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.