Director, Monitoring and Surveillance

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Job description

Connect to your Industry

Reducing financial crime is a key priority for regulators, authorities and governments globally. Organised crime groups, money launderers, terrorists and fraudsters are increasingly using sophisticated international networks and financial systems to move or store funds and assets or commit fraud. Financial institutions are particularly vulnerable due to the nature of their businesses and the volume of transactions and client relationships they manage. Regulators are also focused on maintaining the integrity and fair functioning of financial markets, but reducing market manipulation and insider dealing, meaning firms must ensure strong controls to detect and monitor for misconduct by their employees and customers. Global financial institutions also face multiple legal and regulatory requirements in the UK, US and other countries where they do business.

In recent years, we have witnessed an increased willingness of regulators to pursue individual firms and impose tougher penalties for breaches of regulations, involving fines in the millions. In the UK, the Financial Conduct Authority's agenda suggests a continued focus on systems and controls issues through further thematic review work, attestations and enforcement activity to reinforce credible deterrence and promote standards across the industry.

The growth in demand for our services in this area provides an ideal opportunity for an enthusiastic new member of the team.

Connect to your career at Deloitte

Deloitte drives progress. Using our vast range of expertise, we help our clients' become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.

What brings us all together at Deloitte? It's how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other , foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most .

Connect to your opportunity

This is your opportunity to join Deloitte's growing Markets monitoring and Surveillance team within the Forensic practice, dedicated to providing services to protect, monitor and respond against the threats of market abuse and unauthorised trading. We also help our clients harness technology to pro-actively identify and address related challenges in a variety of industries.

Our Forensic group includes forensic accountants, law enforcement specialists, technology specialists and business intelligence experts. This range of skillsets enables us to bring great insight, value and problem-solving abilities to our clients' issues.

Your role will form part of the Markets monitoring and Surveillance team within Forensic, focusing on engagements related to market abuse surveillance and trading conduct.

As an Director, you will be expected to lead and help develop a team of junior resources while managing client engagements, as well as being heavily involved in setting the strategy of the team, business development and sales opportunities as an expert in the surveillance industry. Your responsibilities will vary depending on the focus of your client engagement and your skillset, but could include and/or require the following:

• Support strategy setting and growth plan for the Surveillance and Monitoring team, based in strong knowledge of industry priorities and likely growth areas
• Leading teams of Deloitte and client personnel to complete projects, such as:
  • Designing new and innovative methods to enhance firm's abilities to monitoring for misconduct and market abuse, and working with our data science and technology teams to bring these to life
  • Designing and embedding new operating models for improved surveillance in our clients' organisations
  • Supporting vendor selection and implementation of either Deloitte's or third party technologies for our clients
  • Risk and coverage assessments of supervision and surveillance functions
  • Effectiveness reviews and benchmarking of supervision and surveillance functions
  • Reviewing effectiveness of automated surveillance technology
• Providing thought leadership as a surveillance expert on the design and development of new surveillance technology solutions and methodologies
• Developing and sustaining new client relationships with senior decision-makers
• Developing new surveillance-related propositions and technology solutions and taking them to market
• Managing the planning and staffing projects for clients based on complex deliverables and programmes of work
• Leading the development of client bids and presentations of proposals.

Connect to your skills and professional experience

At Deloitte, our people are expected to have the professional and personal skills to provide a distinctive client experience during our engagements. We understand that we need different types of people with different skills to provide our clients with the best possible service. So whether you are a delivery specialist, regulatory advisor or technical master you will be able to find something exciting and entertaining.

To qualify, you must possess demonstrable knowledge, a proven ability to deliver with strong experience in market abuse surveillance.

Essential

• Deep sector-specific expertise and business understanding gained in banking or capital markets
• Excellent understanding around the themes of misconduct and market abuse, and insight into how these are monitored for, and the challenges of doing so
• In depth understanding of relevant regulation and the associated surveillance impacts
• Significant experience in reviewing processes and controls, suggesting process improvements and highlighting inadequate or ineffective controls
• Excellent interpersonal skills and strong evidence of designing solutions to problems and the ability to translate design into implementation actions
• Strong existing relationships with potential client stakeholders and ability to build and maintain new relationships
• Experience in leading workshops, sessions or meetings with various business or technical stakeholders to define requirements or strategic objectives for Financial Crime related issues
• Evidenced ability to lead sales activity, from identifying opportunities for client engagement, designing responses to market offerings through to leading oral presentations
• Excellent people management skills and experience in building, developing and leading diverse teams, fostering an environment of learning, inclusion and support
• Deep interest in innovation and a drive to build personal eminence in the industry
• Continual pursuit of broadening the skills of themselves and the team
• Advanced writing skills including design thinking, sentence construction, punctuation, syntax etc.
• Advanced presentation skills including presentation design and delivery

The following will be considered an advantage:

• Experience working in front office supervision or surveillance functions at large financial services firms
• Experience working in financial markets trading environments

Connect to your business - Strategy, Risk & Transactions Advisory

In an ever-evolving world, there are no certainties in business. Our teams help clients to navigate risks, process major transactions and deliver transformational change that will future-proof their business. Join us to make a positive difference.

Forensic & Financial Crime

Our teams in Forensic and Financial Crime provide proactive advice, transformation and operational support to help clients protect their brand and navigate financial crime risks, including money laundering, fraud and corruption.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.

Connect with your colleagues

"Deloitte is changing the mentality to agile working and the diversity debate. In terms of actual goals and openness to different ways of working, the firm is leading the way." - Janice, SR&T Advisory

Our hybrid working policy

You'll be based in London with hybrid working.

At Deloitte we understand the importance of balancing your career alongside your home life. That's why we'll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you'll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You'll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.

Connect to your return to work opportunity

Are you looking to return to the workplace after an extended career break?

For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of two years or more. If this is relevant for you, just let your recruiter know when you make your application.

Our commitment to you

Making an impact is more than just what we do: it's why we're here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.

We want you. The true you. Your own strengths, perspective and personality. So we're nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we'll take your wellbeing seriously, too. Because it's only when you're comfortable and at your best that you can make the kind of impact you, and we, live for.

Your expertise is our capability, so we'll make sure it never stops growing. Whether it's from the complex work you do, or the people you collaborate with, you'll learn every day. Through world-class development, you'll gain invaluable technical and personal skills. Whatever your level, you'll learn how to lead.

Connect to your next step

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you'll experience a purpose you can believe in and an impact you can see. You'll be free to bring your true self to work every day. And you'll never stop growing, whatever your level.

Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careers

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