Compliance Officer – Trade Surveillance

CTC Lateral - Website & LinkedIn•Chicago, IL

4h•$150,000 - $200,000•Hybrid

About The Position

Chicago Trading Company (CTC) is a premier proprietary trading firm specializing in options market making. Our collaborative culture fuels innovation in quantitative research, systematic trading strategies, and cutting-edge trading technology. For over three decades CTC has provided critical liquidity across derivatives exchanges worldwide - making them fairer, more transparent, and more efficient. We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better. As a Compliance Officer, you will report to the Chief Compliance Officer and handle various tasks supporting the firm’s global compliance operations, focusing on securities and futures trade surveillances for all CTC trading affiliates globally. The ideal candidate will be self-motivated and use their experience, analytical skills, and intellectual curiosity to primarily accomplish the following:

Requirements

Bachelor’s degree required.
Candidates should have at least 8 years of experience in a compliance function that directly supports a professional trading business, or at least 3 years in a compliance function that supports a professional trading business and 5 additional years in non-compliance roles in financial services.
Ability to manage and prioritize multiple ongoing projects in a fast-paced, high-performing trading environment.
Ability to regularly assess the efficiency of control systems and recommend effective improvements.
Demonstrate a high level of integrity.
Proactive approach to help identify regulatory risk for the firm.
Ability to operate effectively in a team environment.
Solid knowledge of electronic trading, emphasizing listed options and futures.
Extensive knowledge of SEC, FINRA, CFTC and U.S. exchange rules and regulations. Experience with European trading rules a plus.
Establish strong working relationships with exchanges, regulators and vendors.
Exceptional verbal and written communication skills.
Strong time management skills with an emphasis on follow-through and completion of projects.
Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment authorization for this job opening.

Nice To Haves

Series 3, 7, or 57.
Prior securities or commodities trading experience.

Responsibilities

Develop, refine, and apply proprietary and external surveillance rules related to market maker quote compliance and market abuse.
Define business requirements for proprietary and third-party (e.g., Eventus, Nasdaq SMARTS) surveillance system enhancements and work closely with technology teams to confirm technical requirements and drive enhancement efforts to completion.
Investigate surveillance alerts and escalate findings to the Chief Compliance Officer and the Director of European Compliance.
Supervise Compliance staff responsible for completing first level surveillance reviews.
Draft and update compliance written supervisory procedures related to trading compliance, including desktop procedures for Compliance staff.
Review and summarize proposed regulatory rules and guidance related to trading compliance for applicability.
Assist in the preparation of responses to formal investigations and other regulatory inquiries from various U.S. and European regulators, such as the SEC, FINRA, CME, FCA, EUREX, ICE, and other U.S. and European exchanges.
Liaise and communicate with various teams including trading, technology, and operations.