Market Surveillance Specialist
6 days ago
About Us
The Standard Bank Of South Africa Limited recognizes that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance.
Our Values
We naturally seek to empower staff and encourage diversity and opportunities for all. Our employee wellness programme is designed to encourage work-life balance for employees.
Job Description
To monitor and review trading activity of JSE listed security with the objective of identifying market abuse and the referral thereof to the Financial Sector Conduct Authority for further investigation. To monitor trading activity and ensure compliance with the JSE trading rules.
Key Performance Areas (KPAs)- Insider trading reviews across all asset classes (cash equities, equity derivatives, corporate bonds)
- Real time monitoring and review of significant share price and share volume reactions
- Monitor and review price-sensitive company announcements falling on your allotted roster
- Preparation and presentation of referral documentation to the Financial Sector Conduct Authority for further investigation at monthly market abuse meetings
- Provide ongoing support to the FSCA investigations until the completion of the investigation
- Price manipulation reviews across asset classes (cash equities, commodity derivatives, bond market)
- Monitor and independently conduct reviews of allegations of prohibited trading practices to identify prohibited trading practices
- Review and signoff of market abuse alerts
- Conduct quarterly alert optimization reviews
- Real time monitoring and review of share price reactions to identify prohibited trading practices
- Preparation and presentation of referral documentation to the Financial Sector Conduct Authority for further investigation at monthly meetings
- Provide ongoing support to the FSCA investigations
- Derivative profit and loss reviews
- Execution of derivative profit and loss reviews
- Adjudication of error trades across asset classes
- Execution of all other surveillance processes in line with agreed timelines
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