Fixed Income Trade Surveillance Advisory

Advisory and Optimisation is a team within Compliance Markets Surveillance responsible for:

• Performing the annual Market Abuse Risk Assessment
• Executing cyclical validation and calibration reviews of trade surveillance scenarios to ensure optimal efficiency and effectiveness

To be successful as a Fixed Income Trade Surveillance Advisor, you should have experience with:

• A proven track record in the implementation and ongoing maintenance of a Markets Surveillance program
• Strong understanding of Market Surveillance risks/typologies, especially in the Fixed Income space, and their presentation in underlying data and transaction flows of various products traded
• Understanding the power of analytics to supplement global surveillance strategies
• Detailed knowledge of applicable regional and global laws and regulations that govern and inform surveillance activities (e.g., MiFID II, MAR)
• Excellent understanding of how Compliance and its sub-functions interact with each other and the business, and how Surveillance works with these areas to meet functional objectives

You may be assessed on key critical skills relevant for success in the role, such as risk and controls, change and transformation, business acumen, strategic thinking, and digital and technology, as well as job-specific technical skills.

Purpose of the Role

To monitor and analyse market activity for potential signs of abuse or manipulation, ensuring adherence to regulatory requirements and internal policies, and taking action to mitigate market misconduct.

Accountabilities

• Continuously monitor market activities, including order flows, prices, trading volumes, and communications to identify potential irregularities or market misconduct.
• Conduct in-depth investigations to gather evidence and assess the risk of market manipulation, insider trading, or other misconduct.
• Support projects related to the firm’s market surveillance framework.
• Provide regulatory query and internal/external audit support.
• Deliver accurate and timely reports to regulatory authorities, internal stakeholders, and management regarding market surveillance activities, incidents, and trends.
• Execute appropriate controls aligned to the Barclays control framework and related firm-wide standards.
• Support the control environment concerning data quality, model effectiveness, and efficiency.

Vice President Expectations

• Contribute or set strategy, drive requirements, and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/processes; deliver continuous improvements and escalate breaches of policies/procedures.
• If managing a team, define jobs and responsibilities, plan for the department’s future needs and operations, counsel employees on performance, and contribute to employee pay decisions/changes. Lead specialists to influence operations of a department, in alignment with strategic and tactical priorities, while balancing short and long-term goals and ensuring budgets and schedules meet corporate requirements.
• If the position has leadership responsibilities, demonstrate leadership behaviours to create an environment for colleagues to thrive and deliver consistently excellent standards. The LEAD behaviours are: Listen and be authentic, Energise and inspire, Align across the enterprise, Develop others.
• For an individual contributor, be a subject matter expert within own discipline and guide technical direction. Lead collaborative, multi-year assignments, guide team members through structured assignments, and identify the need for inclusion of other specialisations to complete assignments. Train, guide, and coach less experienced specialists and provide information affecting long-term profits, organisational risks, and strategic decisions.
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross-functional areas of impact and alignment.
• Manage and mitigate risks through assessment in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team performs.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the business goals.
• Collaborate with other areas of work for business-aligned support areas to keep up to speed with business activity and strategies.
• Create solutions based on sophisticated analytical thought, comparing and selecting complex alternatives. In-depth analysis with interpretative thinking required to define problems and develop innovative solutions.
• Adopt outcomes of extensive research in problem-solving processes.
• Seek, build, and maintain trusting relationships and partnerships with internal and external stakeholders to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues are expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship — our moral compass, guiding us to do what we believe is right. They should also demonstrate the Barclays Mindset — Empower, Challenge, and Drive — which is our operating manual for behaviour.