Trade Surveillance Analyst

Overview

We are seeking an experienced Trade Surveillance Analyst to join our APAC Compliance team, based in either Sydney or Hong Kong. This role focuses on market abuse surveillance and the enhancement of our surveillance framework. You will work closely with Trading, Technology, and Compliance teams to ensure our surveillance systems are robust, risk-focused, and aligned with evolving regulatory expectations.

The successful candidate will develop a deep understanding of the firm’s strategies, products, algos, and market structure in order to provide practical, commercially aware compliance guidance. This is an excellent opportunity for someone with strong market abuse experience who is keen to play an active role in shaping and improving surveillance controls and processes within a fast paced, Trading environment.

What you’ll do

• Build a strong understanding of desk structures and trading strategies to deliver risk-based and commercially aware surveillance
• Review and triage surveillance alerts, investigate potentially suspicious activity, and contribute to regulatory reporting where required
• Develop, enhance, and update surveillance rules to improve effectiveness, reduce false positives, and ensure alignment with regulatory developments
• Partner with Technology and Trading to prioritise and implement surveillance enhancements, including performing UAT and improving alert data quality and system logic
• Support the ongoing maintenance of the surveillance framework, including documentation, system issue resolution, and cross-jurisdictional coverage where applicable

What we’re looking for

• Approximately 3-5 years’ experience in trade surveillance, with a strong focus on market abuse
• Experience investigating market abuse typologies (e.g., spoofing, layering, momentum ignition, insider dealing)
• Experience across equity and/or derivative markets in a compliance or surveillance role particularly in relation to algorithmic trading activities
• Strong working knowledge of Market Regulation across APAC jurisdictions
• Experience in rule development, calibration, or optimisation within a surveillance Comfortable building strong relationships and engaging directly with traders and desk heads in a fast-paced trading environment
• Commercially aware, with strong judgement and the confidence to make decisions while recognising when to escalate
• Experience with data analysis tools (e.g., Excel, SQL).
• Strong analytical skills with the ability to assess trading behaviour in context; detail-oriented with a structured and methodical approach to investigations;
• Strong written communication skills, particularly in drafting clear investigation summaries and regulatory reports
• Ability to manage competing priorities in a fast-paced trading environment
• Collaborative team player with the confidence to engage constructively with traders, technology teams, compliance colleagues and senior stakeholders.

What’s in it for you

• Our flat hierarchy enables you to drive meaningful impact, by leveraging your expertise and taking ownership.
• Private healthcare and wellness initiatives.
• Daily office lunch allowance
• Employee Assistance and Education Assistance Programs
• Matched donations and corporate discounts

About Susquehanna Susquehanna is a global quantitative trading firm powered by scientific rigor, curiosity, and innovation. Our culture is intellectually driven and highly collaborative, bringing together researchers, engineers, and traders to design and deploy impactful strategies in our systematic trading environment. To meet the unique challenges of global markets, Susquehanna applies machine learning and advanced quantitative research to vast datasets in order to uncover actionable insights and build effective strategies. By uniting deep market expertise with cutting-edge technology, we excel in solving complex problems and pushing boundaries together.

What we do

Susquehanna’s deep integration of trading, technology and quant research makes us experts in trading essentially all listed financial products and asset classes, with a focus on derivatives. We handle millions of trading transactions around the world every day as both a market maker and market taker. Our efforts provide liquidity and ensure competitive prices for buyers and sellers. While our presence in the market is broad, our trading desks are highly specialised to allow for a deep understanding of the unique drivers of each asset class.

Equal Opportunity Statement

We encourage applications from candidates from all backgrounds, and we welcome requests for reasonable adjustments during the recruitment process to ensure that you can best demonstrate your abilities.

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