Purpose of the Role:
The Senior Analyst, Trade Surveillance, Analysis & Reporting undertakes daily trade surveillance and monthly portfolio surveillance activities, with a focus on higher-risk accounts and complex transactions. The incumbent assesses alignment with client investment objectives, internal policies, and regulatory standards to identify, escalate, and track any non-compliant, high-risk, or suspicious trade / portfolio activity. The incumbent consolidates and analyses surveillance findings and generates key insights to support reporting, trend analysis, and remediation planning. The Senior Analyst supports enhancements to the surveillance framework.
Key Accountabilities:
- Undertakes daily reviews of complex and high-value Investment Advisor (IA) and Discretionary Portfolio Management (DPM) trades, applying a risk-based lens to suitability, concentration, and misconduct indicators to identify and flag potential breaches, non-compliance, or misconduct for escalation to identify risks and ensure adherence to suitability standards and Investment Policy Statement (IPS) mandates.
- Completes detailed monthly reviews of client statements and portfolio summaries for high-risk accounts, assessing adherence to client investment policy statements, risk profiles, and diversification parameters; and identifies portfolio concentration risks, trends, or breaches requiring action to identify risks, ensure suitability, completeness, IPS alignment, and appropriate asset mix.
- Identifies & escalates trade or portfolio findings related to IPS breaches, concentration risks, or patterns of unsuitable activity that suggest high-risk or deceptive behaviour to enable prompt risk management or compliance oversight to address the potential misconduct and protect the Bank against regulatory or reputational risk.
- Analyses & reports on the record of trade and portfolio review breaches and surveillance findings, identifying recurring trends, emerging risks, control gaps, and generating key insights for presentation to stakeholders to support continuous improvement, trend analysis, remediation planning, identification of business conduct risks, and regulatory response readiness.
- Supports the coaching of the analyst(s) in executing their reviews and escalating where appropriate to the senior manager, as well as PWM leadership, identifying continuous improvement opportunities to monitoring practices and reporting mechanisms to strengthen the Bank’s trade surveillance, control environment, and quality of supervisory oversight.
- Monitors investment industry practices and regulations and updates reporting / processes in accordance with changes industry’segulatory environment and internal policies to ensure that surveillance practices remain current, effective, and aligned with industry best practices.
Knowledge / Experience:
- 4-5 years’ experience in financial services, preferably with some experience in a compliance, or risk monitoring role.
- Strong understanding of investment products, portfolio management, and trading practices across retail and wealth segments.
- Experience conducting trade surveillance or portfolio reviews, with exposure to suitability assessments, data visualization tools, IPS compliance, and regulatory reporting.
- Familiarity with regulatory frameworks and knowledge of anti-market abuse and conduct risk principles.
- Working knowledge of risk policies.
- Knowledge and understanding of various legislation in all countries where the Bank operates.
- Proficiency in analysing large data sets and identifying trends, anomalies, or misconduct indicators.
- Demonstrated ability to interpret complex account activity and escalate findings appropriately.
- Knowledge of the local market, economic situation and other influences.
Required Qualifications:
- University degree in finance, economics, business, or a related field would be an asset.
- Certification in compliance, risk management, or securities would be an asset.
| JOB SNAPSHOT: |
| Category: Governance and Control |
| Function: Transformation, Governance & Control |
| Position reports to: Senior Manager, Business Risk Management, Analysis & Reporting |
Expiry Date: 15 -10-2025
