Senior Fixed Income Market Abuse Specialist

3 weeks ago


Edinburgh, Edinburgh, United Kingdom Financial Conduct Authority Full time
About the Role

We are seeking a highly skilled and experienced Senior Associate to join our FICC Market Abuse Team, specializing in investigating market abuse in Fixed Income markets.

Key Responsibilities
  • Reviewing allegations of market abuse in Fixed Income, conducting your own enquiries and analysis to determine whether cases should be recommended for formal investigation by Enforcement or addressed with alternative, non-investigatory outcomes
  • Working with FICC specialists in the team to identify and analyze market events and trading of interest or concern in Fixed Income markets
  • Working with FICC specialists, data scientists and data engineers in our commercial and regulatory data teams to drive the development of FICC visualization, analytical and surveillance tools using Python
  • Working with Enforcement on formal Fixed Income market abuse investigations, including gathering and analyzing evidence, and providing market technical support and knowledge
  • Supporting management in decision-making and prioritization of market abuse notifications
  • Helping to progress thematic workstreams and/or key areas of responsibility, involving working with other areas of the FCA
What You Will Get From The Role
  • This is a varied role in one of the most dynamic areas of the FCA, offering an excellent opportunity to play a key role in achieving the FCA's strategic objective by delivering assertive action on market abuse
  • On your journey to becoming a FICC case officer, you will be working with, and learning from, FICC specialists who combine significant FICC industry experience with regulatory and market abuse know-how
  • You will have a unique opportunity to learn from experienced data scientists and data engineers, to grow your basic Python knowledge through self-directed, on-the-job learning with excellent support from Python specialists
  • You will gain considerable exposure to visualization tools such as Tableau, Spotfire and One Tick, and together with the team, you will drive the development of FICC surveillance alerts
  • Furthermore, you will have exposure to a variety of activities covered by the Secondary Market Oversight department and have opportunities to build relationships with staff across the Market Oversight division and beyond
What We Offer
  • Exposure to interesting, varied work in a priority area for the FCA, with the opportunity to provide Fixed Income technical input and drive our FICC analytical and surveillance capabilities
  • The opportunity to take responsibility for projects and your own market abuse caseload, making recommendations and decisions to achieve a variety of outcomes
  • Exposure to a wide range of commercial and regulatory data sets and Fixed Income case work, with the opportunity to work as an Appointed Investigator on formal Enforcement investigations
  • Working closely with other areas of the FCA
  • Excellent learning, training and personal development opportunities, including our Academy's range of programs and resources
Requirements
  • Prior experience in Fixed Income gained from front-office, middle-office, risk, surveillance or similar roles
  • Prior experience of Fixed Income market structure, rates and credit flow products, including exchange traded derivatives
  • Prior experience of basic Python programming language and related libraries, such as Pandas, Numpy, Matplotlib, and proven ability to work on process improvements for multiple process types concurrently
  • Excellent interpersonal and communication skills, both written and verbal, with ability to explain complex, technical matters clearly and succinctly to a range of audiences
  • Ability to prioritize effectively when handling multiple work-streams and tasks
  • Very strong team player and ability to work productively and collaboratively in a team
  • Excellent analytical skills and affinity to working with data sets and visualization tools; good working knowledge of Excel
  • The ability to make sound, evidence-based judgments and recommendations, alongside a flexible and adaptable approach
  • Self-starter with a proactive approach to acquiring new skills and knowledge and managing own workload
  • Curiosity and enthusiasm for learning and sharing knowledge, and ability to build strong and effective working relationships with colleagues and other stakeholders
  • Understanding of the UK Market Abuse Regulation (UK MAR)


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