Compliance Officer, Trade Surveillance

Who are we?

FalconX is a pioneering team of operators, investors, and builders committed to revolutionizing institutional access to the crypto markets. Operating at the intersection of traditional finance and cutting-edge technology, FalconX addresses the industry's foremost challenges: Navigating the digital asset market can be complex and fragmented, with limited products and services that support trading strategies, structures, and liquidity found in conventional financial markets. As a comprehensive solution for all digital asset strategies from start to scale, FalconX operates as the connective tissue empowering clients with seamless navigation through the ever-evolving cryptocurrency landscape.

Position Summary:

The Compliance Officer - Trade Surveillance at FalconX will be responsible for monitoring and investigating trading activities to detect and prevent market manipulation and other suspicious activities. This role involves using advanced trade surveillance tools, ensuring adherence to regulatory standards, and collaborating with various stakeholders to maintain market integrity.

Key Responsibilities:

• Trade Monitoring: Conduct comprehensive monitoring of trading activities across cryptocurrency products and traditional brokerage accounts to identify potential market manipulation or suspicious activities.
• Surveillance Tools: Utilize Solidus Labs and other trade surveillance tools to analyze trading patterns and surface red flags.
• Investigation Management: Conduct detailed investigations into potentially suspicious trading activities, resulting from internal alerts, referrals, and external inquiries.
• Trade Reconciliation: Experience in trade reconciliation processes to ensure accuracy and consistency between trading records and financial statements, identifying discrepancies and resolving them promptly.
• Communication Surveillance: Proficiency in monitoring and analyzing trader communications (e.g., emails, chats) to detect potential compliance breaches or unethical behavior, ensuring adherence to communication policies.
• Trader Monitoring: Ability to conduct real-time monitoring of trader activities to identify unusual patterns or behaviors that may indicate market abuse or non-compliance with internal policies.
• Risk Assessment: Strong skills in conducting risk assessments related to trading activities, including evaluating the impact of new products or services on existing surveillance frameworks.
• Cross-Functional Collaboration: Proven ability to work collaboratively with legal, risk management, and IT teams to enhance compliance strategies and implement effective controls.
• Reporting: Draft high-quality reports summarizing investigation findings that meet regulatory standards and internal quality expectations.
• Lifecycle Ownership: Own the investigation process after initial detection and review by analysts, through decisioning and documentation.
• Case Support: Provide support in handling escalated or high-risk cases by gathering data and offering investigative insights.
• Peer Support: Mentoring: Provide peer support and mentoring to newer team members, and contribute to onboarding and training efforts.
• Continuous Improvement: Contribute to continuous improvement by helping to enhance surveillance processes, quality standards, and tooling.
• Technology Integration: Familiarity with integrating new technologies and tools into existing surveillance systems to improve efficiency and effectiveness in detecting suspicious activities.
• Stay Informed: Stay current on emerging trends in market manipulation, financial crime typologies, and regulatory updates related to trade surveillance.

Qualifications:

• Education: Bachelor’s degree in a relevant field (e.g., Finance, Economics, Business Administration) or equivalent experience.
• Experience: 7+ years of experience in trade surveillance or compliance within a broker-dealer, crypto firm, fintech, or financial institution.
• Technical Skills: Hands-on experience using trade surveillance tools like Solidus Labs. Strong skills in data analysis and pattern recognition.
• Regulatory Knowledge: Strong understanding of market regulations and compliance requirements, particularly related to virtual currencies and digital asset platforms.
• Analytical Skills: Proven ability to work independently on complex cases, analyze large data sets, and make sound, defensible decisions.
• Communication Skills: Exceptional writing and documentation skills, with strong attention to detail.
• Platform Familiarity: Familiarity with case management platforms and data visualization tools.
• Adaptability: Comfortable in a fast-paced, evolving environment that values initiative and innovation.
• Passion: Passion for maintaining market integrity and staying ahead of financial crime threats in the crypto and fintech space.

Notice at Collection and Privacy Policy

Applicants located in California and/or applying to a role based in California, please refer to our Notice at Collection and Privacy Policy here.

Inclusivity Statement

FalconX is committed to building a diverse, inclusive, equitable, and safe workspace for all people. Our roles are intended for people from all walks of life. We encourage all those interested in applying to our organization to submit an application regardless if you are missing some of the listed background requirements, skills, or experiences!

As part of our commitment to inclusivity, FalconX would like to acknowledge that the EEOC survey has limited potential responses that you can select. For legal reasons, FalconX must use this language to align with federal requirements, however, we want to ensure that you are able to provide a response to our own voluntary survey questions about your identity that best aligns with your most true self.

FalconX is an equal opportunity employer and will not discriminate against an applicant or employee based on race, color, religion, national origin, ancestry, ethnicity, sex (including gender, pregnancy, sexual orientation, and gender identity), age, physical or mental disability, veteran or military status, genetic information, citizenship, or any other legally-recognized protected basis under federal, state, or local law.

Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and other applicable state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on FalconX. Please inform FalconX’s People team at recruiting@falconx.io, if you need assistance with participating in the application process.