Market Conduct Surveillance Analyst

UBS; Hong Kong; On-site; HKD 900,000 - 1,500,000; Full time

Job summary

UBS is seeking a Senior Market Conduct Surveillance Analyst in Hong Kong to lead end-to-end surveillance across APAC (Investment Bank). You will independently analyze alerts and unusual trading activity, applying deep knowledge of Hong Kong securities regulation and execution processes.

You will engage with front office, control functions and regulators, contributing to regional initiatives and improvements.

Qualifications

• Proven hands-on experience in market conduct and/or trade surveillance within a financial institution or securities regulator.
• Strong hands-on experience with automated trade surveillance systems, including scenario design and system configuration.
• Deep knowledge of local securities regulations, especially HK regulations (SFO).
• Experience handling exchange-driven surveillance inquiries and regulatory referrals (SFC/HKEX).
• Solid understanding of cash equities, execution processes and trade lifecycle.

Responsibilities

• Perform end‑to‑end trade surveillance across APAC IB businesses.
• Analyze alerts, exceptions and suspicious trading activity with independent conclusions.
• Apply HK regulatory knowledge to daily surveillance tasks and strategic initiatives.
• Support surveillance leadership with independent analysis and risk assessments.
• Engage with front‑office, control functions and regional partners on escalations.
• Represent surveillance in interactions with regulators and exchange teams.
• Collaborate within APAC Market Conduct Surveillance for training and knowledge sharing.
• Drive process improvements and contribute to automation and optimization projects.

Skills

Market Conduct

Trade Surveillance

Regulatory knowledge

Analysis

Communication

Tools

Surveillance systems

Securities regulations

Job description

Key Responsibilities

Are you familiar with Market Conduct? Are you good at handling and interpreting large data sets? Are you analytical and enjoy investigating financial transactions, understanding trading strategies and making sense of the unusual trading activity?

Job Type

Full Time

Job Reference #

340134BR

City

Hong Kong SAR

Key Responsibilities

Are you familiar with Market Conduct? Are you good at handling and interpreting large data sets? Are you analytical and enjoy investigating financial transactions, understanding trading strategies and making sense of the unusual trading activity?

We are seeking a senior Market Conduct Surveillance Analyst with deep practitioner experience, capable of operating with a high degree of independence while remaining fully embedded within an integrated regional surveillance framework. In this role, you will:

• Perform end‑to‑end trade surveillance activities across the Investment Bank (IB) businesses across APAC.
• Independently analyze alerts, exceptions and instances of potentially unusual or suspicious trading activity generated by surveillance systems, forming well‑reasoned conclusions.
• Apply deep, practical knowledge of local securities regulations with a focus on the Hong Kong market (i.e. Securities and Futures Ordinance)
• Leverage a strong understanding of cash equities and related IB products, execution processes, trading strategies and the end‑to‑end trade lifecycle to support robust and defensible investigations.
• Support the Team Lead as the surveillance authority for HK‑local activity, exercising a high degree of independent analysis, judgment and decision‑making in risk assessments and outcomes.
• Engage directly with front‑office businesses, control functions and regional partners on escalations, inquiries and remediation actions, challenging where appropriate.
• Represent surveillance function in interactions with exchange surveillance teams and regulators, including responding to inquiries and managing follow‑ups as required.
• Collaborate closely with colleagues as part of an integrated APAC Market Conduct Surveillance team, actively participating in regional training and knowledge sharing initiatives to promote cross market consistency.
• Drive continuous process improvements and contribute to strategic initiatives, automation and optimization projects within the function.
• Build and maintain effective working relationships with senior management and key stakeholders across the first and second lines of defense across the region, establishing credibility as a trusted subject‑matter expert.

The team

You will be part of the APAC Market Conduct Surveillance team functionally, a second‑line function within Group Compliance and Operational Risk Control, supporting the firm in achieving its strategic, operational and regulatory objectives.

The role is based in Hong Kong and will have responsibility in handling regulatory matters (e.g. interaction with regulators, regulatory report filing), but the surveillance coverage will be on all APAC markets. In addition to day‑to‑day surveillance coverage, as the senior analyst, the role will play a key part in the wider MCS process improvement and strategic initiatives.

While operating with a high degree of independence in line with local regulatory requirements, the role is fully integrated within the broader APAC regional framework, providing exposure to regional governance, escalation practices and cross‑market regulatory expectations.

Your Skills And Experience

• Proven hands‑on experience in market conduct and/or trade surveillance within a financial institution or securities regulator.
• Strong hands‑on experience with automated trade surveillance systems, including scenario design and system configuration, with the ability to independently review, assess and dispose of alerts and to propose enhancements to surveillance coverage where appropriate.
• Strong knowledge of the general securities market regulations, particularly with the Hong Kong regulatory environment, and proven ability to interpret and apply the regulations to the day‑to‑day surveillance tasks as well as strategic initiatives.
• Demonstrated experience independently handling exchange‑driven surveillance inquiries and regulatory referrals from the SFC and HKEX, including analysis, response formulation and follow‑up.
• Solid understanding of execution processes for cash equities and related instruments, including order handling, execution workflows and post‑trade processes.
• Strong understanding of trading strategies, market behavior and the end‑to‑end trade lifecycle, enabling meaningful and well‑reasoned analysis of suspicious or unusual trading activity.
• Strong analytical mindset, with the ability to investigate issues in depth, identify root causes and reach sound, defensible conclusions.
• Excellent organizational, time‑management, documentation and problem‑solving skills, with a high level of attention to detail.
• Commitment to staying current on regulatory developments, internal policy changes and evolving market practices.
• Demonstrates people‑management skills, ability to communicate clearly, confidently and credibly with a broad range of stakeholders, including senior business and compliance stakeholders and regional partners.
• You’re curious to explore how AI can improve how we build, deliver, and optimize workflows. You do this with sound judgment – validating outputs and aligning with policies, risk standards, and ethical use.

About Us

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.

We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Want to find out more? Visit ubs.com/careers.

Join us

At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.

We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

Contact Details

UBS Business Solutions SA

UBS Recruiting

Disclaimer / Policy statements

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.