Trade Surveillance Compliance CIB Manager

About the area

As set forth in the BBVA Group's Code of Conduct, the Compliance area is a global function entrusted with the responsibility of promoting and overseeing, with independence and objectivity, that BBVA operates with integrity. This is particularly relevant in areas such as conduct in securities markets, preventing money laundering and corruption, protecting customers and investors, and other matters that may pose a reputational risk to BBVA.

Within the Compliance CIB unit, the Trade Surveillance team is responsible for detecting and investigating Suspicious Transactions related to the use of Insider Information and Market Manipulation for reporting to the Supervisors. This function is part of the broader team dedicated to establishing mechanisms, procedures, and controls to ensure ethical conduct in financial markets.

About the role

We are looking for a Manager to join the Trade Surveillance team in London. The selected candidate will be in charge of managing the processes for detecting suspicious transactions related to market abuse, including both the illicit use of insider information and market manipulation.

We are looking for a Manager to join our Trade Surveillance team in London.

The selected candidate will:

• Oversee processes for detecting suspicious transactions related to market abuse.
• Detect and investigate cases of insider trading and market manipulation.
• Work with various financial asset classes, including equities, fixed income, FX, derivatives, carbon credits, and crypto assets.
• Utilize Visual Basic for Applications (VBA) in Excel to streamline daily tasks and troubleshoot operational issues.
• Analyze alerts from surveillance systems and escalate cases to the Suspicious Transactions Committee when necessary.

Main Responsibilities

• Manage tools for detecting market manipulation and insider trading
• Analyze & investigate alerts to identify potential market abuse cases.
• Calibrate alert scenarios for suspicious transaction detection systems.
• Prepare case files for potential Suspicious Market Abuse Transactions and present them to the Internal Suspicious Transactions Committee.
• Lead project management initiatives to improve processes, develop new controls, and design new surveillance tools.
• Draft internal policies, procedures, and compliance manuals related to Market Abuse regulations.
• Collaborate with cross-functional teams, especially Trading and Sales teams within Global Markets.
• Interact with regulators and supervisory authorities.
• Develop and deliver training materials on Market Abuse compliance.

Qualifications

• Academic background in Economics or Engineering, preferably with a Master’s degree or relevant certifications.
• Minimum 7 years of experience in financial market operations or control units.

Professional Experience

• Experience in financial markets-related roles.
• Ability to adapt and respond to challenges in market operations supervision.
• Expertise in analyzing and implementing regulatory changes in trade surveillance.
• Experience in process optimization and oversight of new financial instruments under Market Abuse regulations.

Key Requirements:

• Strong adaptability and ability to work closely with business teams.
• Ensure regulatory compliance while supporting business growth.
• C1-level English is required. Spanish is a plus.
• Advanced Excel skills (VBA knowledge is a plus).

Technical Skills (Valued)

• Experience with internal surveillance tools (Escenia, Nácar, MAG).
• Familiarity with external software (Nice Actimize, MUREX, Star, Eikon Refinitiv, VoxSmart).
• Quantitative-oriented profile, with potential expertise in programming (e.g., Python), proficiency in Power BI tools, and strong data analysis capabilities.

Soft Skills

• Deep understanding of financial market dynamics.
• Excellent communication and teamwork.
• Strong organizational and project management skills.
• A numerical and analytical mindset is essential.