Senior Manager, Market Supervision, LSE24

LSEG•New York, NY

3d•$159,500 - $265,800

About The Position

Market Supervision is part of the Market Regulation department, which regulates markets operated by LSE plc. The team monitors secondary-market trading on London Stock Exchange, Turquoise Global Holdings Limited and Turquoise Global Holdings Europe B.V. Its purpose is to support orderly, efficient trading in compliance with exchange rules and to identify activity that may indicate market abuse under the UK Financial Conduct Authority’s Code of Market Conduct and MAR. The Senior Manager will co-lead and manage Market Supervision coverage for LSE’s 24x5 extended trading model, helping ensure orderly, efficient and compliant trading during non-UK working hours. The role involves senior oversight of live and post-trade activity, management of market events, engagement with member firms and internal stakeholders, investigation of unusual trading patterns, and development of procedures, playbooks and controls for LSE 24. It requires sound judgement, leadership and the ability to make documented decisions in time-critical situations. The position reports to the Head of Market Supervision.

Requirements

Degree or equivalent experience.
Experience in market supervision, trading venue operations, compliance, risk, front-office trading, surveillance, exchange operations or a similar regulated financial markets environment.
Strong understanding of secondary-market trading, market structure, trading rules, order and trade lifecycle, and venue control frameworks.
Experience managing or escalating live market events, such as trading halts, disorderly trading conditions, trade cancellations, technical incidents or participant issues.
Strong working knowledge of regulations relevant to UK and European trading venues, including MiFID, MiFIR and MAR.
Proven ability to lead teams, manage workflow and make effective decisions in time-critical situations.
Strong stakeholder-management skills, including confident interaction with member firms and technology, operations, compliance, legal, risk and senior-management stakeholders.
Clear written and verbal communication skills, including the ability to prepare concise incident summaries, escalation notes, decision records and regulatory-ready explanations.

Nice To Haves

Experience supervising ETPs, RFQ models, quote-driven markets, bilateral settlement or extended-hours trading.
Familiarity with surveillance tools, trading platforms, incident-management tools and large trading datasets.
Understanding of US and APAC market dynamics, including retail-driven flow, overnight liquidity conditions and out-of-hours market-event risk.

Responsibilities

Lead and manage real-time and post-trade supervision of LSE 24 activity, overseeing trading behaviour, market quality, system events and participant activity.
Provide senior Market Supervision coverage during non-UK working hours and manage trading halts, trade cancellations, potential disorderly trading conditions and other market events.
Develop, test and continuously improve procedures, playbooks and escalation paths for overnight and cross-time-zone supervision.
Provide senior input into surveillance coverage, control calibration, market event handling and operational readiness for LSE 24.
Support launch readiness through scenario testing, dress rehearsals, incident simulations, communication templates, regulatory evidence packs and lessons-learned processes.
Interact with member firms and market participants on supervisory matters, including rule application, trade queries, incident follow-up and requests for information.
Identify, investigate and escalate unusual trading patterns or potential market-abuse indicators, preparing internal analysis and potential regulatory referral materials as appropriate.
Contribute to future LSE 24 expansion planning, including possible expansion beyond the initial ETP scope, operating-model refinement and potential interaction with future digital market infrastructure.