Head of Market Oversight

Posted 3 Days Ago
Be an Early Applicant
London, Greater London, England
Senior level
Fintech • Financial Services
The Role
The Head of Market Oversight oversees daily operations in the trading area, ensures compliance with regulations, and manages market surveillance systems. They lead a team, represent the division in various internal and external engagements, and foster relationships to achieve operational objectives.
Summary Generated by Built In

Head of Market Oversight

Shift Pattern:

Standard 40 Hour Week (United Kingdom)

Scheduled Weekly Hours:

40

Corporate Grade:

B - Senior Vice President

Reporting Line:

(UK Division) Trading & COO

Location:

UK-London

Worker Type:

Permanent

Overall Purpose of Role:

The Head of Market Oversight is responsible and accountable for the day-to-day operational management of the Trading business, covering Electronic Trading, Reference Price Generation, Inter-Office Trading and Market Surveillance.

The role has overall responsibility for the daily running, and operational resilience of all the LME’s trading venues and will work closely with the core operations areas, including Trading Operations, Market Surveillance and Post-Trade Operations to ensure that the work is carried out effectively on a daily basis and meets all applicable regulations.

The role will maintain oversight of the LME’s market surveillance systems, function and development to ensure current and changing regulatory and compliance requirements are met.

Responsibilities:

Strategic understanding

  • Have a deep understanding of the nature of exchange and clearing house services to provide input on relevant issues across both entities

  • Represent the team, or ensure appropriate representation is available, at internal working groups/committees, supporting the Head of Trading & COO or leading on any projects as appropriate

  • Work closely with external stakeholders where required to provide leadership and guidance on relevant market issues

Team input

  • Take a key role in the activities of the wider Market Oversight team

  • Support the Head of Trading & COO within the initiatives and projects the Market Oversight team are working on

  • Adopting and promoting the organisations core values

  • Communicate fluently and confidently at all levels internally and externally

  • Coordinate with other staff in similar positions to share best practices and industry knowledge

HKEX Group 

  • Build and maintain strong and collaborative working relationships with teams at HKEX to leverage people and processes across the group

  • Support the HKEX Group in the delivery of the global business agenda agreed with the HKEX and subsidiary boards

Academic and Professional Qualifications Required:

  • Degree-level educated or strong vocational equivalent

Required Knowledge and Level of Experience:

  • Good direct experience of working in a regulatory-related area in  the LME or other similar commodity futures markets, ideally in either an exchange or within a commodities or derivatives sector

  • Significant experience of incident management and problem solving

  • Detailed understanding of the regulation applicable to a regulated investment exchange.

  • A high level of understanding of trade monitoring and trading behaviours

  • Degree-level educated or strong vocational equivalent

Skills set and Core Competencies Required for Role:

  • Proven leadership/managerial skills

  • Excellent presentation skills

  • Excellent communication skills and strong interpersonal and negotiation skills

  • Ability to tailor messaging to difference audiences at all levels of seniority

  • Ability to influence through collaborative engagement

  • High level of attention to detail

  • Ability to demonstrate sound and reasoned judgment at all times

Personal Qualities:

  • Highly-motivated

  • Effective communicator with an ability to develop good relationships with colleagues and inspire confidence

  • Willingness to work independently and in a team environment

The LME is committed to creating a diverse environment and is proud to be an equal opportunity employer. In recruiting for our teams, we welcome the unique contributions that you can bring in terms of education, ethnicity, race, sex, gender identity, expression and reassignment, nation of origin, age, languages spoken, colour, religion, disability, sexual orientation and beliefs. In doing so, we want every LME employee to feel our commitment to showing respect for all and encouraging open collaboration and communication

The Company
Hong Kong, Hong Kong
1,723 Employees
On-site Workplace
Year Founded: 2000

What We Do

HKEX Group is a global exchange group, operating dynamic and integrated financial markets in Asia and Europe.

From our home in the financial hub of Hong Kong and an additional base in London, we provide world-class facilities for trading and clearing securities and derivatives in Equities, Commodities, Fixed Income and Currency.

Uniquely positioned at the intersection of Chinese and international capital flows, Hong Kong has long been Connecting China with the World. With the accelerated opening-up of China’s capital markets, HKEX continues to be at the forefront of this historic transition, which we believe will Shape the Global Market Landscape

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