Summary
:
The Surveillance function, sitting within Compliance, monitors Market Conduct, Financial Crime (which includes money laundering, terrorist financing, bribery and corruption, sanctions breaches, facilitation of tax evasion, fraud, modern slavery, insider dealing and market manipulation) and Conflicts of Interest risks. Automated transactional and communication monitoring systems provide daily capabilities across key market abuse and financial crime behaviours for review by team analysts. A manual monitoring programme supplements the automated generation, allowing for larger scale data reviews across asset classes and communication media formats.
Surveillance works closely with Compliance IT to assist development and maintenance of the automated monitoring and other related systems. This ensures the continued innovation and enhancement of the systems to meet new regulatory requirements, changes in business strategy and emerging risks within the Firm.
In addition to transaction and communication surveillance, the Surveillance team is tasked broadly with other aspects of Market Conduct and Financial Crime Compliance including adhoc investigations into reports of suspicious behaviour, suspicious transaction and activity reporting, training, policy and procedure drafting, and leading bank-wide risk assessments.
Job Purpose:
This is Surveillance IT analyst role sitting within the Surveillance Governance and Controls (G&C). G&C are responsible for performing governance and assurance over the Surveillance controls programme. This role will provide dedicated analytical and technical support to the team to ensure that the technical rule reviews and enhancements can be progressed in a timely manner. As well as assistance with rule reviews, this role will assist broadly with the G&C work programme with a number of key responsibilities spanning data lineage, data accuracy and completeness, release testing and updates to documentation.
Key Responsibilities:
1. Assist the team by performing technical analysis during rule reviews to ensure an accurate understanding of rule logic and parameters.
2. Document requirements stemming from identified issues or enhancements.
3. Assist with parameter assessments / above and below the line testing.
4. Work closely with Compliance (Control) IT to understand rule logic, consider technical approaches to enhancements, estimate development timelines etc for prioritisation.
5. Formulate testing approaches, test plans and test cases.
6. Assist the team with UAT.
7. Assist with root cause analysis and follow-up of corrective action in relation to data gaps or other data related issues.
8. Updating rule specification documents
9. Other general work items to assist and expedite the G&C work programme.
Required Skills, Knowledge, Experience and Values:
10. Strong Business Analyst experience
11. Strong technical experience (database query, code review etc.)
12. Good knowledge of SQL
13. Technical understanding of Surveillance systems across market abuse and financial crime risk
14. Experience working with Compliance business stakeholders
15. Good understanding of business change and software development life cycles
16. Strong drafting and presentation skills
17. Wholesale or Commercial banking background
18. Product knowledge: OTCs, Swaps, Derivatives, Bonds, ETDs and Cash Equity nice to have
19. Experience of working in a FO domain nice to have
20. Mandarin nice to have
Values and Behaviours:
21. Flexible mindset
22. Pays attention to detail
23. Self driven
24. High level of integrity
25. Aptitude for learning
26. Open and inclusive
27. Accountable
28. Driven to improve and simplify
29. Delivers quality work product