Description:
We have a vacancy for an associate within the Equity Manipulation Team (EMT) in the Secondary Market Oversight (SMO) Department. SMO leads the FCA's work to detect, investigate and prevent market abuse and EMT specialises in pursuing both criminal and civil cases of market manipulation, primarily involving equities and equity-related products.
The EMT team has a vital role in helping the FCA achieve its objectives in ensuring the integrity of markets and protecting those who use them.
Role Responsibilities
- Conduct trade surveillance activities by reviewing alerts, STORs, and indicators of potential market manipulation to detect and prevent suspicious trading behaviours, helping safeguard market integrity and investor confidence
- Enhance surveillance systems by collaborating with developers and in-house tech teams to align tools with evolving market abuse risks, improving detection capabilities and staying ahead of emerging threats to protect the financial ecosystem
- Conduct in-depth investigations into potential manipulation through detailed analysis of trading patterns, liaising with market participants, and making escalation recommendations to uncover complex schemes and ensure compliance with regulatory standards, ensuring transparency and fairness in financial markets
- Provide specialised knowledge of financial markets and support evidence gathering for triage and enforcement investigations to enhance enforcement actions with robust, data-driven insights, guiding high-stakes decisions that uphold market stability and trust
Minimum Skills required
- Demonstrable professional experience of market abuse monitoring, surveillance, and investigations within financial services with a regulator or professional exposure to financial markets, in particular, equities markets and equity derivatives
- Prior experience of using big data tools such as Microsoft Excel and other internal big data applications
- Extensive experience in using trade surveillance systems
Essential
- Knowledge of the market abuse legislative framework
- Critical thinking and judgement, with ability to make logical and consistent decisions based on the information available to you
- An appreciation of the value of teamwork with an ability to engage effectively and constructively with colleagues
- Ability to communicate complex trading analysis and concepts to a variety of audiences
- Readiness to adjust and drive: being responsible with the ability to act on your own initiative and deliver high-quality outcomes