Senior Securities Analyst II

NFA is purpose-driven. We safeguard the integrity of the derivatives markets, protect investors and ensure that our Members meet their regulatory obligations. We take pride in our work; maintain a conviction to do the right thing; empower each other; and support our community. Envision your career in a place where performing critical regulatory work within the financial industry is as significant as the diverse, passionate and talented individuals with whom you work.

When you join NFA as a Senior Securities Analyst, Market Regulation, you will utilize your analytical and problem-solving skills to support NFA's Market Regulation program. By conducting detailed trade analysis and market surveillance (primarily for security-based (SB) swaps), you'll be responsible for assisting swap execution facilities (SEF) in meeting their self-regulatory responsibilities to monitor trading on their own platforms.

Bring your curiosity and critical thinking skills. Bring your thirst for knowledge and learning. Bring a healthy skepticism and an eye for detail.

What you'll do:

You'll join a high-performing team of dedicated problem solvers who conduct detailed trade analysis and market surveillance on behalf of SEFs who contract with NFA for these services. Specifically, your responsibilities will include:

Reviewing trade activity related to trade exceptions and alerts triggered by surveillance systems.

Conducting SEF pricing analysis.

Documenting findings and preparing requests for information for firms, if necessary.

Reviewing staff analysis and ensuring daily work and investigations are progressing in a timely manner.

Reviewing price distortions and, where possible, disruptions of delivery or cash settlement processes.

Utilizing outside quote vendors and market data to monitor various market situations.

Reviewing basis relationships between SBSEF products and corresponding markets.

Surveilling off-SBSEF block trades to ensure they are executed in conformity with exchange rules and SEC regulations.

Ensuring trade cancellations are conducted in accordance with SEC regulations and exchange rules.

Leading monthly meetings with exchanges and communicating with exchange and clearing firm staff.

What we’re looking for:

Detail-oriented, driven individuals thrive in this collaborative, analytical role. We value diverse perspectives and are looking for motivated applicants with a broad range of backgrounds and experiences. If you're eager to apply your problem-solving abilities to serve a public good—supporting the integrity of the derivatives markets—and meet the qualifications below, we encourage you to apply to join our Market Regulation department as a Senior Securities Analyst.

Bachelor’s degree in a relevant field or equivalent work experience within the financial services industry

Minimum of five years of experience in trade surveillance, regulation, compliance, analytics or a closely related field

Prior experience with or development proficiency in technologies such as Python, C++, Java, C#, SQL, and Excel (including VBA)

Hands-on experience with SB swaps and off-SBSEF block trades

In-depth knowledge of SBSEF rules, SEC regulations and market regulation surveillance systems

Demonstrated leadership skills with the ability to be proactive and foster a collaborative environment

The salary range for this position is $88,400-$147,400.00 

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

Requisition ID:680 

Nearest Major Market: Chicago