Join the Bank of America Team as a Compliance & Op Risk Manager - EQ/Futures

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Global Surveillance Strategy Team Responsibilities

As part of our Global Surveillance Strategy Team, you will:

• Take ownership of and improve the quality of surveillance alerts in our 2nd Line of Defense (LOD) function by leveraging your expertise in product-specific market microstructure and supporting data.
• Enhance the Surveillance program by identifying critical order/quote attributes, such as timestamps and market data, that affect alert quality.
• Lead periodic parameter reviews to assess and recommend changes to existing surveillance alerts.
• Conduct “effectiveness reviews” to analyze surveillance alert logic and propose improvements.
• Identify improvements in venue and product coverage by comparing transactional data with surveillance alert generation.
• Act as the technical liaison for GBAM Compliance and Operational Risk groups, coordinating with internal technology teams and external vendors on all product-specific surveillance matters.
• Participate in trading venue onboarding to ensure effective surveillance of new trading activities.
• Engage in market discussions with the front office to stay updated on new order types and market microstructure changes.
• Manage the Surveillance Technology Book-of-Work.

Role Description: Global Surveillance Strategy Specialist

Your key responsibilities will include:

• Assisting in the execution of regular reviews of the firm's trade surveillance processes and implementing necessary changes.
• Driving the firm's trade surveillance change program.
• Monitoring current developments in trade surveillance technology and promoting best practices.
• Advising on best practices and highlighting issues for policy or procedural changes in response to potential market abuse cases.
• Supporting the rationalization of trade surveillance alerts in our 2nd LOD.
• Helping to improve the Surveillance program by identifying critical order/quote attributes.
• Assisting in parameter reviews to analyze and recommend changes to surveillance alerts.
• Conducting transactional data analysis to verify the completeness of the surveillance data set.
• Acting as a technical liaison for GBAM Compliance and Operational Risk groups.
• Participating in trading venue onboarding initiatives to ensure new trading activities are effectively monitored.
• Engaging in market discussions to stay informed about market updates.
• Supporting the management of the Surveillance Technology Book-of-Work.

Core Requirements

To excel in this role, you should possess:

• Knowledge of Market Misconduct behaviors in primary or secondary trading.
• Understanding of the trading domain, including exchange-traded instruments and market microstructure.
• Experience on a trading desk, including order placement, routing, market data, and the full trade life cycle.
• Technical expertise and understanding of data attributes associated with orders and fills (e.g., FIX protocol, binary protocols).
• Knowledge of surveillance systems such as SMARTS, Actimize, KX, TradingHub, or OneTick.
• Programming and data management skills for analyzing model logic, calibrating parameters, and conducting ad-hoc data projects.
• Basic statistical understanding, including mean, median, mode, and standard deviation.
• Strong MS Office skills (Excel and PowerPoint).
• Excellent written and verbal communication skills.
• Ability to interact with senior stakeholders confidently.
• High aptitude, proactive approach, and entrepreneurial skills.