Market Surveillance Manager
Location: Chicago, IL (1 day a week in office)
Type: Full-time
Industry: FinTech / Exchange / Digital Assets / Regulated Trading Environments
Innovar Group is partnering with a fast-growing, technology-driven trading platform operating in a CFTC-regulated environment that is building the next generation of market integrity infrastructure. This is a rare opportunity to step into a high-visibility surveillance leadership role where you’ll shape tooling, workflows, and detection logic—not just maintain existing compliance processes.
If you enjoy working at the intersection of markets, data, and regulatory technology, this role gives you ownership of the surveillance ecosystem supporting a modern exchange environment.
What You’ll Do
This role sits at the center of trading oversight and platform trust. You’ll operate as the primary surveillance platform expert while helping lead investigations and mentor analysts.
Key responsibilities include:
- Execute real-time trade surveillance monitoring to detect spoofing, wash trading, manipulation, and other market abuse signals
- Serve as the primary administrator and power user of Eventus Validus
- Support migration and optimization efforts from Scilla ? Eventus
- Tune surveillance logic and alerts to reduce false positives and improve detection accuracy
- Lead investigations into suspicious trading activity and document findings
- Monitor margin exposure, position limits, and settlement integrity risks
- Support regulatory reporting obligations for CFTC and NFA
- Act as a technical SME during regulatory audits and examinations
- Maintain surveillance policies, procedures, and audit trails
- Mentor and support a small team of surveillance analysts (1–2 direct reports)
- Help shape surveillance processes in a scaling exchange environment
What Makes This Role Different
- Own surveillance tooling strategy
- Work directly inside modern reg-tech platforms
- Influence detection logic and workflows
- Support a live migration from Scilla to Eventus
- Operate in a high-impact environment tied directly to trading integrity
What We’re Looking For
- Hands-on experience with Eventus Validus
- 3 years working within a CFTC-regulated entity
- (DCM, DCO, SEF, or FCM)
- Experience conducting trade surveillance investigations
- Understanding of market manipulation patterns (spoofing, wash trading, layering)
- Experience supporting regulatory reporting workflows
- Familiarity with Commodity Exchange Act (CEA) principles
- Exposure to digital assets, derivatives, or prediction/event markets
Bonus Skills:
- Experience with Scilla
- Series 3 license
- SQL or data visualization exposure
- Experience tuning surveillance alert logic
- Experience supporting regulatory exams
Ideal Background
Strong candidates often come from:
- Exchanges
- Clearing organizations
- Crypto trading venues
- Futures commission merchants
- Swap execution facilities
- Reg-tech surveillance teams
About Innovar Group
Innovar Group is comprised of senior talent agents who deliver top recruitment services to clients throughout the United States. We bring a new era of recruiting to the industry by aligning state-of-the-art technology w/ outstanding talent. Visit our website at
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. We encourage applications from all qualified individuals regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status, in accordance with applicable federal, state, and local laws.
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