Head of Trade Surveillance and Best Execution
tastytrade, Inc., Chicago, IL, United States
HeadofTrade Surveillance and Best Execution
Role Overview Application
Company Name:
tastytrade Role:
HeadofTrade Surveillance and Best Execution Location:
Chicago, IL - Hybrid (3 days/week in office) Licensure:
FINRA Series4,7,24, and 63(or equivalents)
Come join a cross-functional team dedicated to protecting clients and the firm by ensuring trades are supervised, fairly executed, and accurately reported. You will own the end-to-end best execution and trade surveillance program for the broker-dealer, helping the business meet regulatory expectations while supporting scalable growth. You will work closely with Trading Desk, Operations, Compliance, Technology, and Finance to design controls, analyze execution quality, and resolve complex trading issues. Your work will turn trading data, venue analytics, and surveillance outputs into clear actions, reports, and process improvements that directly influence senior management decisions.
WhatYou’llDo:
ProgramOwnership:
Lead the best execution program while continuously improving the firm's trade surveillance and best execution frameworks, policies, and procedures including venue analysis, routing reviews, and regular execution quality assessments and reports under FINRA Rule 5310.
Trade Management Operations:
Manage trade management operations across the trade lifecycle (capture, allocation, corrections, breaks), ensuring accurate and timely processing and recordkeeping.
Technology &Systems:
Leveraging automated surveillance systems, data analytics, and emerging technologies to monitor and analyze trading activity more effectively. This would include tuning alert logic, managing surveillance platforms, and working closely with engineering.
RegulatoryInterface:
Own trade-and execution-related regulatory reporting (e.g., CAT/CAIS, FINRA trade reporting facilities, and, where applicable, Rules 605/606 disclosures).
TeamLeadership:
Coordinating across compliance, legal, and trading desks and reporting to senior management and regulators, while managing a MarketStructure and OrderRouting Specialist.
Policy &Procedure:
Ensuring the firm's written supervisory procedures (WSPs) reflect current regulatory expectations and actual practice. Maintain and enhance written supervisory procedures, management reports, and committee materials that document reviews, decisions, and remediation.
Projects:
Partner on projects and system changes involving OMS/EMS, surveillance platforms, and data feeds, including testing, calibration, and control design.
Who You Are:
Bachelor's degree
in Economics, Business, Finance, Accounting, or related field (or equivalent work experience).
FINRA Series4,7,24, and 63
(or equivalents).
7-10 years of experience in broker-dealer trade surveillance, best execution, trading operations, or trade compliance.
Strong working knowledge of FINRA Rules 5310 and 3110, SEC execution and reporting rules, and broker-dealer supervisory frameworks.
Experience with trade surveillance and reporting platforms and OMS/EMS systems, plus strong data skills using tools such as Tableau and SQL or similar analytics.
Experience with managing relationships with market managers and counterparties.
Ability to interpret complex trading and venue data, communicate findings clearly in writing and verbally, and influence stakeholders across trading, operations, risk, legal, and compliance.
High integrity, attention to detail, and a control mindset, with comfort working in a fast-paced, regulated trading environment and managing competing priorities.
Company Perks + Benefits:
Performance Bonuses
Stock Purchase Options
401k Plan
20 Paid Vacation Days (plus an additional paid vacation day the month of your birthday!)
10 Paid Sick Days
Pet Insurance
Wellness & Mental Health Programs
Charitable Donation Matching
Daily catered lunch when in the office
Full kitchen with snacks and beverages
Shuttle to/from Metra
Salary Range:
$170,000 - $190,000 The actual salary offered will be based on the candidate's level of experience and qualifications
Discretionary performance bonus:
15-20% of base salary based on individual and company performance
Location:
Our office is in the West Loop - Chicago's growing center of tech, great cuisine, and high-end bars.
*Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they have every single qualification. Our team is dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role but your experience doesn't align perfectly, we encourage you to apply anyway. You may be just the right candidate for this or other roles!
#J-18808-Ljbffr
Company Name:
tastytrade Role:
HeadofTrade Surveillance and Best Execution Location:
Chicago, IL - Hybrid (3 days/week in office) Licensure:
FINRA Series4,7,24, and 63(or equivalents)
Come join a cross-functional team dedicated to protecting clients and the firm by ensuring trades are supervised, fairly executed, and accurately reported. You will own the end-to-end best execution and trade surveillance program for the broker-dealer, helping the business meet regulatory expectations while supporting scalable growth. You will work closely with Trading Desk, Operations, Compliance, Technology, and Finance to design controls, analyze execution quality, and resolve complex trading issues. Your work will turn trading data, venue analytics, and surveillance outputs into clear actions, reports, and process improvements that directly influence senior management decisions.
WhatYou’llDo:
ProgramOwnership:
Lead the best execution program while continuously improving the firm's trade surveillance and best execution frameworks, policies, and procedures including venue analysis, routing reviews, and regular execution quality assessments and reports under FINRA Rule 5310.
Trade Management Operations:
Manage trade management operations across the trade lifecycle (capture, allocation, corrections, breaks), ensuring accurate and timely processing and recordkeeping.
Technology &Systems:
Leveraging automated surveillance systems, data analytics, and emerging technologies to monitor and analyze trading activity more effectively. This would include tuning alert logic, managing surveillance platforms, and working closely with engineering.
RegulatoryInterface:
Own trade-and execution-related regulatory reporting (e.g., CAT/CAIS, FINRA trade reporting facilities, and, where applicable, Rules 605/606 disclosures).
TeamLeadership:
Coordinating across compliance, legal, and trading desks and reporting to senior management and regulators, while managing a MarketStructure and OrderRouting Specialist.
Policy &Procedure:
Ensuring the firm's written supervisory procedures (WSPs) reflect current regulatory expectations and actual practice. Maintain and enhance written supervisory procedures, management reports, and committee materials that document reviews, decisions, and remediation.
Projects:
Partner on projects and system changes involving OMS/EMS, surveillance platforms, and data feeds, including testing, calibration, and control design.
Who You Are:
Bachelor's degree
in Economics, Business, Finance, Accounting, or related field (or equivalent work experience).
FINRA Series4,7,24, and 63
(or equivalents).
7-10 years of experience in broker-dealer trade surveillance, best execution, trading operations, or trade compliance.
Strong working knowledge of FINRA Rules 5310 and 3110, SEC execution and reporting rules, and broker-dealer supervisory frameworks.
Experience with trade surveillance and reporting platforms and OMS/EMS systems, plus strong data skills using tools such as Tableau and SQL or similar analytics.
Experience with managing relationships with market managers and counterparties.
Ability to interpret complex trading and venue data, communicate findings clearly in writing and verbally, and influence stakeholders across trading, operations, risk, legal, and compliance.
High integrity, attention to detail, and a control mindset, with comfort working in a fast-paced, regulated trading environment and managing competing priorities.
Company Perks + Benefits:
Performance Bonuses
Stock Purchase Options
401k Plan
20 Paid Vacation Days (plus an additional paid vacation day the month of your birthday!)
10 Paid Sick Days
Pet Insurance
Wellness & Mental Health Programs
Charitable Donation Matching
Daily catered lunch when in the office
Full kitchen with snacks and beverages
Shuttle to/from Metra
Salary Range:
$170,000 - $190,000 The actual salary offered will be based on the candidate's level of experience and qualifications
Discretionary performance bonus:
15-20% of base salary based on individual and company performance
Location:
Our office is in the West Loop - Chicago's growing center of tech, great cuisine, and high-end bars.
*Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they have every single qualification. Our team is dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role but your experience doesn't align perfectly, we encourage you to apply anyway. You may be just the right candidate for this or other roles!
#J-18808-Ljbffr