Associate Consultant, Comp Surveillance at Northern Trust

Manila, Metro Manila, Philippines

Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, BankingIndustries

Minimum 2 years of experience in a trade surveillance role within a bank, regulator, or similar financial institution
Strong knowledge of market abuse behaviors, including insider trading, market manipulation, and other abusive practices
Solid understanding of global regulatory frameworks and regulations such as MiFID II, MAR, Dodd-Frank, and others
Expertise in FX surveillance, with demonstrated experience monitoring FX spot, forward, and derivatives markets
Exposure to equities, rates, and fixed income (highly advantageous)
Proficiency in using surveillance tools such as NICE Actimize, TradingHub, or similar platforms
Analytical mindset with the ability to assess complex trading behaviors and identify anomalies
Strong written and verbal communication skills for drafting reports and engaging with stakeholders
Proactive, detail-oriented, and capable of working under pressure in a fast-paced environment
Team player with a collaborative approach to problem-solving
Understanding of global FX markets and trading strategies (preferred)
Familiarity with SQL or data analytics tools for conducting in-depth data analysis (preferred)
Experience with PowerBI (preferred)

Conduct daily reviews and analysis of trading activity across FX and other asset classes, utilizing surveillance tools and techniques to identify potential market abuse or irregularities
Generate and investigate alerts related to insider trading, market manipulation, and other misconduct
Escalate suspicious activities to senior management and compliance teams, providing detailed and accurate analysis
Ensure adherence to global regulatory frameworks, including but not limited to MiFID II, MAR, Dodd-Frank, and other jurisdiction-specific rules
Collaborate with compliance and legal teams to maintain a robust surveillance framework aligned with evolving regulations
Provide specialized monitoring of FX trading activities, including spot, forwards, and derivatives markets
Identify trends and behaviors that may indicate market manipulation, such as front-running or spoofing
Contribute to surveillance efforts across equities, rates, and fixed income, leveraging a multi-asset perspective
Partner with front-office teams, compliance, and technology to ensure surveillance systems and methodologies are effective and up to date
Provide insights and recommendations for process improvements and control enhancements
Prepare clear, concise, and timely reports for senior management and regulators
Maintain meticulous records of all investigations and outcomes