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Data Analyst - Surveillance

Data Analyst - Surveillance
New York, US
47,000 - 78,000
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Job Description

Who we are

At Nasdaq, we are relentlessly reimagining the world of tomorrow — one that is built on innovative technology, fueled by market-moving insights and driven by forward thinking.

We provide our employees with the resources and opportunities they need to chart a career of achievement, growth and endless possibilities.

Our People Lead with Integrity, take ownership, strive to fuel client success, consistently deliver value and collaborate to play as a team to innovate at the highest level

The Operations and Compliance Network, LLC (Ocean), a wholly-owned subsidiary of Nasdaq, provides, hosts, and maintains one or more alternative trading systems platforms (Customer Execution Platforms) on behalf of registered broker-dealers (Customer) of the Customer Execution Platforms, and provides certain support services related to Customers’ compliance, surveillance, and supervisory obligations. It also is an SCI systems provider to its SCI entity clients, maintains various policies and procedures that support such SCI entity clients with meeting their obligations under Regulation Systems Compliance and Integrity. Ocean uses Nasdaq’s technology, operations, and compliance monitoring, to provide trading and compliance support services to its clients. Ocean received exemptive relief from the SEC from registration as a broker-dealer, as it operates more as a service organization.

The Team

The Ocean Data Surveillance team manages alerts, investigation status, supporting documentation maintenance, outputs, and other information demonstrating appropriate review and escalation of alerts. This allows its customers ‘compliance teams to minimize the most common surveillance challenges by translating regulatory guidelines and rules governing trading conduct into trading alerts that identify potentially abusive trading behavior, providing data analytics functionality to manage alerts and outputs, and demonstrating appropriate review and escalation of alerts, and sourcing, capturing, and maintaining data elements required to conduct a complete review of trading activity.A typical day will include:

  • Analyzing orders and trading activity based on real time-alerts and other generated alerts
  • Monitoring markets to detect anomalies, review electronically generated alerts, and address market participant inquires
  • Advising management and employees of market surveillance observations and obligations
  • Preparing written reports and analyses for management
  • Interacting with customers on market surveillance issues
  • Coordinating efforts related to audits, reviews, and examinations
  • Undertaking regulatory technology and other regulatory projects
  • Establishing remediation processes for identified regulatory issues
  • Administering annual training program for the staff.
  • Working in collaboration with the Office of General Counsel to strengthen market surveillance programs.
  • Assisting to ensure surveillance systems are meaningful and valid
  • Assisting with preparation, creation, and development of review procedures

You will need to demonstrate:

  • Substantive knowledge of equities markets and basic trading strategies.
  • Self-starter ability to work both independently and as part of project teams.
  • Ability to work and thrive in a fast-paced legal and business culture.
  • Excellent written and verbal communication skills and a fine attention to detail.
  • Analytical problem-solving experience
  • A high level of professionalism and outstanding business judgment.
  • Microsoft Excel proficiency

Education Requirement:

  • Bachelor’s degree
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