Online Surveillance Specialist – Stock Exchange – Banking/Financial Services HR Solutions

The Corporate Institute; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

The Corporate Institute is recruiting for an Online Surveillance role with a leading Stock Exchange firm in Mumbai. You will monitor market movements across multiple segments and initiate surveillance actions to maintain market integrity.

You will verify alerts, conduct preliminary investigations, and stay updated with SEBI guidelines while driving automation and collaborating with regulators and internal stakeholders to ensure full regulatory compliance.

Qualifications

• Experience in market surveillance and regulatory awareness is preferred.
• Ability to analyze patterns and detect anomalies in trading data.
• Familiarity with automated surveillance concepts and testing processes.

Responsibilities

• Monitor market movements across Equity, F&O, Currency, SLBM, IRF, and Commodity segments.
• Verify and analyse surveillance alerts for manipulation, price/volume moves, and spoofing.
• Conduct preliminary investigations of alerts and escalate suspicious trades.
• Maintain awareness of regulations for MIIs, including SAST, PIT, PFUTP, PMLA, AML, FIU, LODR, ICDR, etc.
• Drive process improvements through automation, requirements gathering, testing, and new features.
• Oversee real-time surveillance to detect market abuse and ensure fair trading.
• Collaborate with regulators and internal teams to report suspicious patterns and ensure SEBI compliance.
• Lead enhancements of surveillance algorithms and automated systems to reduce false positives.

Skills

Market surveillance

Regulatory compliance

Data analysis

Automation initiatives

Stakeholder collaboration

Software testing

Job description

Role:

We are hiring for an Online Surveillance role in a Leading Stock Exchange firm in Mumbai.

Responsibilities:

• Monitor market movements, trends, and trading patterns across Equity, F&O, Currency, SLBM, IRF, and Commodity segments, and initiate necessary surveillance actions.
• Verify and analyse surveillance alerts related to market manipulation, price/volume movements, order spoofing, front running, pump-and-dump activities, insider trading, etc.
• Conduct preliminary investigations of alerts and elevate suspicious transactions for further review.
• Maintain awareness of applicable regulations for Market Infrastructure Institutions (MIIs), including SAST, PIT, PFUTP, PMLA, AML, FIU, LODR, ICDR, and related regulations.
• Drive process improvements through automation initiatives, business requirement gathering, software testing, and implementation of new functionalities.
• Direct the real-time surveillance of trading activities to detect potential market abuse, including insider trading and price manipulation, ensuring a fair trading environment for all market participants.
• Collaborate with regulatory bodies and internal stakeholders to report suspicious patterns, ensuring the exchange remains fully compliant with evolving SEBI guidelines and global best practices.
• Lead the enhancement of surveillance algorithms and automated systems to improve the detection of sophisticated trading strategies, thereby reducing false positives and increasing operational efficiency.