Market Operations Senior Specialist

The Role

Nasdaq is helping shape the next generation of financial-market infrastructure. Through our vision for ‘Always On’ markets, we are exploring how advanced technology and tokenization can support more accessible, resilient and efficient markets.

As a Market Operations Senior Specialist, you will help establish the operational foundations of an innovative trading venue. You will work at the intersection of electronic trading, tokenized securities, market infrastructure and operational resilience.

This is an opportunity to join a global technology leader and contribute to the future of financial markets while working with colleagues across Operations, Technology, Product, Compliance, Risk and other functions.

Nasdaq is committed to creating an inclusive environment where colleagues are valued for their perspectives, have opportunities to develop and are supported in building meaningful careers.

This is a permanent, full-time position based in Vilnius, Lithuania, operating under a hybrid working model with 3 days in office. You can expect a collaborative and fast-paced environment where your contribution will directly influence the operational resilience, scalability and client experience of a new market capability.

The successful candidate will need to demonstrate flexibility in working hours to support market activity, implementation events, testing, production changes and incidents. The role will participate in a reasonable and structured on-call or incident-response arrangement. Some work may occasionally take place outside standard Vilnius business hours.

What You Will Do

As a Market Operations Senior Specialist, you will be a senior individual contributor responsible for helping establish, operate and continuously improve the operational environment. You will act as an operational subject-matter expert across electronic trading, production support, incident management, client enablement and operational readiness.

Key Responsibilities

·       Own and oversee the daily market operations processes and controls supporting our trading environment, including operational checks, market changes and processing cycles.

·       Monitor trading activity and downstream processing, using operational reporting, alerts and dashboards to identify and act on emerging issues.

·       Investigate and oversee the timely resolution of complex exceptions across the trade lifecycle, from order routing and execution through clearing, settlement, custody, reconciliation and reporting.

·       Develop and maintain operational processes for the tokenized elements of the trade lifecycle, including on-chain settlement, digital custody and reconciliation between ledger and traditional records.

·       Lead the operational response to incidents and service disruptions, coordinating triage, impact assessment, communication and controlled service recovery.

·       Lead post-incident reviews and root-cause analysis, and track remediation actions through to completion.

·       Perform Know Your Customer (KYC) and Anti-Money Laundering (AML) vetting processes of prospective clients in line with legislative requirements.

·       Lead the operational onboarding of clients and counterparties, establishing repeatable, well-controlled processes that support future growth.

·       Act as an operational subject-matter expert on electronic trading workflows and troubleshoot complex production issues.

·       Lead operational readiness for new products, releases and changes, from early design input through testing, acceptance and post-implementation validation.

·       Work with Compliance, Legal and Risk to translate regulatory obligations into effective operational procedures and controls, and support audits and regulatory requests.

·       Ensure that controls are performed and evidenced accurately, and escalate potential market-integrity, client, conduct, compliance or control concerns promptly.

·       Define operational metrics and management information, and drive continuous improvement through automation, better monitoring and standardized procedures that allow the operation to scale safely.

·       Maintain operational documentation and training, mentor colleagues, and act as an escalation point and constructive challenger to Product and Technology.

Required Qualifications

·   A minimum of 8 years of relevant experience in electronic trading operations, capital-markets production support, trading technology, market infrastructure, brokerage operations or a closely related field.

·   Strong understanding of electronic trading and the end-to-end order lifecycle.

·   Experience supporting production trading environments in a regulated financial-services setting.

·   Proven experience coordinating complex incidents, outages or degraded-service events.

·   Experience investigating order-routing, execution, allocation, clearing, settlement, reconciliation or regulatory-reporting issues.

·   Strong working knowledge of FIX-based trading workflows and familiarity with order-management or execution-management systems.

·   Demonstrated ability to own operational processes and controls.

·   Experience supporting client onboarding, connectivity, testing, certification or production readiness.

·   Ability to understand interactions across application, middleware, database, network and infrastructure layers.

·   Strong analytical, structured problem-solving and risk-based decision-making skills under time pressure.

·   Strong stakeholder-management skills and excellent written and spoken English.

·   Bachelor’s degree or equivalent relevant education and professional experience.

Preferred Qualifications

·   Experience operating or supporting a trading venue, exchange, broker-dealer or other regulated trading venue.

·   Experience with US equity-market structure, transaction reporting or broker-dealer operations.

·   Familiarity with concepts of tokenized securities, digital assets or distributed-ledger (blockchain) settlement and custody.

·   Experience with operational automation (application of Artificial Intelligence), scripting, monitoring, alerting, dashboards or data analysis.

·   Relevant securities-industry licences or professional qualifications.

·   Experience mentoring colleagues or acting as a senior subject-matter expert.

Come as You Are

Nasdaq is an equal opportunity employer. We welcome applications from candidates of all backgrounds and identities.

We are committed to fostering an inclusive workplace where diverse perspectives, experiences, and identities are valued and celebrated.

We ensure that individuals with disabilities are provided with reasonable accommodation throughout the hiring process.

Benefits & Rewards

We offer a competitive, well-rounded rewards package that supports you and your family - inside and outside work.

The annual gross base pay for this role is €33,000 - €61,000. At Nasdaq, we use a structured job and career framework to make sure growth opportunities are clear and fair. The pay range you see reflects the full salary band for this job level, including room for progression over time. The actual offer will depend on factors like your skills, experience, qualifications, and location, and will fall within a portion of the posted range that’s appropriate for this role. In addition to base pay, we offer short-term incentives (bonus or commission) and long-term incentives (equity), where applicable, as well as the following benefits:

- Competitive base salary
- Annual bonus
- Annual equity grant
- Employee Stock Purchase Plan offering discounted company shares
- Voluntary III Pillar Pension Plan with Company contributions
- 20 vacation days + additional vacation days based on tenure
- 6 additional flex days per year
- Work from (almost) anywhere – up to 20 days/year
- Paid time off for volunteer work - up to 2 days/year
- Flexible Health Insurance program
- Group Life Assurance and 24/7 Accident Insurance
- Comprehensive sports, fitness and welness activities
- 24/7 mental health support for you and your family
- Global mentoring program
- Unlimited access to e-learning platforms
- Hybrid work setup
- Modern and comfortable office work environment with fresh fruit, snacks, and weekly fika breaks