Bank of America
Bank of America is one of the worlds leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.
We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business (LOB) and enterprise functions.
Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.
* BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.
GBAM Trade Surveillance team monitors firms trading activity from a market abuse/market manipulation perspective. Global trade surveillance activities are designed to adhere to financial services laws, rules and regulations to determine whether key controls are operating as intended and are effective in terms of mitigating compliance risk (e.g. compliance policy, standard or procedure). Continuous surveillance of business activities is performed through automated systems (SMARTS, Actimize etc.) and filters. Surveillance is also performed through patterns and trends analysis, and manual reviews.
Parameter review team works on surveillance models across all regions, GWIM and Information barrier surveillance. Core activity of parameter review involves performing box plot analysis based on historical alert data and providing recommendations to line of business or GCOR.
This team works very closely with the EIT Regional Trade Suverillance team leads to conduct analysis on surveillance models for equity, fixed income and derivatives for multiple exchanges.
Individuals will be part of the Enterprise Independent Testing (EIT) Parameter review group supporting all the global regions US, EMEA, APR, LATAM or Canada, GWIM and Infomation barrier surveillance team. Individual will be responsible for preparation of box plot analysis document and proving recommendations for changes to threshold of specfic alert model or exchange. The individuals will also be responsible for liasing with multiple stakeholders including technology teams to obtain data for analysis and identifying issues related to data.
Conduct trade monitoring and surveillance to detect market abuse and market manipulation instances.
Document findings and maintain accurate, organized and current Compliance records and documents
Work towards creating Trend Analysis
Education : Graduate in any field
Experience : 3 to 4 years of experience in capital markets operations with a thorough
Certification : NCFM Certifications will be an added advantage
Strong knowledge of financial products and capital markets
Good understanding of Fixed Income, Derivatives product etc
Strong English written and verbal communication skills
Good MS Excel skills and attention to detail
Fair understanding of Pre-trade / Post-trade processing
understanding of trade life cycle
APAC - IST 07.30 AM/08.30 AM to 04.30 PM/05.30 PM
Experience in working with applications like SMARTS / Actimize.
Experience in real-time Surveillance