Compliance Surveillance Associate

Role Overview

The Compliance team is responsible for proactively engaging with the business to provide clear advice and support to:

• Ensure the group continues to meet all applicable regulatory requirements.
• Protect the group and its staff from regulatory sanction.
• Maintain its reputation as an IDB which acts with honesty, integrity, respect, and excellence.

The role sits within the TP ICAP Belfast office, primarily responsible for the ‘level one’ review of alerts triggered from the firm’s surveillance systems, covering global trading and communications activity across the TP ICAP Group. The Surveillance Associate will work closely with the wider Surveillance team and management to ensure timely execution of surveillance tasks, including undertaking daily and other periodic surveillance tasks, proactively investigating as necessary, and escalating matters in line with established procedures.

TP ICAP is committed to keeping up with technological progress, providing opportunities for those skilled in Artificial Intelligence and data science. While proficiency in AI and data science is not a prerequisite, there exists a chance for an applicant to merge these fields with a future in Market Surveillance.

• Conduct ‘level one’ assessment of alerts triggered from TP ICAP’s trade/order and surveillance systems.
• Conduct ‘level one’ assessment of alerts triggered from TP ICAP’s communications surveillance systems.
• SME knowledge of E-communication alert handling and administration including contributing to lexicon reviews and testing, policy set-up etc.
• SME knowledge of the products, trading methods and regulations associated with a particular asset class as defined by the Surveillance Senior Manager.
• Developing knowledge of the products, trading methods and regulations associated with at least one other asset class outside of the main area of focus.
• Performing an initial investigation on escalations, closing where possible or escalating further within the surveillance team where necessary.
• Pro-actively making recommendations on the tuning of alerts within the surveillance systems.
• Alert governance responsibilities including project work around parameter reviews and refinement of alerts.
• Assisting in post trade monitoring of compliance with relevant Exchange rules.
• Independently gathering the required information and compiling responses to Requests for Information from exchanges and regulators.
• Liaising with front‑office staff and wider Compliance colleagues/stakeholders in relation to on‑going investigations, RFI’s etc.
• Performing ad hoc work/investigations and producing reports as required, ensuring adequate documentation of this work in internal logs.
• Performing Surveillance controls as per Compliance controls framework.
• Remaining informed of changes to the regulatory environment.
• Advanced report writing and soft skills, including clear communication with stakeholders.
• Supporting the training and development of new‑joiners to the team.
• Performing the QA of Trade/Order alerts handled by Analysts in the team.

Essential

• Previous practical experience gained in a monitoring/surveillance function within a financial services firm.
• SME level knowledge of financial products within Commodities/Interest Rates/Fixed Income/Equities asset classes.
• Understanding of market abuse and the risks associated with it.
• Knowledge of relevant Exchange rules.
• Experience of conducting market abuse investigations.
• Experience of training/mentoring junior staff.
• Skilled in Microsoft applications software (Word, Excel, PowerPoint, Outlook etc.).
• Excellent communication and interpersonal skills.
• Ability to work under pressure, responding to urgent queries accurately and effectively.
• Flexibility to take on other team roles as the workload demands.
• Sets own goals and targets which improve upon previous performance and constantly strive to exceed existing quality and service standards.

Desired

• Experience of working in a broking / trading capacity.
• Experience of the Global Relay/Scila alerting tools.
• Experience in lexicon/alert refinement.
• Exposure to Artificial Intelligence, data analytics or data science-related skills.

• Professional / 5

UK
- City Quays
- Belfast