Market Operations Analyst

ElectronX™ is the first U.S.-regulated, direct access electricity derivatives market, offering financial products to address volatile short-term price exposure to electricity. With offices in Chicago and New York City, ElectronX is building the missing financial infrastructure and risk management tools necessary to smooth the path for U.S. energy production, diversification and grid expansion in a time of rapidly increasing power demand. ElectronX is a venture capital-backed startup supported by premier VC partners including Innovation Endeavors, Systemiq Capital, Equinor Ventures, Shell Ventures LLC, DCVC, Amplo, BoxGroup and Lightning Capital.

As a fast-growing company in the highly competitive, quantitative capital markets industry, ElectronX values candidates who are resourceful, curious and adaptable to change. Our cultural focus on innovation requires collaborative and entrepreneurial teammates with the intellectual grit necessary for near- and long-term success.

The Market Operations Analyst will play a critical role in real-time market monitoring, surveillance, and operational support while contributing to the firm's broader mission of building highly automated and efficient market operations systems. This position reports to the Chief Operating Officer (COO) and works closely with Compliance, Finance, Commercial and Technology teams. This role is uniquely suited for someone who has thrived in both the structured, high-pressure world of top-tier trading firms and the hands-on operational challenges of leading derivatives exchanges. As a Market Operations Analyst, you’ll do more than monitor and maintain systems—you’ll build, improve, and operate critical processes.

Real-Time Market Monitoring & Surveillance

• Monitor live trading activity and market conditions. This position would assume the role within either of the following shift times:

  • Opening Shift: 6:00am - 2:00pm CT

  • Closing Shift: 1:00pm - 9:00pm CT

• Identify, document, and escalate suspicious activity to Compliance when necessary

• Investigate real-time market incidents and own critical path escalations to ElectronX Engineering, while providing regular and active remediation updates to customers

• This role will require dedicated time in the office five days a week, based in ElectronX’s Chicago office

Automation & Process Innovation

• Collaborate with Engineering to automate monitoring tools and create real-time alerts

• Develop Python scripts for data analysis and operational reporting

• Use Python & SQL to build dashboards and visualization tools to improve market insights

• Identify inefficiencies and implement scalable solutions

Operational Support & Growth

• Oversee daily trading operations and system monitoring

• Assist with onboarding new participants and troubleshooting issues

• Work with Compliance on investigations and regulatory requests

• Contribute to business continuity planning and testing

• 2+ years of experience in derivatives trading operations (market ops, surveillance, trading ops, etc.)

• Exposure to Python & SQL—you can analyze data and improve processes

• Thrives in fast-paced, high-stakes environments

• A critical thinker with a customer-first mindset – you don’t just follow through checklists, you question the status quo and are constantly thinking about ways to best serve our trading customers

• A builder, you don’t just follow processes, you improve them

Startup mindset, excited to work in a high-growth environment and earn equity in what you help build

• Health, vision and dental insurance

• 401K

• Supplemental health and disability insurance

• Unlimited vacation

• Flex-work

Equal Opportunity Statement:

ElectronX is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

This position is not eligible for immigration sponsorship.