What are the responsibilities and job description for the Trade Compliance Analyst position at National Futures Association?
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 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.
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.
Salary : $88,400 - $147,400
