Lead Expert - Trade Surveillance

·         Undertake Trade surveillance of SG’s derivative & other business units using the firm’s monitoring tools as directed by procedures, management and team protocols.·         Compile and issue relevant regulatory reporting obligations where required.·         With the London team and management, proactively manage the associated risks with the extended team coverage in Casablanca.·         Support the collation and development of Management Information. ·         Lead the implementation and enhancement of surveillance approaches / innovations and/or strategic solutions to meet requirements.        ·         Maintain and monitor a database of remedial actions/recommendations arising from trade surveillance, to ensure timely and satisfactory resolution of issues identified.·         Participate and evolve the review of surveillance controls through engagement with Compliance and BU colleagues.·         Proactive and +timely escalation of issues to management·         Active participation at relevant industry and trade association seminars, feeding back relevant information internally.·         Identify, analyse, communicate and implement solutions to surveillance activities as a result of changes to regulation and/or market/company events.

Role purpose

The Equities & Derivatives Trade Surveillance Analyst will support the EMEA surveillance teams from Bengaluru. The role combines alert review with a good working knowledge of equity products, derivatives, European market structure and common market abuse behaviors. The analyst is expected to understand the trading activity being reviewed, assess whether an alert can be reasonably explained by legitimate execution or hedging, identify gaps requiring further investigation, and escalate relevant cases to the EMEA Level 2 team. This is an offshore surveillance delivery role and does not include direct interaction with regulators.

Key responsibilities

• ·       Review and investigate Level 1 trade surveillance alerts covering European equities and derivatives in line with documented procedures, service levels and quality standards.

• ·   Understand the product, trading pattern and market context behind each alert rather than relying only on surveillance-tool outputs or procedural checks.

• Assess whether activity may be explained by legitimate execution, market making, client facilitation, portfolio rebalancing or basic hedging, and document the supporting facts.

• Identify alerts where the explanation is incomplete, inconsistent or unsupported and escalate them with a clear summary of the facts, open questions and potential conduct indicators.

• Contribute to investigation discussions led by EMEA surveillance teams by providing data analysis, initial hypotheses, chronologies and product or market context.

• Reconstruct relevant order and trade activity across accounts, instruments, venues and related equity or derivative products using available data and surveillance tools.

• Perform timely follow-up on information requests from EMEA teams and maintain complete, concise and auditable investigation records.

• Raise data-quality, scenario-performance and procedural issues that may affect alert review or surveillance coverage.

• Participate in calibration feedback, quality reviews, training and continuous improvement of investigation guidance.

• Work effectively within an offshore delivery model, maintaining regular communication, transparent handovers and clear escalation to EMEA stakeholders.

  
  

  Product and market knowledge

• Good understanding of cash equities, including ordinary share, ETFs and equity indices.

• Working knowledge of listed derivatives, including futures and options, and basic awareness of warrants, convertible instruments, CFDs and other equity-linked products.

• Understanding of the relationship between an underlying equity, an index or ETF and related derivatives, including the basic purpose of delta hedging, index hedging and portfolio rebalancing.

• Awareness of European equity market structure, including regulated markets, MTFs, auctions, continuous trading, closing mechanisms, liquidity fragmentation and common order types.

• Ability to interpret basic order, execution, price, volume, position and market-data information and to relate it to the alert under review.

• Familiarity with major European markets and venues such as Euronext, London Stock Exchange, Deutsche Börse/Xetra, Borsa Italiana, ICE, Eurex ect and relevant MTFs is desirable.

Required qualifications and experience

• Typically 3 to 7 years of relevant experience in trade surveillance, market conduct, equities operations, product control, trading support, risk, compliance or a related capital-markets function.

• Good practical knowledge of cash equities and basic knowledge of equity derivatives. Candidates must be able to explain common products, trading flows and basic hedging relationships.

• Prior experience reviewing surveillance alerts or conducting trading-related investigations is preferred.

• Ability to analyse trading data, form an initial hypothesis and write a concise, evidence-based investigation conclusion.

• Strong attention to detail, sound judgement and willingness to challenge incomplete explanations.

• Professional written and spoken English and the ability to work effectively with EMEA stakeholders across locations and time zones.

• Bachelor’s degree in finance, economics, mathematics, engineering, law or a related discipline, or equivalent relevant professional experience.

“We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status”.

At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious. Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA. If you too want to be directly involved, grow up in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

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