Trade Surveillance Engineer

Market Surveillance Specialist

This role is crucial in safeguarding market integrity, reducing risk, and ensuring adherence to regulatory standards.

Responsibilities include:

• Develop and maintain surveillance systems:
  Design and deploy tools for monitoring trading behavior. Ensure systems meet regulatory requirements (e.g., MAR, MiFID II, Dodd-Frank). Customize surveillance tools to fit the specific trading strategies and markets.
• Alert monitoring and analysis:
  Create rules and models that detect anomalies (e.g., spoofing, layering, insider trading). Optimize alert thresholds to reduce false positives and improve detection quality.
• Data management:
  Work with large datasets (trade data, order data, market data). Ensure data accuracy and availability for surveillance systems. Develop data pipelines to facilitate real-time analysis.
• System automation and optimization:
  Automate manual processes in trade surveillance to improve efficiency. Optimize existing systems for speed, scalability, and accuracy.
• Collaboration with compliance and IT teams:
  Work closely with compliance teams to understand regulatory needs and business risks. Collaborate with IT to ensure systems are robust, secure, and up-to-date.
• Investigation and reporting:
  Analyze alerts and escalate potential violations to compliance. Document investigations and provide detailed reports.
• Stay current with regulations:
  Keep up-to-date with global financial regulations and trading laws. Ensure systems are updated in line with regulatory changes.
• Performance monitoring and testing:
  Monitor the performance of surveillance systems. Conduct regular testing and validation to ensure systems are effective.

Skills and qualifications:

• Technical skills:
  Proficiency in programming (Python, Java, SQL), data analysis, and handling large datasets.
• Knowledge of financial markets:
  Understanding of trading practices, products, and market regulations.
• Analytical skills:
  Strong ability to analyze data and identify patterns.
• Regulatory knowledge:
  Awareness of regulations like MiFID II, MAR, SEC rules, etc.
• Problem-solving:
  Ability to address issues in surveillance systems and improve them.
• Communication skills:
  Effectively communicate findings with technical and non-technical teams.