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Market Surveillance Analyst; Investments

Job in Bath, Somerset County, BA1, England, UK
Listing for: Wipro Technologies
Full Time position
Listed on 2026-07-16
Job specializations:
  • Finance & Banking
    Financial Compliance, Risk Manager/Analyst, Financial Reporting, Financial Analyst
Salary/Wage Range or Industry Benchmark: 55000 - 75000 GBP Yearly GBP 55000.00 75000.00 YEAR
Job Description & How to Apply Below
Position: Market Surveillance Analyst (Investments)

Market Surveillance Analyst (Investments)

Location:

Bath, Somerset, UK

Role Purpose

This new role establishes the Line 1.5 Investment Administration Risk & Controls function, acting as the operational and analytical bridge between Investment Administration (1

LOD) and Compliance (2

LOD). The role manages market surveillance, daily controls, reconciliations oversight, reporting, and analytics to ensure all relevant controls are executed before escalation.

Line 1, Line 1.5, and 2

LOD Responsibilities

Line 1.5 owns the execution, first‑level review, and documentation of IA and surveillance controls;
Line 1 owns operational processing; and 2

LOD
provides independent oversight and challenge. This role ensures timely analysis, triage, and escalation, providing structured challenge and insight across IA, Trading Support, Technology, Clients, and Risk functions.

Key Responsibilities
  • Market Surveillance, Controls Operation & Daily Oversight
    • Execute and document the daily market‑surveillance control suite (price moves, DTV anomalies, news adjacency, peer alignment, liquidity shifts).
    • Perform first‑level analysis of surveillance alerts, investigate exceptions, and raise issues promptly when thresholds or patterns indicate concern.
    • Identify behaviours, anomalies, or themes requiring 2

      LOD or senior‑management escalation.
  • Reconciliation Oversight
    • Oversee all 2‑way and 3‑way reconciliations across positions, pricing, market data, and broker/internal feeds, consolidating break analysis into a single oversight process.
    • Conduct root‑cause analysis for breaks, challenge IA teams, and ensure appropriate escalation and closure.
  • Reporting, Analytics & Monthly Look‑Back Reviews
    • Produce daily IA control MI, reconciliation oversight MI, and market‑surveillance analytics.
    • Lead monthly thematic look‑backs across price behaviours, reconciliation trends, liquidity events, or news‑driven patterns.
    • Maintain dashboards for IA governance, 2

      LOD reporting, JRCC, COWG, Board Packs, and Quarterly Compliance MI.
  • Investment Administration & Market Operations Expertise
    • Interpret market events affecting IA (corporate actions, liquidity events, price volatility) and support decision‑making with data‑based insights.
    • Provide analytical challenge to IA and Trading Support to strengthen operational execution and reduce control failures.
  • Risk Management & Governance
    • Maintain the IA risk register and control inventory, ensuring clarity of ownership and control frequency.
    • Identify gaps and drive automation or enhancement of IA controls and data quality.
    • Ensure clear, timely MI and commentary for 2

      LOD oversight, senior governance, and client reporting.
  • Stakeholder Engagement
    • Act as the central coordinating point between IA, Compliance, Technology, Clients, Vendors, and Risk.
    • Communicate issues, insights, and trends clearly and constructively to stakeholders.
  • Required Skills & Experience
    • Strong knowledge of IA, market operations, and UK MAR surveillance indicators.
    • Experience with control operation, reconciliations, and market‑data analysis.
    • Strong analytical skills (Excel, modelling, market data) and ability to produce clear MI and challenge.
    • Excellent communication and the ability to constructively challenge internal and external stakeholders.
    Qualifications
    • Degree in Finance, Economics, Risk, or related discipline (preferred).
    • Professional certifications desirable (CISI IOC, IMC, surveillance/compliance modules).
    • 3–5+ years in IA, surveillance, risk, trading support, or middle office.
    Success Measures (First 6–12 Months)
    • Effective, timely execution and documentation of daily market surveillance controls.
    • Strong oversight of reconciliations, with improved turnaround and reduced breaks.
    • Embedded monthly look‑back reporting with actionable insights.
    • Clear definition of Line 1 vs 1.5 vs 2

      LOD responsibilities.
    • Improved control environment, reduced breaches, and strong audit outcomes.
    Equal Opportunities

    Servaada is committed to diversity, equality, and inclusion in the workplace. All applicants welcome.

    We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, caste, creed, religion, gender, marital status, age, ethnic and national origin, gender identity, gender expression, sexual orientation, political orientation, disability status, protected veteran status, or any other characteristic protected by law.

    Wipro is committed to creating an accessible, supportive, and inclusive workplace. Reasonable accommodation will be provided to all applicants including persons with disabilities, throughout the recruitment and selection process. Accommodations must be communicated in advance of the application, where possible, and will be reviewed on an individual basis. Wipro provides equal opportunities to all and values diversity.

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