Vice President, Trade Surveillance (Model Management)

BNY Mellon•Lake Mary, FL

5h•Onsite

About The Position

The Vice President - Trade Surveillance (Model Management) has key responsibility in helping the firm manage its regulatory risk through the implementation and/or oversight of trade surveillance across the various businesses and countries in which BNY conducts business. The right candidate will have familiarity with surveillance requirements as outlined by the U.S. Securities and Exchange Commission, FINRA, the Financial Conduct Authority and APAC regulators. Experience with trade surveillance vendors and previous experience implementing a global trade surveillance system is preferred.

Requirements

Strong knowledge of the financial services regulatory environment is essential.
Excellent spoken and written communication skills in English and the ability to understand compliance policies and process assigned tasks in accordance with procedures.
Advanced MS Office skills.
Strong data science and analytical skills, including proficiency in Python or R, with the ability to identify, collate and distil relevant information and present findings effectively to senior stakeholders.
Focused attitude to work with the ability to constantly meet deadlines while ensuring attention to detail, and high level of accuracy.
Good interpersonal and communication, and negotiation skills.
Ability to work effectively in a fast-paced environment, with the ability to prioritize and balance competing, time sensitive demands.
Bachelor’s Degree required (or equivalent)

Nice To Haves

Preferred experience: extensive industry experience with time working in Trade Surveillance.
familiarity with surveillance requirements as outlined by the U.S. Securities and Exchange Commission, FINRA, the Financial Conduct Authority and APAC regulators.
Experience with trade surveillance vendors and previous experience implementing a global trade surveillance system is preferred.

Responsibilities

Execute the firm’s approach to Trade Surveillance model validation harnessing the latest available technology solutions
Review transaction alert parameters to detect and identify potential market abusive activities or behaviour.
Review and evidence alert parameter review and model performance testing clearly and factually.
Identify and lead surveillance model validation change programmes, coordinating globally where required.
Work with External Vendors, Business Compliance and 1LOD business control where relevant partner functions to ensure the proper reporting of surveillance model validation issues internally on a timely basis.
Escalate findings in a controlled and organised fashion.