Market Oversight Business Intelligence Data Engineer

Salary: National £51,200 to £64,000 and London £56,400 to £71,000

Are you keen on joining a dynamic team dedicated to enhancing Market Oversight's capacity to understand and monitor the UK's Wholesale Markets?

The Team/Department

The Secondary Market Oversight department addresses all aspects of market abuse within secondary markets including data collection and processing, detection, investigation, supervision, and enforcement referrals. Guided by our four Ps approach—Prepare, Prevent, Protect, and Pursue—we strive for excellence in market oversight.

Market Oversight Business Intelligence (MOBI) is a team of experts in software engineering, data science, project management, and big data. MOBI’s mission is twofold:

• Deliver insights to Market Oversight (MO) and the broader FCA through extensive MO Datasets
• Continue leading as a top-tier Data Engineering and Science Team

Role Overview: What You Will Be Doing

As a Senior Associate in MOBI, you'll interact with one of Europe's largest and most comprehensive wholesale market datasets. Leveraging cutting-edge cloud and big-data technologies, you’ll apply data engineering and science techniques to provide valuable insights to market surveillance analysts. Key responsibilities include:

• Developing and maintaining MO’s data ecosystem for seamless data receipt, processing, and storage
• Creating analytical tools to boost MO’s market monitoring capabilities across crucial asset classes
• Conducting systematic and ad-hoc analytics to spot potential market abuse cases (e.g., insider trading, market manipulation)
• Collaborating with surveillance analysts to refine MO's surveillance and analytics platforms
• Utilizing Data Engineering and Data Science techniques to uncover insights into Market Participants’ behaviors

This intellectually stimulating role will afford you opportunities to grow your technical skills, influence our market surveillance approach, and deepen your understanding of financial markets and regulation. Supported by a team of experienced data practitioners, you will quickly upskill in various areas.

What You Will Gain From This Role

• Join a high-performing team with a strong FCA reputation
• Receive support from experienced data practitioners
• Influence FCA’s data engineering and science methods, enhancing operational efficiency to benefit UK consumers
• Work with market experts to analyze significant market events and support ongoing investigations into potential misconduct
• Access various training opportunities in data science and financial markets
• Benefit from a competitive, flexible benefits scheme tailored to your needs, including options like dental coverage or cycle-to-work, or opt for cash as an addition to your base salary
• Enjoy core benefits such as:
  • 25 days holiday per year plus bank holidays
  • Private healthcare with Bupa
  • A non-contributory pension of at least 8% of basic salary per month
  • Life assurance of eight times your basic salary
  • Income protection

We support hybrid working, allowing up to 60% remote work per month, with the remaining time spent in one of our three office locations.

Skills and Experience Required

Minimum Criteria

We are committed to the Government’s Disability Confident scheme and will offer interviews to disabled candidates meeting the minimum criteria:

• Experience in financial markets and products (e.g., Equities, Fixed Income, Currencies, Commodities)
• Proficiency in at least two of the following languages: Scala, Python, SQL (other languages are a plus)
• Experience in applying data science techniques or deploying data engineering solutions, particularly within the Financial Services industry

Essential Criteria

• Highly organized with the ability to manage multiple workstreams simultaneously
• Quick learner open to new tools and techniques
• Team player with the ability to lead, collaborate, and communicate effectively with diverse team members
• Proficient in presenting technical information in a clear, logical manner