Trade Surveillance Associate

The Trade Surveillance Associate monitors assigned products and markets in conducting surveillance of order and trade activities of the firm, identifying potential violations of Federal Securities Laws (e.g., market and price manipulation), regulatory violations and other positions or activity that could adversely affect Hold Brothers Capital. The associate conducts routine review and investigations of unusual market activity for evidence of violations of applicable federal securities laws, FINRA. Analysts are provided with tools & information sources that display manipulation & analysis of data related to trading activity, position maintenance & news. They work closely with experienced staff & develop the capacity to conduct high quality routine surveillance & investigations with minimal supervision.

Principal Accountabilities:

• Communicate surveillance analyses and findings to department management and to other members of the department.
• Conduct transaction surveillance of Equity business units in order to detect potential regulatory violations, identify suspicious activity and items requiring corrective action.
• Analyze transaction activity detected, document findings, provide written explanations to the transaction detail, and conduct investigations into any issue that may arise.
• Conduct investigations in connection with the department’s monitoring of compliance with identifying certain forms of market manipulation, forms of misconduct, position limit, delivery and reporting rules and are expected to develop a sound understanding of surveillance and product rules, deliveries and back-office protocols, and surveillance and investigative techniques.
• Exhibit strong written and verbal communication skills and will routinely engage market participants and representatives of clearing firms in conducting contract surveillance activities and case responsibilities.
• Monitor market participation, deliveries, news and economic performance of assigned products, and must demonstrate a solid understanding of the fundamental factors that influence the price of their assigned contracts.
• Prepare written reports that are reviewed by management staff and, in situations involving material rule violations, presented to Exchange disciplinary commitment.

Requirements

• Bachelor’s degree required
• Must have Series 7 or 24 or equivalent
• 3-5 years of relevant experience.
• Experience in a surveillance position within a financial services firm, an exchange, or a regulatory agency a plus.

• Strong PC skills (Microsoft Office with emphasis on PowerPoint and Excel)
• Strong judgment and excellent written skills with the ability to present information in differing degrees of details and form depending on the audience
• Comfortable engaging with all levels of management
• Strong critical thinking and decision making skills
• Attention to detail and quality assurance
• Proven ability to build strong partnerships with colleagues, desire to learn quickly, be flexible and think strategically
• Ability to multi-task, prioritize, problem solve, trouble shoot and follow-up independently
• Must work well under competing deadlines and possess strong organizational skills

• MS Word, MS Excel and various proprietary Market Regulation systems.

• Strong data analysis skills.

Salary Range: $110,000 - $130,000

Benefits

Medical, Dental, Vision, Paid Time Off