Market Surveillance Analyst

Location:

Chicago, IL (Hybrid)

Phillip Capital Inc., located in Chicago, is dually registered with the SEC/FINRA as a self-clearing broker dealer and the Commodity Futures Trading Commission (CFTC) as a registered Futures Commission Merchant (FCM) serving professional traders and institutions with customized clearing, custody and global market access solutions.

We provide an environment where you can grow your skills and make meaningful, visible contributions to your team and the broader organization. Our culture is built on integrity, accountability, open communication, and continuous improvement, with a focus on building for the long term. Our office, located in the iconic Board of Trade Building, offers convenient access to Metra and CTA lines and is steps away from restaurants, parks, shopping, and cultural institutions.

Building amenities include an onsite gym, indoor bicycle parking, a game room, and a rooftop deck with exceptional views.

We are seeking a Market Surveillance Analyst to join our team in supporting a clearing Futures Commission Merchant (FCM) and Broker-Dealer (BD). We are seeking a detail-oriented professional with a background in exchange operations, regulatory bodies, or control functions within a financial services firm. This role offers exposure to complex trading behavior, evolving surveillance scenarios, and opportunities to expand responsibility over time.

• Monitor and analyze market activities to identify potential Futures and Securities market manipulation, insider trading, and other violations of regulatory requirements.
• Investigate and communicate issues generated from the electronic trade surveillance platform, escalating where necessary and following through with events through full resolution.
• Collaborate with other team members to share information and coordinate efforts to prevent and respond to security incidents.
• Contribute to streamlining current processes and identifying areas for improvement.
• Assist with regulatory inquiries, examinations, and requests from exchanges or other regulators.
• Communicate with Counter parties/Clients/Traders for clarifying information as appropriate.
• Prepare monthly reports that summarize data, highlight trends, and identify areas for improvement.
• Maintain the repository of actions, escalations, regulatory filings and recommendations that detail timely resolution of issues and enhancements to the surveillance program.
• Assist with projects or directives for the compliance program.
• Stay current with compliance requirements within the regulatory landscape and analyze impact to the trade surveillance monitoring program.

• 1-3 years of surveillance experience and demonstrated understanding of regulatory requirements.
• Previous experience working with clearing/trading firm or financial industry regulator.
• Proficiency in Microsoft Word, Excel, and SQL skills preferred.
• Series 3 or 7 or other FINRA licenses or certifications a plus.
• Bachelor’s Degree in finance, economics, computer science, engineering or related field.

To be considered for this position, please apply via Linked In or submit a resume directly to  with “Market Surveillance Analyst” in the subject line. Phillip Capital Inc. will not consider candidates sent by recruiters for this position.