Data KegczH5 - Product — United States

About The Company

NinjaTrader is a leading trading platform and futures broker dedicated to empowering traders worldwide. Since its inception in 2003, NinjaTrader has grown to serve over 2 million users, becoming the number one rated futures brokerage globally. The company is committed to innovation, providing cutting-edge software and brokerage services that enable traders—from novices to seasoned professionals—to navigate financial markets with confidence. NinjaTrader fosters a dynamic culture focused on professional growth, social connection, and employee recognition, driving its mission to become the world’s top retail-focused trading platform.

About The Role

We are seeking a Staff Product Data Analyst specializing in Fraud & Surveillance to join our Trade Surveillance team based in Chicago or remotely in select states. This critical role involves building and maintaining sophisticated detection models and rules to identify and prevent fraudulent trading activities such as wash trading, collusion, and prop-firm fraud. You will be responsible for developing partner-facing surveillance reports and collaborating closely with internal teams and external partners to ensure data integrity and actionable insights. This position demands a deep understanding of market abuse patterns, futures trading mechanics, and advanced data analytics capabilities to protect the integrity of our markets and enhance NinjaTrader’s fraud detection capabilities.

Qualifications

• 10+ years of experience in data analytics or data science, preferably within trading, fraud detection, risk management, fintech, or market surveillance

• Deep expertise in trade surveillance or market risk, including knowledge of market abuse patterns such as wash trading, hedging, reverse trading, collusion, and copy trading

• Strong proficiency in SQL and experience working with cloud data warehouses (BigQuery and Athena preferred)

• Working knowledge of futures and derivatives trading mechanics, including fills, positions, and profit & loss (P&L) calculations

• Proven ability to design, implement, and validate detection rules or anomaly models with analytical rigor and domain expertise

• Experience maintaining data quality and translating complex technical findings into clear, concise reports for partners and executives

• Excellent communication and collaboration skills for working with internal teams and external partners

• Bonus qualifications include a Master’s degree in analytics or related quantitative field, prior experience at a prop firm or brokerage, proficiency in Python, experience with fraud, AML, or surveillance tooling, and familiarity with real-time or streaming detection systems

Responsibilities

• Develop, own, and continuously enhance detection models and rules to identify market abuse including wash trading, hedging, reverse trading, collusion, and coordinated accounts

• Create and manage partner-facing surveillance reports, evolving from standardized end-of-day reports to real-time monitoring solutions

• Collaborate directly with evaluation and prop-firm partners to validate detection accuracy, calibrate thresholds, and reduce false positives

• Translate complex fraud patterns into precise, tunable detection logic involving matching criteria, hold-time thresholds, recurrence windows, and P&L severity scoring

• Maintain high standards of data quality and hygiene for surveillance data feeding detection and reporting systems

• Conduct thorough investigations of flagged cases and produce clear, evidence-backed findings for partner and leadership action

• Continuously identify emerging fraud patterns and adapt detection strategies accordingly

• Collaborate cross-functionally with engineering and product teams to define data pipelines and detection frameworks

Benefits

• Competitive salary range of $162,000 to $212,000 USD with an annual target bonus of 12%

• 401(k) plan with company match up to 3.5%

• Generous paid time off including 23 days PTO per year and 7 paid holidays

• Hybrid work schedule for Chicago-based employees with remote flexibility and additional flex remote days

• Paid parental bonding leave

• Comprehensive health, vision, and dental coverage

• Life and disability insurance fully covered by NinjaTrader

• Employee recognition initiatives and professional development opportunities

Equal Opportunity

NinjaTrader is committed to providing equal employment opportunities to all individuals regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace and encourage diverse candidates to apply.