Surveillance Optimization - AVP Greater Pune, India Area

Job Description

Purpose of the role

To monitor and analyse market activity for potential signs of abuse or manipulation, verifying that there is adherence to regulatory requirements and internal policies and taking action to mitigate market misconduct.

Accountabilities

Monitoring market activities continuously, including order flows, prices, trading volumes and communications to identify potential irregularities or market misconduct.

Conducting in-depth investigations to gather evidence and assess the risk of market manipulation, insider trading, or other misconduct.

Business support in projects related to the firm’s market surveillance framework.

Regulatory query and internal/external audit support.

Provision of accurate and timely reports to regulatory authorities, internal stakeholders, and management regarding market surveillance activities, incidents, and trends.

Execution of appropriate controls aligned to the Barclays control framework and related firm-wide standards.

Control environment support in relation to data quality, model effectiveness and efficiency.

Assistant Vice President Expectations

To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.

Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes

If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.

OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.

Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.

Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.

Take ownership for managing risk and strengthening controls in relation to the work done.

Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.

Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.

Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.

Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.

Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Join us as "Surveillance Optimization - AVP" to support the ongoing development, optimisation and effectiveness of the Market Surveillance programme by assessing surveillance model scenarios, analysing their performance and identifying opportunities to improve surveillance coverage, data quality and alert productivity.

The role will work closely with Surveillance Operations, Compliance Technology, Business Oversight Compliance, Product Compliance and other stakeholders to ensure surveillance scenarios remain effective, risk-based and aligned with regulatory requirements. The role will also support surveillance model inventory management, optimisation initiatives, documentation, governance forums and regulatory or audit requirements.

Key Accountabilities

Conduct regular and ad-hoc assessments of market surveillance scenarios to evaluate their effectiveness and efficiency.

Perform ongoing monitoring and testing of surveillance models to ensure scenarios are operating as intended.

Identify opportunities to optimise scenarios through improved data quality, risk coverage and alert productivity.

Monitor market activity including order flows, prices, trading volumes, transactions and, where relevant, communications to identify potential market misconduct.

Support investigations into potential market manipulation, insider trading and other forms of market abuse.

Support surveillance coverage assessments and development of new or enhanced surveillance requirements.

Assist with the management and delivery of the Surveillance Optimisation book of work and model inventory.

Prepare and maintain supporting documentation explaining surveillance assessments, findings and recommendations.

Present or support the presentation of optimisation recommendations to relevant Surveillance governance forums and Product Compliance stakeholders.

Work collaboratively with teams developing surveillance models, analytics capabilities and optimisation tooling.

Identify emerging surveillance risks and issues and support investigation and escalation where appropriate.

Provide support for regulatory enquiries and internal or external audit requests.

Produce accurate and timely reporting on surveillance activities, issues, trends and optimisation outcomes.

Build and maintain effective relationships with Surveillance Operations, Product Compliance, Compliance Technology and Change Management teams.

Execute appropriate controls and reviews in line with the Barclays control framework and applicable standards.

Required Skills:

Market Surveillance: Proven experience supporting the maintenance, assessment or optimisation of a Markets Surveillance programme.

Surveillance Models & Scenario Optimisation: Strong understanding of surveillance scenarios, model performance, alert generation, scenario testing and optimisation techniques.

Market Abuse Risk & Trading Data: Strong knowledge of market surveillance risks and typologies, including market manipulation and insider trading, with an understanding of how these risks appear within transaction, order and trading data.

Data & Analytics: Good understanding of how data analysis and analytics can be used to assess surveillance effectiveness, improve risk coverage and reduce unproductive alerts.

Regulatory Knowledge: Detailed understanding of relevant market conduct and surveillance regulations, including MiFID II and MAR, and how regulatory requirements influence surveillance programmes.

Desired Qualifications:

Relevant experience within Market Surveillance, Trade Surveillance, Compliance Surveillance, Market Conduct Risk or a related Compliance/Financial Crime function.

Experience working with surveillance scenarios, alerts, trading or transaction data and surveillance controls.

Understanding of financial markets, traded products, order flows and market conduct risks.

Strong analytical and problem-solving skills with the ability to interpret surveillance data and scenario performance.

Ability to document findings clearly and communicate recommendations to Compliance, Technology and business stakeholders.

Critical Skills

You will be assessed on key critical skills required for this role such as, Market Surveillance, Scenario Optimisation, Surveillance Model Testing, Market Abuse Risk, Trade & Transaction Data, Data Analytics, MiFID II / MAR, Risk & Controls, and Stakeholder Management.

This role is based out of Pune