My client, a tier 1 investment bank, is looking for someone to join their FICC Trade Surveillance team as an FCC Trade Surveillance Officer. The scope of the role will be focused on the MAR related objectives but as these are delivered the scope will widen to include other strategic and forward-looking trade surveillance initiatives.
The key responsibilities of the role will be:
- Assist in the execution of regular and fundamental reviews of the FICC division's trade surveillance processes and procedures and implement changes where necessary;
- Help to drive the firm's EMEA trade surveillance change program covering:
- Implementation of a Logical Process Plan to minimise data leakage in accordance with the firm's MAR capability assessment
- Ensure framework contains and controls FICC market data to optimise the surveillance process;
- Ensure that the data reporting process is optimised for MI and regulatory purposes
- Monitor current technology developments in trade surveillance and promote best practice initiatives.
- Monitor potential market abuse cases to provide advice and guidance on best practice as well as highlighting issues for policy or procedural change
- Review of all current surveillance policies to ensure that they meet the standard of the regulator and are consistent with global policy
Crucial requirments for the role are:
- Knowledge of MAR, MIFID2
- Knowledge of SMARTS, Actimize and alternative surveillance systems (e.g. KX, TradingHub or similar) - to include model logic and detailed data requirements
- Programming and data management skills in order to carry out detailed analysis of model logic, calibration par ameters and ad-hoc data projects (VBA, SQL, Python etc.)
- Experience of building out a new test
- Knowledge of FICC/Equities Markets
- Excellent written and verbal communication
- High level of Relationship management skills
- Excellent communication skills
The salary is very competitive with a yearly discretionary bonus.
If this seems of interest to you then feel free to reach out to me to discuss this role further.