At a Glance
- Tasks: Analyse market data, manage surveillance controls, and ensure compliance across investment operations.
- 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 analysis and risk management in a dynamic environment.
- Qualifications: Degree in Finance or related field; experience in investment administration or market operations.
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 employer: Servaada - a Wipro Company
Servaada is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. Located in the heart of the financial services sector, we provide our employees with robust growth opportunities, comprehensive training, and a commitment to diversity and inclusion. Our culture fosters open communication and encourages employees to challenge the status quo, ensuring that every team member plays a vital role in driving positive change within the industry.
Contact Details:
Servaada - a Wipro Company Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Market Surveillance Analyst
✨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 land you an interview.
✨Tip Number 2
Prepare for interviews by brushing up on your market surveillance knowledge. Be ready to discuss how you would handle specific scenarios related to price moves or liquidity shifts. Show us you know your stuff!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind and show your enthusiasm for the role. We love seeing candidates who are genuinely interested.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our team at Servaada. Let’s make it happen!
We think you need these skills to ace Market Surveillance Analyst
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 don’t miss out on any important updates. 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 operations and UK MAR surveillance indicators. Be ready to discuss how you would execute daily market-surveillance controls and what key anomalies you would look for.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess, especially with Excel and market data analysis. Bring examples of how you've used data to produce clear management information or challenge operational processes in previous roles.
✨Communicate Clearly and Constructively
Practice articulating complex ideas simply and effectively. You’ll need to communicate insights and trends to various stakeholders, so think about how you can convey your thoughts clearly while also being open to constructive challenges.
✨Understand the Role of Stakeholders
Familiarise yourself with the different lines of defence (LOD) and their responsibilities. Be prepared to discuss how you would act as a central coordinating point between Investment Administration, Compliance, and other teams, ensuring smooth communication and issue resolution.
