Who are we?
ElectronX™ is the first U.S.-regulated, direct access electricity derivatives market, offering financial products to address volatile short-term price exposure to electricity. With offices in Chicago and New York City, ElectronX is building the missing financial infrastructure and risk management tools necessary to smooth the path for U.S. energy production, diversification and grid expansion in a time of rapidly increasing power demand.ElectronX is a venture capital-backed startup supported by premier VC partners including Innovation Endeavors, Systemiq Capital, Equinor Ventures, Shell Ventures LLC, DCVC, Amplo, BoxGroup and Lightning Capital.
Who are we looking for?
As a fast-growing company in the highly competitive, quantitative capital markets industry, ElectronX values candidates who are resourceful, curious and adaptable to change. Our cultural focus on innovation requires collaborative and entrepreneurial teammates with the intellectual grit necessary for near- and long-term success.
What you will be doing :
Trade Surveillance & Market Monitoring
- Monitoring surveillance systems daily to detect potential market manipulation, spoofing, wash trading, and other abusive trading practices
- Conducting daily reviews of trading activity, alert escalations, and flagged patterns
- Investigating suspicious trading behavior and preparing detailed investigative reports
- Maintaining surveillance alert tuning and scenario optimization to ensure effective detection
Regulatory Reporting
Assisting with Part 16 reporting, including interpretation and guidance on PMKTDATA and TCR submissionsSupporting Part 17 large trader reporting, including LTPOS file preparation and Form 102A / 102B completion and CFTC portal submissionsCollaborating with the technology team on daily, weekly, and monthly regulatory reporting requirementsDocumentation & Reporting
Supporting regulatory examinations and audit requestsDocumenting compliance procedures and maintaining policy and procedure updatesWhat we need from you :
Bachelor's degree in Finance, Economics, Business, or related field1-3 years of experience in compliance, surveillance, or regulatory reporting, preferably in derivatives marketsStrong understanding of CFTC regulations and derivatives market structureDemonstrated analytical and investigative skills with the ability to identify patterns and anomaliesProficiency in Excel and data analysis toolsExperience working with trade surveillance systems or platformsExcellent written and verbal communication skills for preparing investigative reports and regulatory correspondenceHigh attention to detail and ability to work independently in a fast-paced environmentBonus points if :
You have hands-on experience with surveillance platforms like Validus or similar systemsYou have a background in energy markets or power tradingYou're familiar with market manipulation schemes and detection methodologiesYou have direct experience with CFTC Part 17 Large Trader reporting systemsYou have direct experience with CFTC Part 150 and Position LimitsBenefits
Health, vision and dental insurance401KSupplemental health and disability insuranceUnlimited vacationFlex-workEqual Opportunity Statement :
ElectronX is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.
This position is not eligible for immigration sponsorship.