Senior Market Abuse Case Officer - Equity Manipulation Team

Job Title: Senior Market Abuse Case Officer
Division: Enforcement & Market Oversight (EMO)
Department: Secondary Market Oversight (SMO)

• Salary: National (Edinburgh and Leeds) ranging from £52,400 to £67,000 and London £57,700 to £74,000 (salary offered will be based on skills and experience)

• This role is graded as: Senior Associate – Regulatory

• Your recruitment contact is Steve Christopher via  Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.

We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective. By joining us, you’ll play a key part in protecting consumers, driving economic growth and shaping the future of UK finance services.

Enforcement & Market Oversight (EMO) is responsible for the FCA’s responsibilities for market monitoring, delivery of the functions of the UK Listing Authority (UKLA) and the investigation and prosecution of misconduct using the whole spectrum of criminal, civil and administrative sanctions and remedies against firms and individuals.

Sitting within the Market Oversight Directorate, the Secondary Market Oversight (SMO) Department addresses all aspects of market abuse in secondary markets through data analysis, detection, investigation and supervision, following the FCA’s four Ps approach- prepare, prevent, protect and pursue- to maintain clean and transparent markets.

• Lead ongoing trade surveillance, reviewing alerts, STORs and other signals to uncover behaviours that could undermine market integrity

• Conduct complex investigations into potential market manipulation by analysing trading patterns and engaging constructively with market participants

• Enhance the FCA’s surveillance capability by partnering with developers and tech teams to evolve systems in line with emerging market abuse risks

• Provide market support to support evidence gathering across triage and enforcement activities, helping ensure fair, transparent markets

• Shape the FCA’s approach to detecting equity manipulation, contributing to regulatory outcomes that protect millions of UK consumers

• Develop specialist technical and investigative skills using advanced tools, data sources and analytics

• Work on diverse, high impact cases, offering opportunities to provide strategic insight and help shape decisions

• Act as an investigator in formal enforcement work, helping to hold firms and individuals to account and build public confidence in financial markets

Minimum:

• Demonstrable experience of market abuse monitoring, surveillance or investigations within financial services, a regulator, or through professional exposure to financial markets particularly equities markets and equity derivatives

• Prior experience using big data tools such as Microsoft Excel and other internal data analysis applications

• Proven experience working with trade surveillance systems

Essential:

• Solid knowledge of the market abuse legislative framework and its application in financial markets

• Ability to apply critical thinking and sound judgement to reach logical, consistent decisions using the information available

• A collaborative approach, with the ability to work constructively with colleagues and contribute positively to team goals

• Ability to explain complex trading analysis and market concepts to a wide range of audiences

• Willingness to adjust to planned and unplanned changes and drive, acting as a self motivated professional able to organize their time and deliver high quality outcomes

• Deep understanding of how equity markets operate and the specific ways they can be vulnerable to manipulation

• Familiarity with programming or data-analytics tools, with Python and visualisation tools such as Tableau

• 25 days annual leave plus bank holidays

• Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors)

• Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary

• Private…