Assistant Vice President, Surveillance Optimization

About the role

Barclays is hiring an Assistant Vice President for Surveillance Optimization in Pune, India, within its Compliance business area. The role supports the development, optimisation and effectiveness of the Market Surveillance programme by assessing surveillance model scenarios, analysing their performance and finding ways to improve surveillance coverage, data quality and alert productivity. It works closely with Surveillance Operations, Compliance Technology, Business Oversight Compliance, Product Compliance and other stakeholders, and covers model inventory management, documentation, governance forums and regulatory or audit requirements.

Key responsibilities

• Assess surveillance scenarios regularly and ad hoc, and monitor and test surveillance models to ensure they perform as intended
• Identify improvements in data quality, risk coverage and alert productivity
• Monitor market activity (order flows, prices, trading volumes, transactions and communications) to spot potential market misconduct
• Support investigations into market manipulation, insider trading and other market abuse
• Support coverage assessments, new surveillance requirements and the surveillance optimisation book of work and model inventory
• Prepare documentation of assessments, findings and recommendations, and present them to governance forums and Product Compliance stakeholders
• Work with teams building surveillance models, analytics and optimisation tools, and escalate emerging risks
• Support regulatory enquiries and audits, and produce timely reports on surveillance activities and trends
• Maintain relationships with Surveillance Operations, Product Compliance, Compliance Technology and Change Management, and execute controls under the Barclays control framework

Required profile

• Proven experience supporting the maintenance, assessment or optimisation of a Market Surveillance programme
• Experience with surveillance scenarios, alerts, trading or transaction data and surveillance controls
• Understanding of financial markets, traded products, order flows and market conduct risks
• Strong analytical and problem-solving skills, and the ability to document findings and communicate recommendations to Compliance, Technology and business stakeholders
• Desired: experience in Market Surveillance, Trade Surveillance, Compliance Surveillance, Market Conduct Risk or a related Compliance/Financial Crime function

Required skills

• Market surveillance and surveillance model scenario optimisation
• Knowledge of market abuse typologies (market manipulation, insider trading) in transaction, order and trading data
• Data and analytics to assess surveillance effectiveness and reduce unproductive alerts
• Detailed knowledge of MiFID II and MAR