GSC - Asst Mgr - Trade Surveillance - TRADE SURVEILLANCE

Overview

The Global Banking and Markets (GB&M) Offshore Compliance team supports compliance officers across the GB&M businesses in carrying out key compliance monitoring, advisory and support activities. The purpose is to undertake Trade Surveillance in a timely manner thus ensuring compliance with applicable regulations and policies. The role will add additional structure and governance to this already controlled framework. The incumbent will be required to act as a point of central coordination globally, having oversight for time critical and sensitive issues. Overall, the incumbent will provide guidance, supervision and accountability for the day-to-day offshore activities.

The incumbent will be given a degree of autonomy and will be expected to draw conclusions from his/her or the team’s analysis and make appropriate recommendations to the Compliance Senior Management and GB&M business in order to rectify issues identified. The incumbent will be required to keep abreast of industry and regulatory changes.

The Opportunity

• Maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.
• Be aware of the Operational Risk scenarios associated with the role and act in a manner that takes account of operational risk considerations.
• Discharge the accountabilities set out in the Compliance Officer Handbook by pro-actively assisting management in identifying and containing compliance risk; monitoring, reporting and certification; fostering a compliance culture and optimizing relations with Regulators.
• Identify gaps in process documentation and address these effectively.
• Maintain issues log and track progress in a timely manner.
• Ability to work in a methodical manner.
• Ability to support decisions with sound reasoning.

What you’ll do

• To carry out extensive reviews of trade surveillance in a review tool for market abuse/ anti-competitive behaviors. Escalate issues as appropriate.
• Review, investigate and analyze alerts generated by the voice surveillance systems and escalate issues as appropriately.
• Undertake daily, weekly and monthly monitoring tests to ensure that the risks within the Surveillance RC monitoring plan are mitigated.
• Analyze and articulately escalate potential breaches to onshore RC colleagues.
• Assist in training requirements of the new staff that have joined the team.

Qualifications

• Graduate level candidate with experience in Surveillance or Compliance environment is preferable (but not essential).
• An interest, and knowledge, of financial markets, various asset classes and regulation is required.
• Excellent system skills as the role includes a requirement to undertake complex behavior analysis derived from various data sources.
• Ability to support decisions with sound reasoning and clearly articulate business and regulatory implications of the analysis and findings.
• Ability to work under pressure and within tight timelines.
• Excellent time management and prioritization of work task.
• Exemplary interpersonal and communication skills.
• Utilizes own initiative to resolve issues.
• Need to be flexible to work in shifts.

What additional skills will be good to have?

• Experience in Monitoring and Surveillance or related environment is preferred.
• A good knowledge in Excel with ability to use macros to help solve non-standard problems.
• An interest in systems and applying them to the analysis of both large amounts and different types of data.
• Research, analysis, report writing, process improvement, project management.
• Knowledge of systems such as NICE, Actimize, Bloomberg, is desirable but not essential.
• Able to navigate Eikon and Bloomberg systems.

You’ll achieve more at HSBC

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc. We consider all applications based on merit and suitability to the role.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Application details

• All applicants must have successfully completed their probation period
• All applicants must have met the Behaviour Gateway in the last performance appraisal
• All applicants should have served at least 18 months in their current functional role and department company
• All applicants should inform their respective line manager of their application
• Application form should be submitted via CareerLink along with the current CV
• All the completed applications should be submitted via CareerLink by 11:59 PM on the closing date
• Have not been previously declined for the same post within the last 3 months on the date of submission of their application
• Have not been on any form of Corrective Action within the last 6 months from the date of application

Declaring incorrect information in your application (e.g. incorrect performance and behaviour rating; and corrective action status) is considered a SERIOUS OFFENSE based on the HDPP Employee Handbook: A. Very Serious Offense

"Sec 1. Any acts of dishonesty, which may provide reasonable grounds for the company to lose trust and confidence to the employee, which includes but not limited to the following: c) Giving false testimony or falsifying any document, records or information or presenting such falsified document, records or information in any study, research inquiry; padding and deliberate overcharging of expenses; tampering with time records; requesting or allowing any individual to log in/out and actually logging in/out any individual."

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