Job Description
:
The Trade Surveillance Specialist is primarily accountable for conducting ?Market Conduct Trade Surveillances" which begin with computerized analyses of activities that trigger alerts requiring additional review to determine whether the activity was in violation of a law, rule, regulation, policy or procedure requirement related to one or more Market Conduct Risk Behaviors.
Key Responsibilities:
The Trade Surveillance analyst is accountable for
1. Analyzing and dispositioning surveillance alerts working with Global Compliance & Operational Risk (GCOR) and Global Markets teams
2. Ensure a thorough, consistent review and disposition or prompt escalation of daily alerts
3. Prepare a comprehensive analysis/report of issues which will stand up to scrutiny by internal management and the regulators
4. Work with data, modeling and GCOR teams to review and facilitate tuning of surveillance parameters
5. Work with GCOR to identify and describe new surveillance requirements and develop associated functional specifications and testing scripts, as necessary
6. Test the integrity of system controls and surveillance reports by participating in testing programs and validating test results
7. Participate in periodic risk assessments and development of controls
8. Partner with GCOR, data and modeling teams to develop procedures and training
9. Participate in development of or enhancement of tools to track repeat offenders and identify patterns of problematic activity across businesses, products and regions
The successful candidate will have intermediate level Trade Surveillance experience gained in a complex, global financial institution, with strong technical knowledge of compliance regulations and of the equity, fixed income, commodities, FX and derivatives markets. You will have strong analytical, organizational and writing skills with detail-oriented mindset and knowledge of surveillance systems / methodologies. Experience or knowledge of trading and market structure in any asset class is a plus.
Required Qualifications and Experience:
10. Minimum 3 years' experience in a role related to global markets compliance and regulations or in trading front office / middle office with working understanding of trading business areas, systems and products
11. Experience working in Capital Markets and product knowledge in at least one asset class (Equities, Foreign Exchange, Fixed Income, Commodities, Futures, Options) is necessary
12. Experience using surveillance tools such as Actimize and/or Smarts Surveillance platforms is useful
Skills and Competencies:
13. Regulatory Acumen - understanding of market manipulation behaviors, trade surveillance and associated rules, laws, and regulations that address market misconduct
14. Business Acumen - understanding of Fixed Income and Equities trading products and associated trading mechanisms and market structures
15. Risk Skills - inquisitive and proactive in identifying risks and proposing solutions
16. Technical Analysis Skills - strong analytical and problem solving skills and ability to analyze trading data using simple data analysis tools along with the ability to exercise sound and balanced judgment
17. Effective interpersonal, written and communication skills
18. Highest attention to detail.
Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.
BY APPLYING FOR THIS ROLE YOU ARE AGREEING TO OUR TERMS OF SERVICE WHICH TOGETHER WITH OUR PRIVACY STATEMENT GOVERN YOUR USE OF MORGAN MCKINLEY SERVICES.
Apply Now