Surveillance Officer

Core Responsibilities

• Communicate daily with dealers, issuers and marketplaces on a variety of topics that include market manipulation reviews, issuer timely disclosure, marketplace disruption,
• Serve as a backup for conducting cross-assets (Equities, Derivatives, Bonds) to identify potential violations of UMIR or Canadian securities laws. This includes compiling relevant evidence and performing detailed trading analysis.
• Immediate review of Listed Issuer Press Releases to assess materiality, balance and appropriateness in light of relevant exchange rules and securities legislation
• Decide when it is necessary to halt trading to ensure full & fair dissemination of news.
• Monitor trading activity to ensure dealer compliance with Universal Market Integrity Rules (UMIR) using real-time surveillance systems as well as analysis of historical activity.
• Analyze trading patterns to identify breaches of the trading rules, including illegal insider trading.
• Assist marketplaces with certain market quality issues
• Provide assistance in developing new detection tools and responding to evolving trading patterns and exchange facilities.
• Stay up to date on industry trends through education sessions and industry seminars

• Post‑secondary degree
• 5/10 years of trading/compliance experience
• Strong expertise in derivatives and comprehensive knowledge of their trading practices.
• Completion of the Canadian Securities and Trader Training courses
• Completion of the Derivatives Fundamentals course would be an asset

• In depth knowledge and understanding of UMIR, and marketplace rules
• Deep understanding of the securities industry, and trading practices
• Familiarity with various asset classes (derivatives, fixed income, repos and FX) would be an asset
• Must Have confidence and experience working with large data sets, using business tools,
• Thorough understanding of CIRO policies and procedures in order to ensure market integrity of the Canadian marketplace
• Strong interpersonal and communication skills
• Ability to work under pressure
• Excellent organizational and analytical skills
• Knowledge of Securities Legislation
• Good understanding of the various departments in CIRO to be able to efficiently source information and advice
• Ability to work independently and in a team environment
• Detail oriented
• Familiarity with market structure issues would be an asset

• Competitive base salary in alignment with market ($85,000 - $95,000)
• Performance based bonus *
• Hybrid work environment
• Employer paid Health Benefits and Spending Account that offer flexibility to meet your individual or family needs as of day one
• Defined Contribution Pension Plan with company matching that starts on your first day of employment *
• Paid flex days and sick days *
• Vacation days
• Maternity Leave Of Absence/Paternity Leave Of Absence top up *
• Paid continuous learning and continuing development including designations

CIRO is an equal opportunity employer and is committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act, 2005 (AODA). CIRO will provide accommodation to job applicants with disabilities throughout the recruitment process. Should you require accommodation, please contact Human Resources.

We are committed to creating an inclusive and barrier‑free recruitment and selection process across Canada. We welcome applications from all qualified individuals and are dedicated to providing accommodations upon request for candidates participating in all aspects of the recruitment process, in accordance with applicable human rights and accessibility legislation.