Market Surveillance Officer

About ABN AMRO Clearing USA LLC
ABN AMRO Clearing USA LLC (AAC-USA) is a global clearing firm that provides an integrated suite of financial services to professional trading participants in the global financial market. Our core service offerings consist of execution, clearing, financing, stock borrowing and lending, settlement and custody. Today we clear and finance over 16 million trades per day and cover 90 of the world's leading exchanges across Europe, the Americas and Asia Pacific. Our international network provides comprehensive market access to exchange-listed instruments such as stocks, futures and options. It also covers non-exchange-listed investment instruments and alternative products including bonds, OTC derivatives, warrants, forex, forwards, and energy and commodities. ABN AMRO Clearing consistently ranks among the top three clearers in every time zone, based on turnover and market share.
Job Overview
AAC-USA's mission is to provide safe and efficient access to capital markets around the world. The Market Surveillance and Supervision (MSS) department resides within the Risk Department and performs surveillance of the sales and trading practices of the firm and its customers including all markets in which AAC-US services. MSS is also tasked as Principals of the firm to manage, execute, and to diagnose potential issues in essential US Regulatory Reporting. The department operates in a culture and framework of compliance and risk awareness in order to protect the firm and to maintain the trust and confidence of all stakeholders (clients, regulators, shareholders).
Job Responsibilities

• Conduct daily regulatory surveillance reviews (Market Surveillance utilizing Nasdaq Trade Surveillance - SMARTS)
• File and review regulatory reporting including Large Option Position Reports (LOPR), Consolidated Audit Trail (CAT), Electronic Blue Sheets (EBS), Short Interest etc.
• Document, review and approve new account documentation for Securities, Options and Futures/Commodities
• Review all sales correspondence (e.g., advertising and sales literature)
• Review of communications (e.g., email, IM, etc.)
• Work closely with Compliance to respond to regulatory inquiries
• Stay up-to-date on current rules and potential changes to industry regulations
• Work closely with IT, Operations and management within AAC-USA to develop efficiencies through automation, development of new processes or modification of existing processes

Job Requirements

• Bachelor's degree in a related field required
• At least five years of experience in Compliance, Regulatory, Supervisory or as a Registered Representative/principal role with a Broker/Dealer
• Experience with futures, equities and options marketplace and its microstructure.
• Experience with the mechanics of a clearing organization
• Understanding of Industry Rules and Regulations (including Reg SHO, CAT, LOPR)
• Experience in creating/calibrating surveillance reports and systems (SMARTS/NTS)
• Ability to multi-task and set priorities in a fast-paced environment
• Strong analytical skills
• Series 7, Series 24 and Series 3 preferred

Perks and Benefits As a global leader in financial services, we rely on the strengths of our employees to deliver their best work for our clients. We invest back in our employees by offering a host of benefits and perks.

• Competitive health benefit offerings, including choice of three medical plans through BCBS-IL, dental, vision and flexible spending accounts
• Complimentary annual membership to One Medical as well as an EAP
• Robust 401(k) Plan with a generous match and vesting schedule
• Use it or lose it pre-tax commuter benefits, corporate Divvy memberships and employer paid benefits such as term life and AD&D and disability insurance
• Generous paid time off, sick days, a robust holiday schedule and parental leave plans.
• Monthly wellness subsidy used towards wellness activities
• Flexible hybrid work schedules
• Open communication including regular Town Hall meetings with the Management Team
• Forward-thinking, culture-based organization with collaborative teams that promote diversity, equity and inclusion
• Free coffee & tea and "bagel Wednesday"
• Employee-led Social and Philanthropy Committee to bring awareness and fun to the employees
• Awesome office space with a large kitchen/meeting gathering area - including a foosball and ping pong table
• Private, well-equipped Mother's room
• Office is conveniently located in the Chicago Loop Financial District - close to CTA and Metra
• Well maintained building (an architectural "masterpiece") and a part of Chicago history - also includes a robust business center with a café, game-room and a shared rooftop terrace with green space

This information is intended as a summary of potential benefits only. Eligibility for the plans and programs listed here depends on the nature of employment, length of service and other factors. Actual coverage is governed by supporting summary plan descriptions and related policies.
ABN AMRO Clearing USA (AAC-USA) is proud to be an equal opportunity employer. AAC-USA celebrates diversity and does not discriminate on the basis of actual or perceived race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, status as a victim of domestic violence, sex offenses or stalking, genetic predisposition or carrier status, gender identity or expression, or any other characteristic protected by applicable federal, state or local laws. We cultivate a culture of inclusion for all employees that respects individual strengths, views and experiences. We believe that our differences enable us to be a better and stronger team - one that makes better decisions and delivers better business results. Additionally, AAC-USA participates in the E-Verify program in the US.