Senior Manager

Bank of America; Pune District; On-site; INR 3,000,000 - 5,000,000; Full time

Job summary

Bank of America seeks an experienced Trade Surveillance professional to monitor and investigate market abuse across multiple asset classes, supporting APAC, EMEA, and APR regions from Mumbai. The role involves collaborating with global compliance, presenting findings to senior leaders, and ensuring adherence to enterprise controls.

Strong analytical and communication skills are essential. The ideal candidate has 10–13 years in capital markets operations, proficiency with surveillance tools

Qualifications

• Postgraduate in any field. Certifications If Any.

Responsibilities

• Perform trade surveillance on restricted and watch listed securities.
• Obtain deal updates from Investment Bankers – when needed for watch list reviews.
• Conduct trade surveillance to monitor market abuse across asset classes (equity, fixed income and derivatives trading).
• Monitor trading activity using various exceptions based reports.
• Liaising with upper management, preparing and presenting monthly reviews to senior management.
• Working closely with the Line of Business (LOB) to understand the process and managing LOB process expectations.
• Managing day to day process requirements.
• Managing employee conflict.
• Conducting employee performance discussions.
• Analyze T+1 trading data on trade surveillance platforms for potential compliance issues.
• Investigate potential compliance issues with management and document findings.
• Work with the global compliance teams to document findings.
• Analyze and organize data, identifying any trends in a timely manner.
• Maintain accurate, organized and current compliance records and documentation in a manner consistent with the department’s needs.
• Participate in the Parameter Review process for the Trade Surveillance models.
• Enables smooth migrations of work to GBS from onshore and maintaining/creating LOB confidence for the GBS team.
• Conducting LOB/GBS Executive presentations, including routine and monthly connects.Understand end to end Internal Controls and broader Global Business Services functions to ensure adherence to enterprise standards and reporting requirements.
• Train and set up a strong, fungible /Cross trained pool of resources within the GBS Trade Surveillance team

Skills

Capital markets

Trade surveillance

Actimize

SMARTS

Excel

English communication

Data analysis

Global operations

Education

Postgraduate in any field

Tools

Actimize

SMARTS

Job description

Job Description:

About Us

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview*

GCOR Trade Surveillance team monitors firm’s trading activity from a market abuse/market manipulation perspective. Global trade surveillance activities are designed to adhere to financial services laws, rules and regulations to determine whether key controls are operating as intended and are effective in terms of mitigating compliance risk (e.g. compliance policy, standard or procedure). Continuous surveillance of business activities is performed through automated systems (SMARTS, Actimize etc.) and filters. Surveillance is also performed through patterns and trends analysis, and manual reviews.

This team in GCOR Trade surveillance will work very closely with the APAC Regional Trade Suverillance teams to conduct surevillance efforts on fixed income and equities

Job Description*

Individuals will be part of the Trade Surveillance group supporting one of the global regions AMRS, EMEA and APR. Individual will be responsible for monitoring trading activities across multiple asset classes for market abuse and manipulation. The individuals will also be responsible for investigating potential compliance/control room issues with multiple levels of management for appropriate disposition

Responsibilities*

• Perform trade surveillance on restricted and watch listed securities.
• Obtain deal updates (from Investment Bankers) – when needed for watch list reviews.
• Conduct trade surveillance to monitor market abuse across asset classes (equity, fixed income and derivatives trading).
• Monitor trading activity using various exceptions based reports.
• Liaising with upper management, preparing and presenting monthly reviews to senior management.
• Working closely with the Line of Business (LOB) to understand the process and managing LOB process expectations.
• Managing day to day process requirements.
• Managing employee conflict.
• Conducting employee performance discussions.
• Analyze T+1 trading data on trade surveillance platforms for potential compliance issues.
• Investigate potential compliance issues with management and document findings.
• Work with the global compliance teams to document findings.
• Analyze and organize data, identifying any trends in a timely manner.
• Maintain accurate, organized and current compliance records and documentation in a manner consistent with the department’s needs.
• Participate in the Parameter Review process for the Trade Surveillance models.
• Enables smooth migrations of work to GBS from onshore and maintaining/creating LOB confidence for the GBS team.
• Conducting LOB/GBS Executive presentations, including routine and monthly connects.Understand end to end Internal Controls and broader Global Business Services functions to ensure adherence to enterprise standards and reporting requirements.
• Train and set up a strong, fungible /Cross trained pool of resources within the GBS Trade Surveillance team

Requirements*

• Education* Postgraduate in any field. Certifications If Any

Experience Range*

• 10-13 years

Foundational skills*

• Experience in capital markets operations with a thorough understanding of trade life cycle and surveillance functions
• Strong capital market knowledge
• Working knowledge of derivative products
• Strong analytical, interpersonal, organizational, and time management skills
• Excel skills and attention to detail
• Strong English written and verbal communication skills
• Experience in working with Surveillance applications like Actimize, SMARTS.
• Ability to work in a high-energy and dynamic environment.
• Ability to multi-task, assist in critical items/projects and those that require extensive research, while independently prioritizing his/her workload
• Ability to analyze large sets of data to develop and present executive level reporting
• Experience in operating on a global scale, across multiple functions/regions and with multiple stakeholder

Work Timings*

• APAC - IST 07.30 AM/08.30 AM to 04.30 PM/05.30 PM

Other Regions – IST 11.30 PM/12.30 PM to 08.30 PM/09.30 PM

Job Location*

• Mumbai City / Gift City