Trade Surveillance Analyst
Bank of America
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!
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.
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
• 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
• Time Management
• Complex Problem Solving
• Judgment and Decision Making
Shift:1st shift (United States of America)
Hours Per Week:40