) 
• Retirement Plan (401k) 
• Life Insurance (Basic, Voluntary & AD&D) 
• Unlimited Paid Time Off 
• Generous Paid Family Leave 
• Short Term & Long-Term Disability 
• Training & Development 
• Wellness Resources 

Pay Range: $80,000 - $115,000

*Pay ranges are a general guideline only and not a guarantee of compensation. Compensation may vary depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location. 

Equal Opportunity Statement  

MEMX is an equal opportunity employer. We are committed to creating a diverse and inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.  

Diversity Inclusion Statement  

At MEMX, we believe that diversity and inclusion are essential to driving innovation and success. We welcome and celebrate individuals from all backgrounds and perspectives, and we strive to create an inclusive culture where everyone can thrive.