Senior Specialist, Surveillance Analytics

Key Responsibilities:

• Responsible for operating various detective monitoring controls under second line compliance function, which are designed to detect potential instances of market abuse or other forms of market misconduct, through orders, quotes and trades, Private Banking suitability monitoring and Information Barrier monitoring.

Strategy:

• Responsible for operating various detective monitoring controls under second line compliance function, which are designed to detect potential instances of market abuse or other forms of market misconduct, through orders, quotes and trades, Private Banking suitability monitoring and Information Barrier monitoring.

Business:

• Awareness and understanding of the various market abuse regulations globally in which the Group operates.
• Understanding the Group's business strategy as well as Compliance mandate in supporting the business.
• Understanding booking practices and models to implement and refine analytics in the department.

Processes:

• This is an individual contributor role within Analytics team under Group Compliance Surveillance function.
• Collaborate with business and functional stakeholders to support the delivery of calibration requirements and advise accordingly on calibration matters.
• Maintain an effective document of calibration analysis including documenting clearly how threshold proposals are derived and approved.
• Be responsible for updating calibration DOI and maintaining the calibration change log.
• Provide support to other team members for activities including requirements specifications, prioritization, UAT, regression testing, etc.
• Apply analytics to better enhance scenario alert generation through feedback and collaboration with the various teams, including but not limited to quantitative methods such as statistical, numerical analysis of data, or computational techniques.
• Participate in the scenario logic reviews and enhancements, and lead the engagements with stakeholders for implementation. Also includes reviewing specification documents relating to scenarios.
• Proactive identification of risks and concerns, including escalation to all relevant stakeholders.
• Timely mitigation and resolution of risks and issues, establishment of effective controls, in collaboration with all relevant stakeholders.

Risk Management:

• Identify key issues of the workstreams assigned and work towards resolving, if not escalating where required.
• Collaborate with other teams to ensure risks are comprehensively identified, assessed and managed.
• Support all control checks approved by Operational Risk Framework (ORF) and be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
• Comply with and adhere to relevant risk management policies.

Governance:

• Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.

Regulatory & Business Conduct:

• Display exemplary conduct and live by the Group's Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders:

• Other teams within Compliance Surveillance: Monitoring, Analytics, Data, Governance.
• Other functions within the wider Compliance function, e.g. Advisory, Assurance.
• Strategy & Digital Transformation.
• Business / Front Office.
• Technology.
• Vendors.

Other Responsibilities:

• Embed Here for good and Group's brand and values in the team; perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
• Support the delivery of key priorities and initiatives aligned to the Surveillance Compliance scorecard.
• Keep people advised about important developments that may affect them and how they work.
• Continually raise the bar on standards of performance.
• Take ownership of issues and be willing to work across organizational boundaries and structures, i.e. horizontally and vertically.
• Take a bigger picture view - what delivers the best overall benefit for the team or the Bank.
• Identify ways in which development can be achieved with higher quality and lower effort.

Qualifications:

• Bachelor's degree and 3-5 years of work experience in the financial industry, preferably in the market conduct / compliance / communications surveillance space.
• Proficient in MS Office Suite, e.g. MS Excel, Power Query; additional programming capabilities e.g. Python, VBA is advantageous.
• Banking knowledge in terms of customers, products, transactions and operations.
• Excellent communication in English (articulation and writing). Additional language capabilities, e.g. Hindi / other Asian languages, would be advantageous.