Senior Manager - MarketWatch

Manager, Regulatory Surveillance

Nasdaq MarketWatch is hiring a Philadelphia-based manager. In this role, you will have a team of direct reports and largely be responsible for managing the post-trade investigations and interactions with the Surveillance Technology group. Nasdaq's MarketWatch team operates a multifaceted surveillance program; including real-time surveillance for activity on the Nasdaq Equity exchanges to maintain an orderly marketplace and level playing field for investors, market participants and listed companies. To foster marketplace integrity, MarketWatch oversees the complete and timely disclosure of material information by Nasdaq-listed companies. In addition, MarketWatch monitors compliance with Exchange rules and policies through real-time and post-trade electronic surveillance patterns covering Nasdaq markets. Patterns detect, and the MarketWatch team analyzes anomalous price and volume data, as well as potential regulatory and policy infractions by market participants in equities transactions.

We are looking for an outstanding manager to help lead our team of regulatory experts in MarketWatch. In this role, you will report to the Associate Vice President of MarketWatch and be part of a team of 200+ legal, risk, compliance, and regulatory professionals located in the U.S. and Europe.

Our ideal candidate is able to, among other things:

• Take a lead role in post-trade triage, investigations and referrals
• Effectively communicate with software developers, and technical teams
• Provide judgment on market surveillance of real time trading and deeper analysis of complex situations
• Directly supervise surveillance analysts and manage their training and matters related to staffing
• Provide guidance and make decisions that directly impact trading, e.g., trade breaks and suspensions
• Communicate with issuers, their counsels, internal partners, member firms, the SEC, FINRA and other external parties (including the general public) on Nasdaq rules, policies, and procedures related to market surveillance
• Support in matters related to staffing, budgeting, and other strategic initiatives related to Nasdaq's regulatory operations

Your responsibilities

• Assist in overseeing surveillance for trading in listed equities, requiring prompt informed analysis and decisions
• Interpret referrals regarding suspected market abuse and disciplinary matters, determining proper course of action
• Oversee the evaluation of markets to detect anomalies, review electronically generated alerts, and address market participant inquiries
• Supervise and lead a professional staff by motivating, developing, recruiting and retaining staff while rewarding and cultivating a culture of high performers
• Assist with developing quality assurance methods for our operations, including leveraging technology to drive innovation and efficiencies
• Assist with developing initiatives that form market practice for extremely important processes specific to exchange trading, including development of proprietary systems and tools, regulations and standards, and ensuring alignment with strategy
• Manage projects to support policy initiatives of Nasdaq, including assigning and coordinating staff project support and evaluating data and relevant materials for the development of recommendations
• Prepare and participate in internal and external presentations
• Lead project task forces or committees and provide thought leadership and assume responsibility for additional projects and tasks as assigned
• An undergraduate degree in business, accounting, finance, data analytics or related field.
• 3+ years of regulatory, securities trading, data analytics and/or financial investigative related work experience.
• Proven ability to work under pressure, and decisive judgment regarding significant events that impact the investing public
• Excellent verbal and written communication, multi-task work performance, and presentation/negotiation skills are required.

Come as You Are

Nasdaq is an equal opportunity employer. We welcome applications from candidates of all backgrounds and identities.

We are committed to fostering an inclusive workplace where diverse perspectives, experiences, and identities are valued and celebrated.

We ensure that individuals with disabilities are provided with reasonable accommodation throughout the hiring process.

What We Offer

We're proud to offer a competitive rewards package that is meaningful, recognizes the unique needs of our employees and their families and incentivizes employees for their contribution to Nasdaq's overall success.

In addition to base salary, Nasdaq offers significant other compensation (annual bonus/commissions and equity), benefits, and opportunity for growth. Exact compensation may vary based on several job-related factors that are unique to each candidate, including but not limited to: skill set, experience, education/training, business needs and market demands.

Nasdaq's programs and rewards are intended to allow our employees to:

• Secure Wealth: 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $10k, Company paid life and disability plans, Generous paid time off
• Prioritize Health: Comprehensive medical, dental and vision coverage, Health spending account with employer contribution, Paid flex days to support mental wellbeing, Gym membership discounts
• Care for Family: Hybrid home/office schedule (for most positions), Paid parental leave, Fertility benefits, Paid bereavement leave
• Connect with Community: Company gift matching program, Employee resource groups, Paid volunteer days
• Grow Career: Education Assistance Program, Robust job skills training and Professional development opportunities