The Surveillance Officer provides real-time market surveillance in order to ensure the market integrity of the Canadian marketplace; and executes the timely disclosure policies of Canadian exchanges to ensure all investors are trading with equal access to information.
Core Responsibilities:- Communicate daily with dealers, issuers and marketplaces on a variety of topics that include market manipulation reviews, issuer timely disclosure, marketplace disruption,
- Serve as a backup for conducting cross-assets (Equities, Derivatives, Bonds) to identify potential violations of UMIR or Canadian securities laws. This includes compiling relevant evidence and performing detailed trading analysis.
- Immediate review of Listed Issuer Press Releases to assess materiality, balance and appropriateness in light of relevant exchange rules and securities legislation
- Decide when it is necessary to halt trading to ensure full & fair dissemination of news.
- Monitor trading activity to ensure dealer compliance with Universal Market Integrity Rules (UMIR) using real-time surveillance systems as well as analysis of historical activity.
- Analyze trading patterns to identify breaches of the trading rules, including illegal insider trading.
- Assist marketplaces with certain market quality issues
- Provide assistance in developing new detection tools and responding to evolving trading patterns and exchange facilities.
- Stay up to date on industry trends through education sessions and industry seminars
Key Skills and Competencies:Must-haves- Post-secondary degree
- 5/10 years of trading/compliance experience
- Strong expertise in derivatives and comprehensive knowledge of their trading practices.
- Completion of the Canadian Securities and Trader Training courses
- Completion of the Derivatives Fundamentals course would be an asset
Nice to Haves- In depth knowledge and understanding of UMIR, and marketplace rules
- Deep understanding of the securities industry, and trading practices
- Familiarity with various asset classes (derivatives, fixed income, repos and FX) would be an asset
- Must Have confidence and experience working with large data sets, using business tools,
- Thorough understanding of CIRO policies and procedures in order to ensure market integrity of the Canadian marketplace
- Strong interpersonal and communication skills
- Ability to work under pressure
- Excellent organizational and analytical skills
- Knowledge of Securities Legislation
- Good understanding of the various departments in CIRO to be able to efficiently source information and advice
- Ability to work independently and in a team environment
- Detail oriented
- Familiarity with market structure issues would be an asset
What we offer:- Competitive base salary in alignment with market
- Performance based bonus *
- Hybrid work environment
- Employer paid Health Benefits and Spending Account that offer flexibility to meet your individual or family needs as of day one
- Defined Contribution Pension Plan with company matching that starts on your first day of employment *
- Paid flex days and sick days *
- Vacation days
- Maternity Leave Of Absence/Paternity Leave Of Absence top up *
- Paid continuous learning and continuing development including designations
OurRecruitment Process- This posting reflects an active vacancy on our team
- We use automated (AI) tools toassistwith candidate sourcing and communications. Applications are reviewed by our hiring team and hiring decisions are made by people.
- This role has a hiring range of $85,000 - $95,000 with the placement and offered salary being based on knowledge, skills, education/training and experience, as well as external market conditions and internal equity.
While we appreciate receiving applications, only those applicants who closely meet the position requirements will be contacted. #LI-HYBRID#Hiring
