The Compliance Surveillance Team is responsible for designing, implementing, monitoring and testing a transversal range of surveillance models across the entire range of Businesses of CA CIB and Credit Agricole SA, London Branch (“CASA”), including providing a gap analysis that feeds into the annual BC M&S Control plan. Appropriately escalating suspicious transactions is fundamental to the role.

The role requires an expert in the collection and analysis of input and output data, as well as an understanding of key and up to date Compliance matters. Knowledge of Surveillance Vendor tools is an advantage but not a requirement. The person should be familiar with regulatory and conduct issues which are relevant to the CA CIB and CASA monitoring and surveillance framework i.e. Market Abuse and Conduct Risk.

The GMRC Framework monitors transactions across all CACIB business lines including:

• Global Markets Division
• Global Investment Banking
• Treasury

Key Responsibilities:

The incumbent shall work within the Surveillance area to implement and perform monitoring and testing of trade alerts across all CA CIB and CASA business lines. They will give input for the design of new monitoring strategies.

• Help to enhance monitoring and surveillance controls that extends to CA CIB ad CASA for conduct and market abuse risks. This includes, but it not limited to:
• Monitoring of Trades, Orders, RFQs and Market Data. (Daily)
• Assist, develop and help implement new monitoring controls other than those set out above.
• Follow up on any alerts identified as requiring calibration, threshold or logic changes or general improvements.
• Compile breach / incident and audit trail reports arising from monitoring activity and report the outcome to the UK Head of Surveillance.
• Create and document detailed user guides and desktop procedures ensuring all policies remain up to date.
• Contribute to the maintenance of the annual Compliance Surveillance book of work.
• Highlight issues to senior Surveillance Management regarding data input, data output and market data.
• Identify and escalate potential instances of Market Abuse, Operational risk and other market integrity issues as discovered from the alert creation process.
• Ensure the efficient escalation of any potential breaches and tracking them as appropriate.
• Ensure that the monitoring findings are accurately recorded and retrievable to provide full reporting to senior management.
• Proactively identify gaps and weaknesses in surveillance/ monitoring activity and actively seeking to address them.
• Ensure confidentiality at all times due to privileged information access.
• Maintain awareness of key regulatory updates and analysing their impact on alert development.
• Participate actively to the changes in the organisation triggered by the revamping of the monitoring platform and tools.

Periodic Reporting:

• Provide periodic and ad-hoc reports and updates to the Head of UK Monitoring & Surveillance and Senior Compliance Management. Create and distribute high quality reporting in accordance with the monitoring framework and deliver these reports to management as required. Update and provide management information as requested for local, group, head office and regulatory requests.
• Contribute toward the production and maintenance of the Annual Compliance Monitoring Plan (‘the Monitoring Plan’), which has an obligation to meet all relevant regulatory, compliance and internal audit requirements.
• Assist with internal and external compliance reporting.

Validation Findings:

• Liaise with the Global Head of Compliance Monitoring & Surveillance in relation to monitoring and surveillance output.
• Track and follow up issues identified because of monitoring activity and escalate where necessary.

Training and Awareness:

• Prepare and deliver training support to senior management to ensure they understand any system/platform changes.
• Attend industry seminars as appropriate. 

Ad-hoc:

• Assist the UK Head Surveillance and Senior Compliance Management with ad-hoc tasks, projects, investigations and regulatory thematic reviews as requested.
• Stay abreast of regulatory changes and industrial developments that may impact CA CIB and CASA.

• Compliance related Professional Training qualification (e.g. FINRA, CISI).
• University degree or equivalent
• CISI Regulation & Compliance Certificate/Diploma

• Understanding of basic Capital market products such as Origination, Syndication, Credit and Rates, Structured Products, FX and Treasury.
• Solid controls development experience – streamlining processes and controls.
• Ability to review and analyse data then present results statistically in MI format.
• Proven experience of delivering high quality compliance MI reports for senior management.
• Proven experience of executing compliance reports and investigations or similar regulatory reports.
• Ability to track and document investigation until resolution.   
• Understanding of Market Abuse Regulation and the associated Alert Scenarios, but not limited to: Layering/Spoofing, Front Running, Wash Trades, Ramping, Cross Product/Venue Manipulation, Manipulation of Benchmarks.       
• Solid working understanding of a compliance risk management framework
• Trade Surveillance Monitoring experience
• Knowledge of trading terms and abbreviations
• Knowledge of financing bank products such as Loans, Client Coverage, Debt Syndications, Distribution, Structured Finance, Project Finance, and Trade Finance.
• Prior experience in e-Communications surveillance, trade surveillance, market abuse, market conduct or compliance within an investment bank
• Familiarity with regulation surrounding electronic communication surveillance
• Experience with Trade, Voice and e-Communications surveillance software
• Understanding of EU and UK compliance requirements, regulatory and exchange requirements.

• High curiosity and Investigative mind
• Ability to detect suspicious behaviour
• Results driven person who is willing to take on repetitive tasks
• Energy and tenacity to work well under pressure to deliver in short deadlines.
• Confident and adaptable, and possess an eye for detail whilst appreciating the big picture
• Self-starter with minimal need for guidance
• Ability to assimilate and to interpret information quickly
• Proactive attitude in identifying trends and risks
• Ability to handle a large amount of data on a daily basis
• Team player who enjoys working collaboratively and communicate regularly

• Detailed knowledge of FCA rules and good knowledge of European Legislation, as well as UK and European best practice.
• IT literacy (trade capture systems and downstream feeds) risk systems, surveillance tools, databases and spreadsheets and statistics).
• Report writing skills
• Visual Basic
• Good understanding of the regulatory and legal requirements for internal investigations as well as the compliance/ Regulatory topics in the Financial Services industry
• Ability to develop in-depth investigative, technical and analytical skills.
• Ability to perform searches using external sources and tools