Risk & Trade Surveillance Officer

Job: Risk & Trade Surveillance Officer

Location: Chicago, IL (Hybrid)

Full-time

Our client is looking for a motivated Risk professional to join their talented Risk/Trade Surveillance team. The role is based in their Chicago office, but will involve contributing to the Risk and Trade Surveillance teams globally.

From a Risk perspective the role will involve monitoring, assessing and managing market risks arising from client positions held with the company during US hours.

From a Trade Surveillance perspective, the role will involve ensuring that the company complies with its obligations regarding surveillance around market abuse and market manipulation.

You will be an active member of the team by providing detailed analysis and expert views and opinions in surveillance case discussions.

CORE RESPONSIBILITIES

Risk

· Comment and investigate cross check

· Review Risk database checking for missing mapping products and clients

· Monitor free equity at exchanges in US hours

· Limit approvals

· Review portfolio of new clients

· Review BR, understanding how risk metrics work

· Ad hoc risk-based analysis as required

Trade Surveillance

· Trade Monitoring

· Perform daily alert monitoring, investigation, escalation and reporting;

· Escalate issues to Global Head of Regulatory Risk, Compliance and Trade Surveillance as required;

· Conduct investigations into potential instances of manipulative trading.

· Maintain an active involvement in new exchange due diligence to ensure rules are understood and surveillance is in place prior to commencement of trading;

· Assist where required in enquiries received from regulatory and exchange bodies.

· Maintain up-to-date knowledge of exchange trading rules;

· Ensure the Global Head of Regulatory Risk, Compliance and Trade Surveillance is kept appraised of status of trade surveillance and any reportable incidents;

· Liaise with Compliance in each jurisdiction for exchanges where the subsidiary is a clearing member;

· Liaise with Market Risk Team to ensure exchange risk-mitigation tools are being utilized to maximum effect.