Surveillance · Remote (US) · Full-time
Reports to: Global Head of Surveillance
About DimeTrades
DimeTrades is building a CFTC-regulated event contract exchange for prediction markets, where market participants can trade contracts based on real-world outcomes across areas such as politics, economics, sports, weather, technology and culture.
That creates a surveillance environment unlike most traditional financial markets. The order book matters, but so can the information surrounding an event, the timing of announcements, participant behavior and the integrity of the event or outcome itself.
The Opportunity
We are looking for a trade surveillance professional with established hands-on experience who wants to bring that expertise into prediction markets.
You will conduct surveillance and investigations while also contributing to the continued development of DimeTrades' surveillance program as our markets and participant base evolve. This is an opportunity to apply proven surveillance skills to a developing market structure and play a meaningful part in shaping how surveillance operates as the exchange grows.
The surveillance team operates a rotational coverage model supporting DimeTrades' 24/7 markets.
What the Work Looks Like
One day you might be reconstructing an order book around unusual activity in a political, sports or culture contract. Another, you might be reviewing trading ahead of a significant announcement for indicators of potential misuse of material non-public information.
You could also be investigating spoofing, layering, wash trading, coordinated activity or unusual trading around an event's resolution.
The common thread is applying surveillance judgement to understand what happened, why it happened and whether further action is required.
What You'll Do
Conduct real-time and post-trade surveillance using order, trade, market and account data to identify potentially suspicious or anomalous activity.
Review alerts, analyze order-book behavior and reconstruct trading activity to understand participant conduct and potential market impact.
Investigate potential market abuse and prohibited trading practices, including manipulation, spoofing, layering, wash trading, pre-arranged activity and potential misuse of material non-public information.
Produce clear, evidence-based analysis supporting decisions to close, investigate further or escalate activity.
Identify emerging risks and surveillance gaps, and contribute to scenario calibration, procedures, escalation standards, quality controls and the continued development of the surveillance program.
What We're Looking For
Hands-on experience in trade surveillance, market surveillance, market conduct or a closely related role within a regulated financial-market environment.
Strong understanding of trading and order-book behavior and how potentially abusive activity can present itself in trading data.
Familiarity with risks such as spoofing, layering, wash trading, manipulation and misuse of material non-public information.
Experience reviewing surveillance alerts and making well-supported closure, investigation or escalation decisions.
Strong analytical judgement and clear written communication capable of standing up to internal and regulatory scrutiny.
Helpful, but Not Essential
Familiarity with trade surveillance platforms, such as Eventus.
Experience contributing to surveillance scenario calibration, control enhancements or risk assessments.
Exposure to CFTC-regulated markets, futures, derivatives, event contracts or prediction markets.
If you've built your surveillance experience in traditional markets and are ready to take those skills into prediction markets, this is an opportunity to do so while both the market and the surveillance program supporting it are still taking shape.
DimeTrades is an equal opportunity employer.
Source: Wellfound.
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