Trade Surveillance Engineer – Contract

GFT Technologies – Proud GPTW 2024!

New York, New York, United States

Location: Lake Mary, Florida (3 times per week onsite)

Job Type: Contract

If Contract - Duration: 1 Year

Daily Rate: $900

GFT is looking for a Trade Surveillance Engineer who will play an important role in  safeguarding market integrity, reducing risk, and ensuring adherence to regulatory standards of a global banking institution. As a GFT team member you will be part of a high performing team of executives within a 10,000+ and growing, global organization developing and implementing technology solutions for its clients and partners.

Responsibilities:

• Develop and Maintain Surveillance Systems;
• Design and deploy tools for monitoring trading behavior;
• Ensure systems meet regulatory requirements (e.g., MAR, MiFID II, Dodd-Frank);
• Customize surveillance tools to fit the specific trading strategies and markets;
• Alert Monitoring and Analysis;
• Create rules and models that detect anomalies (e.g., spoofing, layering, insider trading);
• Optimize alert thresholds to reduce false positives and improve detection quality;
• Data Management;
• Work with large datasets (trade data, order data, market data);
• Ensure data accuracy and availability for surveillance systems;
• Develop data pipelines to facilitate real-time analysis;
• System Automation and Optimization;
• Automate manual processes in trade surveillance to improve efficiency;
• Optimize existing systems for speed, scalability, and accuracy;
• Collaboration with Compliance and IT Teams;
• Work closely with compliance teams to understand regulatory needs and business risks;
• Collaborate with IT to ensure systems are robust, secure, and up-to-date;
• Investigation and Reporting;
• Analyze alerts and escalate potential violations to compliance;
• Document investigations and provide detailed reports;
• Stay Current with Regulations;
• Keep up-to-date with global financial regulations and trading laws;
• Ensure systems are updated in line with regulatory changes;
• Performance Monitoring and Testing;
• Monitor the performance of surveillance systems;
• Conduct regular testing and validation to ensure systems are effective.

Mandatory Requirements:

• Minimum 10+ years’ experience;
• Proficiency in Python, Java programming languages;
• Proficiency in SQL, data analysis and handling large datasets;
• Knowledge of Financial Markets: trading practices, products, and market regulations;
• Strong data analysis ability - analyze data and identify patterns;
• Awareness of regulations like MiFID II, MAR, SEC rules, etc;
• Ability to address issues and improve surveillance systems;
• Excellent communication skills: Ability to effectively communicate with technical and non-technical teams.

About Our Core Values:

We live up to them because we truly believe they are vital to all of our daily lives:

Caring

Committed

Courageous

Collaborative

Creative

It is values that create a bond between people and allow them to act in unison as a team. In fact values are pivotal to performance.

Check our Videos and Website to Find Out More:

https://www.youtube.com/watch?v=rbQZBw8VPkM&t=7s    

https://jobs.gft.com/job/

https://www.gft.com/us/en/career

Diversity & Inclusion Statement:

At GFT we  are committed  to  cultivating,  fostering,  and  preserving  a  culture  of  diversity, equity and inclusion. We want to attract, recruit, develop and retain the most talented employees, regardless of their  background. We are guided  by  our  values  in  everything  we  do, and  recognize  that being  a  diverse  and  inclusive  employer  helps  us  fulfill  our social responsibility  to  make  a difference.