Trade Surveillance Manager (Broker-Dealer & Swap Dealer)

Trade Surveillance Manager (Broker-Dealer & Swap Dealer)

We are seeking a highly skilled Trade Surveillance Manager to lead and enhance the firm's surveillance program across both its institutional Broker-Dealer (BD) and Swap Dealer (SD) businesses. This individual will oversee day-to-day surveillance operations, maintain robust controls around the monitoring of trading activity, and ensure ongoing compliance with SEC, FINRA, CFTC, and NFA regulatory requirements.

The ideal candidate will bring market-conduct expertise across Swap Dealer products (Interest Rates, FX, and Energy Commodities) as well as institutional Broker-Dealer activities (Equities and Fixed Income). The candidate should demonstrate strong analytical capabilities, sound judgment, and a proven track record supervising surveillance teams within a highly regulated trading environment.

Responsibilities

Program Oversight & Governance

• Lead daily surveillance operations for both Broker-Dealer and Swap Dealer trading activities.
• Oversee the maintenance and enhancement of surveillance procedures, scenarios, and parameter settings within the trade surveillance platform.
• Ensure the surveillance program aligns with regulatory expectations and internal risk frameworks.

Alert Review & Escalation Management

• Oversee timely review and disposition of all surveillance alerts, ensuring resolution within established timeframes.
• Manage the escalation of potential trading violations in accordance with the firm's escalation matrix.
• Perform secondary reviews on alerts escalated for supervisory attention or potential rule breaches.

Documentation & Reporting

• Ensure complete and accurate documentation of all alert reviews, including disposition rationale and supervisory evidence.
• Support monthly managerial review processes and prepare surveillance metrics and reporting for senior management.

Data Integrity, Reconciliation & Testing

• Oversee periodic data completeness and accuracy checks for both BD and SD surveillance.
• Ensure reconciliations between trading systems of record and trade surveillance platform are completed and exceptions addressed.
• Participate in scenario testing, calibration reviews, and overall system governance.

Regulatory & Audit Support

• Support internal audits and regulatory examinations and inquiries (SEC, FINRA, CFTC, NFA), including documentation of responses and remediation efforts.

Leadership & Collaboration

• Manage, train, and develop surveillance analysts, fostering a culture of compliance, well-managed, and continuous improvement.
• Collaborate with Compliance, Legal, Technology, Risk, and business partners to resolve issues and enhance program effectiveness.
• Participate in industry groups.

Basic Qualifications

• Bachelor's Degree in Finance or any other quantitative field, (Business, Math, Economics, Finance, Statistics, Science, Engineering) or military experience
• At least 5 years of trade surveillance, market regulation, or At least 5 years Compliance experience within a Broker-Dealer or Swap Dealer environment.

Preferred Qualifications

• Advanced degree
• 6+ years of trade surveillance, market regulation, or 6+ years compliance experience within a Broker-Dealer or Swap Dealer environment.
• Relevant certifications (FINRA Series 7/24, NFA Swap Dealer Associated Person proficiency)
• Strong understanding of SEC, FINRA, CFTC, and NFA rules governing market conduct, manipulation.
• Experience with rule-based surveillance platforms (Actimize, Validus, Protegent)
• Proven leadership experience with the ability to manage and develop a high-performing team.
• Excellent analytical, communication, and documentation skills.
• Ability to manage multiple priorities in a fast-paced, regulated environment.

At this time, Capital One will not sponsor a new applicant for employment authorization for this position. The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

New York, NY: $159,400 - $181,900 for Risk Manager Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter. This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com.

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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).