If you’re looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you’ll be.
We are currently seeking an experienced professional to join our team in the role of
Assitant Vice President Trade Surveillance
Role purpose
Compliance is a global function that brings together all aspects of regulatory and financial crime risk management. Acting as risk stewards, and incorporating a range of specialist teams, we work together with the business and leverage advanced technology to help HSBC navigate a complex regulatory landscape and embed a sustainable approach to compliance risk management that supports safe growth and serves customers fairly. Compliance aspires to continuously raise the bar and set leading standards across the industry to help HSBC safeguard its customers and the communities within which it operates.
Key responsibilities (including, but not limited to):
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Identify and investigate potential new forms of market abuse, staff or counterparty misconduct.
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Maintain a strong working knowledge of financial products and the end-to-end trade lifecycle across Equities, Fixed Income, and FX. Apply this understanding to interpret alerts, assess trading behaviour, and support accurate alert disposition, RFIs, and escalations.
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Provide technical input and quality oversight to ensure alerts are processed in line with agreed procedures and standards, with effective feedback loops in place.
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Manage RFIs and escalations end-to-end by drafting and issuing requests to the business, ensuring appropriate stakeholder oversight, and obtaining FSO approval where required before proceeding.
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Coordinate escalation to formal investigation by raising cases to L3 teams’ post-approval and tracking outcomes.
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Partner with the FSO to support regulatory reporting escalation pathways (e.g., STOR/SAR/SMR, or equivalent) when required.
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Performing periodical analysis of trading data, trends, and systems’ calibration to ensure that the controls are fit for purpose.
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Contribute to threshold calibration and detection optimization by grouping false positives by theme, estimating effort/impact, and progressing recommendations with the FSO and technical teams to assess potential system enhancements.
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Identify training needs and deliver coaching/training to upskill staff and improve consistency of outcomes.
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Act as a Change Champion by onboarding new work from the Hubs and stabilizing delivery until it transitions into BAU.
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Undertake timely and accurate resolution of requests by Regulators, senior management and the businesses/asset classes into certain practices, businesses, individuals and events. Escalate, as appropriate, any material findings or incidents of misconduct highlighted by these investigations.
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Draw conclusions from own or team analysis, advising and making appropriate recommendations to Surveillance Senior Management in order to rectify issues identified.
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Support the development of new trade and communications surveillance controls to identify misconduct and market abuse, including in the testing of next generation trade and communications systems.
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Partner with regulatory change and other regulatory SMEs to understand new and revised regulatory requirements, codes of practice and others, ensuring surveillance is correctly positioned to satisfy regulatory requirements and changes and that any impact is disseminated to the appropriate businesses.
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On occasion, delegate for Surveillance management at internal control and governance forums.
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Support management in the resolution of audit and control findings.
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Produce and present regular MI reports to key internal stakeholders including analysis of the MI.
Requirements
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Experience in surveillance and/or very good understanding of the Financial Industry, or market and product knowledge (Equities, Foreign Exchange, Fixed Income and Commodities/Futures Options).
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Strong data analytical and problem-solving skills with the ability to exercise sound and balanced judgment.
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Communications Surveillance experience, or an ability to rapidly upskill is essential.
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The ability to analyse and present complex information in a clear, concise and precise written and verbal format is essential.
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A working understanding of the market abuse aspects of MAR, MIFID, FCA Handbook and other relevant global regulation.
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An ability to think strategically, with perspective, and demonstrate resilience, is critical.
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An ability to inspire confidence and enthusiasm in Surveillance deliverables in both staff and stakeholders is critical.
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An ability to act in a pressurized, but supportive environment, is critical.
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An ability to self-motivate and ‘do the right thing’ is critical.
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The ability to maintain ‘grip’ and attention to detail on multiple and competing Surveillance team and personal priorities, and ensure delivery through self and through or with others.
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Strong, practical experience of risk management in a multi-dimensional environment (for example, industry expectations, regulatory pressures, extensive internal scrutiny).
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Nice to have AMIB 3 and CFI.
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Advanced English
You’ll achieve more when you join HSBC!
At HSBC we offer our colleagues a greater number of days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care
HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
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