Senior Market Operations Specialist - Options
Senior Market Operations Specialist - OptionsAbout IEX:IEX (IEX Group, Inc.) is an exchange operator and technology company dedicated to innovating for performance in capital markets. Founded in 2012, IEX launched a new kind of securities exchange in 2016 that combines a transparent business model and unique architecture designed to protect investors. Today, IEX applies its proprietary technology and experience to drive performance across asset classes, serve investors, and advocate for transparent and competitive markets.The Market Operations Team:IEX is looking for a driven, motivated senior candidate to join our Market Operations desk. You will have familiarity with U.S. options market structure, programming & automation, data analysis, and the support of multifaceted technology systems. You will demonstrate the composure and aptitude required to work effectively in a dynamic, high-pressure trading environment.This position is best suited for a highly collaborative, team-oriented individual who is passionate about working with technology, trading systems, and data. You'll work directly with IEX Member firms and other industry participants to expand access and understanding of the IEX market as well as cross functionally with IEX's product, technology, and regulatory teams.About You:Excellent verbal and written communication skillsSuperlative attention to detailStrong knowledge in exchange technology and desire to continually grow skills in this areaOpen-minded and able to quickly acquire new concepts and ideas, as well as contribute to development and discussion of said ideasSelf-motivated and comfortable with independently driven workAvailability and commitment to accommodate a flexible work schedule and an on-call environmentWhat You'll Do:Execute and maintain daily operational proceduresDevelop expertise with IEX systems, market functionality, order types and external interfacesDesign, build, and maintain automation scripts owned by the Market Operations teamConduct testing with members in test facility environment when required and to assist in executing requests as neededEnsure strict adherence to regulatory reporting requirements in a highly regulated exchange environmentPerform data analysis to support troubleshooting client issues, improving operational efficiency, and managing riskParticipation in general IEX product development and business development initiativesPerform Obvious Error Reviews for Members that notify the desk of possible trading errorsCollaborate with internal teams at IEX - including Technology Operations, Product Management, Business Development, Business Analytics, Quality Assurance, Compliance, and RegulationParticipation in industry testsYour Background:Bachelor's degree or equivalent combination of education and experience5+ years of operational experience on a trading / operations deskStrong knowledge of electronic trading, trading systems, and options market structure a plusInterested in picking up Python programming and automation skillsAbility to acquire applicable certifications within 90 days of hiringNice to Haves:Python programming experience - You've thrown some scripts together to automate things you don't need to spend your time on. Always looking to improve your code and use functions where possible. You get annoyed at manual processes that can be easily automated and do what you can to prevent yourself from being a human keyboard.Data analysis experience -You enjoy spending time with large datasets and using your skills to create interesting views.Familiarity with a versioning system like GitKnowledge of micro-market structure, order types, and order book behaviorWhy you should apply:Comprehensive BenefitsUnlimited PTO100% coverage for medical, dental, and visionNew hire stock equity (RSUs)401K employer matchOneMedical membership16 weeks paid parental leaveFlexible workplaceEmployer charity matchLearning stipendCommuter benefitsJump Start onboarding programInternal mentor program cross-departmentallyFriendly and inclusive workplace cultureOur job titles may span more than one career level. The starting annual base pay is between $120,000 and $150,000 for this NY-based position. The actual base pay is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The annual base pay range is subject to change and may be modified in the future. This role is eligible for bonus and equity.