Assistant Manager
Bank of America
Mumbai, Maharashtra
Mumbai, India
Job number: 19057074
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Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.
We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business (LOB) and enterprise functions.

Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.

  • BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank
Process Overview

Information Barrier Surveillance Team is primarily responsible for preserving the integrity of the Firm’s information barriers by monitoring and controlling the flow of confidential information between the Firm’s advisory side businesses (e.g., Investment Banking and Merchant Banking) and public side businesses (e.g., Sales, Trading, Research, and Investment Management). To manage information flows and avoid any appearance that sensitive information is being abused.

Continuous surveillance of business/employee activities is performed through automated systems (like Actimize, etc.) and filters.

Job Description

Individuals will be part of the GBAM Compliance Trade Surveillance group supporting one of the global regions AMRS, EMEA and APR. Individual will be responsible for monitoring trading activities across multiple asset classes for market abuse. The individuals will also be responsible for investigating potential compliance/control room issues with multiple levels of management for appropriate disposition.


Perform trade surveillance on restricted and watch listed securities
Obtain deal updates (from Investment Bankers) – when needed for watch list reviews
Conduct trade surveillance to monitor market abuse across asset classes (equity, fixed income and derivatives trading)
Monitor trading activity using various exceptions based reports.
Analyze T+1 trading data on trade surveillance platforms for potential compliance issues.
Investigate potential compliance issues with management and document findings.
Work with the global compliance teams to document findings.
Analyze and organize data, identifying any trends in a timely manner.
Maintain accurate, organized and current compliance records and documentation in a manner consistent with the department’s needs.

Mandatory Skills

5+ years of experience in capital markets operations with a thorough understanding of trade life cycle
Strong product knowledge in capital markets
Working knowledge about SWAPS, Options, and other derivative products is a must
Strong analytical, interpersonal, organizational, and time management skills
Excel skills and attention to detail
Strong English written and verbal communication skills
Strong Team Player
Experience in working with applications like Actimize
Desired Skills

Experience in Control Room Surveillance / Trade Surveillance / Pre-trade / Post-trade / Real Time Surveillance

Graduate in any field
Shift Timings

12:30 pm-9:30 pm


Posting Date: 26/08/2019

Mindspace Malad
  • India