Job Description

Trade Surveillance Analyst

New York, New York;Jersey City, New Jersey

**Job Description:**

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. Were devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

**Job Description:**

This job is responsible for accurate and timely test development and execution and/or supporting operational and administrative activities related to the end to end test execution process. Key responsibilities of the job include executing high quality testing in accordance with the test script, documenting and escalating defects, preliminary reporting and analysis of results, and collaborating with Compliance and Operational Risk officers and/or Front Line Unit (FLU) process owners on the identification of themes and trends at the Front Line Unit (FLU), control function and Enterprise level.

**Responsibilities:**

+ Conducts independent testing on a team in support of coverage needs identified by Compliance and Operational Risk officers and/or Front Line Unit process owners, inclusive of transactional, qualitative, onsite, employee quality review, and surveillance testing

+ Identifies, documents, and escalates defects identified during testing, working closely with Compliance and Operational Risk officers and/or Front Line Unit process owners to validate preliminary results

+ Collaborates with Compliance and Operational Risk officers and/or Front Line Unit process owners on the identification of themes and trends at the Front Line Unit, control function and enterprise level

+ Manages the quality of the end to end execution process in accordance with the Independent Testing Enterprise Policy and Standard

+ Supports the test development process as applicable depending upon the complexity of the testing

+ Interacts with internal and/or external contacts to identify, research, analyze, and resolve complex problems

**Skills:**

+ Adaptability

+ Attention to Detail

+ Collaboration

+ Monitoring, Surveillance, and Testing

+ Problem Solving

+ Data Privacy and Protection

+ Influence

+ Issue Management

+ Reporting

+ Underwriting

+ Interpret Relevant Laws, Rules, and Regulations

+ Quality Assurance

**Minimum Education Requirement:** Null

Job Description:

The Trade Surveillance analyst is primarily accountable for conducting "Market Conduct Trade Surveillance which begins with computerized analyses of activities that trigger alerts requiring additional review to determine whether the activity was a violation of a law, rule, regulation, policy or procedure requirement related to one or more Market Conduct Risk Behaviors.

The Trade Surveillance analyst is accountable for reviewing alerts in accordance with prescribed guidance, and, reporting and analysis of results. This role may participate in development and design of the scripts used to review the alerts. The Trade Surveillance analyst collaborates with Compliance and Operational Risk on the identification of themes and trends at the front-line unit, control function and enterprise level.

Key Responsibilities:

The Trade Surveillance analyst is accountable for providing consistent, sufficient, and quality alert disposition in a timely manner, and/or supports operational and administrative initiative activities related to the Trade Surveillance of the Functional area he or she supports. This role interacts extensively with internal or external contacts to identify, research, analyze and resolve complex problems.

Daily responsibilities of the Trade Surveillance analyst include reviewing alerts utilizing prescribed scripts, identifying and documenting defects and providing daily updates to leads and managers as needed. This role works closely with Risk, Compliance, and SMEs to conduct trade Surveillance.

The Trade Surveillance analyst has intermediate knowledge of the system(s) of record required to conduct trade surveillance activities and translates business strategy into work programs and processes. This role may contribute and/or participate in multiple special projects.

Required Qualifications and Experience:

2+ years work experience in Trade Surveillances or related area

Bachelors Degree or equivalent experience

Adaptability to dynamic work environment with multiple priorities and strict deadlines.

Ability to work in a team-oriented environment.

Ability to communicate through verbal, written and interpretational communication skills to all levels of the organization.

Good understanding of business, markets and products

Intellectual curiosity, anticipate risk and forward thinking

Desired Experience

Understanding of the Financial Industry, front office or back office experience or market and product knowledge (Equities, Foreign Exchange, Fixed Income and Commodities/Futures Options.

Front office or middle office experience, or trading related experience

Experience using surveillance tools such as Actimize and/or Smarts Surveillance platforms

Excellent interpersonal, written and verbal communication skills

Skills and Competencies:

General understanding of trade surveillance, and the rules, laws, and regulations that address Market Misconduct

Knowledge of Fixed Income and Equities related products

Effective Verbal Communication

Business Writing and Acumen

Acts with Courage and Conviction

Strong Business Acumen

Drives Operational Excellence

Critical Thinking and Analysis

Attention to Detail

Strong Partnership and Influencing Skills

Collaboration

Time Management

Complex Problem Solving

Judgment and Decision Making

**Shift:**

1st shift (United States of America)

**Hours Per Week:**

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE ( .

To view the "EEO is the Law" Supplement, CLICK HERE ( .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE .

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