Surveillance Officer, Cross-Assets

CIRO; Montreal (administrative region); On-site; CAD 85,000 - 95,000; Full time

Benefits offered by this job

Hybrid work environment

Health benefits and spending account

Pension plan with company match

Paid flex days and sick days

Maternity/Paternity leave top up

Ongoing learning and designations

Job summary

CIRO, with offices across Canada including Montreal, seeks a market integrity professional to oversee trade surveillance and enforcement of UMIR rules across cross-asset trading. You will gather evidence, analyze trading activity, and collaborate with policy and analytics teams to detect and address violations.

Based in Canada, CIRO offers a hybrid work environment, strong health benefits, a defined contribution pension plan, and ongoing learning opportunities.

Qualifications

• Post-secondary degree or diploma in combination with lengthy industry experience.
• At least 2-3 years of trading, compliance, supervision experience or in a technology support role in a trading environment.
• Completion of the Canadian Securities, Trader Training and Derivatives Fundamentals courses.
• Completion of (or enrolment in) the Chartered Financial Analyst (“CFA”) designation an asset.
• Bilingual French/English is mandatory.

Responsibilities

• Conduct trade surveillance of cross-assets trading activity into alleged UMIR or Canadian Securities law violations, compiling relevant evidence and conducting trading analysis
• Monitor trading activity to ensure compliance with Universal Market Integrity Rules (UMIR) using trade surveillance systems as well as analysis of historical activity
• Analyze trading patterns to identify breaches of the trading rules, including illegal insider trading
• Assist 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
• Engage teams across functional areas, most notably market policy, analytics, trade review/analysis and other surveillance product mixes
• Develop and maintain cooperative relationships with other regulatory and investigative departments
• Contribute to the effectiveness of the Department in meeting its objectives and long-term strategies
• Provide coverage and assist other T+1 surveillance teams (Crypto, Equity, etc.)
• Perform deep analysis into reference data. Activities include but are not limited to gap analysis, discrepancy identification, pattern identification, and categorization verification

Skills

Derivatives trading

Market regulation

Trading systems

Data analysis

Communication

Analytical skills

Teamwork/independence

Crypto regulation

Programming

Bilingual (French/English)

Education

Post-secondary degree

Canadian Securities courses

Trader Training

Derivatives Fundamentals

CFA designation (asset)

Tools

Python

SQL

Jupyter notebooks

Job description

Description

The position is accountable for contributing to the market integrity through the provision of trade surveillance, detection, and referral of violations of UMIR market rules and policies.

Key Responsibilities:

• Conduct trade surveillance of cross-assets trading activity into alleged UMIR or Canadian Securities law violations, compiling relevant evidence and conducting trading analysis
• Monitor trading activity to ensure compliance with Universal Market Integrity Rules (UMIR) using trade surveillance systems as well as analysis of historical activity.
• Analyze trading patterns to identify breaches of the trading rules, including illegal insider trading.
• Assist 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
• Engage teams across functional areas, most notably market policy, analytics, trade review/analysis and other surveillance product mixes.
• Develop and maintain cooperative relationships with other regulatory and investigative departments
• Contribute to the effectiveness of the Department in meeting its objectives and long-term strategies
• Provide coverage and assist other T+1 surveillance teams (Crypto, Equity, etc.)
• Perform deep analysis into reference data. Activities include but are not limited to gap analysis, discrepancy identification, pattern identification, and categorization verification

Education/Experience:

• Post-secondary degree or diploma in combination with lengthy industry experience
• At least 2-3 years of trading, compliance, supervision experience or in a technology support role in a trading environment
• Completion of the Canadian Securities, Trader Training and Derivatives Fundamentals courses
• Completion of (or enrolment in) the Chartered Financial Analyst (“CFA”) designation an asset
• Bilingual French/English is mandatory

Key Skills and Competencies:

• Deep understanding of Derivatives and its trading practices
• Knowledge of market regulation trading rules and operations
• Knowledge of trading systems and Canadian market structure
• Must have confidence and experience working with large data sets, using business tools
• Strong interpersonal and communication skills
• Excellent organizational and analytical skills
• Ability to work independently and in a team environment
• Strong problem–solving skills and attention to detail
• Experience with crypto-assets trading and/or regulation would be an asset
• Exposure to programing (such as Python, Jupyter notebooks, SQL or others) 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 *
• Maternity Leave Of Absence/Paternity Leave Of Absence top up *
• Paid continuous learning and continuing development including designations

*Asterisked offerings are not applicable to contracts

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.

OurRecruitment 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.

While we appreciate receiving applications, only those applicants who closely meet the position requirements will be contacted.#LI-HYBRID#Hiring