Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

MUFG has a global network spanning 50+ markets, with over 2,000 offices worldwide, and over 360 years of history. We offer services across commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing, providing stability and expertise in a dynamic financial landscape.

This temporary assignment will be working at MUFG, and may involve working at an MUFG site, you will however be contracted through Magnit Global, a UK registered employment business with the company registration number 05537535.

Trade Surveillance Officer:

The primary purpose of this role is to perform Level 2 trade surveillance alert reviews and investigations. This includes detecting, monitoring, analysing and investigating trading activities of MUFG and its clients to identify possible violations of market abuse regulatory requirements and MUFG trading and compliance policies. In particular, this involves investigating alert referrals submitted by the Level 1 (L1) offshore surveillance team or escalations from the Front Office, ensuring that each case is assessed promptly and thoroughly. You will be responsible for identifying potential indicators of market abuse and escalating cases where appropriate, including those that may lead to the submission of Suspicious Transaction or Order Reports (STORs) to the regulator.

Key responsibilities:

• Reviewing and investigating all referrals made by the offshore L1 team of automated surveillance alerts; documenting and analysing all relevant information to determine if any concerns of suspicious activity merit escalation to the Trade Surveillance Senior Manager and EMEA Head of Surveillance.
• Making requests for information and investigative enquiries to first and second line stakeholders to support fact finding, evidence collation and investigative work.
• Utilising multiple information sources, including external market data, internal trading sources, communications data, trading mandates and information from the market conduct risk assessment, to conduct thorough investigations of trade surveillance alerts and cases.
• Engaging and coordinating with Surveillance and Compliance teams from other MUFG entities to share knowledge and perform joint investigations 
• Supporting, conducting and documenting STOR investigations in relation to potential insider dealing and market manipulation, as and when required.
• Working collaboratively with the L1 team, overseeing the quality of alert disposition and providing feedback to support training efforts. 
• Conducting analysis of alert/referral patterns and escalation trends to identify emerging risks, behavioural anomalies, and potential market abuse issues.
• Demonstrating a deep understanding of financial markets, covering major asset classes such as equities, fixed income, FX, repos, and derivatives—including but not limited to futures, swaps, options and structured products.
• Having a comprehensive knowledge of relevant regulations and international standards, supporting MUFG's adherence to MiFID II, MAR, FX Global Code, Volcker Rule, amongst others.
• Build relationships with wider Compliance, the Front Office teams and Technology in respect of escalation of issues including collating evidence and documenting supporting rationale.
• Using automated communications surveillance systems to identify relevant communications between transaction participants and staff to enhance the investigation of trade surveillance referrals.
• Assisting in the preparation of management information for periodic Compliance reports to senior management and wider committees.
• Ensuring that the second line Compliance staff act as an independent challenge to the front office, escalating any concerns about breaches of law, regulation or internal policies.

Key Skills/Experience:

• Minimum of 6 years of practical experience in a trade surveillance function within an investment banking environment.
• Experience in executing and managing detailed market abuse enquiries and investigations 
• In-depth knowledge and expertise of the UK / EU Market Abuse Regulation, other relevant global regulations (e.g., MiFID II, Dodd Frank Act) and relevant FCA regulatory requirements and expectations on market abuse surveillance programmes.
• Strong knowledge and understanding of UK and EU financial markets across major asset classes, including equities, fixed income, repos, FX, and derivatives (options, futures, swaps, structured products), trading behaviours and market abuse typologies.
• Familiarity with surveillance technologies and optimization techniques.
• Proficiency with trade surveillance platforms such as KX, Nasdaq SMARTS, or similar automated tools would be advantageous.

MUFG is committed to diversity and inclusion, valuing all employees and opposing discrimination based on age, gender, sexual orientation, disability, race, religion, or any other protected characteristic. Recruitment decisions are made fairly, focusing on the right skills for the role. This temporary assignment will be working at MUFG, and may involve working at an MUFG site, you will however be contracted through Magnit Global, a UK registered employment business with the company registration number 05537535.

Magnit Global is a leading, global professional services and technology company. We have been a leader in contingent workforce management since 1991 and work with leading Fortune 500 companies and other large organizations across numerous verticals including consumer electronics, research and development, pharmaceuticals, health services, and many more. To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion. As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.