Control Room Monitoring Specialist-2

Job Description

To monitor and report on trading activities, and provide advice in identifying potential compliance breaches and ensuring adherence to regulatory requirements

To play a pivotal role in maintaining the integrity of the trading operations and upholding regulatory standards

• Qualifications: Relevant risk management or compliance qualification
• Experience required: > 5 years

Industry experience: Experience in a corporate bank control environment

Skillset required: Experience in managing MNPI, reporting, governance

• Responsibilities:
• Monitor real-time trading activities to detect any potential compliance violations or market abuse.
• Review and analyse trading data, including trade orders, executions, and communications, to ensure compliance with regulatory requirements.
• Investigate and escalate any suspicious trading activities or breaches of compliance policies and procedures.
• Collaborate with traders, compliance officers, and other stakeholders to address compliance issues and implement corrective measures.
• Assist in the continued enhancement/digitisation of the Control Room and the build out of an expanded Control Room including policy and innovation.
• Maintain comprehensive records and documentation of monitoring activities and compliance assessments.
• Stay updated on regulatory developments and changes in market rules and regulations.
• Participate in the development and enhancement of control room monitoring processes and tools.
• Maintain information barriers and manage flow of material non-public information.
• Engage in the day-to-day review and clearance of research publications in compliance with research rules and to identify potential conflicts of interest.
• Perform conflict of interest assessments across pipeline/opportunities, opportunity related parties and opportunity team members.
• Conduct periodic reviews and assessments of trading activities to identify trends and patterns.
• Provide guidance and training to traders and other personnel on compliance policies and procedures.
• Assist in the preparation of regulatory reports and submissions as required.
• Coordinate with internal audit and external regulators during compliance examinations and inquiries.
• Contribute to the continuous improvement of compliance monitoring and surveillance capabilities.
• Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability.
• Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimise redundancy.
• Identify development needs and select effective solutions to address own development need.

#post

#RMB

Job Details

Application Closing Date

22/08/24

All appointments will be made in line with FirstRand Groups Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.