Risk Manager – Market Abuse Surveillance
Sofia, Bulgaria
Arrangement
On-site (Full-time)
Experience Level
Mid-to-Senior Level
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About the Role
The Risk Manager – Market Abuse Surveillance is responsible for overseeing the surveillance of trading activity to identify, investigate and escalate potential market abuse, including suspected insider dealing and market manipulation. The role combines detailed alert analysis, risk-based monitoring, effective case management and ongoing enhancement of surveillance controls.Key Responsibilities
- Monitor orders, trades and related trading activity across relevant instruments and markets to identify patterns that may indicate market abuse.
- Operate specialized trade surveillance software to review alerts, analyse trading behavior, investigate unusual activity and identify potential breaches of market abuse requirements.
- Conduct risk-based analysis of trading behaviour, client activity and relationships, using available market data and account information to assess potential concerns.
- Document investigations clearly, including the rationale for decisions, supporting evidence, outcomes and any follow-up actions.
- Escalate material or suspicious cases promptly to Compliance and other relevant stakeholders, supporting the assessment and preparation of Suspicious Transaction and Order Reports (STORs) where applicable.
- Maintain accurate case records, surveillance logs, management information and audit-ready documentation.
- Support the design, review and ongoing calibration of surveillance scenarios, thresholds and rules to improve alert quality and identify emerging risks.
- Assess recurring alerts, false positives and control gaps; recommend enhancements to surveillance coverage, procedures and workflows.
- Prepare regular reporting on alerts, investigations, trends, key risk indicators and material cases for senior management.
- Keep up to date with relevant market abuse regulations, regulatory guidance, market practices and emerging typologies, and help translate them into effective controls.
- Work closely with Compliance, Trading, Operations, Legal and Technology on investigations, control improvements, system testing and implementation.
Qualifications & Experience
- Bachelor’s degree in Finance, Economics, Business, Accounting, or a STEM discipline.
- Experience in risk, trading or operations within a broker, investment firm, hedge fund, asset manager or bank.
- Experience in market abuse surveillance, compliance monitoring, trade surveillance or a related risk/control role is an advantage.
- Good understanding of financial markets, trading instruments, order and trade lifecycles, and common indicators of insider dealing and market manipulation.
- Strong Excel skills; SQL, Python or data-analysis experience is an advantage.
- Fluency in English.
What We Offer
- Competitive salary and benefits package.
- Opportunities for professional development and career progression.
- Exposure to a broad range of investment products, trading activity and financial markets.
- A collaborative, high-performing and supportive work environment.