Trade Surveillance Lead

Purpose of the role

As a Trade Surveillance Lead, you will support the business in managing Market Abuse Risk by overseeing surveillance models throughout their lifecycle, ensuring they remain effective, compliant, and fit for purpose.

You will provide governance, performance monitoring, calibration oversight, risk assessment, and stakeholder engagement to maintain a robust surveillance framework and meet regulatory expectations.

Roles and Responsibilities

• Lead oversight of surveillance models across their lifecycle, including deployment, calibration, performance monitoring, change management, and retirement.
• Coordinate Ongoing Model Performance Monitoring (OMPM), assessing model effectiveness, drift, data quality, alert volumes, and control effectiveness.
• Manage governance reporting and escalate material model performance, calibration, and deployment issues through appropriate forums.
• Act as the key liaison for Independent Model Validation (IMV), coordinating evidence packs, responses to findings, and remediation activities.
• Evaluate the impact of model, vendor, methodology, data, and parameter changes, ensuring appropriate testing, validation, approvals, and risk management.

The skills you'll need

• Strong knowledge of Trade Surveillance, Market Abuse Risk, and regulatory expectations within banking and financial services.
• Experience working within a Trading Hub, with a strong understanding of trade flows, products, surveillance controls, and trading activity monitoring.
• Expertise in Model Risk Governance and surveillance model lifecycle management, including calibration, validation, documentation, and governance reporting.
• Experience designing and operating Ongoing Model Performance Monitoring (OMPM) frameworks, including model drift analysis, performance metrics, thresholds, and exception management.
• Strong stakeholder management skills, with experience engaging Independent Model Validation, Risk, Compliance, Audit, and Business teams to manage findings, challenges, and remediation activities.

Next Steps

With an inclusive culture, excellent learning and development, and focus on wellbeing, there are plenty of reasons why NatWest is a great place to work in a temporary job.

And you'll be helping to build a sustainable bank, committed to helping people, families, and businesses to thrive.