Job Description

Surveillance Analyst

What you'll be doing

This Analyst Level 1 role within the Surveillance & Investigations team is responsible for the initial review and triage of surveillance Level 1 Analysts play a critical role in identifying and escalating that warrant further investigation, including those that may lead to the submission of Suspicious Transaction or Order Reports (STORs) or Suspicious Activity Reports (SARs) related to financial crime.


The Surveillance & Investigations team carries out the essential role of detecting and deterring market misconduct and financial crime (which includes money laundering, terrorist financing, bribery and corruption, sanctions breaches, facilitation of tax evasion, fraud, modern slavery, insider dealing and market manipulation). An in-house developed surveillance system provides automated capabilities across a number of key market abuse and financial crime scenarios for review by the team who escalate any unusual or suspicious behaviour to the Surveillance & Investigations Team Leaders. In addition, an automated e-communications system is used to detect a broad range of potential risks that require review including suspicious behaviour, financial crimes, market misconduct, conflicts of interest, anti-competitive behaviour or leaks of confidential information. A manual monitoring programme is conducted alongside the review of automated incorporating spreadsheet-based data analysis and targeted monitoring of voice communications. It is expected that Analysts establish a broad understanding across all areas of financial crime and market conduct risks and are able to recognise and investigate suspicious behaviours that require escalation. Analysts support the function by executing various processes that help reduce residual risks and maintain compliance with the Bank's policies and procedures relating to Financial Crime, Market Conduct and Business Conduct. The role requires the ability to work independently, use good judgment and handle sensitive matters with discretion.

What you'll need to be successful

We're looking for the following skills and experience. If you don't have all of these but think you could be a good fit for the role, get in touch.

Surveillance Operations: Conduct automated and manual surveillance in line with established procedures. + Identify and escalate potential market misconduct or suspicious transactions. o Perform communications surveillance to detect risks such as financial crime, market abuse, conflicts of interest, anti-competitive behaviour, and data leaks.
Data Management & Analysis: o Maintain accurate records of investigations, and outcomes. + Support manual monitoring through spreadsheet-based analysis, including VBA-enhanced tools.
Knowledge & Compliance: o Stay informed on market developments and relevant financial crime and conduct regulations. + Ensure adherence to internal policies and regulatory expectations.
System & Process Support: o Assist with testing and evaluation of surveillance system enhancements. + Support ad-hoc projects, including regulatory/exchange enquiries and related remediation.
Internal Collaboration & Reporting: o Respond to internal reviews (e.g., Internal Audit, Compliance Monitoring). + Liaise with stakeholders across the business on surveillance matters.
+ Contribute to risk assessments, management reporting, and training delivery

Preferred Qualifications and Experience

Higher level education Excel VBA skills (optional) Experience working in a Surveillance unit within a regulated financial institution, ideally an Investment Bank or Broker Dealer. Experience working with transaction, client and firm static data. Experience analysing and presenting data within Excel or other reporting tools.

Knowledge, technical skills and expertise:

Understanding of Financial Instruments and Regulated Markets Understanding of Commodity products and experience in Commodity market abuse monitoring Understanding of Investment Banking/Primary Markets transactions Understanding of relevant Market Abuse laws, regulations and guidelines Understanding of Financial Crime rules and regulations, including rules and regulations on anti-money laundering (e.g. the Joint Money Laundering Steering Group (JMLSG) guidance), counter-terrorism, anti-bribery and corruption, sanctions and fraud. Understanding of client onboarding processes Understanding of FCA relevant Market Conduct rules IT skills including proficient level of Microsoft Excel Highly numerate with demonstrable skills in the compilation and manipulation of data Drafting skills ability to draft to a high standard.

Why should you join us?

ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We're headquartered in London, with operations in Shanghai, Singapore and New York.


We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential.


Our vison statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity.


We're committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination.

What's in it for you?

Financial market-based pay based on skills and experience, discretionary annual bonus, pension contribution 10% (employee contribution 5%), travel insurance, life assurance and income replacement insurance. Hybrid working the option to work remotely up to two days per week, depending on the role. Family - 6 months fully paid maternity leave and enhanced shared parental leave. Coaching for family leave returners and access to emergency care via My Family Care. Miscarriage and menopause policies. Wellbeing - private medical insurance, Bike2Work scheme, health and fitness subsidy, holiday exchange and an Employee Assistance Programme. Community paid volunteering leave and Give As You Earn scheme. Vibrant CSR and engagement forums and fundraising for our charity partners. Development a suite of opportunities to build the skills you need to excel in your role
If you're excited about becoming part of our team, get in touch. We'd love to hear from you!


ICBCS has appointed Robert Walters Outsourcing (RWO) to manage its recruitment process and Preferred Supplier List (PSL). Unsolicited CVs sent directly to ICBCS or its staff from non-PSL agencies will not be accepted and no fees will be paid for such submissions.