Trade Surveillance Officer

Job description

**Business type**:

- Types of Jobs - Compliance / Financial Security

**Job title**:

- Trade Surveillance Officer

**Contract type**:

- Permanent Contract

**Management position**:

- No

**Job summary**:

- The incumbent shall work within the Surveillance area to implement and perform monitoring and testing of trade alerts across all CA CIB and CASA business lines. He/she will give input for the design of new monitoring strategies.
- Help to enhance monitoring and surveillance controls that extends to CA CIB ad CASA for conduct and market abuse risks. This includes, but it not limited to:

- Monitoring of Trades, Orders, RFQs and Market Data. (Daily)
- Market Soundings and Investor Feedback.
- Electronic Communications.
- Conflicts of interest.
- LIBOR submission and related communications monitoring.
- Assist, develop and help implement new monitoring controls other than those set out above.
- Follow up on any alerts identified as requiring calibration, threshold or logic changes or general improvements.
- Compile breach / incident and audit trail reports arising from monitoring activity and report the outcome to the UK Head of Surveillance.
- Create and document detailed user guides and desk top procedures ensuring all policies remain up to date.
- Contribute to the maintenance of the annual Compliance Surveillance book of work.
- Highlight issues to senior Surveillance Management regarding data input, data output and market data.
- Identify and escalate potential instances of Market Abuse, Operational risk and other market integrity issues as discovered from the alert creation process.
- Ensure the efficient escalation of any potential breaches and tracking them as appropriate.
- Ensure that the monitoring findings are accurately recorded and retrievable to provide full reporting to senior management.
- Proactively identify gaps and weaknesses in surveillance/ monitoring activity and actively seeking to address them.
- Ensure confidentiality at all times due to privileged information access.
- Maintain awareness of key regulatory updates and analysing their impact on alert development.
- Participate actively to the changes in the organisation triggered by the revamping of the monitoring platform and tools.

Position location

**Geographical area**:

- Europe, United Kingdom

**City**:

- London

**Minimal education level**:

- Bachelor Degree / BSc Degree or equivalent

**Academic qualification / Speciality**:

- Compliance related Professional Training qualification (e.g. FINRA, CISI).
- University degree or equivalent level of experience.

**Experience**:

- Understanding of basic Capital market products such as Origination, Syndication, Credit and Rates, Structured Products, FX and Treasury.
- Solid controls development experience - streamlining processes and controls.
- Ability to review and analyse data then present results statistically in MI format.
- Proven experience of delivering high quality compliance MI reports for senior management.
- Proven experience of executing compliance reports and investigations or similar regulatory reports.
- Ability to track and document investigation until resolution.
- Proven experience of written communications with senior managers
- Ability to defend and persuade a position.
- Understanding of Market Abuse Regulation and the associated Alert Scenarios, but not limited to: Layering/Spoofing, Front Running, Wash Trades, Ramping, Cross Product/Venue Manipulation, Manipulation of Benchmarks.

**Required skills**:

- High curiosity and Investigative mind
- Ability to detect suspicious behaviour
- Results driven person who is willing to take on repetitive tasks
- Energy and tenacity to work well under pressure to deliver in short deadlines.
- Confident and adaptable, and possess an eye for detail whilst appreciating the big picture
- Self-starter with mínimal need for guidance
- Ability to assimilate and to interpret information quickly
- Proactive attitude in identifying trends and risks
- Ability to handle a large amount of data on a daily basis
- Team player who enjoys working collaboratively and communicate regularly
- Strong analytical and problem solving skills with the ability to exercise sound and balanced judgment
- Excel proficient
- Fluent communication (oral and written) and interpersonal skills.
- Detailed knowledge of FCA rules and good knowledge of European Legislation, as well as UK and European best practice.
- IT literacy (trade capture systems and downstream feeds) risk systems, surveillance tools, databases and spreadsheets and statistics).
- Report writing skills