Senior Surveillance Compliance Officer - Fixed Income, Swaps & OTC Derivatives

Marex Group; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Surveillance Compliance Officer to join their dynamic team in London. This pivotal role focuses on enhancing surveillance across Fixed Income and OTC markets, while transitioning to an automated solution. The ideal candidate will leverage their extensive experience in compliance and surveillance, ensuring adherence to regulatory standards and fostering a collaborative team environment. Join a forward-thinking firm that values integrity, respect, and adaptability, and be part of a team that shapes the future of market compliance. This is a fantastic opportunity for those looking to make a significant impact in a fast-paced financial services setting.

Qualifications

• 7+ years in fixed income or OTC Surveillance roles.
• Strong knowledge of surveillance regulations and tools.
• Experience in regulated environments.

Responsibilities

• Lead OTC/FI manual surveillance implementation.
• Manage transition to Nasdaq SMARTS.
• Conduct Trade Reconstruction reviews.

Skills

Surveillance knowledge

Stakeholder management

Communication skills

Risk and compliance knowledge

Team leadership

Education

Degree in a related subject

Tools

Global Relay

Nasdaq SMARTS

Job description

London, GB Full-Time Compliance

About Marex

Marex Group plc is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. It listed on Nasdaq Global Select Market in April 2024. With more than 35 offices in Europe, US and APAC, it has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics.

Marex Financial Ltd are searching for Senior Surveillance Compliance officer to join their team in London. The role focusses on Surveillance (Trade and Comms) across the Fixed Income, Swaps and OTC space; with an opportunity to gain exposure to a wider range of compliance activities at a market-leading commodity broking company. The successful candidate will manage the manual OTC coverage, the Trade Reconstruction and lead on the Fixed Income / OTC transition onto an automated surveillance solution (Nasdaq SMARTS).

Responsibilities

1. Lead on OTC / Fixed Income manual surveillance implementation / enhancement.
2. Manage the transition from these current tactical controls to Nasdaq SMARTS.
3. Escalate any suspicious activity findings to management and report to regulators.
4. Participate in thematic reviews and the annual MARA process, factoring these findings into enhancing the OTC / Fixed Income control framework.
5. Conduct Trade Reconstruction reviews of Fixed Income / OTC activity, using Global Relay, Audio platforms and various Marex data sources.
6. Ensure compliance with the company’s regulatory requirements under the FCA, NFA, AMF, AFM, MAS and any other relevant regulatory body.
7. Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
8. Act as a role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.
9. Comply with the FCA’s Code of Conduct and Marex’s Code of Conduct.
10. Be fully aware of and adhere to internal policies that relate to your role or any other activities for which you have any level of responsibility.
11. Report any breaches of policy to Compliance and/or your supervisor as required.
12. Escalate risk events immediately.
13. Provide input to risk management processes, as required.
14. Be a collaborative team player, approachable, self-efficient and influence a positive work environment.
15. Be resilient in a challenging, fast-paced environment.
16. Take a high level of responsibility in a fast pace and high-volume environment.
17. Excel at building relationships, networking and influencing others.
18. Be a strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.

Skills and Experience

1. 7+ years of immediately transferable skills gained in a similar role within fixed income or in an OTC Surveillance SME/organisation.
2. Strong team player/leader, experience of dealing with a variety of stakeholders.
3. Strong Surveillance knowledge, including regulation, tools used (Global Relay, SMARTS Broker or similar surveillance tools is essential).
4. Knowledge of tactical/manual Surveillance and experience of implementing these controls in conjunction with transitioning to an automated surveillance solution.
5. Educated to degree level in a related subject would be beneficial, but not essential.
6. Excellent verbal and written communication skills.
7. Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

Conduct Rules

You must:

1. Act with integrity.
2. Act with due skill, care and diligence.
3. Be open and cooperative with the FCA, the PRA and other regulators.
4. Pay due regard to the interests of customers and treat them fairly.
5. Observe proper standard of market conduct.

Company Values

Acting as a role model for the values of the Company:

Respect – Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly.

Integrity
– Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do – our clients expect this and we demand it of ourselves.

Collaborative
– We work in teams – open and direct communication and the willingness to work hard and collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do.

Developing our People
– Our people are the basis of our competitive advantage. We look to “grow our own” and make Marex the place ambitious, hardworking, talented people choose to build their careers.

Adaptable and Nimble
– Our size and flexibility is an advantage. We are big enough to support our client’s various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.

*candidates outside of the indicated range will also be considered

Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.