Supervisor, Compliance, Trade Surveillance in Chicago, IL at TradeStation

Date Posted: 1/15/2022

Job Snapshot

  • Employee Type:
  • Location:
    Chicago, IL
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:

Job Description

Supervisor, Compliance, Trade Surveillance
Chicago, IL or Plantation, FL
At TradeStation, we believe in empowering our customers to claim their individual financial edge. We are committed to creating a financial ecosystem that is a step ahead by delivering the best technology, services, education, and support to traders and investors. We are continuously pushing the boundaries of what is possible, encouraging out-of-the-box thinking and a relentless search for innovation.
We are a team of amazing people who work together in a high-performance, goal-oriented culture to provide our customers with exceptional products and services. We offer a collaborative work environment, competitive salaries, comprehensive benefits, and an unlimited PTO policy.
The Trade Surveillance team provides supervisory oversight based on specific rules required by the SEC, FINRA, CFTC and trading exchanges.  This position is required to analyze, define, document and translate transactional records, client trading patterns and activities to ensure compliance with all rules.  This position requires a high capacity to work efficiently with other team members to accurately understand the trade flows and the life cycles of transactions with an attention to detail to identify potentially risky trading practices (i.e. wash sales, off market transactions, front running, options fraud).  Responsibility to use professional judgment and industry experience to assist compliance management in the day-to-day compliance efforts and special projects related to regulatory, legal policies, procedures and practices.
  • Extensive experience in regulatory rules, trade surveillance, terminology and systems
  • Review and analyze internal and external reports for exceptions and use professional judgment to coordinate with responsible parties to ensure compliance with applicable laws and regulations
  • Act as subject matter expert in the performance of market surveillance across a rang of financial products
  • Leverage large data sets and advanced analytical skills to enhance research and investigations, ensuring both quantitative and qualitative analysis is included in decision making
  • Maintain through records and supporting documentation for all investigations
  • Liaise with Fraud, operations and other departments to perform research and implement corrective action plans
  • Provide current regulatory information to management and applicable business units
  • Respond to regulatory requests for information
  • Any and all duties assigned to you by the CCO or Compliance Directors
  • Highly proficient in all Microsoft Office applications and Microsoft SharePoint
  • Strong problem-solving skills with the ability to determine cause and devise solutions independently
  • Solid writing and analytical skills with the ability to complete projects in a fast-paced work environment
  • Critical thinker with root cause analysis skills
  • Bachelor’s Degree from a four-year college/university or equivalent work experience
  • 5-8+ years of related experience
  • Series 3, 7, 24 and 63 required or must be obtained within first 6 months