Trade Surveillance Analyst

3 weeks ago

New York, New York, United States Bank of America Full time
Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us

Job Description:
This job is responsible for accurate and timely test development and execution and/or supporting operational and administrative activities related to the end to end test execution process. Key responsibilities of the job include executing high quality testing in accordance with the test script, documenting and escalating defects, preliminary reporting and analysis of results, and collaborating with Compliance and Operational Risk officers and/or Front Line Unit (FLU) process owners on the identification of themes and trends at the Front Line Unit (FLU), control function and Enterprise level.

Responsibilities:
  • Conducts independent testing on a team in support of coverage needs identified by Compliance and Operational Risk officers and/or Front Line Unit process owners, inclusive of transactional, qualitative, onsite, employee quality review, and surveillance testing
  • Identifies, documents, and escalates defects identified during testing, working closely with Compliance and Operational Risk officers and/or Front Line Unit process owners to validate preliminary results
  • Collaborates with Compliance and Operational Risk officers and/or Front Line Unit process owners on the identification of themes and trends at the Front Line Unit, control function and enterprise level
  • Manages the quality of the end to end execution process in accordance with the Independent Testing Enterprise Policy and Standard
  • Supports the test development process as applicable depending upon the complexity of the testing
  • Interacts with internal and/or external contacts to identify, research, analyze, and resolve complex problems


Skills:
  • Adaptability
  • Attention to Detail
  • Collaboration
  • Monitoring, Surveillance, and Testing
  • Problem Solving
  • Data Privacy and Protection
  • Influence
  • Issue Management
  • Reporting
  • Underwriting
  • Interpret Relevant Laws, Rules, and Regulations
  • Quality Assurance


Minimum Education Requirement: Null

Job Description:
The Trade Surveillance analyst is primarily accountable for conducting "Market Conduct Trade Surveillance" which begins with computerized analyses of activities that trigger "alerts" requiring additional review to determine whether the activity was a violation of a law, rule, regulation, policy or procedure requirement related to one or more Market Conduct Risk Behaviors.

The Trade Surveillance analyst is accountable for reviewing alerts in accordance with prescribed guidance, and, reporting and analysis of results. This role may participate in development and design of the scripts used to review the alerts. The Trade Surveillance analyst collaborates with Compliance and Operational Risk on the identification of themes and trends at the front-line unit, control function and enterprise level.
Key Responsibilities:
The Trade Surveillance analyst is accountable for providing consistent, sufficient, and quality alert disposition in a timely manner, and/or supports operational and administrative initiative activities related to the Trade Surveillance of the Functional area he or she supports. This role interacts extensively with internal or external contacts to identify, research, analyze and resolve complex problems.

Daily responsibilities of the Trade Surveillance analyst include reviewing alerts utilizing prescribed scripts, identifying and documenting defects and providing daily updates to leads and managers as needed. This role works closely with Risk, Compliance, and SMEs to conduct trade Surveillance.

The Trade Surveillance analyst has intermediate knowledge of the system(s) of record required to conduct trade surveillance activities and translates business strategy into work programs and processes. This role may contribute and/or participate in multiple special projects.

Required Qualifications and Experience:

• 2+ years work experience in Trade Surveillances or related area

• Bachelor's Degree or equivalent experience

• Adaptability to dynamic work environment with multiple priorities and strict deadlines.

• Ability to work in a team-oriented environment.

• Ability to communicate through verbal, written and interpretational communication skills to all levels of the organization.

• Good understanding of business, markets and products

• Intellectual curiosity, anticipate risk and forward thinking
Desired Experience

• Understanding of the Financial Industry, front office or back office experience or market and product knowledge (Equities, Foreign Exchange, Fixed Income and Commodities/Futures Options.

• Front office or middle office experience, or trading related experience

• Experience using surveillance tools such as Actimize and/or Smarts Surveillance platforms

• Excellent interpersonal, written and verbal communication skills
Skills and Competencies:

• General understanding of trade surveillance, and the rules, laws, and regulations that address Market Misconduct

• Knowledge of Fixed Income and Equities related products

• Effective Verbal Communication

• Business Writing and Acumen

• Acts with Courage and Conviction

• Strong Business Acumen

• Drives Operational Excellence

• Critical Thinking and Analysis

• Attention to Detail

• Strong Partnership and Influencing Skills

• Collaboration

• Time Management

• Complex Problem Solving

• Judgment and Decision Making

Shift:
1st shift (United States of America)

Hours Per Week:
40

  • Analyst - Surveillance

    1 week ago

    New York, New York, United States Bally's Atlantic City Full time

    Conduct detailed analysis and video review of table games.Prepare detailed reports reporting deviations from theoretical win/loss for the Bally's AC Finance Department.Prepare player analysis reports detailing the probability of advantage play, cheating techniques and vulnerabilities for employee/agent collusion issues.Provide analysis of all casino...

  • UST/MBS Trade Support Analyst

    1 month ago

    New York, New York, United States Royal Bank of Canada Full time

    Come Work with UsAt RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that...

  • Business Analyst

    1 month ago

    New York, New York, United States Xeroic Tech Inc Full time

    Issuing Letters of Credit (LCs) Export factoring (companies receive funds against invoices or accounts receivable) Forfaiting (purchasing the receivables or traded goods from an exporter) Export credits (to reduce risks to funders when providing trade or supply chain finance) Business Analyst and Subject Matter Expert you will translate the international...

  • SAP Analyst

    5 days ago

    New York, New York, United States syncreon America Inc Full time

    Are you knowledgeable about computer systems, electronic systems, and software applications? Can you educate people, answer questions, and troubleshoot any related problems about technology-based products and services? We are looking for an SAP Analyst, based in York, PA, to solve technical problems and provide support for all assigned areas. About the...

  • Data Analyst

    6 days ago

    New York, New York, United States Schonfeld Full time

    Data Analyst - Fundamental Equity Investment Professional DevelopmentThe RoleWe are seeking a Data Analyst to join our Fundamental Equity Investment Professional Development team at Schonfeld. You will have a passion for the investment management industry, a strong technical background and a process driven approach. You will create strong relationships with...

  • Technical Business Analyst

    1 month ago

    New York, New York, United States Mitchell Martin Inc Full time

    Our client, a global financial services firm and a market leader in securities, asset management and credit services, is seeking an Technical Business AnalystLocation: New York, NYPosition Type: Contract Job Summary:We are looking for a passionate Technical Business Analyst, with a desire to develop a strong background in Architecture. The Technical Business...

  • BARX Client Services FX FX Options Analyst

    3 hours ago

    New York, New York, United States Barclays Full time

    BARX Client Services FX & FX Options AnalystNew YorkAs a Barclays BARX Client Services FX & FX Options Analyst, you'll be the primary point of contact for external clients and internal users of the BARX Foreign Exchange eCommerce applications. You'll cover setup, pricing, trade queries and general functionality and connectivity issues for FX and FX Options...

  • Equity Research Analyst

    19 minutes ago

    New York, New York, United States Barclays Full time

    Equity Research Analyst, ChemicalsNew YorkThis role is regulated by FINRA.As a Barclays Equity Research Analyst, Chemicals, you will be reviewing business and trade publications, annual reports, financial filings, and other sources to gather, synthesize and interpret data on companies followed by the business. This is an exciting opportunity to enjoy a...

  • Quant Risk Analyst

    6 days ago

    New York, New York, United States Selby Jennings Full time

    A Multi Strategy Hedge Fund is hiring a Quant Risk Analyst in NYC. This hire will report directly to the Chief Risk Officer and assist in building out firmwide and custom risk analytics for specific PMs/trading teams. The fund is looking for a strong junior candidate with broad markets knowledge and experience with macro asset classes. This is a learning...

  • Strategic Transactions Group Analyst

    7 days ago

    New York, New York, United States Barclays Full time

    Strategic Transactions Group AnalystNew York, NYThis role is regulated by FINRA.As a Barclays Strategic Transactions Group Analyst, you will be assisting in the execution and ongoing management of complex transactions that serve to achieve the effective tax rate and capital management goals of the Strategic Transactions Group (STG). This group is part of...

  • Quantitative Research Analyst- University Graduate

    1 month ago

    New York, New York, United States Citadel Full time

    Job DescriptionOur mission is to be the most successful investment team in the world. Quantitative Researcher Analysts play a key role in this mission by developing next-generation models and trading approaches for a range of investment strategies. You'll get to challenge the impossible in quantitative research by applying sophisticated and complex...

  • Equity Research Analyst Software

    7 days ago

    New York, New York, United States Barclays Full time

    Equity Research Analyst, SoftwareNew YorkThis role is regulated by FINRA.As a Barclays Equity Research Analyst, Software, you'll be responsible for reviewing business and trade publications, annual reports, financial filings, and other sources to gather, synthesize and interpret data on companies followed by the business. This is an exciting opportunity to...

  • Equity Research Analyst Internet

    7 days ago

    New York, New York, United States Barclays Full time

    Equity Research Analyst, InternetNew YorkThis role is regulated by FINRA.As a Barclays Equity Research, Internet, you will be responsible for reviewing business and trade publications, annual reports, financial filings, and other sources to gather, synthesize and interpret data on companies followed by the business. This is an exciting opportunity to enjoy a...

  • Quant Trader

    4 weeks ago

    New York, New York, United States Selby Jennings Full time

    Currently partnered with the Head Quant Trader of a commodities desk, within a globally leading, systematic trading firm. The team is looking to add multiple headcount to this desk, specializing in commodities - with a specific interest in Power and Natural Gas Markets. This is an outstanding opportunity to work collaboratively with experienced quant...

  • Credit Research Strategist Analyst

    3 weeks ago

    New York, New York, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for...

  • Equity Derivatives Structuring Analyst

    1 month ago

    New York, New York, United States Royal Bank of Canada Full time

    Come Work with UsAt RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that...

  • Natural Gas Analyst

    4 weeks ago

    New York, New York, United States Energy Aspects Ltd Full time

    We are seeking a technically savvy Natural Gas Analyst to enhance our coverage of the US natural gas and related markets (power, emissions or renewables, and global LNG). You will need to have proven experience and knowledge of the relevant energy market focus, enabling you to take on an array of responsibilities. You will play a central role in our service...

  • Business Data Analyst

    2 weeks ago

    New York, New York, United States Motion Recruitment Full time

    Grow your career with an innovative global bank in New York, NY as a Business Data Analyst with a focus in Loans Transformation. Contract role with strong possibility of extension or conversion to full-time employment. Will require working a hybrid schedule 2-3 days onsite per week.Join one of the world's most renowned global banks and trusted brand with...

  • Experienced Equities Trader

    1 month ago

    New York, New York, United States SMB Capital Full time

    "You can be better tomorrow than you are today"- Mike Bellafiore, The PlayBookSMB Capital, in a "JV" (joint venture) with Kershner Trading Group in NYC, is looking for experienced US Equities Traders with a strong track record, who seek capital and technology to build their trading business. Our technology will help you play more offense and make more PnL:...

  • Remote Trader

    1 month ago

    New York, New York, United States SMB Capital Full time

    "You can be better tomorrow than you are today"- Mike Bellafiore, The PlayBookSMB Capital, in a "JV" (joint venture) with Kershner Trading Group in NYC, is looking for experienced US Equities Traders with a strong track record, who seek capital and technology to build their trading business while maintaining the autonomy of working from a remote location...