Trading Floor Surveillance Analyst

Cedar Cares, Inc; Chicago (IL); On-site; USD 79,000 - 103,000; Full time

Job summary

Cboe Global Markets in Chicago, IL is seeking an experienced Surveillance Specialist to perform trading floor surveillance and assist in identifying potential violations of Cboe rules and federal securities regulations. The role emphasizes using various programs and the ability to analyze complex issues in a fast-paced environment.

Candidates should have 3-6 years of options trading experience and a Bachelor’s degree in Economics, Business, or Finance.

Qualifications

• 3-6 years of options trading experience.
• Bachelor’s degree in Economics, Business or Finance.
• Legally authorized to work in the United States without sponsorship.

Responsibilities

• Maintains a presence in the SPX/VIX trading crowd monitoring/documenting possible violations of Exchange Rules including rules governing the trading floor and of the Securities Exchange Act of 1934.
• Builds and maintains an understanding of the Exchanges’ regulatory environment, relevant rules and regulations, technologies and systems, processes and operational methodologies, investigative and examination techniques.
• Interacts with internal regulatory staff and external contacts (such as Self-Regulatory Organizations, trading permit holders, SEC).
• Researches issues, evaluates evidence and recommends disposition to management for review.

Education

Bachelor’s degree in Economics, Business or Finance

Job description

Job Description Summary

Perform trading floor surveillance activities to assist in determining possible violations of Cboe rules, federal securities regulations, and other applicable rules and regulations governing trading activity. In addition to performing floor surveillance, the use of various programs and ability to identify complex issues in a fast paced environment.

Duties and Responsibilities

• Maintains a presence in the SPX/VIX trading crowd monitoring/documenting possible violations of Exchange Rules including rules governing the trading floor and of the Securities Exchange Act of 1934 Researches issues, evaluates and analyzes evidence and recommends appropriate disposition to management for review.
• Builds and maintains a thorough understanding of CBOE's trading and regulatory environment, as well as the broader securities industry, in areas such as markets, products, relevant rules and regulations. Actively participates in departmental training/continuing education opportunities and meetings.
• Professionally interacts with internal regulatory staff and external contacts (such as Self-Regulatory Organizations, trading permit holders, SEC). Actively participates in team projects, discussions and problem solving.
• Build and maintain an understanding of the Exchanges’ regulatory environment, relevant rules and regulations, technologies and systems, processes and operational methodologies, investigative and examination techniques.

Knowledge, Skills and Abilities

• Working knowledge of derivatives markets, especially option pricing methodologies, CBOE rules, policies and trading floor procedures.
• Working knowledge in one or more of the following areas preferred: securities or commodities futures regulation, securities or commodities futures trading with experience in options, analytical research, varied trading floor operations, back office, or retail securities
• Basic level skills in MS Office (Word, Excel and Outlook) and other business related software
• Ability to evaluate, analyze, and summarize data and facts; establishes logical connections; forms sound decisions based on analysis.
• Organizes and prioritizes tasks and work assignments; completes multiple tasks simultaneously with accuracy and quality; adjust to changes in priorities and situations; completes work under pressure; and meets deadlines
• Completes work without the need for prompting from supervisor or others; successfully completes most tasks independently, asking for additional support when appropriate
• Creates clearly-written, organized documents and correspondence with correct grammar, spelling and punctuation; prepares detailed written reports including logical, factual analysis with clarity, completeness, and accuracy
• Organizes and expresses ideas clearly and understandably when speaking to individuals or groups; uses professional grammar and word choice; listen to others and respond appropriately
• Interacts in a professional manner with internal and external contacts; uses tact and diplomacy; maintains confidentiality; appropriately handles and communicates controversial or sensitive information

Experience

3-6 years or more of options trading experience.

Education

Bachelor’s degree in Economics, Business or Finance.

This position is not eligible for visa sponsorship. Candidates must be legally authorized to work in the United States without the need for employer sponsorship now or in the future.

Salary Ranges (applicable for US locations only)

At Cboe, we are committed to providing a competitive, transparent, and market-informed total rewards program. The anticipated base salary range for this role is $79,475-$102,850, with actual compensation determined by job-related factors such as skills, relevant experience, education, internal alignment, and location. This role may also be eligible for annual incentive compensation and, where applicable, participation in Cboe's long-term equity programs. Additional information about Cboe's total rewards program, including benefits and other compensation components, can be found here: Total Rewards at CBOE.

Cboe Global Markets is an Equal Opportunity Employer.

For more information, please click the following links:

• Equal Employment Opportunity is The Law (in English)
• Equal Employment Opportunity is The Law (in Spanish)
• Equal Employment Opportunity is The Law (Supplement)
• E-Verify Participation Poster (English & Spanish)
• Right to Work Poster (English)
• Right to Work Poster (Spanish)