Director, Front Line Monitoring
Job Summary:
The Front Line Monitoring (FLM) team plays a vital role in overseeing controls, processes, and post-trade analysis of client transactions. The team ensures adherence to best execution obligations and fair client treatment, enabling responsible revenue generation by:

• Alerting on potential compliance risks
• Advising on best execution responsibilities
• Assisting supervisors in upholding regulatory standards

Key Responsibilities
Strategy & Oversight:

• Serve as a bridge between 1st and 2nd line functions to ensure best execution outcomes.
• Identify and escalate potential issues in client flow management.
• Challenge existing controls, strengthen monitoring, and highlight systemic risks.
• Continuously assess and close process gaps, prioritizing high-risk areas.
• Remain updated on internal and external regulatory requirements and principle-based guidelines.

Business & Risk Management:

• Maintain awareness of prevailing market conditions and the business environment.
• Provide robust challenge to senior management when risk thresholds are exceeded.
• Oversee and initiate corrective actions for activities falling outside of risk appetite.

Monitoring & Process Enhancement:

• Improve efficiency in day-to-day monitoring as scope expands.
• Leverage trading knowledge to analyze client transactions and detect non-compliant activity.
• Conduct detailed reviews of trade executions, factoring in market influences.
• Analyze large volumes of transactions using Excel and internal order management systems.
• Monitor execution quality across asset classes: FX spot, forwards, swaps, NDFs, and options.
• Retrieve and analyze market data using Bloomberg, Reuters Eikon, and internal tools.
• Generate in-depth reports including tick data, blotter histories, trader communication, and order tracking.
• Communicate findings effectively with global trading and sales teams; escalate issues when necessary.
• Collaborate with the BEAM (automated monitoring) team to optimize monitoring capabilities.

Ideal Candidate Profile:

• 10+ years of experience in banking, ideally within trading, sales, or surveillance roles in the first line of defense.
• Strong understanding of markets, risk management practices, and compliance frameworks.
• Ability to operate independently in a fast-paced, high-pressure environment.
• Sharp analytical skills with strong attention to detail and process awareness.
• Excellent communication and stakeholder management skills.
• Proven experience handling regulatory matters and engaging with regulators.
• Collaborative and outcome-driven mindset.

Technical Competencies:

• Proficiency in MS Office
• Solid understanding of trading/sales risk management
• Strong decision-making capabilities in dynamic environments
• Effective coordination across business and functional teams
• Clear and concise reporting and communication skills

Please get in touch with Leon Bosco regarding this role.