Senior Market Operations Specialist - Options

IEX Group•New York, NY

7h•Onsite

About The Position

IEX (IEX Group, Inc.) is an exchange operator and technology company dedicated to innovating for performance in capital markets. Founded in 2012, IEX launched a new kind of securities exchange in 2016 that combines a transparent business model and unique architecture designed to protect investors. Today, IEX applies its proprietary technology and experience to drive performance across asset classes, serve investors, and advocate for transparent and competitive markets. IEX is looking for a driven, motivated senior candidate to join our Market Operations desk. You will have familiarity with U.S. options market structure, programming & automation, data analysis, and the support of multifaceted technology systems. You will demonstrate the composure and aptitude required to work effectively in a dynamic, high-pressure trading environment. This position is best suited for a highly collaborative, team-oriented individual who is passionate about working with technology, trading systems, and data. You’ll work directly with IEX Member firms and other industry participants to expand access and understanding of the IEX market as well as cross functionally with IEX’s product, technology, and regulatory teams.

Requirements

Excellent verbal and written communication skills
Superlative attention to detail
Strong knowledge in exchange technology and desire to continually grow skills in this area
Open-minded and able to quickly acquire new concepts and ideas, as well as contribute to development and discussion of said ideas
Self-motivated and comfortable with independently driven work
Availability and commitment to accommodate a flexible work schedule and an on-call environment
Bachelor's degree or equivalent combination of education and experience
5+ years of operational experience on a trading / operations desk
Strong knowledge of electronic trading, trading systems, and options market structure a plus
Interested in picking up Python programming and automation skills
Ability to acquire applicable certifications within 90 days of hiring

Nice To Haves

Python programming experience – You’ve thrown some scripts together to automate things you don’t need to spend your time on. Always looking to improve your code and use functions where possible. You get annoyed at manual processes that can be easily automated and do what you can to prevent yourself from being a human keyboard.
Data analysis experience –You enjoy spending time with large datasets and using your skills to create interesting views.
Familiarity with a versioning system like Git
Knowledge of micro-market structure, order types, and order book behavior

Responsibilities

Execute and maintain daily operational procedures
Develop expertise with IEX systems, market functionality, order types and external interfaces
Design, build, and maintain automation scripts owned by the Market Operations team
Conduct testing with members in test facility environment when required and to assist in executing requests as needed
Ensure strict adherence to regulatory reporting requirements in a highly regulated exchange environment
Perform data analysis to support troubleshooting client issues, improving operational efficiency, and managing risk
Participation in general IEX product development and business development initiatives
Perform Obvious Error Reviews for Members that notify the desk of possible trading errors
Collaborate with internal teams at IEX – including Technology Operations, Product Management, Business Development, Business Analytics, Quality Assurance, Compliance, and Regulation
Participation in industry tests