Description
Benchmark Surveillance Analyst
Exeter
Circa £300 per day
6 months initially
Benchmark Services (UK) Ltd is the Benchmark Administrator and Calculation agent for over 90 benchmarks and several thousand indices. The Benchmark Surveillance Analyst will play a key role in ensuring that the client is (European Union Benchmark Regulation) & IOSCO compliant and will work closely with other key areas of the business such as Compliance and Benchmark Operations.
The Benchmark Surveillance Analyst role will report into the Surveillance and QA Manager. The role presents an exciting opportunity to join a small but dynamic team working on the market surveillance of several high profile benchmarks including the critical WMR 4pm FX Spot Benchmarks. As a Benchmark Administrator, further benchmarks will come within the regulatory perimeter in 2019. As such, the successful applicant will be operating in a highly-regulated environment.
Opportunities will exist to work on several levels including; daily BAU surveillance alert management, testing, reporting, working with 3rd party surveillance system providers and escalation management (Compliance, Operations teams and Benchmark Submitters).
The successful applicant will need to demonstrate excellent analytical skills coupled with a sound knowledge of financial benchmarks. The role will demand the ability to be able to work both independently and as part of a team where required.
Core Responsibilities
The Surveillance analyst will be required to ensure that the Benchmark Services (UK) Ltd meet regulatory requirements by carrying out appropriate surveillance of the benchmark determination process.
Other key areas of responsibilities will be to;
* Work closely with colleagues in compliance and the individual benchmark business units to ensure that the firm is and remains compliant for Surveillance commitments;
* Investigate and close out daily alerts generated by the Surveillance tool in a timely manner;
* Manage surveillance escalations, building appropriate case profiles to assist compliance, operations and Benchmark submitters in understanding the underlying issues;
* Maintain Surveillance system configurations in a timely manner (eg Holiday tables, Tolerances);
* Assist in the design, implementation and testing of new/amended surveillance check scenarios;
* Produce stakeholder reporting (eg Dashboards);
Key Relationships
The candidate will be able to communicate effectively to the key stakeholders including Compliance, Operations and senior members of the clients boards team.
Skills and experience
* Excellent Analytical skills (preferably with a background in Maths).
* Strong Excel skills.
* Good understanding of Financial Markets and Benchmarks.
* Ability to present complex issues in a clear and concise manner, ensuring that stakeholders can quickly understand underlying issues.
* Excellent interpersonal and team skills.
* Excellent presentation and communication (both written and verbal) skills.
* Ability to interact knowledgeably and confidently across all aspects of the business.
* Ability to work on own initiative
* Ability to challenge the status quo and offer solutions
* Accomplished at working across borders in a culturally diverse organization
If you are interested in this opportunity, please apply now with your updated CV in word/PDF format.
Notwithstanding any guidelines given to level of experience sought, we will consider candidates from outside this range if they can demonstrate the necessary competencies.
Square One is acting as both an employment agency and an employment business, and is an equal opportunities recruitment business. Square One embraces diversity and will treat everyone equally: Please see our website for our full diversity statement.