Senior Floor Surveillance Officer Fixed Income

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC, we use our unique expertise, capabilities, breadth, and perspectives to open up new kinds of opportunity for our more than 40 million customers. We're bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities, and the planet we all share.

The Senior Floor Surveillance Officer Fixed Income is responsible for ensuring that all Fixed Income surveillance alert escalations into the region are dispositioned in line with local regulatory requirements. The role requires deep understanding of the Fixed Income business and products. The role serves as a pivotal point in the surveillance disposition process and key responsibilities include mentorship, QA and training of more junior surveillance analysts, providing effective feedback on review and investigation quality. The role reports to the Regional Head of Surveillance.

The Regulatory Compliance function is a Second Line of Defense (LOD) function responsible for managing regulatory compliance risks. The Regulatory Compliance function operates in accordance with HSBC Group's Risk Management Framework (RMF).

The purpose of Surveillance is to safeguard customers and the integrity of financial markets by detecting and deterring market abuse, inappropriate trading and other market conduct risks. In doing so, Surveillance serves to meet HSBC's regulatory obligations, wider stakeholder expectations, risk appetite policy requirements.

As our Senior Floor Surveillance Officer Fixed Income you will:

• Maintain effective stewardship over all Fixed Income Level 2 escalations from COE analysts through to closure
• Be responsible for Fixed Income Level 3 alerts in conjunction with relevant RC Risk Steward, maintaining ownership of alert closure or onward escalation
• Review all relevant Fixed Income STOR/STR/SAR potential filings to be presented at the regional STOR/STR/SAR Clearing House for accuracy and completeness of details
• Provide experienced practitioner input to the discussions at the STOR Clearing House to ensure that the decision to file (or not file) is at the expected regulatory standard
• Prepare regulatory filings for final sign off by relevant SMR/Accountable Executive or delegate prior to submission
• Give mentorship to COE analysts, providing BAU training is provided 'on the job' through appropriate feedback and to identify talent and areas for development
• Prepare delivery of the Surveillance Training Program as directed by Surveillance Operational Oversight
• Conduct robust monthly QA of alerts in accordance with the agreed QA framework
• Work closely with the relevant RC Risk Stewards and where appropriate join business line RC meetings
• Join front office/NFR meetings and present Surveillance metrics where required

You´ll likely have the following qualifications to succeed in this role:  

• Extensive experience in a Surveillance function within a large financial institution, with a strong understanding of trade and communications surveillance
• Experience in designing and delivering training and development programs for surveillance professionals
• Deep understanding of the Equities business and products
• Strong analytical and problem-solving skills, with the ability to assess complex issues and implement practical solutions
• A proactive and detail-oriented mindset, ensuring that surveillance processes and controls remain robust and effective

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future

Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.