Market Surveillance Compliance Program Officer

Market Surveillance Compliance Program - Officer

Location : Bengaluru (Bangalore), India

Time Type : Full time

Work Model : Hybrid

Business : State Street Investment Management - Market Surveillance

Who we are looking for :

• We are seeking an Officer to join our team of market surveillance specialists within the Financial Crimes Compliance (FCC) program at State Street Investment Management. The ideal candidate will bring proven experience and deep knowledge of financial markets, market abuse regulations, and surveillance practices including communications, and transaction monitoring.
• You should be adept at identifying and investigating suspicious activities, interpreting complex regulatory directives, and applying best practices in market surveillance. Strong analytical skills, attention to detail, and the ability to work collaboratively within a high-performing team are essential for success in this role.

Why this role is important to us :

What you will be responsible for :

Market Surveillance - Communications Review & Trade Monitoring

1. Daily Communications Reviews & Trade Monitoring : Every day, you will systematically review communications (emails, chats, calls) and monitor trades that have been flagged by surveillance systems. The goal is to spot signs of market manipulation, such as Insider trading, Wash trading, Spoofing / layering, Front running and other misconduct.

2. Quality & Timely Reviews : Ensure that every review of communications and transactions is thorough, accurate, and completed within the required timeframes using documented procedures, policies and guidelines, and escalate issues promptly. Timeliness is crucial for regulatory compliance and risk mitigation.

3. Maintain Accurate Records : Document every investigation with clear, factual commentaries, including the rationale for closure or escalation.

4. Raise & Investigate Red Flags : When suspicious activity is detected, raise inquiries, analyze the facts, investigate thoroughly, and present to the team for discussions and further escalation.

5. Stay Updated on Policies & Market News : Continuously monitor changes in firm policies, regulatory requirements, and market developments that could affect trading behavior.

6. Teamwork & Program Support : Work collaboratively with colleagues to achieve the objectives of the market surveillance program. Share insights, support team initiatives, and contribute to a positive, productive work environment.

7. Continuous Improvement : Regularly seek ways to enhance surveillance processes using available technology and tools. Identify areas to drive efficiency and consistency, recommend automation, adopt advanced analytics, and provide feedback on system enhancements. Stay open to innovation.

8. Flexibility & Adaptability : Be ready to adjust to changing team and business needs, such as shifting priorities or urgent investigations.

What we value :

Education & Preferred Qualifications :

(ref : iimjobs.com)