Trade Surveillance Manager (Broker-Dealer & Swap Dealer)
Capital One
Trade Surveillance Manager (Broker-Dealer & Swap Dealer)
Job Description
Overview
About the RoleWe are seeking a highly skilled Trade Surveillance Manager to lead and enhance the firm’s surveillance program across both its institutional Broker-Dealer (BD) and Swap Dealer (SD) businesses. This individual will oversee day-to-day surveillance operations, maintain robust controls around the monitoring of trading activity, and ensure ongoing compliance with SEC, FINRA, CFTC, and NFA regulatory requirements.The ideal candidate will bring market-conduct expertise across Swap Dealer products (Interest Rates, FX, and Energy Commodities) as well as institutional Broker-Dealer activities (Equities and Fixed Income). The candidate should demonstrate strong analytical capabilities, sound judgment, and a proven track record supervising surveillance teams within a highly regulated trading environment.Responsibilities
Program Oversight & GovernanceLead daily surveillance operations for both Broker-Dealer and Swap Dealer trading activities.
Oversee the maintenance and enhancement of surveillance procedures, scenarios, and parameter settings within the trade surveillance platform.
Ensure the surveillance program aligns with regulatory expectations and internal risk frameworks.
Oversee timely review and disposition of all surveillance alerts, ensuring resolution within established timeframes.
Manage the escalation of potential trading violations in accordance with the firm’s escalation matrix.
Perform secondary reviews on alerts escalated for supervisory attention or potential rule breaches.
Ensure complete and accurate documentation of all alert reviews, including disposition rationale and supervisory evidence.
Support monthly managerial review processes and prepare surveillance metrics and reporting for senior management.
Oversee periodic data completeness and accuracy checks for both BD and SD surveillance.
Ensure reconciliations between trading systems of record and trade surveillance platform are completed and exceptions addressed.
Participate in scenario testing, calibration reviews, and overall system governance.
Support internal audits and regulatory examinations and inquiries (SEC, FINRA, CFTC, NFA), including documentation of responses and remediation efforts.
Manage, train, and develop surveillance analysts, fostering a culture of compliance, well-managed, and continuous improvement.
Collaborate with Compliance, Legal, Technology, Risk, and business partners to resolve issues and enhance program effectiveness.
Participate in industry groups.
Basic Qualifications
Bachelor's Degree in Finance or any other quantitative field, (Business, Math, Economics, Finance, Statistics, Science, Engineering) or military experience
At least 5 years of trade surveillance, market regulation, or At least 5 years Compliance experience within a Broker-Dealer or Swap Dealer environment.
Preferred Qualifications
Advanced degree
6+ years of trade surveillance, market regulation, or 6+ years compliance experience within a Broker-Dealer or Swap Dealer environment.
Relevant certifications (FINRA Series 7/24, NFA Swap Dealer Associated Person proficiency)
Strong understanding of SEC, FINRA, CFTC, and NFA rules governing market conduct, manipulation.
Experience with rule-based surveillance platforms (Actimize, Validus, Protegent)
Proven leadership experience with the ability to manage and develop a high-performing team.
Excellent analytical, communication, and documentation skills.
Ability to manage multiple priorities in a fast-paced, regulated environment.
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.comCapital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Locations
- New York, New York New York, New YorkMcLean
Salary
80,000 - 135,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- trade surveillanceintermediate
- market regulationintermediate
- alert review and escalationintermediate
- regulatory compliance (SEC, FINRA, CFTC, NFA)intermediate
- analytical skillsintermediate
- team leadershipintermediate
Required Qualifications
- Bachelor's Degree in Finance or quantitative field, or military experience (experience)
- At least 5 years of trade surveillance, market regulation, or Compliance experience in Broker-Dealer or Swap Dealer (experience)
- FINRA Series 7/24, NFA Swap Dealer Associated Person proficiency (preferred) (experience)
Responsibilities
- Lead daily surveillance operations for Broker-Dealer and Swap Dealer
- Oversee alert review and escalation management
- Maintain surveillance procedures and scenarios
- Prepare surveillance metrics and reporting
- Support regulatory examinations and audits
- Manage and develop surveillance analysts
Benefits
- general: comprehensive, competitive, and inclusive set of health, financial and other benefits
Answer 10 quick questions to check your fit for Trade Surveillance Manager (Broker-Dealer & Swap Dealer) @ Capital One.
Related Books and Jobs
Trade Surveillance Manager (Broker-Dealer & Swap Dealer)
Capital One
Trade Surveillance Manager (Broker-Dealer & Swap Dealer)
Job Description
Overview
About the RoleWe are seeking a highly skilled Trade Surveillance Manager to lead and enhance the firm’s surveillance program across both its institutional Broker-Dealer (BD) and Swap Dealer (SD) businesses. This individual will oversee day-to-day surveillance operations, maintain robust controls around the monitoring of trading activity, and ensure ongoing compliance with SEC, FINRA, CFTC, and NFA regulatory requirements.The ideal candidate will bring market-conduct expertise across Swap Dealer products (Interest Rates, FX, and Energy Commodities) as well as institutional Broker-Dealer activities (Equities and Fixed Income). The candidate should demonstrate strong analytical capabilities, sound judgment, and a proven track record supervising surveillance teams within a highly regulated trading environment.Responsibilities
Program Oversight & GovernanceLead daily surveillance operations for both Broker-Dealer and Swap Dealer trading activities.
Oversee the maintenance and enhancement of surveillance procedures, scenarios, and parameter settings within the trade surveillance platform.
Ensure the surveillance program aligns with regulatory expectations and internal risk frameworks.
Oversee timely review and disposition of all surveillance alerts, ensuring resolution within established timeframes.
Manage the escalation of potential trading violations in accordance with the firm’s escalation matrix.
Perform secondary reviews on alerts escalated for supervisory attention or potential rule breaches.
Ensure complete and accurate documentation of all alert reviews, including disposition rationale and supervisory evidence.
Support monthly managerial review processes and prepare surveillance metrics and reporting for senior management.
Oversee periodic data completeness and accuracy checks for both BD and SD surveillance.
Ensure reconciliations between trading systems of record and trade surveillance platform are completed and exceptions addressed.
Participate in scenario testing, calibration reviews, and overall system governance.
Support internal audits and regulatory examinations and inquiries (SEC, FINRA, CFTC, NFA), including documentation of responses and remediation efforts.
Manage, train, and develop surveillance analysts, fostering a culture of compliance, well-managed, and continuous improvement.
Collaborate with Compliance, Legal, Technology, Risk, and business partners to resolve issues and enhance program effectiveness.
Participate in industry groups.
Basic Qualifications
Bachelor's Degree in Finance or any other quantitative field, (Business, Math, Economics, Finance, Statistics, Science, Engineering) or military experience
At least 5 years of trade surveillance, market regulation, or At least 5 years Compliance experience within a Broker-Dealer or Swap Dealer environment.
Preferred Qualifications
Advanced degree
6+ years of trade surveillance, market regulation, or 6+ years compliance experience within a Broker-Dealer or Swap Dealer environment.
Relevant certifications (FINRA Series 7/24, NFA Swap Dealer Associated Person proficiency)
Strong understanding of SEC, FINRA, CFTC, and NFA rules governing market conduct, manipulation.
Experience with rule-based surveillance platforms (Actimize, Validus, Protegent)
Proven leadership experience with the ability to manage and develop a high-performing team.
Excellent analytical, communication, and documentation skills.
Ability to manage multiple priorities in a fast-paced, regulated environment.
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.comCapital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Locations
- New York, New York New York, New YorkMcLean
Salary
80,000 - 135,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- trade surveillanceintermediate
- market regulationintermediate
- alert review and escalationintermediate
- regulatory compliance (SEC, FINRA, CFTC, NFA)intermediate
- analytical skillsintermediate
- team leadershipintermediate
Required Qualifications
- Bachelor's Degree in Finance or quantitative field, or military experience (experience)
- At least 5 years of trade surveillance, market regulation, or Compliance experience in Broker-Dealer or Swap Dealer (experience)
- FINRA Series 7/24, NFA Swap Dealer Associated Person proficiency (preferred) (experience)
Responsibilities
- Lead daily surveillance operations for Broker-Dealer and Swap Dealer
- Oversee alert review and escalation management
- Maintain surveillance procedures and scenarios
- Prepare surveillance metrics and reporting
- Support regulatory examinations and audits
- Manage and develop surveillance analysts
Benefits
- general: comprehensive, competitive, and inclusive set of health, financial and other benefits
Answer 10 quick questions to check your fit for Trade Surveillance Manager (Broker-Dealer & Swap Dealer) @ Capital One.
Related Books and Jobs