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ElectronX

Compliance & Surveillance Analyst

ElectronX, Chicago, Illinois, United States, 60290

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Who are we? ElectronX™ is the first U.S.-regulated, direct access electricity derivatives market, offering financial products to address volatile short-term price exposure to electricity. With offices in Chicago and New York City, ElectronX is building the missing financial infrastructure and risk management tools necessary to smooth the path for U.S. energy production, diversification and grid expansion in a time of rapidly increasing power demand.ElectronX is a venture capital-backed startup supported by premier VC partners including Innovation Endeavors, Systemiq Capital, Equinor Ventures, Shell Ventures LLC, DCVC, Amplo, BoxGroup and Lightning Capital.

Who are we looking for? As a fast-growing company in the highly competitive, quantitative capital markets industry, ElectronX values candidates who are resourceful, curious and adaptable to change. Our cultural focus on innovation requires collaborative and entrepreneurial teammates with the intellectual grit necessary for near- and long-term success.

What you will be doing: Trade Surveillance & Market Monitoring

Monitoring surveillance systems daily to detect potential market manipulation, spoofing, wash trading, and other abusive trading practices

Conducting daily reviews of trading activity, alert escalations, and flagged patterns

Investigating suspicious trading behavior and preparing detailed investigative reports

Maintaining surveillance alert tuning and scenario optimization to ensure effective detection

Regulatory Reporting

Assisting with Part 16 reporting, including interpretation and guidance on PMKTDATA and TCR submissions

Supporting Part 17 large trader reporting, including LTPOS file preparation and Form 102A/102B completion and CFTC portal submissions

Collaborating with the technology team on daily, weekly, and monthly regulatory reporting requirements

Documentation & Reporting

Supporting regulatory examinations and audit requests

Documenting compliance procedures and maintaining policy and procedure updates

What we need from you:

Bachelor's degree in Finance, Economics, Business, or related field

1-3 years of experience in compliance, surveillance, or regulatory reporting, preferably in derivatives markets

Strong understanding of CFTC regulations and derivatives market structure

Demonstrated analytical and investigative skills with the ability to identify patterns and anomalies

Proficiency in Excel and data analysis tools

Experience working with trade surveillance systems or platforms

Excellent written and verbal communication skills for preparing investigative reports and regulatory correspondence

High attention to detail and ability to work independently in a fast-paced environment

Bonus points if:

You have hands‑on experience with surveillance platforms like Validus or similar systems

You have a background in energy markets or power trading

You're familiar with market manipulation schemes and detection methodologies

You have direct experience with CFTC Part 17 Large Trader reporting systems

You have direct experience with CFTC Part 150 and Position Limits

Benefits

Health, vision and dental insurance

401K

Supplemental health and disability insurance

Unlimited vacation

Flex-work

Equal Opportunity Statement:

ElectronX is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non‑disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

This position is not eligible for immigration sponsorship.

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