Compliance Surveillance Manager

Based in London, a leading global investment bank are looking to hire experienced compliance professionals to join their surveillance function.

Key responsibilities in the Surveillance role will include:

• To develop and run the Governance and Controls division in accordance with its mandate and framework.
• To effectively manage Staff working under this division reporting line (currently 1)
• To perform the Annual Market Conduct Risk Assessment and support the delivery of the Financial Crime Risk Assessment performed by the Financial Crime Controls & Advisory Team.
• To perform ongoing assurance testing of Surveillance controls in line with an annual plan.
• To perform regular data governance controls to identify breaks and follow-up to resolve root cause issues in a timely manner.
• To assist with RTB and CTB project work ensuring controlled delivery of new controls into BAU.
• To develop and deliver training to team members and firm wide staff training on matters relevant to market conduct and financial crime.
• To carry out transaction surveillance in line with documented procedures.
• To carry out communications surveillance in line with documented procedures.
• Maintain complete and accurate records of alert dispositions, investigations and outcomes.
• To perform four eye review of surveillance alerts and manual monitoring tests
• To develop new tactical surveillance tests e.g. using Excel to fill coverage gaps ahead of strategic implementation.
• To represent Surveillance at various Bank forums, committees and working groups.
• To identify and escalate potential market misconduct or other suspicious activity.
• To maintain an up to date knowledge and understanding of market/financial affairs and Financial Crime and Market Conduct rules/regulation.
• To attend online and external trainings, conferences and industry forums on matters relating to Surveillance.
• To drafting and update policies, procedures and process manuals.
• To track and respond to internal reviews or actions proposed by internal risk teams e.g. Internal Audit, Operational Risk or Compliance Monitoring.
• To assist with investigations and requests for information from regulatory authorities and exchanges.
• To liaise and assist Business Compliance or Business conduct stakeholders on Surveillance matters.
• To assist in Business Continuity Planning (BCP) testing on-site/off-site where required.

A successful application to the Surveillance role will include:

• Experience manipulating, assessing and presenting data using Excel incl. macros/VBA.
• Experience of working in a regulated environment, ideally within an Investment Bank or Broker Dealer
• Experience working in a Market Abuse Surveillance team
• Experience working with market, client and firm static data

Knowledge, technical skills and expertise:

• Understanding of Financial Instruments and Regulated Markets
• Understanding of Commodity products and experience in Commodity market abuse monitoring
• Understanding of Investment Banking/Primary Markets transactions (e.g. DCM)
• Understanding of relevant Market Abuse laws, regulations and guidelines
• Understanding of Financial Crime rules, regulations and industry guidelines, including rules and regulations on anti-money laundering (e.g. the Joint Money Laundering Steering Group (JMLSG) guidance), counter-terrorism, anti-bribery and corruption, sanctions and fraud.
• Understanding of client onboarding processes
• Knowledge of FCA relevant Market Conduct rules
• IT skills including proficient level Microsoft Excel
• Strong numeracy skills with demonstrable skills in the compilation and manipulation of data
• Drafting skills – ability to draft to a high standard.