NinjaTrader provides futures trading platforms and brokerage services for both new and experienced traders. Its fintech products combine charting, simulation, market visualization, and order flow tools across PC, Mac, and mobile devices, supporting access to markets such as E-mini and Micro E-mini, Crude Oil, and Bitcoin futures. The company emphasizes customizable, cost-conscious trading and complements its software with daily livestreams and educational resources designed to help users develop their market knowledge and strategies.
Staff Product Data Analyst, Fraud & Market Surveillance at NinjaTrader — Chicago Hybrid
Lead fraud detection models and surveillance reporting for NinjaTrader’s futures trading platform. Help identify market abuse, partner risk, and evolving fraud patterns through analytics and evidence-based investigations.
Description
- Develop and maintain internal detection systems for wash trading, collusion, and evaluation or prop-firm fraud
- Manage and improve market-abuse detection models and rules across trading data
- Own partner-facing surveillance reporting, progressing from standardized end-of-day reports toward real-time monitoring
- Partner with evaluation and prop-firm firms to validate true and false positives, assess detection performance, and refine thresholds and rules
- Work with partners to assess custom reporting needs and solution feasibility
- Convert fraud patterns into detection logic using matching criteria, hold-time thresholds, recurrence windows, and P&L severity scores
- Maintain the quality and integrity of surveillance data
- Conduct end-to-end investigations of flagged cases and deliver evidence-based findings to partners and internal leaders
- Reduce false positives while uncovering new fraud patterns as abusive behavior evolves
Requirements
- Extensive experience in trade surveillance or market risk
- Practical understanding of wash trading, hedging, reverse trading, collusion, and copy trading, including legitimate patterns that resemble abuse
- Working knowledge of futures and derivatives mechanics, including fills, positions, and P&L
- Advanced SQL proficiency
- Hands-on experience with cloud data warehouses; BigQuery and Athena are preferred
- Experience analyzing large, unstructured transactional datasets
- Ability to create detection rules or anomaly models and analytically justify precision-recall tradeoffs, thresholds, and validation methods
- At least 10 years of experience in data analytics or data science, preferably in trading, fraud, risk, fintech, or market surveillance
- Ability to preserve data quality and communicate technical conclusions clearly and concisely to partners and executives
- Master’s degree in analytics or a related quantitative discipline preferred
- Previous experience with prop firms or brokerages preferred
- Python experience or familiarity with fraud, AML, or surveillance platforms preferred
- Experience developing real-time or streaming detection capabilities preferred
Benefits
- 12% annual target bonus
- 401(k) plan administered through ADP, with company matching up to 3.5% of employee contributions
- 23 days of annual paid time off
- 7 paid holidays
- 20 additional flexible remote days each year
- Six company-wide office-optional weeks aligned with major holidays
- Generous paid time off
- Seven annual paid holidays plus five conditional holidays
- One service day each year
- Paid parental bonding leave
- Health, vision, and dental insurance
- NinjaTrader covers 100% of life and disability insurance premiums
- Remote flexibility for exceptional candidates in eligible states