Bank of America
Job title:
Trade Surveillance Senior Analyst
Company
Bank of America
Job description
Job Description: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!Job DescriptionThe 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.ResponsibilitiesThe 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 specialRequired Qualifications5+ years work experience in Trade Surveillances or related areaBachelor’s Degree or equivalent experienceAdaptability 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 productsIntellectual curiosity, anticipate risk and forward thinkingDesired QualificationsUnderstanding of the Financial Industry, front office or back office experience or market and product knowledge (Equities, Foreign Exchange, Fixed Income and Commodities/Futures OptionsFront office or middle office experience, or trading related experienceExperience using surveillance tools such as Actimize and/or Smarts Surveillance platformsExcellent interpersonal, written and verbal communication skillsSkills and CompetenciesGeneral understanding of trade surveillance, and the rules, laws, and regulations that address Market MisconductKnowledge of Fixed Income and Equities related productsEffective Verbal CommunicationBusiness Writing and AcumenActs with Courage and ConvictionStrong Business AcumenDrives Operational ExcellenceCritical Thinking and AnalysisAttention to DetailStrong Partnership and Influencing SkillsCollaborationTime ManagementComplex Problem SolvingJudgment and Decision MakingWhat Bank of America OffersBank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence – in everything we do, every time we do it – we deliver the full value of Bank of America for our clients, our shareholders and our employees.Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.Bank of America is an Equal Opportunity Employer.Bank of America encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.Bank of America N.A. Member FDIC © 2024 Bank of America Corporation. All rights reserved.
Expected salary
Location
Toronto, ON
Job date
Sun, 24 Mar 2024 00:59:55 GMT
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