At a Glance
- Tasks: Investigate trade surveillance alerts and identify potential market abuse in financial markets.
- Company: Join a leading Global Banking Organisation with a dynamic compliance team.
- Benefits: Competitive daily rate, hybrid working model, and a 12-month contract.
- Other info: Ideal for professionals seeking to advance their career in a global setting.
- Why this job: Make a real impact by tackling market abuse in a fast-paced banking environment.
- Qualifications: Proven experience in trade surveillance and knowledge of market regulations.
- Senior Trade Surveillance Officer - L2 Investigations
- Global Banking Organisation | London | Hybrid - 3 days per week onsite
- £600-£690 per day | Inside IR35 | 12 month contract
We are working with a Global Banking Organisation, seeking an experienced Senior Trade Surveillance Officer to join its EMEA Compliance and Surveillance function in London.
This is a hands-on Level 2 Trade Surveillance position focused on investigating escalated surveillance alerts and identifying potential market abuse across a broad range of financial markets.
Key responsibilities
- Conducting detailed L2 investigations into trade surveillance alerts referred by the Level 1 surveillance team.
- Investigating potential market abuse, including insider dealing, market manipulation, spoofing/layering and other suspicious trading behaviours.
- Reviewing trading activity using trade/order data, market data, communications and other internal and external information sources.
- Determining whether cases should be closed or escalated to senior Surveillance and Compliance stakeholders.
- Supporting and documenting investigations that may result in Suspicious Transaction or Order Reports (STORs).
- Working closely with Front Office, Compliance and other Surveillance teams to obtain evidence and investigate suspicious activity.
- Reviewing alert and escalation trends to identify emerging market conduct risks.
- Providing challenge and feedback to L1 surveillance teams to improve the quality of alert disposition.
- Supporting management information and reporting to senior Compliance stakeholders.
Key Skills/Experience
- Strong evidence/track record of Trade Surveillance experience within an investment banking environment.
- Strong hands-on experience conducting L2 trade surveillance investigations.
- Demonstrable experience investigating market abuse and suspicious trading activity.
- Strong knowledge of UK/EU Market Abuse Regulation (MAR), Mi FID II and FCA market conduct expectations.
- Broad financial markets knowledge across Equities, Fixed Income, FX, Repos and Derivatives, including futures, options and swaps.
- Experience investigating cases involving potential insider dealing and/or market manipulation.
- Exposure to STOR investigations/submissions would be highly desirable.
- Experience with surveillance platforms such as Nasdaq SMARTS, KX or similar would be beneficial.
This would suit an established Trade Surveillance professional looking to join a complex, global banking environment and take ownership of high-quality L2 market abuse investigations.
Please apply or get in touch directly to discuss the opportunity.
Trade Surveillance Officer employer: Magnit Global
Join a leading global banking organisation in London, where you will be part of a dynamic team dedicated to enhancing technology and security within a large enterprise virtual desktop environment. With a strong focus on employee growth, the company offers competitive pay, a collaborative work culture, and opportunities to engage with cutting-edge technologies while contributing to meaningful security improvements. This role not only allows you to leverage your expertise but also provides a platform for professional development in a supportive and innovative setting.
