VP, Compliance Surveillance and Monitoring

Legal and Compliance Department

The Legal and Compliance Department (LCD) manages the legal, regulatory and compliance risks for GIC, and partners with the business to ensure that legal, regulatory and compliance issues and risks are identified, assessed and dealt with in a timely and efficient manner.

We are looking for a highly motivated, high calibre candidate to join our Compliance Surveillance and Monitoring team as a Vice President.

Responsibilities

• Implement and maintain a robust and effective compliance surveillance and monitoring program and procedures to monitor compliance by GIC employees with global laws, regulations and Compliance policies.
• Timely analysis and resolution of trade surveillance alerts to identify any high risk or suspicious trading activities in financial instruments, including equity, derivatives, and fixed income products globally.
• Timely analysis and resolution of electronic communications surveillance alerts to identify any potential non-compliance with laws, regulations, and Compliance policies, or anomalous behaviour by GIC employees. Serve as a quality assurance reviewer of electronic communications surveillance alerts.
• Monitor employee personal trading activities and serve as a quality assurance reviewer of any potential violations or red flags arising from employee personal trading activities.
• Work closely with the Technology Group and vendors in the ongoing review and enhancement of the trade and communications surveillance platform, scenarios/metrics, reports and procedures.
• Work closely with the Technology Group to manage existing vendor relationships and to evaluate and implement new surveillance platforms/tools and surveillance controls.
• Implement User Acceptance Testing to support the rollout and ongoing enhancements of existing and new surveillance platforms/tools.
• Monitor and identify changes in GIC's investment/trading and operational activities and global regulatory developments that warrant an update to existing or the development of new surveillance patterns to ensure that GIC's compliance surveillance program remains updated and effective.
• Track, analyze and report key metrics in relation to alert volume, alert turnaround time and alert trends to identify areas for improvement.
• Communicate findings to the Asset Departments and the Global Trading Unit and perform periodic reporting of surveillance findings and trends to senior management in a clear and concise manner.
• Respond to regulatory inquiries, including working with the Technology Group and Asset Departments to retrieve information, and with external legal counsel on preparing the responses to regulators.
• Implement other Compliance monitoring and/or testing processes where required.

Requirements

• Preferably 12 years of relevant working experience in the financial services industry in Trade/Market Surveillance within Compliance or with a securities exchange or securities regulator.
• An interest in and awareness of the global regulatory and enforcement landscape.
• Good knowledge about financial markets and e xperience in at least one or more asset classes such as Equities, Fixed Income, Derivatives, Commodities and FX.
• Attention to details and able to manage large data sets and detect pattern / inconsistencies.
• Strong analytical, problem-solving, and investigative skills.
• Ability to manage multitask and handle multiple compliance reviews and projects at the same time and meet deadlines.
• Experience with using and implementing surveillance and case management systems.
• Familiarity with market data and due diligence vendors (Bloomberg, Reuters, etc.)