Manager - Trade Surveillance

The Voleon Group

1d•$160,000 - $190,000•Onsite

About The Position

Voleon is a technology company that applies state-of-the-art AI and machine learning techniques to real-world problems in finance. For nearly two decades, we have led our industry and worked at the frontier of applying AI/ML to investment management. We have become a multibillion-dollar asset manager, and we have ambitious goals for the future. Your colleagues will include internationally recognized experts in artificial intelligence and machine learning research as well as highly experienced finance and technology professionals. In addition to our enriching and collegial working environment, we offer highly competitive compensation and benefits packages, technology talks by our experts, a beautiful modern office, daily catered lunches, and more. As Manager - Trade Surveillance, you will be the manager of our compliance control room, which is tasked with identifying and resolving unusual trading patterns, anomalies, and other near real time compliance issues related to our hedge fund’s quantitative trading strategies. Reporting to the Global Chief Compliance Officer, you will build and oversee a team of compliance, legal, and financial professionals and determine how they are best deployed. This role stops problems before they start and plays a critical role in ensuring the firm stays compliant through unforeseen operational issues and in turbulent markets in the US and abroad.

Requirements

8-12+ years in a trading, operations, or compliance role at a large financial industry firm (e.g., hedge fund, investment adviser, broker-dealer)
2+ years in a management position, overseeing multiple direct reports of varying seniority
Experience communicating effectively across compliance, finance, legal, operations, and senior leadership
Deep understanding of trading mechanics in multiple asset classes (e.g., equities, options, futures, FX)
Familiarity with financial industry rules, like trade reporting and the anti-fraud provisions of various federal rules (e.g., Investment Advisers Act of 1940, Securities Exchange Act of 1934, Commodity Exchange Act).
Bachelor’s degree required

Responsibilities

Draft and maintain appropriate policies and procedures for our real time and near real time compliance monitoring program
Ensure all trading related issues are appropriately escalated, documented, and dispositioned
Develop key performance indicators and regular reporting on the control room function to the Global CCO and other senior executives
Lead cross-functional projects and drive execution across multiple departments
Manage and develop a high-performing team, overseeing hiring, training, workload allocation, and day-to-day leadership
Build out a suite of monitoring reports that actively reviews algorithmic trading for anomalies and suspected breach of SEC, FINRA and CFTC rules.
Develop a case management protocol for follow up on suspected anomalies and potential rule violations
Supervise the work of junior compliance analysts who prepare trading related regulatory filings
Work with the Global Chief Compliance Officer to manage interactions with US and overseas regulators
Document trade errors and work with trading and operations teams to ensure that repeat errors with the same criteria do not occur