Senior Surveillance Officer

Position Title: Senior Surveillance Officer

Department: Market Surveillance

Region: Toronto, Montreal, Calgary or Vancouver

Status: Permanent Full-time (Hybrid)

Core Responsibilities:

• T+1 Analysis: Analyze trading patterns and activity retrospectively to identify breaches of trading rules, including potential illegal insider trading and market manipulation.
• Identify opportunities to optimize real-time alerts for both real time and next-day reviews.
• Technology and Tools Development: Collaborate on developing detection tools and analytics for evolving trading patterns and exchange facilities.
• Provide expertise in managing large data sets and developing reports using tools such as Excel, Power BI, Python, and SQL.
• Review Listed Issuer Press Releases to assess materiality, balance, and compliance with exchange rules and securities legislation.
• Assist colleagues in the real-time surveillance function with calibration of alerts and alert development.
• Monitor trading activity to ensure compliance with Universal Market Integrity Rules (UMIR) using surveillance systems.
• Research to keep abreast of technical innovations in our industry with an expectation this will lead to proposing opportunities for us to explore to enhance and improve our systems and processes with a primary focus on the surveillance alerts.
• Industry and Internal Collaboration
• Communicate daily with dealers, issuers, and marketplaces on a variety of topics that include market manipulation reviews, issuer timely disclosure, and marketplace disruption.
• Assist marketplaces with market quality issues.
• Stay current on industry trends through ongoing education and seminars.

Skills and Competencies:

Must-Haves

Technical Expertise:

• Advanced knowledge of Excel: Pivot Tables, Power Query, VBA.
• Proficiency in Power BI, Python, and SQL for data analysis, visualization, and tool development.

Professional Experience:

• 7-10 years in trading, compliance, supervision, or technology roles within a trading environment.
• Understanding of trading and marketplace rules.

Analytical and Decision-Making Skills:

• Confidence and experience working with large data sets.
• Ability to analyze trading activity and make real-time and T+1 decisions.

Other Essential Skills:

• Strong interpersonal and communication skills.
• Ability to thrive under pressure and meet demanding deadlines with sound judgment.
• Detail-oriented and capable of working both independently and as part of a team.

Nice-to-Haves

• Familiarity with various asset classes (derivatives, fixed income, repos, FX). Completion of industry courses such as CSC preferred.
• Experience with market structure and quality issues.

What Makes this Role:

This position goes beyond traditional real-time monitoring by integrating T+1 reviews and leveraging advanced technical tools. If you're passionate about market surveillance, adept at handling complex data, and eager to make a tangible impact on Canadian market integrity, we'd love to hear from you.

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
• MLOA/PLOA top-up
• Paid continuous learning and continuing development as well as designation

Why the Canadian Investment Regulatory Organization (CIRO):

Our purpose and our impact:

With offices across Canada - from Vancouver to Montreal, our mission is to promote healthy capital markets by regulating fairly and effectively so that investors are protected and confident investing in their futures. As a regulator, we understand that we are all investors. Therefore, a career with us is a career with purpose, protecting our future.

Culture and Working Environment:

Life at CIRO is purpose and performance- driven. We foster an inclusive culture where teamwork, a forward-thinking attitude, and integrity are at the core of everything we do. This creates an environment where employees thrive, grow, and are empowered to learn and contribute their best.

Joining CIRO means becoming part of a dynamic and transparent organization that values accountability and is committed to maintaining the highest standards of regulatory oversight in the financial industry.

Looking for a career where you can safeguard the integrity of Canadian markets? Join CIRO and be part of the team that secures our financial future.

Our Commitment:

CIRO is an equal opportunity employer and is committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act, 2005 (AODA). CIRO will provide accommodation to job applicants with disabilities throughout the recruitment process. Should you require accommodation, please contact Human Resources.

While we appreciate receiving applications, only those applicants who closely meet the position requirements will be contacted.

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