Real-Time Surveillance Specialist

About our Team

As a trading venue Nasdaq has a responsibility to keep the security markets fair and efficient by upholding effective and well-balanced regulation and fairly enforcing exchange rules. Nasdaq Trading and Member Surveillance team is working at the core of the marketplace and plays a central role to maintaining functioning markets. We interact with wide range of market participants including brokers and banks (exchange members), listed companies (issuers), investors and local regulators to foster and maintain confidence in our markets.

Position overview

Nasdaq is looking for talented professionals to fill multiple roles within our Real-Time Market Surveillance team, from entry level to senior positions. The Real-Time Market Surveillance team monitors trading in several asset classes including equities, derivatives, and fixed income instruments across all Nordic marketplaces operated by Nasdaq. The primary objective is to ensure fair and orderly trading by identifying potential market abuse cases or violation of the trading rules. The team works closely together with Surveillance teams in Stockholm, Helsinki, Copenhagen, Iceland, Oslo, and in the U. S.

Employees within Surveillance are subject to restrictions with regards to trading in securities.

Your role and responsibilities will include:

• Perform Real-time Market Surveillance by analysing price movements, trading volumes, trading patterns and news around listed products.
• Analyse market anomalies, price fluctuations, trading volumes, and other key indicators to detect risks of malfunction or non-compliance with Market Abuse Regulation or Nasdaq market rules.
• Escalate unusual trading activity to relevant stakeholders in a timely and structured manner
• Uphold orderly markets and if necessary, intervene in trading by executing trade cancellations or trading suspensions.
• Address market participant inquires by providing guidance to the stakeholders on compliance with applicable rules.
• Perform due diligence on new exchange member applications, and present assessments and conclusions to the Nasdaq decision makers.
• Participate and contribute to periodic risk assessments to assess control coverage of relevant risks.
• Review, update, and provide recommendations to the current Surveillance procedures and policies to optimize operational activities.
• Participate in the regular calibration review process, including analysis of alert trends and recommendations for parameter changes that could improve the effectiveness of the Real-Time trade surveillance controls.
• Partner with Post-Trade analysts to assess alert generation and escalation trends to identify emerging risks and opportunities for control enhancement.
• Perform data analytics and process review to identify opportunities and implement solutions to enhance surveillance efficiency through pattern calibration, automation or technology innovation.
• Ensure that Surveillance requirements and controls are implemented for new business initiatives
• Stay up-to-date with the latest financial regulations and standards (e.g., MiFID II, MAR) and ensure surveillance practices are aligned with regulatory changes.
• Contribute to sample-based Quality Assurance (QA) reviews.

We expect you to have:

• Education Required: Bachelor’s or master’s degree in business administration, Economics, Finance, Mathematics, or other relevant area.
• For early-career professionals:
• Great interest in financial markets and to learn and develop within the field of market surveillance
• For senior candidates:
• Deep knowledge of various financial instruments and several years of relevant experience in compliance, surveillance or financial crime,
• Solid knowledge of regulatory frameworks as Market abuse regulation and MIFID ||.
• Proven ability to mentor, coach and support junior analysts or new hires.
• Strong analytical skills and ability to make quick decisions based on the analysis from various sources of information.
• Ability to work well in a team, collaborative and inclusive.
• Excellent conflict management and ability to collaborate with a broad group of stakeholders.
• Excellent language skills in both written and spoken English.
• Knowledge of Microsoft Excel, proficiency with Word and PowerPoint, notions of programming is a plus.

What will it be like working here?

Nasdaq is a global and vibrant company with a strong focus on innovation and growth. Employees are encouraged to take initiatives and bring innovative ideas forward in a supportive and collaborative environment. We want everyone to feel welcome and bring their authentic self to work. Every day, we are building a culture where we all feel connected and empowered.

We offer you the opportunity to be part of one of Nasdaq’s key departments within the exchange side of our business. Working as a trading surveillance analyst involves a dynamic and challenging role where you monitor trading activities using state of the art surveillance system and other analytical tools. It is a role that demands vigilance, integrity, and a proactive approach to safeguard market integrity.

What happens now?

This is a full-time permanent position. Nasdaq offers a hybrid workplace to find a balance between working from home and collaborating in the office with a requirement to attend the office at least 3 days a week.

If you think you would thrive in this role, we would love to hear from you! Follow the link to apply in English. You must be eligible to work in the EU.

Monthly base salary 2500-3700 EUR gross. The final offer will be based on your experience and skills. Please indicate your expectations in the application form.

The expected start date is the 12th of January, 2026.

Individuals applying for or occupying this position must have no previous unspent convictions for criminal offences under the Criminal Code of the Republic of Lithuania, with the exception of offences solely related to minor road traffic violations.

About Nasdaq Vilnius

Nasdaq Vilnius office is in the modern K29 business center, easily accessed via bus, but we also offer bike storage. The working space offers an appealing, ergonomic environment, kitchen spaces, and an in-house library. The building hosts a canteen and vending machine as well as restaurants and shops within walking distance.

Nasdaq Vilnius offers our employees a strong compensation package that includes an annual bonus, equity grant, and access to an employee stock purchase program. Employees receive 20 days of annual vacation (plus one additional flex day every two months), III pillar pension plan with additional contribution from Nasdaq, a flexible health insurance program, career development programs, and more.