Markets Analyst

Job Profile

Euronext Market Services (EMS) is the front line to ensure fair and orderly Cash, Derivatives, Index and Commodities markets with two operational centers in Amsterdam and Paris and covering the markets of Amsterdam, Brussels, Lisbon, Dublin, Oslo and Paris.

EMS is seeking a Market Surveillance Officer for the Cash Market Surveillance to integrate the Market Surveillance team in Paris.

As a Market Surveillance Officer at Euronext, you will be responsible for monitoring market activities to ensure compliance with relevant financial regulations and maintaining the integrity, transparency, and smooth operation of trading activities. You will actively detect and analyze potential market misconduct or non-compliant behavior, collaborating with internal teams and regulatory authorities to uphold high market conduct standards.

Market Surveillance Officers are spread across Amsterdam and Paris, and are cross-trained on Cash & Derivatives to mainly:

• Monitor all trading activities across Euronext financial markets (equities, bonds, derivatives, etc.) in real-time to identify potential market abuse, manipulation, or violations of trading rules.
• Analyze market anomalies, price fluctuations, trading volumes, and other key indicators to detect risks of malfunction or non-compliance with market rules.
• Review activity reports and alerts generated by surveillance systems, performing in-depth investigations to understand the underlying causes of incidents or irregularities.
• Perform all necessary functional checks throughout the day to ensure a smooth running of the market.
• Collaborate with compliance teams and external regulators to investigate potential breaches of market rules and assist in implementing corrective actions.
• Prepare detailed reports on detected incidents, provide recommendations for improving surveillance processes, and contribute to periodic regulatory reports.
• Stay up to date with the latest financial regulations and standards (e.g., MiFID II, MAR) and ensure surveillance practices are aligned with regulatory changes.
• Continuously look to improve & optimize our processes and various operational activities to increase the effectiveness and value we deliver to clients.

Key Accountabilities

• Is autonomous, resourceful and continuously seeking to improve and contribute to the EMS Team
• Has good knowledge in Cash and Derivatives of common tasks and basic level 0/1 technical tasks
• Has good knowledge of the processes, procedures and specifications of the EMS Markets
• Has good knowledge of relevant Pricing Theory, Models, Trading strategies and EMS Tools
• Prevent, detect, and manage any issue potentially adverse for the fairness and orderliness of markets, and any conflict of interest with its own (or its shareholders') interests
• Works in a virtual team across two locations to achieve a common goal and to ensure effective monitoring of markets across both centers
• Provides functional expertise; advises on impacts and improvements to  the EMS trading platforms; confirms end-user acceptance and  ensure the necessary operational readiness

Background / Education

• Master's degree in Finance, Law, Economics, or a related field. Additional certifications in financial regulation or market analysis would be an advantage.
• At least 2 years of experience in a similar role within a financial institution, exchange, or market regulatory authority.
• Fluent in French and English (spoken and written) - a 3rd language, while not mandatory, would constitute an advantage

Skills and Experience

• Proficiency in market surveillance tools (specialized software, anomaly detection tools, etc.).
• In-depth knowledge of financial regulations and compliance standards (MiFID II, MAR, etc.).
• Strong ability to analyze financial data and market behaviors.
• Good understanding of Financial markets, markets structures and their evolution from a business, competition, regulatory  perspective
• Learning capacities with regards to basic technical IT knowledge
• Computer literacy: MS office, VBA, notions in programming is a plus
• Attention to detail and strong observational skills.
• Self-motivated and pro-active
• Excellent written and verbal communication skills, especially in a client facing context
• Ability to work under pressure and manage multiple tasks simultaneously.
• Team-oriented with a collaborative approach to working with various internal and external stakeholders.

Euronext Values

Unity

• We respect and value the people we work with

• We are unified through a common purpose

• We embrace diversity and strive for inclusion

Integrity

• We value transparency, communicate honestly and share information openly

• We act with integrity in everything we do

• We don't hide our mistakes, and we learn from them

Agility

• We act with a sense of urgency and decisiveness

• We are adaptable, responsive and embrace change

• We take smart risks

Energy

• We are positively driven to make a difference and challenge the status quo

• We focus on and encourage personal leadership

• We motivate each other with our ambition

Accountability

• We deliver maximum value to our customers and stakeholders

• We take ownership and are accountable for the outcome

• We reward and celebrate performance

We are proud to be an equal opportunity employer. We do not discriminate against individuals on the basis of race, gender, age, citizenship, religion, sexual orientation, gender identity or expression, disability, or any other legally protected factor. We value the unique talents of all our people, who come from diverse backgrounds with different personal experiences and points of view and we are committed to providing an environment of mutual respect.

This job description is only describing the main activities within a certain role and is not exhaustive. It does not prevent to add more tasks, projects.