Trade Surveillance Specialist in Chicago, IL at TradeStation

Date Posted: 7/26/2020

Job Snapshot

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

Job Description

Trade Surveillance Specialist
Chicago, IL
TradeStation is an on-line brokerage firm seeking to level the playing field for self-directed investors and traders, empowering them to claim their individual financial edge.  At TradeStation, we're continuously pushing the boundaries of what's possible, encouraging out-of-the-box thinking and relentless search for innovation.  We offer a collaborative and flexible work environment, competitive salaries, comprehensive benefits and an unlimited PTO policy.
We are seeking a Trade Surveillance Specialist for TradeStation Securities, Inc.'s (“TradeStation”) Financial Crimes Prevention Group (“FCPG”). The role will be primarily responsible for implementation and oversight of the trade surveillance system designed to detect and prevent behaviors that may violate industry rules and regulations or internal policies and procedures. The position will also conduct extensive investigations into market abuse in equities, options, and futures trading activity, as well as to monitor compliance with FCPG policies and procedures.
  • Conduct trade surveillance reviews intended to identify potential instances of rule violations, market abuse, market manipulation, or suspicious activity
  • Engage directly with relevant business personnel on alert escalations to determine the final course of action
  • Review rules and regulations applicable to TradeStation's AML and FCPG Compliance Programs
  • Assist FCPG management with surveillance implementation projects and issue resolution by performing data analysis and testing as requested
  • Identify and escalate any issues that impact the quality of the surveillance alerts
  • Assist with Fraud and AML investigations on alerted activities and file Suspicious Activity Reports, if appropriate
  • Assist with related duties associated with TradeStation affiliates, including cryptocurrency activities, if needed
  • Knowledge of securities, futures and money transmitter (cryptocurrency) compliance laws, rules, regulations, risks and typologies, with an emphasis on how the various asset classes are traded
  • Knowledge of trade surveillance systems
  • Knowledge of BSA/AML/OFAC/KYC regulations as they apply to higher risk accounts such as institutional accounts, private banking, foreign correspondent accounts (USA PATRIOT Act Section 312) and PEPs (preferred)
  • Experience filing SARs (preferred)
  • Proficient in MS Word, Excel and Outlook
  • Strong interpersonal, analytical, writing and communication skills
  • Self-motivated, dependable, adaptable, and detailed-oriented
  • Demonstrated knowledge in area of focus
  • Bachelor’s degree
  • 5 or more years of work experience in trade surveillance in a broker-dealer, financial services firm, or regulatory organization, or a combination thereof
  • Series 3, 7, and 24 licenses preferred
  • CAMS, CFE, or similar AML or fraud Certification preferred