Market Surveillance Analyst

About us

26 Degrees is a specialist multi-asset prime broker based in Sydney, Cyprus, London and Tokyo. The company specialises in providing prime services to brokers, hedge funds, asset managers, proprietary trading firms and professional traders. We are constantly in search of hungry people to join the team and challenge the status quo. We want dreamers and doers who are ready to hit the ground running.

Why join us

• Remuneration
• 26 Degrees offers a highly competitive base salary along with short-term incentive schemes.
• People-first culture
• We want to hire the best talent in the industry. To attract the best, we have embraced a supportive and flexible work culture where our employees genuinely look forward to coming to work. Don't just take our word for it - 26 Degrees was named as one of the Top 10 Best Places to Work in the medium-sized company category in
  The Australian Best Places to Work Awards
  .
• Career development
• We don't just want to hire the best talent; we want to train them to be even better. Career development is a priority to you – so it is a priority for us.
• Unique workplace
• Our Sydney office is located in the historic Sub Base Platypus precinct on Sydney Harbour. The space was created to support collaboration, focus, and wellbeing, featuring a variety of work zones, meeting hubs, and a dedicated wellness and leisure floor that sets it apart from traditional workplaces.

About the role

This role will be responsible for trade surveillance across the 26 Degrees business, servicing clients from our various jurisdictions. The role requires high energy and the ability to learn new skills in a dynamic environment. You will be reporting directly to the Head of Market Surveillance and working within the Legal and Compliance team. Comprehensive on-the-job training will be provided to get you exposure in all areas of Market Surveillance functions.

Key duties and responsibilities

• Surveillance Alerts Review - Conduct comprehensive investigations of at-trade and post-trade alerts across multiple surveillance platforms to identify and assess potential instances of market abuse within equities and futures markets.
• Surveillance Monitoring - Perform daily deep dive analysis on client trading patterns and risk positions outside of the automated surveillance system to detect potential insider trading or market manipulation.
• Reporting - Escalate matters of concern in accordance with internal governance protocols. Prepare and deliver thorough investigation reports and submit Suspicious Matter Reports (SMRs) to AUSTRAC where required.
• Vendor Management - Liaise with our external trade surveillance system provider for any system issues and support ongoing platform improvements.
• Process Documentation – Maintain detailed records of surveillance activities, analytical findings and decision rationales to support audit readiness and demonstrate regulatory compliance.
• Cross-Functional Collaboration - Work with different teams e.g. Legal & Compliance, Trading, Risk and Sales to be part of the broader risk management for the whole business.
• Strategic & Project Support - Assist the Head of Market Surveillance in enhancing surveillance frameworks and risk controls through parameter optimization, market and news intelligence, due diligence on new prospects, and the preparation of business insights and presentations for senior management.

About you

• Hold a bachelor's degree in finance, business, commerce or similar.
• Interested in acquiring relevant industry accreditations or currently in the process of completion. (e.g. CFA, FRM, CA)
• 1 – 2 years of working experience within Financial Services, ideally with exposure to market surveillance, trading, or risk management functions. Prior work in a brokerage, trading desk, or market operator environment is preferred.
• Bring a solid understanding of financial markets and market abuse practices, particularly in equities, with a sound awareness of broader market conditions and regulatory obligations.
• Strong analytical skills with great level of attention to detail – being able to distill complex information and form well-reasoned conclusions.
• Excellent prioritisation and organisational skills – level of autonomy with supervision will be given for you to independently manage your own deadlines.
• Strong technical proficiency, with intermediate Excel skills essential; experience with IRESS, Bloomberg, Confluence, Python and/or SQL is highly regarded.
• Effective communicator – capable of presenting analyses and insights clearly and confidently to both internal and external stakeholders.
• Thrive in a fluid and fast-paced environment.