Chicago, Illinois, USA
50 days ago
Manager, Market Surveillance
Overview Job Purpose ICE Futures U.S., Inc., a subsidiary of Intercontinental Exchange, Inc. presents a unique opportunity for a full time Manager to join its Market Regulation team. ICE Futures U.S., Inc. is a U.S. derivatives exchange registered with and regulated by the CFTC as a contract market for commodity futures and options. The Market Regulation Department is responsible for enforcing the Exchange’s rules through market advisories, investigations and disciplinary actions. In this position you will be responsible, with minimal supervision, for monitoring and reviewing activity in various cash settled and physically delivered futures contracts to ensure orderly markets, approving position limit exemptions based on a review of the relevant application and the Rules of the Exchange, engaging in monitoring of position data to detect potential violations of Exchange rules and CFTC Regulations, and providing guidance to market participants based on their dynamic needs. You must be professional, proactive, analytical, able to collaborate with others, create efficient, innovative approaches to gathering and analyzing data, and communicate clearly and concisely. Responsibilities Monitor the relation between cash commodities and futures markets, particularly in energy and agricultural markets Assess new products launched to ensure systems and relevant surveillance controls are prepared to accommodate the new products Review and approve applications for exemptions from position limits with minimal supervision Respond to inquiries related to position limits, open interest, product specifications and delivery procedures with minimal supervision Research data from a variety of real time and post trade systems to identify abnormalities, market surveillance breaches or potential rule violations Document detailed analyses of positions and trading activity Conduct investigations of potential rule violations by obtaining testimony, compiling records and drafting investigative reports for presentation to disciplinary committees Build relationships with market participants and provide guidance on Exchange rules Work with large, complex data sets Improve common processes to find efficiencies Collaborate with others on technology and systems to enhance operational processes Knowledge and Experience Bachelor’s Degree in Economics, Finance or Math 7 or more years of experience in regulatory or market surveillance roles Strong analytical and communication skills Knowledge of relevant Federal regulations, policies and developments which impact market surveillance duties Knowledge of commodities markets, particularly financial and agricultural markets Knowledge of physically settled futures markets, deliveries, commodities and trading Experience in managing others Familiarity with data analytic tools is a plus Exceptional written and verbal communication skills Self-starter who can prioritize and meet deadline pressure Comfortable working in a fast paced, high stress environment Ability to communicate with market participants, federal regulators and executive management Knowledgeable of futures exchange operations, trading, risk management or regulations Schedule This role offers work from home flexibility of one day per week. New York Base Salary Range The expected base salary for this role if located in New York City is between 150,000 - 200,000 USD. The base salary range does not include Intercontinental Exchange’s incentive compensation. While we provide this range as general guidance, at ICE we compensate employees based on the skillset and experience of the individual. Intercontinental Exchange, Inc. is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin or ancestry, age, disability or veteran status, or other protected status. #LI-HR1 #LI-HYBRID
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