Surveillance Officer - 12 Months Contract

CIRO / OCRI • Montreal, QC

3h • CA$85,000 - CA$95,000 • Hybrid

About The Position

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.

Requirements

• 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

Nice To Haves

• Completion of the Derivatives Fundamentals course would be an asset
• 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

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

Benefits

• Competitive base salary in alignment with market
• Performance based bonus
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree