At a Glance
- Tasks: Manage market surveillance and controls, ensuring compliance and operational excellence.
- Company: Join Servaada, a forward-thinking firm in the financial services sector.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Diverse workplace committed to inclusion and positive change.
- Why this job: Be at the forefront of market operations and make a real impact in finance.
- Qualifications: Degree in Finance or related field; 3-5 years in investment administration or risk.
The predicted salary is between 50000 - 65000 € per year.
Servaada is a separate legal entity, authorised by the FCA and has been set up by Wipro to provide regulated outsourcing services within the Financial Services industry. Our clients are leading providers for pension schemes and investment platforms. Servaada will be providing business and technology process outsourcing services and an end to end front and back-office operations support.
This new role establishes the Line 1.5 Investment Administration Risk & Controls function, acting as the operational and analytical bridge between Investment Administration (1LOD) and Compliance (2LOD). The role manages market surveillance, daily controls, reconciliations oversight, reporting, and analytics to ensure all relevant controls are executed before escalation.
Key Responsibilities
- Execute and document the daily market‑surveillance control suite (price moves, DTV anomalies, news adjacency, peer alignment, liquidity shifts).
- Perform first‑level analysis of surveillance alerts, investigate exceptions, and escalate issues promptly where thresholds or patterns indicate concern.
- Identify behaviours, anomalies, or themes requiring 2LOD or senior‑management escalation.
- Oversee all 2‑way and 3‑way reconciliations across positions, pricing, market data, and broker/internal feeds, consolidating break analysis into a single oversight process.
- Conduct root‑cause analysis for breaks, provide challenge to IA teams, and ensure appropriate escalation and closure.
- Produce daily IA control MI, reconciliation oversight MI, and market‑surveillance analytics.
- Lead monthly thematic look‑backs across price behaviours, reconciliation trends, liquidity events, or news‑driven patterns.
- Maintain dashboards for IA governance, 2LOD reporting, JRCC, COWG, Board Packs, and Quarterly Compliance MI.
Investment Administration & Market Operations Expertise
- Interpret market events affecting IA (corporate actions, liquidity events, price volatility) and support decision‑making with data‑based insights.
- Provide analytical challenge to IA and Trading Support to strengthen operational execution and reduce control failures.
- Maintain the IA risk register and control inventory, ensuring clarity of ownership and control frequency.
- Identify gaps and drive automation or enhancement of IA controls and data quality.
- Ensure clear, timely MI and commentary for 2LOD oversight, senior governance, and client reporting.
Stakeholder Engagement
- Act as the central coordinating point between IA, Compliance, Technology, Clients, Vendors, and Risk.
- Communicate issues, insights, and trends clearly and constructively to stakeholders.
Required Skills & Experience
- Strong knowledge of IA, market operations, and UK MAR surveillance indicators.
- Experience with control operation, reconciliations, and market‑data analysis.
- Strong analytical skills (Excel, modelling, market data) and ability to produce clear MI and challenge.
- Excellent communication and the ability to constructively challenge internal and external stakeholders.
Qualifications
- Degree in Finance, Economics, Risk, or related discipline.
- 3–5+ years in IA, surveillance, risk, trading support, or middle office.
Success Measures (First 6–12 Months)
- Effective, timely execution and documentation of daily market surveillance controls.
- Strong oversight of reconciliations, with improved turnaround and reduced breaks.
- Embedded monthly look‑back reporting with actionable insights.
- Clear definition of Line 1 vs 1.5 vs 2LOD responsibilities.
- Improved control environment, reduced breaches, and strong audit outcomes.
Servaada is an advocate for positive change and conscious inclusion. As a global employer, we strive to create a diverse Wipro family by remaining committed to the development of our culture, diversity, equality, and inclusion in the workplace. All applicants welcome.
Market Surveillance Analyst in Bath employer: Servaada - a Wipro Company
Servaada is an exceptional employer, offering a dynamic work environment in the heart of the financial services industry. With a strong commitment to employee growth and development, we provide comprehensive training and support for our Market Surveillance Analysts, ensuring they thrive in their roles. Our inclusive culture fosters collaboration and innovation, making it an ideal place for professionals seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Market Surveillance Analyst in Bath
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working at Servaada or similar firms. A friendly chat can open doors and give you insights that might just help you land that Market Surveillance Analyst role.
✨Tip Number 2
Prepare for interviews by brushing up on your market operations knowledge. Be ready to discuss UK MAR surveillance indicators and how they relate to the role. We want to see your analytical skills shine!
✨Tip Number 3
Showcase your problem-solving abilities! Think of examples where you've tackled issues in reconciliations or market data analysis. We love candidates who can demonstrate their ability to challenge and improve processes.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our diverse Wipro family and contributing to positive change.
We think you need these skills to ace Market Surveillance Analyst in Bath
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Market Surveillance Analyst role. Highlight your experience in investment administration, market operations, and any relevant analytical skills. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our team. Be sure to mention specific experiences that relate to market surveillance and controls.
Show Off Your Analytical Skills:Since this role requires strong analytical skills, don’t shy away from showcasing your proficiency in Excel and data analysis. Include examples of how you've used these skills in past roles to solve problems or improve processes.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Servaada - a Wipro Company
✨Know Your Market Surveillance Basics
Before the interview, brush up on your knowledge of market surveillance indicators and investment administration. Be ready to discuss how you would execute daily controls and handle anomalies. This shows you're not just familiar with the role but also passionate about it.
✨Prepare for Analytical Challenges
Expect questions that test your analytical skills, especially around reconciliations and market data analysis. Practise explaining your thought process when conducting root-cause analysis or producing management information. This will demonstrate your problem-solving abilities.
✨Showcase Your Communication Skills
Since the role involves engaging with various stakeholders, prepare examples of how you've effectively communicated complex issues in the past. Highlight instances where you constructively challenged ideas or provided insights that led to better decision-making.
✨Understand the Company Culture
Familiarise yourself with Servaada's commitment to diversity and inclusion. Be ready to discuss how you can contribute to a positive workplace culture. This not only shows that you align with their values but also that you're a team player who cares about the broader impact of your work.
