Vice President - Quality Assurance Trade Surveillance

The Bank of New York Mellon Corporation; Manchester; On-site; GBP 90,000 - 130,000; Full time

Job summary

A leading global financial services company in Manchester is seeking a Vice President - Quality Assurance Trade Surveillance to enhance the firm’s regulatory risk management. The ideal candidate will have extensive experience in trade surveillance, sound knowledge of financial regulations, and exceptional analytical skills. This role demands a strong communicator who can thrive in a fast-paced environment while ensuring accuracy in monitoring trade activities.

Qualifications

• Extensive industry experience in Trade Surveillance, ideally with a Trading background.
• Strong knowledge of the financial services regulatory environment.
• Ability to work effectively in a fast-paced environment.

Responsibilities

• Improve the firm's approach to Trade Surveillance.
• Review mitigated transaction alerts across various asset classes.
• Prepare Management Information for the QA function.

Skills

Investigative skills

Analytical mindset

Excellent communication skills

Attention to detail

Interpersonal skills

Ability to meet deadlines

Education

Bachelor's Degree

Tools

Advanced MS Office

Job description

Overview

We're seeking a future team member for the role of Vice President - Quality Assurance Trade Surveillance to join our Compliance team. This role is located in Manchester, UK. The Vice President - QA Trade Surveillance has key responsibility in helping the firm manage its regulatory risk through quality assurance of trade surveillance across the various businesses and countries in which BNY conducts business. The right candidate will have familiarity with trade surveillance requirements as outlined by the U.S. Securities and Exchange Commission, FINRA, the Financial Conduct Authority and APAC regulators. Experience with multiple trade surveillance platforms and previous experience mitigating trade surveillance alerts is required.

Responsibilities

• Improve the firm's approach to Trade Surveillance by challenging alert mitigation.
• Review mitigated transaction alerts across a range of financial asset classes including FX, FI, Securities Lending & Repo, Equities and associated derivatives.
• Challenge alert mitigation where the standard of closure is not sufficient.
• Escalate findings in a controlled and organised fashion.
• Ensure that the standard of trade surveillance alert mitigation is robust and consistent across the BNY enterprise.
• Prepare Management Information for the QA function to clearly identify inconsistencies in quality of alert mitigation.
• Be prepared to assist with other pillars of surveillance QA (e-communications, voice communications, Personal Securities Trading).

Qualifications

• Preferred experience: extensive industry experience with time working in Trade Surveillance, ideally with a Trading background.
• Extensive financial product & markets knowledge across multiple asset classes.
• Strong knowledge of the financial services regulatory environment.
• Investigative skills and an analytical mindset are essential.
• Excellent spoken and written communication skills in English and the ability to understand compliance policies and process assigned tasks in accordance with procedures.
• Advanced MS Office skills.
• Focused attitude to work with the ability to constantly meet deadlines while ensuring attention to detail and high level of accuracy.
• Good interpersonal and communication, and negotiation skills.
• Ability to work effectively in a fast-paced environment, with the ability to prioritize and balance competing, time sensitive demands.
• Bachelor\'s Degree required (or equivalent).

About BNY

At BNY, our culture allows us to run our company better and enables employees\' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world\'s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.