Senior Analyst - Trade Surveillance (EMEA)

Bangalore, Karnataka
Permanent
Full-time

7 days ago
Apply easily

About MUFG Global Service (MGS)Mitsubishi UFJ Financial Group, Inc. (MUFG), headquartered in Tokyo, is one of the world’s leading financial groups with over 360 years of history. Operating through a global network of about 2,000 locations across more than 40 markets and employing around 150,000 people, MUFG provides a comprehensive range of financial services including commercial and trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. MUFG Global Service is the Global Capability Centre (GCC) of MUFG supporting MUFG entities globally from Mumbai and Bengaluru locations; employing around 2000 staff. For more information, visitJob DescriptionAbout MUFG:Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,100 locations in more than 50 markets. The Group has over 160,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges.MUFG Bank, Ltd. is Japans premier bank, with a global network spanning more than 50 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide.In Asia, MUFG has a presence across 20 markets Australia, Bangladesh, Cambodia, China, Hong Kong, Indonesia, India, South Korea, Laos, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, Thailand, and Vietnam.It has also formed strategic partnerships with some of the most prominent banks in Southeast Asia, further augmenting its unrivalled network across the region VietinBank in Vietnam, Krungsri in Thailand, Security Bank in the Philippines, and Bank Danamon in Indonesia.Description:The health and safety of our employees and candidates are very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), were leveraging our digital capabilities to ensure we can continue to recruit top talent at the MUFG Group. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.If youre looking for a career where you can make a real impression, join MUFG and discover how valued youll be.Department Overview:About MGS India:Established in 2020, MUFG Global Service (MGS) formerly known as MUFG Enterprise Solutions India Private Limited (MES India) is 100% subsidiary of MUFG Bank Ltd having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia Pacific.The EMEA Surveillance Department sits within the MUFG Core Compliance Division. Through an established trade and communications surveillance program, EMEA Surveillance is responsible for preventing, monitoring, detecting and reporting suspicious trading activities, market and client misconduct, and other compliance breaches within MUFG EMEA's business environment. This department plays a critical role in safeguarding MUFG EMEA's assets, employees, clients and reputation by ensuring strict adherence to regulatory requirements, compliance standards and internal policies.Whilst the department is based in London, supported by its Centre of Excellence in Bangalore, its remit spans across the EMEA region to deliver strategic surveillance solutions, including to MUFG offices in France, Netherlands, Germany, UAE and Qatar.About the Role:Position: Sr AnalystLocation: Bangalore, IndiaLegal Entity: MGS IndiaJob Profile:Purpose of Role:

Surveillance in EMEA Core Compliance is responsible for delivering a comprehensive and integrated trade and communications surveillance program across MUFG Bank and MUFG UFJ Securities EMEA
(MUSE) and affiliates related sales and trading operations.
The main purpose of the role is to conduct Level 1 monitoring and surveillance of MUFGs order and trading activities, applying MUFGs systems, risk framework and standards applicable from time to time.
You will be expected to contribute to the overall surveillance and monitoring framework by
Applying experience as a surveillance officer to review all automated and manual alerts generated by trade surveillance systems across all asset classes.
Assisting the MUFG- EMEA Level 2 team in surveillance-related tasks throughout the year, including the annual calibration review process on all trade surveillance alerts and controls.
Working collaboratively with the Level 2 team, responding to all ad hoc queries and providing solutions in a timely manner.

Main Responsibilities:These responsibilities include, but are not limited to providing support in conducting, the items listed below as per SOPs and may be amended from time to time:

Tasked with reviewing all trade surveillance alerts within set timelines; documenting closure rationales and escalating to the Level 2 team if any concerns of suspicious activity arise.
Giving support to the annual calibration review process which tests parameters and thresholds across all alerts in the automated surveillance systems. In collaboration with the Level 2 team, contributing to the early analysis of results that will feed the overall effectiveness of the trade surveillance framework.
As part of BAU work, notifying the Level 2 team of any anomalies or adverse trends in alert generation in order to facilitate the early identification of potential market abuse issues.
Reporting all system issues to the Level 2 team in order to minimise operational risk.
Proactively suggesting enhancements that could improve the overall efficiency of trade surveillance processes.
Following regulatory requirements applicable to ensure that outsourcing activities meet all key regulatory requirements including data protection; confidentiality and adhering to standards and expectations applicable to outsourcing and offshoring arrangements.
Assisting in the preparation of management information for periodic Compliance reports to senior management.
Support in any UAT work that may be required as part of system development work.
Having the ability to flexibility adjust priorities in accordance with Level 2 team guidance in order to meet important deadlines.
Developing the ability to use automated communication surveillance systems to complement the review of trade surveillance alerts.
Demonstrating a proficient understanding of financial markets, covering major asset classes such as equities, fixed income, foreign exchange, repos, and derivativesincluding but not limited to futures, swaps, options and structured products.
Carry out surveillance with the aim of identifying any indicators of potential insider dealing, market manipulation, market misconduct and other breaches of relevant rules, regulations and MUFG policies committed by MUFG employees or MUFG clients.

Skills & Experience:

5-8 years+ of experience in a Compliance Surveillance role or similar
Knowledge of MAR regulatory requirements and being able to identify risks in relation to potential Market Abuse
Basic to intermediate knowledge of investment banking products, asset classes and market operations obtained through surveillance or audit or first line or middle office operational roles
Good knowledge of the FMSB good practices for market abuse surveillance
Good knowledge of Nasdaq Smarts, KX or similar trade surveillance systems with experience in alert management
Good knowledge of Behavox, Global Relay, or similar communication surveillance systems
Competent with using Bloomberg terminal and functionalities
Competent with excel, trade booking systems and trade data
FX, Equities and Fixed Income products knowledge including spot and FX derivatives
Excellent Microsoft Office and Excel skills

Education & professional qualifications:

Bachelors Degree or above

The ideal candidate will demonstrate the following skills and attributes:

Strong numerical skills
Understanding of Banking risks and regulations
Effective time management skills, with the ability to produce high quality output and meet tight deadlines. A calm approach, with the ability to perform well in a pressurized environment
Problem solving, analysis and reporting skills
Good communication and interpersonal skills
Results driven, with a strong sense of accountability
A proactive, motivated approach.
The ability to operate with urgency and prioritize work accordingly
Strong decision-making skills, the ability to demonstrate sound judgement
Excellent attention to detail and accuracy

MUFG