Associate, Compliance & Control II
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities, and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We're seeking a future team member for the role of Associate, Compliance & Control II to join our India Voice Surveillanceteam. This role is located in Pune, MH – HYBRID.
In this role, you'll make an impact in the following ways:
The Surveillance program is based on a partnership with the line of business, however, is also independent to ensure that the company and individuals within the company comply with all applicable laws, regulations, market standards, and ethical norms.
The Compliance Surveillance is a multifaceted team which is responsible for –Providing independent quality checks and challenge over the Voice and E-communications surveillance programs.
Undertaking L1 review of surveillance alerts generated in E-comms and Voice programs to detect potential instances of Market Abuse & Breaches of information boundaries or internal policies.
Review of Voice communications, conduct initial analysis and identifying any irregularities or discrepancies as part of the review process and investigating and escalating activity as appropriate.
Support the day-to-day efforts related to assessing whether employees globally are compliant with relevant laws, rules, regulations based on review of alerts closed by 1LoD.
Ensuring they meet of all the Key Performance and Risk Indicators as agreed in the SLD.
Liaising and collaborating with IT Support, L2 Compliance, Business Partners to handle raised cases and potential changes regarding surveillance software and systems.
Bringing in additional controls, if required, to improve the quality of deliverables.
Identification of risk and communicating the same with internal management and business partners.
Maintaining and updating process related documents on regular basis.
Ensuring the completion of Mandatory training modules as per the agreed timelines.
Challenge 1LoD, whenever evidence or rationale of closed alerts is insufficient.
Escalate issues to appropriate stakeholders and track through closure.
Document the reviews and outcomes to ensure complete and accurate audit trail.
To be successful in this role, we're seeking the following:
The ideal candidate must possess knowledge of and rationale for Voice surveillance, asset classes surveilled, and applications used for the same.
Must have good understanding of market abuse, types of market abuse, insider trading, wash trading, front running, how to identify the same across various asset classes and use this discretion while closing the alerts.
Should have an understanding about Financial Services Industry, the regulatory landscape, with a specific focus on fixed income and foreign exchange surveillance in addition to equities.
A solid understanding of capital market instruments etc. and knowledge of compliance concepts.
Must have good oral and written communication skills in English. An ability to understand compliance policies and process assigned tasks in accordance with procedures would be expected.
Bachelor's degree in finance, preferred.
Min 2-3 years relevant experience in Surveillance (Voice/E-comms), operations, middle office or trading experience in fixed income and currency products preferred with total 4-5 years of work experience required.
At BNY, our culture speaks for itself. Here's a few of our awards:
America's Most Innovative Companies, Fortune, 2024
World's Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
"Most Just Companies", Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg's Gender Equality Index (GEI), 2023
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.