Assistant Manager – Surveillance

HSBC; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Job summary

HSBC is seeking an Assistant Manager – Surveillance in Bengaluru to support the Offshore Regulatory Compliance team. The role involves reviewing alerts, maintaining surveillance controls, and producing MI to safeguard customers and market integrity.

You will work with onshore and offshore teams, assist in system improvements, participate in UAT for new tests, and ensure adherence to internal controls and regulatory requirements.

Qualifications

• Experience in Trade Surveillance, E Communications Surveillance or Audio Surveillance monitoring/oversight or related environment is preferable.

Responsibilities

• Review, investigate and escalate alerts generated by the Surveillance system.
• Undertaking daily, weekly and monthly monitoring tests to ensure that the risks within the Surveillance RC monitoring plan are mitigated.
• Identify improvements and assist in the on-going development of systems to improve the efficiency of monitoring.
• Assist with the User Acceptance Testing (UAT) of newly developed monitoring tests.
• Production of accurate and in-depth Management Information (MI).
• Foster a close relationship with the various teams, both on and off-shore.
• Maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.

Job description

Job Title: Assistant Manager – Surveillance

The Offshore Regulatory Compliance team supports compliance officers across the businesses in carrying out key compliance monitoring, advisory and support activities. The team (Trade Surveillance, Unauthorised Trading, Audio surveillance, E- Communications Surveillance, Enhanced Surveillance & Best Execution Surveillance) will support onshore Compliance offices and the various businesses Globally. The specific role is to safeguard customers and the integrity of financial markets by detecting and deterring market abuse, inappropriate trading and other market conduct risks. In doing so, it will serve to meet HSBC’s regulatory obligations, wider stakeholder expectations, risk appetite and policy requirements.

In this role, you will:

• Review, investigate and **escalate** alerts generated by the Surveillance system. This system is designed to identify breaches of internal policies surrounding Information Boundaries or individual behavior that may signify potential risk to company and / or its clients’, in particular that of Market Abuse risks.
• Undertaking daily, weekly and monthly monitoring tests to ensure that the risks within the Surveillance RC monitoring plan are mitigated.
• Identify improvements and assist in the on-going development of systems to improve the efficiency of monitoring.
• Assist with the User Acceptance Testing (UAT) of newly developed monitoring tests.
• Production of accurate and in-depth Management Information (MI).
• Foster a close relationship with the various teams, both on and off-shore.
• Maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.

To be successful you will:

• Strong interpersonal skills and experience of working effectively within a small team;
• Knowledge of financial markets and in particular, financial market regulation.
• Experience in Trade Surveillance, E Communication Surveillance or Audio Surveillance monitoring / oversight or related environment is preferable.
• Knowledge of the surveillance tool is preferable.
• Ability to understand trade and electronic/Voice communications and analyze these for the detection of potential Market Abuse.
• Ability to work under pressure and within tight time-lines. Excellent time management and prioritization of work tasks.
• Ability to handle escalated issues and take these forward with Senior Management.

Others:

• Any compliance certification
• Knowledge of regulatory norms around capital market
• Any experience in audit related works

Hsbc.com/careers

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.

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