Vice President - Compliance Surveillance

This role will be responsible for supporting India Compliance for conducting surveillance viz Transactional Surveillance; E-communication Surveillance and Audio Surveillance over monitored employees of all applicable lines of businesses in HSBC to identify incidences of market abuse or misconduct. This role requires detailed knowledge forex and fixed income markets & activities and surveillance methods (including bespoke surveillance systems). This role will bring financial efficiencies through significantly reducing HSBCs exposure to regulatory censure and financial penalties .

Role Specification

• Review alerts that are generated via automated surveillance system and escalated by offshore
• Perform (review and analyze) trade surveillance on alerts generated via automated trade surveillance systems from across an array of asset classes including forex & fixed income for potential market abuse and escalate them where appropriate.
• Conduct Manual/Tactical Surveillance Controls as per the applicable Surveillance Procedures.
• E-communication and Audio Surveillance over monitored employees & carry out various manual control activities to identify instances of market abuse.
• Contribute to continuously enhancing our investigatory capabilities by identifying new internal and external data sources, systems capabilities and investigative techniques
• Support ongoing strategic endeavours such as the roll out of next generation trade surveillance capabilities across business lines and asset classes
• Forge strong working relationships with stakeholders from the businesses we protect and enable as we'll as colleagues in Compliance, Risk and the Control Offices, acting as an ambassador for Surveillance, showcasing successful outcomes where appropriate
• Strive to be the SME for Trade Surveillance function. Co-ordinate with colleagues across the wider Surveillance function, ensuring consistency where appropriate and promoting best practices .

Requirements

• A strong understanding of financial markets specifically Forex/ Fixed income and experiences of working in banking / financial industry.
• Understanding of market abuse risks and information control barrier risks.
• Experience of working in a dealing/trading environment is preferable but not essential
• Experience of working in a surveillance monitoring or investigative function is preferable
• Knowledge of surveillance tools such as TradingHub, BTCA and Digital Reasoning is preferable but not essential
• A working understanding of the market abuse aspects of RBI, SEBI, SFC, HKMA rules and regulations as we'll as other relevant global and regional regulation (MAR, MiFID)
• Possession of an inquisitive and investigative mind-set and a willingness to learn and develop is key to success in this role
• A team player that can contribute to team development, effectiveness and success by sharing knowledge and good practice, working collaboratively with others to create a productive, diverse and supportive working environment