At a Glance
- Tasks: Monitor trading activity and detect potential market abuse using advanced surveillance tools.
- Company: Join a leading financial services firm with a focus on compliance and innovation.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborative culture with opportunities for career growth and continuous learning.
- Why this job: Make a real impact in the financial sector while enhancing your analytical skills.
- Qualifications: Bachelor's degree and 3 years of experience in market abuse surveillance required.
The predicted salary is between 55000 - 65000 £ per year.
We are hiring for a Trade Surveillance, Futures Compliance role responsible for monitoring trading activity across LME and ICE Futures Europe products using Nasdaq SMARTS to detect potential market abuse and rule breaches. The role involves analysing alerts with strong market insight, incorporating trading patterns, e-communications, and external market context to assess risk. You will support escalation processes and regulatory reporting, including STOR assessments under UK MAR, while maintaining clear and audit-ready documentation. The position also contributes to ongoing surveillance enhancement through model calibration, data quality oversight, and continuous improvement initiatives. Collaboration with Compliance, Risk, and Front Office stakeholders is key to ensuring effective governance and adherence to regulatory standards.
Key Areas of Responsibilities
- Trade Surveillance Using Nasdaq SMARTS: Perform daily market-abuse surveillance using the Nasdaq SMARTS platform across LME and ICE Futures Europe products, reviewing automated alerts for potential indicators of market manipulation, insider dealing, and other abusive behaviours and exchanges rules breaches.
- Alert Investigation and Analysis: Analyse alerts applying sound judgement to distinguish genuine risk from false positives.
- Market Context and Product Expertise: Apply strong understanding of commodities market structure, relevant to LME and ICE Futures Europe contracts when assessing alerts.
- Escalation and Suspicious Transaction and Order Report (STOR) support: Escalate suspicious activity in line with internal governance procedures, supporting Compliance with documentation, investigation summaries, and input to STOR assessments under UK MAR.
- E‑Communications Surveillance: Review and investigate audio and electronic communications alerts (email, voice, chat platforms) in coordination with trade alerts, focusing on potential misuse of inside information, market manipulation intent, or improper information sharing.
- Cross‑Product and Cross‑Source Analysis: Correlate trading behaviour with e‑communications, market news, physical market events, and position data to conduct holistic investigations, particularly for intra‑group and cross‑border trading activity.
- Calibration Feedback and Model Improvement: Provide qualitative feedback on alert performance, contributing to SMARTS calibration, back‑testing, and periodic review exercises, and any ad hoc projects.
- Data Quality and Surveillance Integrity: Identify potential data quality, timeliness, or completeness issues impacting surveillance effectiveness and work with Technology, Operations, or Compliance to resolve surveillance‑relevant data concerns.
- Documentation and Audit‑Readiness: Maintain clear, concise, and regulator‑ready case documentation, ensuring investigations, rationale, and outcomes are fully recorded and retrievable for internal review, audit, or regulatory requests.
- Regulatory Awareness and Standards Adherence: Stay up to date with UK MAR, FCA Market Watch publications, exchange rules (LME and ICE Futures Europe), and internal policies and procedures, ensuring surveillance activity aligns with regulatory expectations and industry best practice.
- Stakeholder Interaction: Engage proactively with Compliance, Risk, Front Office supervision, and (where applicable) outsourced surveillance teams, contributing to clear communication, consistent standards, and continuous improvement of the surveillance framework.
- General compliance support to derivative trading and clearing activities: Collaborate with the business, other departments and external counsels to ensure effective governance of the company’s futures business.
- Ad hoc tasks to support the Compliance function.
Requirements
- Minimum of a bachelor’s degree in Finance, Business, Law, Mathematics or Economics.
- Minimum 3 years’ of relevant experience in financial services in Market Abuse Surveillance, preferably with demonstrable experience of the Commodities and financial derivative markets.
- Demonstrable familiarity with surveillance systems such as Nasdaq SMARTS.
- A working knowledge of the relevant regulations, FCA, Exchanges rules and industry practices applicable to futures and derivative trading and clearing activities.
- Strong analytical and organisational skills.
- Strong attention to details, proactive mindset and a team player.
- Strong data handling skills.
- Excellent communication skills both verbal and written.
Trade Surveillance, Futures Compliance, Compliance in London employer: CITIC
At our firm, we pride ourselves on fostering a dynamic and inclusive work environment that prioritises employee growth and development. As a leader in the financial services sector, we offer comprehensive training programmes, competitive benefits, and opportunities for career advancement, all while being located in the vibrant heart of London. Join us to be part of a collaborative team dedicated to maintaining the highest standards of compliance and market integrity.
StudySmarter Expert Advice🤫
We think this is how you could land Trade Surveillance, Futures Compliance, Compliance in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like CITIC looking for candidates who are engaged and informed.
We think you need these skills to ace Trade Surveillance, Futures Compliance, Compliance in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at CITIC. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at CITIC
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with CITIC’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
