Bank of America India | Assistant Manager

Responsibilities

• We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
• This team in EIT Trade surveillance will work very closely with the EIT Regional Trade Suverillance teams to conduct surevillance efforts on equity, fixed income and derivatives trading.
• Individual will be responsible for monitoring trading activities across multiple asset classes for market abuse and market manipulation.
• The individuals will also be responsible for investigating potential compliance issues with multiple levels of management for appropriate disposition and regulatory reporting.
• Act as an SME for the team and conduct regular training session on the process related topics.
• Work as the backup for the team manager by handling allocation and process related queries.
• Conduct training session for the new joiners in the team and also act as a buddy to them till they get hands on with the models.
• Conduct trade surveillance to monitor market abuse and market manipulation across asset classes (equity, fixed income and derivatives trading).
• Perform trade surveillance for alerts for restricted and watch listed securities.
• Monitor trading activity using various exceptions based reports.
• Analyze T+1 trading data on trade surveillance platforms for potential compliance issues.
• Investigate potential compliance issues with management and document findings.
• Work with the global compliance teams to document findings and regulatory reports.
• Analyze and organize data, identifying any trends in a timely manner.
• Maintain accurate, organized and current compliance records and documentation in a manner consistent with the department’s needs.
• Work with global teams to reduce the ageing scenarios and maintain TAT.
• 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.

Requirements

• Certifications: NCFM Certifications will be an added advantage.
• 6-8 years of experience in Trade Surveillance, capital markets operations with a thorough understanding of trade life cycle.
• Strong product knowledge in capital markets, Understanding of Fixed income products/Derivatives and structured product.
• Excellent English written and verbal communication skills.
• Experience in Pre-trade / Post-trade / Real Time Surveillance.
• Strong analytical, interpersonal, organizational, and time management skills.
• Excel skills and attention to detail.
• Experience with SMARTS / Actimize

Bank of America

Bank of America is one of the largest banks in the United States, serving individuals, businesses and institutions with banking, investing, asset management and risk-management products.

Its Indian operations and technology centres support the global bank. Finance professionals typically work in operations, financial reporting, regulatory, risk and audit roles.

• Industry: Banking and financial services
• Headquarters: Charlotte, North Carolina, USA
• In India: Corporate and investment banking, plus operations and technology centres in Mumbai, Hyderabad, Chennai and GIFT City (Gandhinagar)