Borsa Italiana - Markets Supervision Analyst

Euronext; Milano; In loco; EUR 32.000 - 39.000; Tempo pieno

Descrizione del lavoro

Euronext Milan seeks a Market Surveillance Analyst to join the Market Services Operations team, focusing on real-time and ex-post supervision of trading venues, particularly derivatives, and ensuring compliance with MiFID II/MiFIR/MAR. The role is based in Milan and will support market participants while advancing surveillance tooling and AI-enabled monitoring.

The position involves working in an office environment with potential extended hours.

Competenze

• Strong interest in financial markets dynamics.
• Quantitative background with analytical capabilities.
• Familiarity with AI/machine learning applications and technologies.
• Operational understanding of trading venue rules and market microstructure is a plus.

Mansioni

• Real-time and ex-post supervision across Borsa Italiana markets, with a focus on derivatives.
• Monitor and investigate suspicious transactions (STOR, AML) and report to authorities.
• Support market participants and ensure compliance with trading venue rules and European regulation.

Conoscenze

Quantitative background

Analytical capabilities

AI/ML familiarity

Teamwork

Communication

Descrizione del lavoro

Manage secondary market trading on a trading venue and maintain reference data (financial / non-financial) or asset classes, including security master data and pricing data; assistance to market participants; managing special market situations; market surveillance activities; prospective and retrospective market monitoring on respective trading venues (making sure relevant regulation is applied)

We are looking for a Market Surveillance Analyst to join the Market Services Operations team.

The position will be based in Milan, and start as soon as possible CCNL Credito RAL starting from 35.600 + ticket restaurant Fixed Term

Key Accountabilities / Responsibilities

• Real-time and ex-post markets supervision across Borsa Italiana markets, with a focus on derivatives.
• Market interventions, handling of input errors, supervision of after-hours trading and management of member firms' requests
• Prospective and retrospective monitoring of compliance with trading venue rules, as well as with applicable national and European regulation
• Management of surveillance alerts, investigations and reporting of suspicious transactions (STOR, AML) to the competent authorities
• Real-time and ex-post monitoring of liquidity provision obligations
• Contribution to the delivery of high-quality internal and external customer service in trading surveillance of the markets organized and managed by Borsa Italiana
• Development and maintenance of algorithms and tools for real-time monitoring and retrospective surveillance
• Contribution to the design and testing of AI-based tools supporting identification and anlysis of suspicious trading patterns and the automation of routine surveillance tasks
• Work is performed in an office environment and may require extended working hours

Your Profile

• Proven ability to work effectively in a team
• Proven interest in financial markets dynamics
• Quantitative background and analytical capabilities
• Good verbal and written communication skills
• Familiarity with AI/machine learning applications and technologies
• Operational understanding of trading venue rulebooks and market microstructure, and sound knowledge of European regulation (MiFID II, MiFIR, MAR) will be considered a plus

Join a company where market infrastructure is built on innovation — and where every innovation starts with a bold mind asking, “What’s next?”. At Euronext, we believe change is a starting point, not an obstacle. We look for people who see growth opportunities, think long term, and want to help shape capital markets for future generations.

Working with us means:

• Being part of a European, international and diverse team – Collaborate across borders with talented colleagues connected by a shared ambition and purpose.
• Learning as you grow – Develop your skills through continuous learning, real responsibilities and flexible career paths that evolve with you.
• Having an impact – Contribute to projects that matter, in an agile and dynamic environment where your ideas help drive progress.
• Driving sustainability – Play an active role in building transparent, responsible and sustainable capital markets for the long term.
• Together, we don’t just support markets — we help shape their future.

The Market Services Operations team ensures the smooth, secure and efficient functioning of Euronext’s markets across seven locations. The department manages the full lifecycle of instrument reference data and issuer-related operations, delivering high quality support to members and partners while safeguarding the accuracy of market information. EMS defines and enforces harmonised trading rules, monitors trading sessions in real time, and operates the mechanisms that guarantee fair and orderly markets.

Join Euronext – Shape capital markets for future generations

Euronext is the leading European capital market covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. We operate seven national stock exchanges, handling 25% of European lit equity trading. Our products include equities, FX, ETFs, bonds, derivatives, commodities and indices. Euronext also provides clearing and settlement services through Euronext Clearing and our network of Euronext Securities CSDs.

In addition, Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. The company has a diverse domestic and international client base.

Find out more about us at: Euronext.com

We are proud to be an equal opportunity employer.

We do not discriminate against individuals on the basis of race, gender, age, citizenship, religion, sexual orientation, gender identity or expression, disability, or any other legally protected factor.

We value the unique talents of all our people, who come from diverse backgrounds with different personal experiences and points of view and we are committed to providing an environment of mutual respect.

Additional Information

This job description is only describing the main activities within a certain role and is not exhaustive. It does not prevent to add more tasks, projects.

Euronext is the leading European capital market covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody to solutions for issuers and investors. Euronext operates MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities central securities depositories (CSDs) in Denmark, Italy, Norway and Portugal. Euronext’s regulated exchanges in Belgium, France, Greece, Ireland, Italy, the Netherlands, Norway and Portugal host a broad range of listed issuers, a strong blue-chip franchise and the largest global center for debt and fund listings. With a diverse domestic and international client base, Euronext is a major venue for European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.

For the more information, please visit our career website.