Trade Surveillance Officer - Associate/VP

A global investment bank is currently recruiting for a Trade Surveillance Officer at VP level for a full time permanent position. The role will be based in Liverpool street and will be offered hybrid with 3 days attendance required in the office.

The Compliance Surveillance Team is responsible for designing, implementing, monitoring and testing a transversal range of surveillance models across the entire range of businesses, including providing a gap analysis that feeds into the annual BC M&S Control plan. Appropriately escalating suspicious transactions is fundamental to the role.

The role requires an expert in the collection and analysis of input and output data, as well as an understanding of key and up to date Compliance matters. Knowledge of the surveillance tool ‘Actimize’ is an advantage but not a requirement. The person should be familiar with regulatory and conduct issues which are relevant to the monitoring and surveillance framework i.e. Market Abuse and Conduct Risk.

The CM&S Framework monitors transactions and communications within all the business lines including: Credit and Rates, Foreign Exchange & Treasury, Debt Capital Markets, Securitisation, Global Investment Banking, and Identification and inclusion of conduct risks.

Reporting into the UK Head of Surveillance, your key responsibilities include:

• Help to enhance monitoring and surveillance controls for conduct and market abuse risks. This includes, but is not limited to: Monitoring of Trades, Orders, RFQs and Market Data (Daily).
• 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 desktop 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 seek to address them.

The ideal candidate should have an 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.

If this sounds like the ideal next move for you, APPLY NOW and we’ll be in touch.