Surveillance Manager/ Compliance Manager / Surveillance Analyst (Equity / Equities /Derivatives) recruitment
Title: Surveillance Manager/ Compliance Manager / Surveillance Analyst (Equity / Equities /Derivatives)
Location: London
Key Skills: Surveillance Manager/ Compliance Manager / Surveillance Analyst (Equity / Equities /Derivatives)
Company
An opportunity has arisen for a Surveillance Manager/ Compliance Manager / Surveillance Analyst (Equity / Equities /Derivatives) to work for a leading Financial Institution based in London.
Role
Surveillance Manager/ Compliance Manager / Surveillance Analyst (Equity / Equities /Derivatives) reports into the UK Regulation team but with responsibility for the day-to-day running of the Surveillance Function, covering both Equities and Equity derivatives.
Responsibilities for the Surveillance Manager/ Compliance Manager / Surveillance Analyst (Equity / Equities /Derivatives) will include but not be limited to:
• Management and day-to-day running of the Surveillance Team covering both Cash and Derivatives markets, using both Apama and Scila Surveillance Platforms;
• Making decisions on trading behavior highlighted from investigation or escalation from Surveillance Analysts (Mops team members working on Surveillance) as to whether the behaviour requires further investigation;
• Corresponding with the FSA and Member Firms regarding surveillance investigations and observed behaviour;
• Assisting in the management of the MOPs team in the absence of the Head of MOPs;
• Managing and calculating Corporate Action adjustments for Derivative Contracts;
• Investigating alerts and order book activity in real time, running T+1 reports on the database, and investigating company news releases to identify potential Insider Dealing;
• Developing investigations and observations of trading behaviour;
• Attending the FSA’s SPG (Surveillance Practitioners Group), discussing observed market behaviors and sharing ideas with the Group (UK based exchanges and MTFs);
• Presenting to Audit/FSA/Reg Committee/external bodies explaining how Surveillance works and presenting reports;
• Performing ad-hoc market replays for Sales/TAM (Technical Account Managers) to answer client queries around order book events;
• Project management of the Surveillance arms of projects i.e. the recent derivatives upgrade of Scila;
• Managing Market Data needs, maintaining the market data log spreadsheet which details what we use and how much it costs, liaising with vendors and exchanges;
• Developing new alert logic and liaising with development team for implementation.
Key Behaviours for the Surveillance Manager/ Compliance Manager / Surveillance Analyst (Equity / Equities /Derivatives)
• Encourages innovation and new ways of thinking;
• Projects personal credibility and expertise;
• Seeks input from colleagues, actively listens to their contribution; checks understanding;
• Written communications are well structured, persuasive, concise and based on fact;
• Puts project management methodologies in place e.g. schedule of work, progress reports etc;
• Deals with conflict successfully;
• Demonstrates the knowledge and expertise within their field to have credibility with their peers;
• Builds and maintains contacts at all levels;
• Manages expectations, maintains regular client contact to keep them informed;
• Ensures all activities have transparent plan with clear milestones and criteria for success;
• Demonstrates knowledge of external challenges, opportunities and threats facing LSEG;
• Identifies issues, designs solutions and evaluates commercial options;
• Prioritises according to business goals, manages conflicts to ensure delivery.
Candidate Profile / Key Skills
• Proven self-starter, can independently manage a business critical department of the company;
• In depth knowledge of Order book trading and relevant regulation (Market Abuse directive etc.);
• Experience managing a Surveillance team at an Exchange, MTF or Broker;
• Strong product knowledge;
• Good IT skills.