Surveillance Analyst

Our Compliance team are looking for a Surveillance Analyst to join their team in Europe. The role is positioned at the crossroads of regulation and markets, where you'd participate in the full lifecycle of review - from building to calibration - from detection to escalation.

Role responsibilities

• Monitor and review automated trade and electronic communications surveillance alerts across the firm's global trading activity, covering on-exchange and OTC markets across equities, fixed income, commodities, FX, futures, and options, initially with focus on Europe (including the UK).
• Configuration of existing alerts for new activity or to improve on existing studies.
• Document investigation findings clearly and concisely, maintaining a robust audit trail to regulatory standards.
• Escalate suspected breaches to senior compliance staff, and support market abuse related inquiries from Exchanges, DEA Providers, and Regulators.
• Analyse alert performance data and recommend calibration adjustments to improve detection quality and reduce noise.
• Contribute to the design, development, and testing of new surveillance scenarios and detection models in response to evolving trading strategies, new products, or regulatory guidance.
• Perform user acceptance testing (UAT) for surveillance system enhancements, new alert configurations, and platform upgrades.
• Draft and maintain Business Requirement Documents (BRDs) for new or modified surveillance studies.
• Use SQL, Python, and data visualisation tools to extract, analyse, and interpret large trade and market datasets to support investigations, thematic reviews, and surveillance programme enhancements.
• Identify opportunities to automate manual surveillance workflows and reporting processes.
• Maintain a strong working knowledge of the EU and UK Market Abuse Regulation.
• Contribute to the maintenance and review of relevant compliance policies and procedures including the annual review of EU/UK automated trading.
• Administer the Personal Account (PA) Dealing framework, including employee support, alert review, policy adherence monitoring, and management of the annual attestation process.
• Provide regular Management Information on Surveillance to the relevant Boards of Directors.
• Contribute to ad-hoc projects and general support of the Compliance function including trader registrations with Exchanges and reviewing trade data of new activity.

Required

• Minimum of a Bachelors degree in Finance, Economics and/or STEM field.
• Minimum 3 years' experience in Market Abuse surveillance.
• Proficiency in SQL for querying and analysing large datasets.
• Working knowledge of Python & SQL
• Advanced Microsoft Excel skills
• Excellent English written and verbal communication skills; ability to document investigations and present findings clearly to senior stakeholders and regulators.

Bonus experience

• Experience of using automation to improve processes including AI.
• Knowledge and experience of prop-trading firms.
• Experience of using electronic communication monitoring systems.