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Surveillance Associate

Clear StreetDel Mar, CA
On-site Full-time $95K/yr - $110K/yr

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Experience Level

Experience

Qualifications

Responsibilities: Examine order lifecycle data (entry, modification, cancellation, and execution) to evaluate intent and impact. Investigate trading activity to uncover potential manipulation and abusive practices, including spoofing, layering, momentum ignition, wash trading, and pre-arranged trades. Conduct cross-product surveillance across equities and listed options. Independently assess and resolve NTS alerts through comprehensive trade reconstruction, order book analysis, and market context evaluation. Document findings clearly and succinctly within surveillance case management systems. Escalate potential issues to senior surveillance staff, accompanied by detailed analyses. Assist in compiling case summaries for monthly Trade Surveillance Committee meetings. Provide constructive feedback to senior team members regarding alert performance, false positives, and recurring patterns observed in NTS. Identify surveillance gaps or emerging risks linked to new market phenomena.

About the job

About Clear Street:

Clear Street is at the forefront of transforming the brokerage ecosystem. Established in 2018, we are a diversified financial services firm dedicated to overhauling outdated infrastructure prevalent in capital markets.

We have innovatively built a fully cloud-native clearing and custody system tailored for the complexities of today's global market. Our proprietary prime brokerage platform enhances market efficiency while prioritizing the reduction of risk, redundancy, and costs for our clients. Our vision is to cultivate a unified source-of-truth platform for every asset class, across all countries and currencies.

By merging adept product and engineering expertise with seasoned finance professionals, we are crafting the foundational elements essential for thriving in today’s dynamic markets.

The Role:

The Compliance Team is on the lookout for a meticulous and driven Surveillance Associate to handle daily trade surveillance reviews for our active trader clientele. This role is centered on identifying, analyzing, and escalating potential market manipulation and abusive trading practices utilizing Nasdaq Trade Surveillance (NTS), focusing primarily on equities and listed options. The position demands exceptional analytical judgment and experience in reviewing intricate trading strategies and order placement patterns characteristic of active retail trading. You will gain exposure to complex trading behaviors, evolving surveillance challenges, and opportunities for increased responsibilities as you grow in your role.

About Clear Street

Clear Street is revolutionizing the brokerage landscape by offering innovative financial services that replace conventional systems with advanced, cloud-based solutions. Our mission is to ensure efficiency, minimize risks, and provide a reliable platform for a diverse range of financial assets.

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