Trade Surveillance Analyst

Key Responsibilities

• Monitor trading activities and surveillance alerts to identify potential market abuse, including spoofing, layering, wash trades, front-running, insider trading, and market manipulation.
• Conduct investigations into suspicious trading patterns and prepare detailed case documentation.
• Review and close surveillance alerts generated through internal and external monitoring systems.
• Liaise with Compliance, Risk, Operations, Product, and Technology teams on surveillance matters and escalations.
• Prepare regulatory reports and responses for exchanges, regulators, and other stakeholders, where applicable.
• Perform periodic reviews of surveillance scenarios, thresholds, and monitoring frameworks to enhance effectiveness.
• Analyze trading behavior across spot, derivatives, and options products to identify emerging risks.
• Maintain MIS, dashboards, and surveillance metrics for management reporting.
• Stay updated on regulatory developments, exchange circulars, and industry best practices.
• Support audits, inspections, and compliance reviews related to market surveillance activities.
• Drive automation and process improvement initiatives to strengthen the surveillance framework.

Requirements

• Bachelor's or Master's degree in Finance, Commerce, Economics, Law, or a related field.
• 5+ years of experience in Trade Surveillance, Market Surveillance, Compliance Monitoring, or Market Abuse Investigations.
• Prior experience with a Stock Broking firm, Capital Markets organization, Exchange, or Trading Platform is mandatory.
• Strong understanding of securities markets, derivatives, market conduct regulations, and surveillance methodologies.
• Hands-on experience investigating trading alerts and suspicious market activities.
• Familiarity with surveillance tools such as SMARTS, Actimize, Compass or similar monitoring systems is preferred.
• Strong knowledge of regulatory requirements, exchange rules, and market abuse monitoring frameworks.
• Excellent analytical, investigative, and report-writing skills.
• Ability to independently manage complex investigations and interact with senior stakeholders.