Surveillance Associate

MarketAxess • New York, NY

9h • $85,000 - $100,000

About The Position

MarketAxess is on a journey to digitally transform one of the world’s largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace. Why does this matter? Because our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency, and competition in the marketplace. Changing the way an established industry transacts is no easy feat. There will be twists and turns, because no one’s ever done this before. But now, more than 2,000 clients around the world rely on our solutions, and that number is only expected to grow in the years ahead. We know where we’re going. How we get there is up to us. Join us and help Take Us There.
The Surveillance Associate role is a unique opportunity to join our fast-growing Legal and Compliance team where you’ll conduct real‑time and post‑trade surveillance across fixed income and equity products, investigate potential market abuse, and help strengthen a best‑in‑class surveillance program. You’ll partner closely with Compliance, Risk, Technology, and senior leadership, using data‑driven insights to support regulatory obligations and continuously enhance surveillance frameworks.
We’re looking for an agile, analytical professional with a strong understanding of market structure and regulatory requirements who thrives in a dynamic trading environment. If you’re excited by complex investigations, collaboration across teams, and helping shape the future of electronic markets, MarketAxess offers the platform to make a real impact.

Requirements

• Bachelor's degree in a related technical field or equivalent practical experience
• 2+ years of experience in market surveillance, trade surveillance, or a closely related field
• Knowledge of Fixed Income and Equities products and trading regulations
• Strong data analysis and writing skills to contribute to investigations and other compliance matters, internally and externally
• Strong interpersonal skills, with an emphasis on teamwork, initiative, and integrity
• Comfort working in a trading environment and willingness to innovate, challenge the status quo and adaptability to support ad hoc tasks and projects
• Ability to incorporate AI into daily workflows; passion for ethical adoption of AI practices
• Series 7 preferred; ability and interest in obtaining Series 7 within six months of start date required

Nice To Haves

• Familiarity with commonly used trade surveillance & BI tool(s) highly regarded
• Professional compliance training or accreditation (e.g. FINRA Series 24, CAMS) preferred

Responsibilities

• Perform daily surveillance of real-time trading alerts and perform post-trade analysis for both fixed income and equity securities
• Carry out market surveillance with the aim of finding and reporting on attempts by clients to engage in insider dealing or market manipulation across a range of market abuse typologies
• Create MI reporting for metrics pertaining to Market Surveillance and support presentation to Senior Firm Leadership
• Develop and serve as a subject matter expert in the performance of Market Surveillance
• Support response to regulatory inquiries, examinations and investigations and Internal Audit
• Continually strengthen regulatory knowledge and experience with SEC, FINRA and MSRB regulatory requirements for financial institutions and an understanding of their impact on Market Surveillance
• Leverage analytical skills to enhance research and investigations, and use both quantitative and qualitative analysis when making decisions to escalate alerts and potential patterns of issues
• Collaborate across compliance, risk, technology, R&D, trading, and sales to contribute to enhancement initiatives for the Surveillance Program

Benefits

• Free Food: We provide free lunch for employees when they are working in the office. Plus, our offices are stocked with snacks.
• Paid Time Off: Competitive PTO package including vacation and personal days, sick leave and charity days
• Generous Parental Leave: Up to 20 weeks fully paid leave
• 401(k): Dollar-for-dollar employer match up to $17,500
• Employee Stock Purchase Plan: Employees can purchase MarketAxess common stock at a discount
• Wellness Stipend: We provide employees with up to $1K annually towards gym memberships, home office equipment and more
• Onsite Healthcare: We offer convenient access to world-class care through Mount Sinai at our Hudson Yards location
• Tuition Assistance and Professional Development: Benefit from live and on-demand learning, role-specific training, employee-led Lunch and Learns and guest speakers
• Core benefits: Highly competitive medical, dental, and vision programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level