Complinet | Recruitment

Complinet | Recruitment | JobComplinet | Recruitment | JobSurveillance Analysthttp://www.complinet.com/recruitmentjobs/job/details/id/9340Competitive | Location: United Kingdom | Sector: Compliance & Regulation | Published: October 21st 2009 | Surveillance Analyst Position Description: <ol> <li>Job Objective To assist the Firm with its surveillance and monitoring activities in compliance with UK legislation, FSA and exchange rules and regulations, and applicable EU and overseas legal and regulatory requirements. 2. Job Dimensions The Compliance Department is a service-oriented department which provides guidance and advice to all business and support staff at the Firm, including sales, trading, research, investment banking, financial, administration and infrastructure staff. The Department provides general transactional guidance and advice to Business Units and other staff, implements compliance policies as required, and provides training. It also undertakes surveillance activities and utilises exception reports to monitor and, where appropriate, investigate Firm, customer and employee trading activity. The Department is also called upon to render advice on the rules and regulations of FSA, exchanges and other bodies; and Firm policies and procedures. As part of a sales and trading surveillance team of four professionals, the Surveillance Analyst will conduct surveillance and monitoring activities and assist in enhancing and developing the surveillance and monitoring programme, working closely with other professionals in the team and other compliance areas. 3. Principal Duties (a) Surveillance and Monitoring Perform daily monitoring and surveillance of equities and fixed income trading to ensure compliance with relevant Market Abuse, Conduct of Business and Exchange rules. • Use exception and other surveillance reports to monitor compliance with Firm policies and procedures and relevant rules, laws and regulations. • Liaise with compliance colleagues, operations and front office staff to ensure that all findings are investigated. • Ensure findings are resolved satisfactorily and in a timely fashion and that the results are fully documented and escalated where appropriate to compliance management. • Highlight areas where processes can be improved and training provided to operations and front office staff as a result of surveillance conducted. • Perform periodic test checks to ensure compliance with FSA and exchange rules and regulations. (b) Surveillance and Monitoring Development Assist in identifying areas that may require surveillance and monitoring and in developing reports to address these areas. Liaise with IT and operations to ensure reports are accurate and produced in a timely manner. (c) Compliance Desk Reviews Assist with periodic compliance reviews of relevant business areas through the provision of surveillance and monitoring support. (d) Regulatory and Client Enquiries Assist with enquiries from regulatory authorities, exchanges and clients and liaise with legal and compliance professionals and other support areas of the firm on these matters. (e) Regulatory Audits Assist in the co-ordination of regulatory audits and visits and follow-up on findings as necessary. 4. Primary Contacts The Surveillance Analyst will be in close contact with staff in managerial, line and operational positions within the Firm. 5. Supervision The reporting line will be to a senior member of the surveillance team.</li> </ol> Skills Required: • University graduate and/or professionally qualified individual, eg, law or accountancy graduate • Experience in a financial environment with a leading bank, securities house, regulator or accountancy practice helpful but not essential • Familiarity with Financial Services Authority (FSA) Rules, particularly Conduct of Business would be beneficial • Uses initiative, good analytical and communications skills and a strong team player • Numeric and computer skills essential • Salary: competitive and commensurate with experience