Trade Surveillance Analyst

Compliance Professionals; Greater London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Compliance Professionals in London is seeking a Trade Surveillance Analyst to monitor trading activity, identify suspicious patterns and support regulatory compliance.

You will work closely with Compliance and IT to refine surveillance tools, review alerts, and document investigations, with exposure to FCA and ESMA requirements.

Qualifications

• Experience in a similar Trade Surveillance role.
• Excellent understanding of Market Abuse, AML and Financial Crime regulations.
• Upholds and promotes high ethical and compliance standards including integrity and fair dealing.
• Knowledge of Fidessa and Steeleye would be advantageous.

Responsibilities

• Continuously monitor real-time and historical trading data to detect unusual or suspicious trading patterns.
• Use surveillance systems and analytical tools to identify potential cases of market abuse, such as insider trading, spoofing, front-running, wash trades, and other manipulative practices.
• Analyse large volumes of trade data to identify trends, patterns, and potential anomalies that could indicate market abuse.
• Develop and utilise statistical models and algorithms to assess the probability of market abuse.
• Investigate alerts generated by surveillance systems to determine if there is sufficient evidence of market abuse.
• Document investigation findings and prepare detailed reports for internal stakeholders or regulatory authorities.
• Escalate confirmed cases of market abuse to compliance or legal teams, providing supporting evidence and analysis.
• Work closely with compliance and legal departments to ensure that surveillance activities comply with regulatory requirements.

Skills

Attention to detail

Analytical mindset

Tools

Excel

PowerPoint

Word

Fidessa

Steeleye

Job description

We have been instructed by our client, a boutique investment bank, who are looking to hire a Trade Surveillance Analyst. The ideal candidate will possess a strong understanding of financial markets, regulations, and trading practices.

THE RESPONSIBILITIES:

• Continuously monitor real-time and historical trading data to detect unusual or suspicious trading patterns.
• Use surveillance systems and analytical tools to identify potential cases of market abuse, such as insider trading, spoofing, front-running, wash trades, and other manipulative practices.
• Analyse large volumes of trade data to identify trends, patterns, and potential anomalies that could indicate market abuse.
• Develop and utilise statistical models and algorithms to assess the probability of market abuse.
• Investigate alerts generated by surveillance systems to determine if there is sufficient evidence of market abuse.
• Document investigation findings and prepare detailed reports for internal stakeholders or regulatory authorities.
• Escalate confirmed cases of market abuse to compliance or legal teams, providing supporting evidence and analysis.
• Work closely with compliance and legal departments to ensure that surveillance activities comply with regulatory requirements.
• Assist with internal investigations and regulatory inquiries, providing necessary information and context.
• Stay informed about regulatory developments and changes in market abuse laws and regulations, such as those from the SEC, FINRA, FCA, ESMA, etc.
• Ensure that surveillance activities align with current regulations and industry best practices.
• Collaborate with IT and technology teams to develop, implement, and maintain trade surveillance systems and tools.
• Provide feedback on system performance and suggest improvements to enhance surveillance capabilities.
• Train and mentor junior team members in trade surveillance techniques, tools, and regulatory requirements.
• Participate in training sessions and industry conferences to stay updated on best practices and emerging trends.
• Maintain thorough records of surveillance activities, investigations, and outcomes.
• Ensure compliance with record-keeping requirements set by regulatory bodies.
• Providing general compliance support to the senior compliance officer responsible for Investment Banking
• Monitoring information barriers between public and private sides of the business
• Carry out conflicts checks and maintain the firms grey/restricted lists
• Provide compliance inductions/training to new joiners
• Maintain evidence, logs and audit trails for decisions, approvals, escalations and monitoring activities
• Providing client take-on oversight and support

EXPERIENCE REQUIRED:

• Ideal candidate would have experience in a similar Trade Surveillance role
• Knowledge of Fidessa and Steeleye would be advantageous
• Excellent Excel, PowerPoint and Word Skills.
• Excellent understanding of relevant policies and regulations, particularly relating to Market Abuse, Anti-Money Laundering and Financial Crime.
• Upholds and promotes high ethical and compliance standards including integrity, honesty and fair dealing.