Market Operations Specialist
IEX is looking for a driven, motivated junior candidate to join our Market Operations desk. You will have familiarity with the mechanics of electronic trading, U.S. equity 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 technology and working with 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 skills
Superlative attention to detail
Keen interest in technology and desire to grow skills in this area
Open-minded and able to quickly acquire new concepts and ideas
Self-motivated and comfortable with independently driven work
Availability and commitment to accommodate a flexible work schedule and an on-call environment
WHAT YOU WILL DO:
Operation of the production trading systems and the support of its Member firms
Execute and maintain daily operational procedures
Develop expertise with IEX systems, market functionality, order types and external interfaces
Design, build, and maintain automation scripts owned by the Market Operations team
Perform data analysis to support troubleshooting client issues, improving operational efficiency, and managing risk
Participation in general IEX product development and business development initiatives
Collaborate with internal teams at IEX – including Technology Operations, Product Management, Development, Quality Assurance, Sales, Compliance, and Regulation
Participation in industry tests
YOUR BACKGROUND:
Bachelor's degree or equivalent combination of education and experience
2+ years of operational experience on a trading desk
Familiarity with electronic trading, trading systems, and equity market structure a plus
Interested in picking up Python programming and automation skills
Ability to acquire Series 7, 57 and Series 63 certifications within 90 days of hiring
NICE 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 – spent time with a data science module like Pandas for Python or a query language like kdb+/q or SQL (we love jupyter notebooks!). You enjoy spending time with large datasets and using your skills to create interesting views.
Familiarity with a versioning system like Git
Familiarity with an automation scheduling tool like Rundeck
Knowledge of micro-market structure, order types, and order book behavior
Here at IEX, we are dedicated to an inclusive workplace and culture. We are an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, genetic information or any other characteristic protected by applicable federal, state or local laws. This policy not only complies with all applicable laws and protects workers' rights but is vital to IEX’s overall mission and values.