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Compliance & Surveillance Analyst

Compliance & Surveillance Analyst

ElectronXChicago, IL, United States
13 hours ago
Job type
  • Full-time
Job description

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 submissions
  • Supporting Part 17 large trader reporting, including LTPOS file preparation and Form 102A / 102B completion and CFTC portal submissions
  • Collaborating with the technology team on daily, weekly, and monthly regulatory reporting requirements
  • Documentation & Reporting

  • Supporting regulatory examinations and audit requests
  • Documenting compliance procedures and maintaining policy and procedure updates
  • What we need from you :

  • Bachelor's degree in Finance, Economics, Business, or related field
  • 1-3 years of experience in compliance, surveillance, or regulatory reporting, preferably in derivatives markets
  • Strong understanding of CFTC regulations and derivatives market structure
  • Demonstrated analytical and investigative skills with the ability to identify patterns and anomalies
  • Proficiency in Excel and data analysis tools
  • Experience working with trade surveillance systems or platforms
  • Excellent written and verbal communication skills for preparing investigative reports and regulatory correspondence
  • High attention to detail and ability to work independently in a fast-paced environment
  • Bonus points if :

  • You have hands-on experience with surveillance platforms like Validus or similar systems
  • You have a background in energy markets or power trading
  • You're familiar with market manipulation schemes and detection methodologies
  • You have direct experience with CFTC Part 17 Large Trader reporting systems
  • You have direct experience with CFTC Part 150 and Position Limits
  • Benefits

  • Health, vision and dental insurance
  • 401K
  • Supplemental health and disability insurance
  • Unlimited vacation
  • Flex-work
  • Equal 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.

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