Head of Trading Surveillance
Location: London office. Approximately 15% international travel to Aalborg and Copenhagen.
Role Overview
The Head of Trading Surveillance reports to the Ethics & Compliance (E&C) function and manages a team of analysts responsible for identifying potential trading anomalies, market abuse indications and other inappropriate activity. The role also manages automated monitoring of trade and communication activities within Centrica Energy.
Key Responsibilities
- Lead design and delivery of a multi‑jurisdictional surveillance framework aligned to MAR, REMIT, EMIR and applicable exchange rules.
- Oversee trade, transaction and communication surveillance to ensure effective detection and escalation of market abuse risks.
- Maintain and enhance risk‑based, proportionate surveillance systems that scale with business growth.
- Build and lead a high‑performing team, driving quality, consistency and strong regulatory judgement.
- Drive strategic transformation initiatives, including system upgrades, new product integration and regulatory remediation.
- Lead daily surveillance operations, investigations and risk assessments.
- Collaborate with IT, commercial, legal and senior stakeholders, and engage with regulators and exchanges.
- Support regulatory enquiries, deliver training and manage external reporting obligations.
- Deliver insightful MI and board‑level reporting on surveillance risks and effectiveness.
- Track regulatory developments and assess their impact on the surveillance framework.
Qualifications
- Senior leader with extensive experience managing a surveillance function in the commodities industry.
- Strong technical knowledge of MAR, REMIT, EMIR, MIFID and how they apply to physical and financial products.
- Proven experience designing and running surveillance frameworks covering both on‑venue and OTC activity in power, gas, LNG and commodities trading.
- Strong leadership skills with the ability to manage, mentor, motivate and build successful surveillance teams across multiple locations.
- Deep understanding of physical and financial energy markets products and systems, including algorithmic or automated trading strategies.
- Experience presenting surveillance outcomes and risk assessments to executive‑level stakeholders, including board‑level reporting.
- Ability to produce insightful management information on surveillance effectiveness, emerging risks, thematic findings and regulatory exposure.
- Proficient in investigations of trading conduct using strong regulatory judgement.
- Strong stakeholder management skills, including engagement with regulators and senior commercial leadership.
- Data‑literate and highly analytical, able to translate market behaviour into regulatory risk.
