HSBC Group

Business: FCTM Surveillance

Open positions:1

Role Title: Manager Surveillance GSC’s

Global Career Band: 6

Location (Country / City ): India/Bangalore

Recruiter Name : Geetika Gupta

Why join us?

• 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 Opportunity:

• Surveillance roles are responsible for the identification and management of undesired risk activities including conduct risk and financial crime risk. They are responsible for integrating prescribed and required forms of surveillance in the business, complimentary to existing process/systems.

What you’ll do:

• Identify potential new forms of staff or counterparty misconduct.
• Determine whether these could be identified through the surveillance team’s current systems, processes, people and the data sets surveilled.
• In liaison with the Product Management and Transformation Team, prioritise the development of the systems, processes, people and data sets needed to (better) identify these new forms of misconduct for their business/asset class.
• Input into and track the development of these new surveillance capabilities.
• Deal with the alerts once they have already been passed through a first (level one) review.
• Ensure that all alerts are satisfactorily escalated and resolved.
• By looking across the alerts (ie holistically) identify improvements the way in which alerts are generated to improve the effectiveness and efficiency of the surveillance process.
• Carry out in investigations requested by Regulators, senior management and the businesses/asset classes into certain practices, businesses, individuals and events.  Escalate, as appropriate, any material findings or incidents of misconduct highlighted by these investigations.
• Coordinate or produce regular MI reports to key internal stakeholders including analysis of the MI.
• Foster a close relationship with key front office and support function stakeholders.
• Assist team members with the implementation and roll-out of a new surveillance tools and models.
• Support the Surveillance team in the resolution of audit and control findings.
• Liaise with Transformation and Technology and aid Surveillance in delivery.
• Analyse and explore multiple data types in order to identify anomalies and patterns of risk.
• Understand financial products and HSBC’s business processes around these.
• Work across various technology platforms (surveillance, analytics, trading platforms, etc.).
• Imperative escalation of potential regulatory and internal market misconduct breaches to Compliance Senior Management.

What you will need to succeed in the role:

• A strong understanding of the rules relevant to trading and sales activities for Equities, Options, Money Market, Foreign Exchange and Fixed Income.
• Expert knowledge of financial markets and traded products.
• Demonstrable experience (3 or more years) working in a Surveillance role. Consideration will also be given to those with Compliance Advisory or Front-office experience.
• Ability to support decisions with sound reasoning. Ability to clearly articulate business and regulatory implications of analysis and findings.
• Strong analytical skills.  Experience in Visual Basic for Applications and macros is an asset.
• Evidence of collaboration with key stakeholder functions as well as providing credible challenge to the business/desk supervisors in their daily risk management.
• Well-developed communications, analytical, organizational, and project management skills.  

What additional skills will be good to have?

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

Link to Candidate User Guide:

https://hsbchrdirect.service-now.com/nav_to.do?uri=%2Fhrsp%3Fid%3Dkb_article_preview%26sys_id%3D0c6b11641b6a9810cec0553a2d4bcb2a

(Or)

Go to the below link and type “IND GSC : IJP Applicant User Guide” in search bar. https://hsbchrdirect.service-now.com/hrsp?id=hrdirect_employee_dashboard

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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