Trade Surveillance Analyst

Job Description

Direct message the job poster from FinClear FinClear is Australia’s leading independent technology and infrastructure provider for financial market access both listed and private; a one-stop shop for services usually outsourced by financial advisers, wealth managers, stockbrokers, and fintechs to multiple vendors. With offices across four states, we specialise in providing trading solutions for capital markets, clearing and settlement, stock lending and technology solutions to the finance industry. Regulated by both ASIC and the ASX, FinClear hosts over A$145 billion of listed assets on its digital platform and touches over 570,000 accounts in Australia each year. Established in 2015 with FinClear, we have now grown and expanded to become the FinClear Group. Making up the group is three diverse brands with their own unique offerings being FinClear, FCX and Transact1. We have an exciting opportunity to join our compliance team as a Trade Surveillance Analyst. Working closely with our trading and compliance team you will play a critical role in monitoring and analyzing trading activities to ensure compliance with market regulations. Key Responsibilities: Monitor Trading Activity : Continuously review equities transactions for potential market abuse, manipulation, or non-compliant behavior. Conduct Investigations : Analyze suspicious trades flagged by trade surveillance systems (Eventus), conduct further investigation as needed, and document findings. Clear all alerts by the end of trading day. Regulatory Compliance : Ensure trading activities align with regulatory requirements. Data Analysis & Reporting : Use advanced data analytics to identify patterns or trends in trading behavior and prepare reports for management, regulators, and other stakeholders. System Management : Configure, maintain, and optimize surveillance systems to enhance detection accuracy, staying current with technological advances and updates. Communication with Clients : Send queries to Clients to query trades and if necessary request further information to investigate alerts. Collaborate with Internal Teams : Work closely with Designated Trading Representatives, compliance team, to address and resolve compliance issues, provide guidance on best practices, and support the implementation of corrective actions. Documentation & Record-Keeping : Maintain detailed records of investigations, actions taken, and outcomes to ensure a clear audit trail. Training & Education : Provide training to relevant personnel on compliance issues and emerging risks, contributing to a culture of compliance and ethical trading practices. Ad-hoc Projects : Participate in regulatory audits, internal investigations, and special projects as assigned by the Compliance or Risk team. Key Skills and Qualifications: Education : Bachelor’s degree in finance, economics, law, or a related field is a plus. Experience : 2+ years of experience in trade surveillance, compliance, risk management, or a related field within financial services. Knowledge of Regulations : Strong understanding of ASIC Market Integrity Rules and Corporations Act on market misconduct rules. Understanding of Trading : Excellent knowledge of equities trading and behaviour patterns for trades. Technical Skills : Proficiency with trade surveillance systems (e.g., NICE Actimize, Smarts, Iress, Eventus/Validus) and knowledge of trading platforms. Trading experience a plus. Analytical Thinking : Strong problem-solving and analytical skills, with the ability to identify and investigate suspicious trading patterns. Communication : Excellent written and verbal communication skills for preparing reports, conducting interviews, and liaising with regulatory authorities. Attention to Detail : Meticulous in identifying issues, recording information, and conducting follow-ups to ensure thoroughness. Additional Requirements: Ethics and Integrity : Demonstrated commitment to maintaining high ethical standards and confidentiality in handling sensitive data. Continuous Learning : Stay informed of industry developments, regulatory changes, and new technologies impacting trade surveillance. What are the ingredients to our secret sauce? That’s our people and the technology solutions we create. As the business grows, we are also evolving our benefits programme. We have launched 16 weeks gender-neutral parental leave, salary sacrifice for purchasing up to 10 extra days of annual leave per calendar year, salary sacrifice options for EV & Plug-in Hybrid vehicles and electric bikes, and a hybrid workplace with vibrant modern office spaces to collaborate with teammates. You can learn more here. Ready to apply? Apply now via the links. We don't wait until applications close to review them and will actively be interviewing over the coming weeks. Rights to legally work in Australia are a must to be considered for any immediate opportunities at FinClear (sponsorship options are currently not an option). Seniority level Associate Employment type Full-time Job function Other Referrals increase your chances of interviewing at FinClear by 2x. #J-18808-Ljbffr