Job Description
Responsible for leading a team delivering effective market surveillance and investigation capabilities. This role is responsible for both real-time monitoring for potential disorderly markets activity and post-trade market abuse surveillance. The role balances operational leadership with strategic development of the surveillance function, ensuring consistent delivery of best-in-class regulatory compliance with FCA and AFM standards while driving continuous improvement in detection methodologies and team capabilities.
KEY RESPONSIBILITIES
1.1 Team Leadership & People Management
- Manage, coach, and develop members of the Market Supervision team
- Conduct performance reviews, set objectives, and provide ongoing feedback aligned to organizational goals
- Lead recruitment, selection, and onboarding processes for team members
- Foster a culture of excellence, collaboration, and continuous learning
- Manage workload allocation, shift schedules, and resource planning to ensure operational coverage
- Address performance issues and support career development pathways
- Champion diversity, equity, and inclusion within the team
1.2 Operational Oversight & Quality Assurance
- Oversee daily surveillance operations, ensuring timely and accurate detection of potential market abuse
- Identify and respond to real-time disorderly markets incidents and work with the team to take appropriate actions
- Review and approve complex investigation recommendations for regulatory referral
- Ensure quality standards are maintained across all surveillance activities and documentation
- Monitor key performance indicators and surveillance metrics; drive corrective actions as needed
- Provide escalation support for high-priority or sensitive investigations
- Ensure adequate shift coverage and business continuity planning
1.3 Strategic Development & Framework Enhancement
- Contribute to the strategic direction of the Market Supervision function
- Lead initiatives to enhance surveillance frameworks, tools, and methodologies
- Drive implementation of new technologies and analytical capabilities
- Assess emerging market abuse typologies and develop monitoring responses
- Review and update policies, procedures, and operating standards in response to regulatory changes
- Identify opportunities for process optimization and efficiency gains
1.4 Regulatory Compliance & Risk Management
- Ensure all surveillance activities comply with FCA, AFM and all other applicable regulatory requirements
- Maintain expert-level knowledge of Market Abuse Regulation (MAR) and exchange obligations
- Oversee preparation of regulatory submissions, reports, and responses to regulatory enquiries
- Monitor regulatory developments and assess impact on team operations
- Manage regulatory audit readiness and support audit responses
- Identify and escalate regulatory risks to Head of Market Supervision
1.5 Stakeholder Engagement & Cross-Functional Collaboration
- Act as primary liaison with Compliance, Legal, Trading Operations, and Technology teams
- Represent Market Supervision in internal committees, working groups, and senior management forums
- Build and maintain relationships with FCA and other regulatory bodies as appropriate
- Engage with trading participants on surveillance matters requiring management-level discussion
- Prepare and deliver management reporting on surveillance trends, incidents, and key metrics
- Contribute to broader organizational initiatives impacting market integrity
1.6 Budget & Resource Management
- Support Head of Europe Market Supervision in budget planning and resource forecasting
- Manage team expenses and vendor relationships related to surveillance tools and services
- Optimize resource allocation to balance operational delivery with strategic projects
2. REQUIRED QUALIFICATIONS & EXPERIENCE
- Experience: - 8+ years’ experience within financial services, including significant time in market surveillance, regulatory compliance and/or trade monitoring/analytics roles – Ideally 3+ years’ people management experience with demonstrated success leading teams
- Market Abuse Expertise: - Deep expertise in market abuse detection, investigation methodologies, and regulatory frameworks - Proven track record developing and implementing surveillance frameworks or technology solutions - Experience managing regulatory relationships and audit processes
- Regulatory Knowledge: - Comprehensive understanding of MAR, FCA/AFM regulatory expectations, and exchange obligations - Deep familiarity with market microstructure, trading strategies, and abuse typologies - Knowledge of trade reporting requirements and data quality standards
- Technical Skills: - Advanced analytical and data interpretation capabilities - Understanding of surveillance technology platforms and data architecture – Familiarity with programming/scripting for data analysis (Python, SQL) highly desirable - Strong business acumen and change management capabilities
3. COMPETENCIES
Leadership Competencies:
- People Leadership: Inspires, coaches, and develops high-performing teams; creates inclusive environment
- Strategic Thinking: Translates business objectives into operational plans; anticipates future needs
- Change Management: Drives improvement initiatives; manages resistance and builds buy-in
- Decision Making: Makes sound judgments balancing risk, compliance, and business considerations
- Stakeholder Influence: Builds credibility and influence across organizational levels and external parties
Technical Competencies:
- Surveillance Expertise: Deep knowledge of detection methodologies and investigation techniques
- Regulatory Acumen: Expert understanding of regulatory requirements and supervisory expectations
- Analytical Excellence: Interprets complex data and identifies systemic issues or trends
Behavioral Attributes:
- Accountable for team performance and outcomes
- Resilient and composed under pressure
- Collaborative and builds effective cross-functional relationships - High integrity and professional judgment
- Results-oriented with focus on continuous improvement
- Excellent communication and presentation skills
4. WORKING CONDITIONS
- Hybrid working environment with flexibility based on team needs and operational requirements
- Shift-based team coverage (07:00-15:00 / 10:00-18:00) with rotation schedule and potential shift lead responsibilities
- Availability required for escalations during extended trading hours and market events
- Occasional travel for regulatory meetings, industry conferences, or Cboe office collaboration
Benefits and Perksof working for Cboe Global Markets
We value the total wellbeing of our people – including health, financial,personaland social wellness. We believe standard benefits like health insurance and fair pay area givenatany organization. Still, you shouldknowwe offer:
- Private Medical Insurance
- Fitness Corporate Membership
- EmployeeassistanceProgram (EAP)
- Short Term Incentive (STI)
- Business Travel Insurance
- Associate Referral Program
- Employee Stock Purchase Plan (ESPP)
- LinkedIn Learning courses
- Other Forms Enhanced Leave (Maternity, Paternity, Adoption, Compassionate Leave, Community Service / Volunteering Day & School Visit)
- Working Abroad Days Allowance
More About CboeEurope
We’rereimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one.We’reinvesting deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed.
We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion.We’rean engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.
Learn more about life at Cboe onour websiteandLinkedIn.
Equal Employment Opportunity
We'reproud to be an equal opportunity employer do not discriminate against any employee or applicant for employment based on any legally protected characteristic, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, orVeteran status. We are committed to fostering a workplace where all individuals are valued and respected.
Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a @cboe.com email or via LinkedIn Recruiter. Cboe does not use any otherthird party communication tools for recruiting purposes.
