Senior Analyst, Compliance & Control

Overview

Grade H - Senior Analyst - Trade Surveillance QA

Overview Of BNY Mellon

BNY Mellon is a global financial services company focused on helping clients manage their financial assets, operating in 35 countries and serving in more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team.

At BNY Mellon, compliance is everyone's responsibility. Accordingly, compliance and ethical standards are core components of all business functions, and are fundamental to the culture and values of the company. All decisions and actions on behalf of the company must adhere to the highest standards of integrity.

Team Description

The Compliance Surveillance second level of defense (2LoD) team is multifaceted in that it is 1) structured to provide independent check and challenge over the 1LoD trade, e-communications and voice surveillance programs; and 2) responsible primarily for the review and escalation of alerts related to already executed trades.

The surveillance program is based on a partnership with the line of business, however is independent to ensure the company and individuals within the company comply with all applicable laws, regulations, market standards, and ethical norms.

Responsibilities:

• Primary responsibility is to conduct independent trade surveillance supervisory reviews of the alerts already closed by 1LoD.
• Support the day-to-day efforts related to assessing whether employees globally are in compliance with relevant laws, rules, regulations based on review of alerts closed by 1LoD.
• Challenge 1LoD, whenever evidence or rationale of closed alerts is insufficient.
• Escalate issues to appropriate stakeholders and track through closure.
• Document the reviews and outcomes to ensure complete and accurate audit trail.

Requirements:

• The ideal candidate must possess knowledge of and rationale for trade surveillance, asset classes surveilled and applications used for the same.
• Must have good understanding of market abuse, types of market abuse, how to identify the same across various asset classes and use this discretion while closing the alerts.
• Should be well versed with the use of Bloomberg terminal.
• Should be aware of the Financial Services Industry, the regulatory landscape, with a specific focus on fixed income and foreign exchange surveillance in addition to equities.
• A solid understanding of investment instruments and knowledge of compliance concepts would be an advantage.
• Must have good oral and written communication skills in English. An ability to understand compliance policies and process assigned tasks in accordance with procedures would be expected.
• Bachelor's Degree in Finance, preferred.
• Atleast 1-3 years trade surveillance, operations, middle office or trading experience in fixed income and currency products preferred.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.