Control Room Monitoring Specialist at RMB - Rand Merchant Bank

Job Description

• To monitor and report on trading activities, and provide advice in identifying potential compliance breaches and ensuring adherence to regulatory requirements
• To play a pivotal role in maintaining the integrity of the trading operations and upholding regulatory standards

Qualifications:

• Relevant risk management or compliance qualification

Experience required: > 5 years

• Industry experience: Experience in a corporate bank control environment
• Skillset required: Experience in managing MNPI, reporting, governance

Responsibilities:

• Monitor real-time trading activities to detect any potential compliance violations or market abuse.
• Review and analyse trading data, including trade orders, executions, and communications, to ensure compliance with regulatory requirements.
• Investigate and escalate any suspicious trading activities or breaches of compliance policies and procedures.
• Collaborate with traders, compliance officers, and other stakeholders to address compliance issues and implement corrective measures.
• Assist in the continued enhancement/digitisation of the Control Room and the build out of an expanded Control Room including policy and innovation.
• Maintain comprehensive records and documentation of monitoring activities and compliance assessments.
• Stay updated on regulatory developments and changes in market rules and regulations.
• Participate in the development and enhancement of control room monitoring processes and tools.
• Maintain information barriers and manage flow of material non-public information.
• Engage in the day-to-day review and clearance of research publications in compliance with research rules and to identify potential conflicts of interest.
• Perform conflict of interest assessments across pipeline/opportunities, opportunity related parties and opportunity team members.
• Conduct periodic reviews and assessments of trading activities to identify trends and patterns.
• Provide guidance and training to traders and other personnel on compliance policies and procedures.
• Assist in the preparation of regulatory reports and submissions as required.
• Coordinate with internal audit and external regulators during compliance examinations and inquiries.
• Contribute to the continuous improvement of compliance monitoring and surveillance capabilities.
• Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability.
• Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimise redundancy.
• Identify development needs and select effective solutions to address own development need.