Chicago, Illinois

Business – Compliance /

Full-Time

/ Hybrid

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Belvedere Trading is a global proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), equity index, equities, and equities options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry.

Our Business department is comprised of several key teams who work to ensure that Belvedere is operating at the highest level. We look for passionate team members that excel and their contribution is critical to our continued success. Our Business Teams build and manage processes that strive to improve all facets of the company. Whether it’s human or financial capital, our goal is to drive productivity while enhancing Team Belvedere’s experience.

Within the Business Department, the Compliance and Legal team serves in an advisory capacity to Belvedere's trading, operational, and technical functions by developing and implementing an effective compliance system throughout the organization, including providing legal and regulatory advice and counsel to all facets of the business and the firm’s growth initiatives.

We are looking for a Trade Surveillance Analyst to join the Compliance team. This individual will report to the Compliance Officer and conduct trade surveillance reviews of our proprietary trading strategies to ensure compliance with various exchange and self-regulatory organization rules and internal written supervisory procedures.

What You'll Do

• Conduct “first-level” reviews of trading activity alerts related to, among other things, potential wash trades, spoofing and layering, and quote compliance issues to determine if the activity should be escalated for further compliance review
• Complete ad hoc reviews of trading data for patterns of unusual trading
• Draft and maintain desktop procedures related to reviewing trade surveillance alerts
• Contribute to streamlining current processes and identifying areas for improvement
• Participate in periodic risk assessments. Identifying gaps within the process and implementing appropriate controls.
• Prepare and ensure accurate and timely reporting to all stakeholders
• Support department quality assurance and reasonability testing of surveillance controls
• Maintain a deep commitment to regulatory protocol

What You’ll Need

• 1-3 years of regulatory compliance experience working for an exchange, a regulatory organization, a Broker Dealer (BD), a Futures Commission Merchant (FCM) or similar organization
• Experience in trading, internal audit, legal, accounting, or other control functions of a financial services firm or regulator
• Bachelor ’s-level educational credentials with a background in law, accounting, data analytics, or similar areas with strong analytical and quantitative skills
• High degree of comfort and fluency with computers and technology and understanding of how technology is applied to business and regulatory problems
• High degree of comfort in a fast-paced and competitive environment where they engage in high-level interactions with all levels of management
• Detail-oriented with outstanding organizational and project management skills
• Ability to work both independently as well as in a small-team environment, and to multi-task with minimal supervision

Preferred Qualifications

• Experience reviewing alerts on vendor trade surveillance platforms, such as Eventus or SMARTS
• Series 57, 7 or other FINRA licenses
• Strong knowledge of capital markets

Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications.

We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application.

Core Values

The secret to our award-winning culture is our Core Values: Team Belvedere, Me In Team, Own It, Iterative Innovation, and Passionate Discourse. We live and breathe these values every day.

Our Stance

Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.

Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.

Any questions regarding the virtual recruiting process, please reach out to recruiting@belvederetrading.com.

Work Schedule: Regular and reliable attendance during standard business hours

Amount of Travel Required: None

Sponsorship: Not available for this position

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