CMS Analyst - Communications & Trade Surveillance (Fixed Income) Location: London
Corporate Title: Analyst
Department: Compliance Service Unit (CPLE)
Reporting Line: UK Head of Surveillance
Employment Type: Temporary
About the Role We are seeking a highly motivated CMS to join our Communications & Trade Surveillance team, with a strong focus on Fixed Income and FX markets.
This role sits within the Compliance Service Unit (CPLE), responsible for safeguarding the firm's market integrity through robust monitoring, detection, and escalation of market conduct risks.
You will play a critical role in proactively identifying potential market abuse, conduct breaches, and regulatory risks through both communications and trade surveillance activities, with an initial focus on communications and a clear Pathway into trade surveillance coverage.
Key Responsibilities Surveillance & Risk Monitoring - Conduct communications surveillance across Fixed Income and other capital markets desks, identifying potential misconduct, market abuse, or regulatory breaches
- Progress into trade surveillance coverage across Fixed Income and FX products, analysing trading patterns and behavioural anomalies
- Investigate alerts and produce high-quality case reviews, ensuring clear documentation and escalation where necessary
- Maintain strong oversight of market conduct risks, including insider trading, front running, spoofing, and information leakage
Regulatory & Control Framework - Ensure compliance with UK and global regulatory obligations related to surveillance (FCA, MAR, etc.)
- Contribute to regulatory reporting and internal investigations, including audit and supervisory reviews
- Support the ongoing development of surveillance frameworks, controls, and methodologies
Global Collaboration & Stakeholder Engagement - Collaborate with global surveillance teams across London, Paris, Casablanca, APAC, and AMER
- Partner with business and compliance stakeholders to enhance surveillance coverage and effectiveness
- Represent Surveillance in key discussions on risk, controls, and regulatory topics
Innovation & Continuous Improvement - Drive improvements in surveillance tools, detection scenarios, and analytics
- Develop and enhance metrics (KPIs/KRIs) and management information reporting
- Identify emerging risks and implement proactive surveillance solutions
Leadership & Development - Provide guidance and support to junior team members
- Contribute to training, knowledge sharing, and best practice development
- Participate in strategic initiatives shaping the future of surveillance capabilities
What We're Looking For Experience & Knowledge - 3+ years' Experience within surveillance, compliance, or Front Office support
- Strong understanding of Fixed Income and/or FX markets
- Exposure to communications and/or trade surveillance frameworks and tools
- Knowledge of market abuse regulations and conduct risk frameworks
Skills & Competencies - Strong analytical and investigative mindset with attention to detail
- Ability to manage multiple surveillance reviews and priorities simultaneously
- Excellent documentation and communication skills
- Proven ability to work collaboratively in global teams
- Proactive, solutions-oriented approach with a focus on continuous improvement and innovation
Additional - Experience with industry surveillance platforms (eg, NASDAQ SMARTS, Actimize, Behavox) is advantageous
- English required; French or other languages beneficial
Why Join Us - Be at the forefront of market conduct and surveillance within Fixed Income and FX
- Gain exposure to both communications and trade surveillance disciplines
- Work in a global, collaborative environment with strong regulatory visibility
- Contribute to high-impact projects shaping surveillance strategy and innovation
Conduct & Compliance Expectations All employees are expected to:
- Act with integrity, skill, care, and diligence
- Uphold market conduct standards and regulatory expectations
- Promote a strong compliance culture and ethical behaviour
Core Values - Team Spirit: Driving collective success across global teams
- Innovation: Enhancing surveillance capabilities and tools
- Responsibility: Acting with integrity and accountability
- Commitment: Delivering excellence in risk management
- Client Orientation: Protecting market integrity and client trust
Location
London, UK
Trading as TEKsystems. Allegis Group Limited, Bracknell, RG12 1RT, United Kingdom. No Allegis Group Limited operates as an Employment Business and Employment Agency as set out in the Conduct of Employment Agencies and Employment Businesses Regulations 2003. TEKsystems is a company within the Allegis Group network of companies (collectively referred to as "Allegis Group"). Aerotek, Aston Carter, EASi, Talentis Solutions, TEKsystems, Stamford Consultants and The Stamford Group are Allegis Group brands. If you apply, your personal data will be processed as described in the Allegis Group Online Privacy Notice available at our website.
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