Market Operations Associate

ElectronX•Chicago, IL

2d•Onsite

About The Position

The Market Operations Associate will play a critical role in real-time market monitoring, surveillance, and operational support while contributing to the firm's broader mission of building highly automated and efficient market operations systems. This position reports to the Chief Operating Officer (COO) and works closely with Compliance, Finance, Commercial and Technology teams. This role is uniquely suited for someone who has thrived in both the structured, high-pressure world of top-tier trading firms and the hands-on operational challenges of leading derivatives exchanges. As a Market Operations Associate, you’ll do more than monitor and maintain systems—you’ll build, improve, and operate critical processes.

Requirements

5+ years of experience in derivatives trading operations (market ops, surveillance, trading ops, etc.)
Experience with Python & SQL—you can analyze data and improve processes.
Thrives in fast-paced, high-stakes environments.
A critical thinker with a customer-first mindset – you don’t just follow through checklists, you question the status quo and are constantly thinking about ways to best serve our trading customers.
A builder—you don’t just follow processes, you improve them.
Startup mindset—excited to work in a high-growth environment and earn equity in what you help build.

Responsibilities

Monitor live trading activity and market conditions.
Identify, document, and escalate suspicious activity to Compliance when necessary.
Investigate real-time market incidents and own critical path escalations to ElectronX Engineering, while providing regular and active remediation updates to customers.
Collaborate with Engineering to automate monitoring tools and create real-time alerts.
Develop Python scripts for data analysis and operational reporting.
Use Python & SQL to build dashboards and visualization tools to improve market insights.
Identify inefficiencies and implement scalable solutions.
Oversee daily trading operations and system monitoring.
Assist with onboarding new participants and troubleshooting issues.
Work with Compliance on investigations and regulatory requests.
Contribute to business continuity planning and testing.