My client is a leading Fintech entity located in Abu Dhabi, and together we have partnered in recruiting for a Head of Market Surveillance (MTF). The candidate will have previous experience working at an exchange, Multilateral Trading Facility (MTF), or at a traditional sell-side brokerage/investment firm within a market monitoring or surveillance function. The candidate will also have a solid understanding of the FSRA's rule books and definitions of market abuse.
Responsibilities:
- Responsibility for all aspects of market surveillance activities
- Recruitment, training, and ongoing supervision of the team as it grows.
- Monitoring client's trading activity by covering all alerts for compliance with the Exchange trading protocols and detecting potential market abuse under the rules of the Exchange and the Regulatory Authority
- Investigate and document rule breaches and alerts and their resolution, using the firm's alert case management tool, completing secondary analysis where appropriate.
- Recording and investigating all inquiries raised by clients regarding another client's trading behaviors. This could include breaches of trading protocol or potential market abuse.
- Follow up on all issues identified to ensure appropriate resolution.
- Resolve rule breaches, complaints, or other issues.
- Interaction with senior compliance and/or trading personnel
- Liaise with the FSRA, specifically the market conduct team. Monitoring and recording patterns of trading for potential referral to the FSRA or other regulators.
Requirements:
- The applicant will have at least 8-10 years experience of working within securities and derivatives markets preferably within the electronic trading market surveillance department.
- A degree from a reputable university is preferred.
- Developing knowledge of the rule book and overarching regulations that impact the business.
- Effective relationship-building skills, working with various levels of internal and external leaders including regulators.
- Ability to act on, and resolve problems is essential.
- Knowledge of the FSRA regulatory regime
- Familiar with completing Know Your Client/Anti-Money Laundering checks.
