Surveillance Officer

CIRO / OCRI; Vancouver; Hybrid; CAD 85,000 - 95,000; Full time

Benefits offered by this job

Hybrid work environment

Competitive base salary

Employer-paid health benefits and flex

Job summary

CIRO, the Canadian Investment Regulatory Organization, located in Canada, provides real-time market surveillance to safeguard market integrity and ensure equal access to information. The Surveillance Officer role focuses on monitoring, reviewing cross-asset activity, and timely disclosure compliance in a high-stakes regulatory environment.

With a post-secondary degree and 5–10 years in trading/compliance, you will work on halting trading when necessary, and help develop tools to detect evolving

Qualifications

• Post-secondary degree required.
• 5–10 years of trading/compliance experience.
• Strong expertise in derivatives and their trading practices.
• Completion of Canadian Securities and Trader Training courses required.
• Derivatives Fundamentals course would be an asset.

Responsibilities

• Communicate daily with dealers, issuers and marketplaces on market integrity topics.
• Backup for cross-assets reviews to identify UMIR violations; compile evidence and analyze trading.
• Review Listed Issuer Press Releases for materiality and compliance with rules.
• Decide when to halt trading to ensure fair dissemination of news.
• Monitor trading activity to ensure dealer compliance with UMIR using real-time systems.
• Analyze trading patterns to identify breaches and insider trading.
• Assist marketplaces with market quality issues and develop new detection tools.
• Stay updated on industry trends through education sessions and seminars.

Skills

Trading/compliance experience

Derivatives knowledge

Education

Post-secondary degree

Canadian Securities and Trader Training

Derivatives Fundamentals course

Job description

As a self-regulatory organization, the Canadian Investment Regulatory Organization (CIRO) is committed to setting high regulatory standards for the investment industry, safeguarding investors, and supporting the integrity of Canada's capital markets. Join a growing team and contribute to the dynamic and complex world of Canadian capital markets.

The Surveillance Officer provides real-time market surveillance in order to ensure the market integrity of the Canadian marketplace; and executes the timely disclosure policies of Canadian exchanges to ensure all investors are trading with equal access to information.

Core Responsibilities

• Communicate daily with dealers, issuers and marketplaces on a variety of topics that include market manipulation reviews, issuer timely disclosure, marketplace disruption,
• Serve as a backup for conducting cross-assets (Equities, Derivatives, Bonds) to identify potential violations of UMIR or Canadian securities laws. This includes compiling relevant evidence and performing detailed trading analysis.
• Immediate review of Listed Issuer Press Releases to assess materiality, balance and appropriateness in light of relevant exchange rules and securities legislation
• Decide when it is necessary to halt trading to ensure full & fair dissemination of news.
• Monitor trading activity to ensure dealer compliance with Universal Market Integrity Rules (UMIR) using real-time surveillance systems as well as analysis of historical activity.
• Analyze trading patterns to identify breaches of the trading rules, including illegal insider trading.
• Assist marketplaces with certain market quality issues
• Provide assistance in developing new detection tools and responding to evolving trading patterns and exchange facilities.
• Stay up to date on industry trends through education sessions and industry seminars

Key Skills and Competencies

Must-haves

• Post-secondary degree
• 5/10 years of trading/compliance experience
• Strong expertise in derivatives and comprehensive knowledge of their trading practices.
• Completion of the Canadian Securities and Trader Training courses
• Completion of the Derivatives Fundamentals course would be an asset

Nice to Haves

• In depth knowledge and understanding of UMIR, and marketplace rules
• Deep understanding of the securities industry, and trading practices
• Familiarity with various asset classes (derivatives, fixed income, repos and FX) would be an asset
• Must Have confidence and experience working with large data sets, using business tools,
• Thorough understanding of CIRO policies and procedures in order to ensure market integrity of the Canadian marketplace
• Strong interpersonal and communication skills
• Ability to work under pressure
• Excellent organizational and analytical skills
• Knowledge of Securities Legislation
• Good understanding of the various departments in CIRO to be able to efficiently source information and advice
• Ability to work independently and in a team environment
• Detail oriented
• Familiarity with market structure issues would be an asset

What we offer

• Competitive base salary in alignment with market
• Performance based bonus *
• Hybrid work environment
• Employer paid Health Benefits and Spending Account that offer flexibility to meet your individual or family needs as of day one
• Defined Contribution Pension Plan with company matching that starts on your first day of employment *
• Paid flex days and sick days *
• Vacation days
• Maternity Leave Of Absence/Paternity Leave Of Absence top up *
• Paid continuous learning and continuing development including designations

Why the Canadian Investment Regulatory Organization (CIRO)

Our purpose and our impact

With offices across Canada - from Vancouver to Montreal, our mission is to promote healthy capital markets by regulating fairly and effectively so that investors are protected and confident investing in their futures. As regulators, we understand that we are all investors, and therefore a career with us is a purposeful career: protecting our future.

Culture and Working Environment

Life at CIRO is purpose and performance- driven. We foster an inclusive culture where teamwork, a forward-thinking attitude, and integrity are at the core of everything we do. This creates an environment where employees thrive, grow, and are empowered to learn and contribute their best.

Joining CIRO means becoming part of a dynamic and transparent organization that values accountability and is committed to maintaining the highest standards of regulatory oversight in the financial industry.

Looking for a career where you can safeguard the integrity of Canadian markets? Join CIRO and be part of the team that secures our financial future.

At CIRO, you'll be part of an organization driven by Pride in Excellence, a strong Focus on Well-being, and A Shared Purpose that connects our people to meaningful work. We're committed to fostering an inclusive, supportive environment where you can grow and make an impact. Learn more about what it's like to build your career at CIRO by exploring our Careers page: https://www.ciro.ca/about-ciro/careers

Our Commitment

CIRO is an equal opportunity employer and is committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act, 2005 (AODA). CIRO will provide accommodation to job applicants with disabilities throughout the recruitment process. Should you require accommodation, please contact Human Resources.

We are committed to creating an inclusive and barrier-free recruitment and selection process across Canada. We welcome applications from all qualified individuals and are dedicated to providing accommodations upon request for candidates participating in all aspects of the recruitment process, in accordance with applicable human rights and accessibility legislation.

Our Recruitment Process

• This posting reflects an active vacancy on our team
• We use automated (AI) tools to assist with candidate sourcing and communications. Applications are reviewed by our hiring team and hiring decisions are made by people.
• This role has a hiring range of $85,000 - $95,000 with the placement and offered salary being based on knowledge, skills, education/training and experience, as well as external market conditions and internal equity.