- Assist the Trade Surveillance Manager (Pillar 1) in trade surveillance reviews, investigations, and reporting.
- Take responsibility for specific trade surveillance alerts as part of the global monitoring on a T+1 basis of all clients’ trading activity in line with the agreed monitoring procedures, as amended from time to time.
- Advise of refinements to existing Trade Surveillance report, according to industry best practice and regulatory guidance.
- Identifying, investigating and reporting clients to the Trade Surveillance Manager (Pillar 1) and/or Head of Department, whose individual trades and/or trading style is suspicious and potentially illegal, in breach of CMC Markets’ TOBs or would impact negatively on CMC Markets’ overall revenue.
- Reporting Filing Suspicious Transaction and Order Reports (STORs) and/or Suspicious Activity Reports (SARs) to the FCA and NCA within the timelines agreed with by Trade Surveillance Manager (Pillar 1) and/or Head of Department
- Handling all follow up enquiries and new information requests from the FCA regarding trading activity.
- Responsible for the review and updating of Trade Surveillance procedure documentation as requested.
- Helping to identify new ways clients can take advantage of our platform and helping to establish new controls to stop this from happening.
- Assisting with other areas of Trade Surveillance, Financial Crime and Compliance as required.
- Dealing with ad hoc queries from the business and other control functions.
- Maintain personal/professional development to meet the changing demands of the role, including all relevant regulatory and legislative training, internal and/or external.
- When dealing with all customers, clients or colleagues ensure that we provide a clear, fair and consistent high-quality service that presents a professional and positive image of CMC Markets
- Take all reasonable steps to ensure appropriate confidentiality
- Undertake such other duties, training and/or hours of work as may be reasonably required, and which are consistent with the general level of responsibility of this role
KEY SKILLS AND EXPERIENCE
- A good understanding and knowledge of financial markets and CMC Markets’ products
- Accuracy and clarity when reporting or responding to regulators
- Excellent attention to detail
- Excellent numeracy skills
- Ability to make quick decisions and prioritise workload
- Strong ability to communicate and build rapport with other departments
- Adaptable and resilient in the face of changing priorities
- Willingness to show initiative and move the department forward
- Previous Trade Surveillance experience preferred
- Previous experience of using Trade Surveillance systems beneficial
CMC Markets is powered by our people. We are an equal opportunities employer and are committed to creating a diverse and inclusive workplace, where our people feel confident to be themselves, feel valued and are able to do their best work. We don’t just value differences and unique perspectives, we seek them out and we invite them in, because we know it will lead to better outcomes for everyone
