Surveillance Analyst

Job Description:

Role Overview 

The Surveillance Analyst role will include real-time and pattern-based surveillance of the Cboe option markets to detect possible violations of Cboe and SEC rules and policies. The position will be based in Chicago, IL.

Position Summary: The role will include real-time and pattern based surveillance of the Cboe option markets to detect possible violations of Cboe and SEC rules and policies.

Your responsibilities will be:

Performs a combination of the following duties according to Department and Division guidelines:

• Conduct real-time surveillance and analysis of option securities traded on the
  Cboe Exchanges to detect possible violations of Cboe and SEC rules and policies.
• Conduct real-time monitoring of Cboe trading systems to ensure compliance with Cboe rules. 
• Collaborate with various Cboe teams to further enhance the Regulatory Program.
• Assist in responding to inquiries from the SEC and other regulatory bodies.
• Assist in the maintenance of internal policies and procedures related to the Cboe Surveillance Program. 
• Stay apprised of industry concepts and events while contributing in the creation of surveillance concepts that address potential regulatory concerns. 
• Build and maintain an understanding of the Exchanges’ regulatory environment, relevant rules and regulations, technologies and systems, processes and operational methodologies, investigative and examination techniques. 

The ideal candidate has:

• Bachelor's Degree in Economics, Business, Finance or related field
• 2+ years of financial markets experience in a professional analyst role. Market experience may be gained through positions with banks, exchanges, asset managers, broker-dealers, hedge funds, mutual funds, or similar institutions. Directly related experience in a regulatory, compliance, surveillance, or investigative role is a plus.
• Knowledge of general securities industry, derivatives markets industry, and/or Cboe, C2, BZX, or EDGX rules and regulations.   
• Knowledge of the following preferred:  exchange regulatory and rules requirements as well as regulatory nuances; exchange data structures and regulatory design, including some systems elements.
• Must be proficient in Excel and/or other applications that are utilized to analyze data and trends. 
• Must have strong analytical and research skills. 
• Experience with SMARTS Trade System Surveillance Software is a plus.
• Organize and prioritize tasks and work assignments; complete multiple tasks simultaneously with accuracy and quality; adjust to changes in priorities and situations; complete work under pressure; meet deadlines.
• Interact in a professional manner with internal and external contacts; communicate clearly with all levels of management and staff; use tact and diplomacy; maintain confidentiality; and appropriately handle and communicate controversial or sensitive information.
• Be thorough and precise when accomplishing a task; double-check accuracy to consistently provide high-quality work with minimal errors; compare work to what is expected to find and correct inconsistencies; remain aware and take care of details for all aspects of the job involved, even those easy to overlook.
• Learn new information and concepts quickly and independently; take initiative to seek knowledge needed for the job or assignment.
• Evaluate, analyze, and summarize data and facts in a manner that clearly documents the review conducted and the decisions made for the particular matter.
• Work cooperatively in group situations; balance team and individual responsibilities; and exhibit objectivity and openness to others’ views.