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Principal Research Analyst, Market Regulation
Ref No.: 18-00100
Location: Schaumburg, Illinois
Position Type:Contract
At Trillium, we assist our clients in finding just the right candidates to fit their needs! They are currently seeking a Principal Research Analyst, Market Regulation to be responsible for the design and validation of complex multi-market and multi-products analytical and/or advanced data abstraction models for the equity, options, and fixed income securities, as well as performing ad hoc market analysis in support of Market Regulation Department surveillance patterns programs.

  • Designing statistical, market reconstruction, and/or data abstraction models for detecting market manipulation and market conduct rule violations across facilities operated under Client and SRO markets with which Client entered into RSAs.
  • Working with large volumes of data to identify patterns or markers of potentially volatile market activities, as well as detecting and understanding trends in the market place.
  • Design and validation of quantitative surveillance models for detecting market manipulation and market conduct rule violations leveraging large volumes of equity and options data.
  • Support of the market data abstraction layer which is designed to provided uniformed, pre-linked,
    and pre-analyzed view of the market data for Market Regulation Department's surveillance patterns and analytical tools.
  • Contribute to the evolution of the MRDs' surveillance program responsive to market trends and developments.
  • Provide efficient quantitative support for market studies, examinations, and ongoing investigations.
  • Assist in performing regulatory impact assessments of the industry's, Client's, and RSA clients' initiatives on the MRD's Cross-Market and SRO-specific equity, options, and examination programs.
  • Adapt MRD's surveillance and examination program to new rules and initiatives.
  • Support management and others to inform internal and external constituents on overall program vision, strategy, operations, processes, and implementation status.
  • Engage team members and management to identify issues and problems and to devise solutions.
  • Work with other groups to develop risk scores, profiles, peer comparisons, financial performance, exposures against limits, and other risk analysis.
  • Support the comprehensive and successful
    execution of the team's programs in an efficient and effective manner.
  • Lead and participate in ad hoc special projects and national
    initiatives, as requested.
  • Ensure all assigned activities are completed according to prescribed policies and standards.
  • Coordinate and provide status reports of assigned tasks or projects.
  • Maintain current knowledge of applicable business activities. Fulfill administrative reporting tasks.
  • Graduate degree in Computer Science, Economics, Finance, Statistic, with a minimum of four years of experience.
  • Experience can be substituted for an advanced degree.
  • Advanced degree is highly desirable.
  • Must have strong financial and risk analytical skills and have some experience in operations and risk modeling fields, as well as comfort in analyzing large amounts of data in an efficient manner.