Market Surveillance Compliance - Assistant Vice President

JOB DESCRIPTION

Market Surveillance Compliance Program – Assistant Vice President

Location: Bengaluru (Bangalore), India

Time Type: Full time

Work Model: Hybrid (12PM – 9PM IST)
Business: Corporate Compliance – Market Surveillance

Who we are looking for

We are seeking a Market Surveillance SME to join our team of market surveillance specialists within the Financial Crimes Compliance (FCC) program at State Street Investment Management. The ideal candidate will bring proven experience and deep knowledge of financial markets, market abuse regulations, and surveillance practices including communications, and transaction monitoring. The candidate will lead the Bengaluru team and remain hands-on, supporting day-to-day surveillance coverage requirements.

You should be adept at identifying and investigating suspicious activities, interpreting complex regulatory directives, and applying best practices in market surveillance. Strong analytical skills, attention to detail, and the ability to work collaboratively within a high-performing team are essential for success in this role.

Why this role is important to us

The Market Surveillance team is central to protecting our clients, funds, and the firm’s reputation by proactively detecting and preventing market abuse, executing critical surveillance activities required by regulators across multiple regions and legal entities, and ensuring our operations remain compliant and resilient. This role directly strengthens our governance, regulatory posture, and operational resilience, while shaping a culture of integrity and transparency that goes beyond compliance to support the firm’s long-term success.

What you will be responsible for

Market Surveillance – AVP

1. Daily Communications Reviews & Trade Monitoring: Conduct daily reviews of surveillance-flagged communications (email, chat, voice) and trading activity to identify indicators of market abuse and misconduct such as insider trading, wash trades, spoofing/layering, front-running, and other inappropriate behavior

2. Quality & Timely Reviews (SLA Adherence): Ensure reviews are thorough, accurate, and completed within required timeframes, following documented procedures, policies, and guidelines. Escalate potential concerns promptly to mitigate risk and meet regulatory expectations

3. Maintain Accurate Records & Audit-Ready Documentation: Document each review/investigation with clear, factual commentary, evidence references, and a well-supported rationale for closure, monitoring, or escalation

4. Raise & Investigate Issues: When suspicious activity is detected, raise inquiries, gather and analyze relevant facts, conduct appropriate follow-ups, and present cases to the team/leadership for discussion and escalation where required

5. Stay Updated on Policies, Regulations & Market Developments: Keep current with changes in internal policies, regulatory requirements, and market developments that could impact trading behavior, alert trends, and surveillance priorities

6. Teamwork & Program Support: Work collaboratively across the surveillance program and with key stakeholders to achieve program objectives. Share insights, contribute to a positive team culture, and support broader compliance initiatives

7. Continuous Improvement & Technology Enablement: Identify opportunities to improve surveillance effectiveness and efficiency using available tools and technology. Provide actionable feedback on scenario tuning, alert quality, workflow improvements, automation opportunities, and process standardization

8. Flexibility & Adaptability: Adjust to changing business needs, shifting priorities, event-driven spikes, and urgent investigations while maintaining quality and timeliness

9. Management Reporting & Issue Escalation: Produce and/or oversee accurate and timely management reporting (volumes, aging, SLA performance, themes, escalations). Identify operational issues, emerging risks, and operational challenges; escalate potential breaches or systemic gaps with clear mitigation proposals

10. Market Event Awareness & Knowledge Sharing: Monitor significant market events and assess potential impacts on alert volumes and risk themes. Share relevant insights with the team and help implement practical controls/triage approaches to focus resources on the highest-risk activity

11. Team Management & Leadership: Lead and develop a team of analysts by setting clear expectations, allocating work based on risk and capability, ensuring adequate coverage/capacity, and coaching the team on investigation quality and documentation standards. Proactively identify skill gaps, training needs, and process bottlenecks, and escalate/resolution-track issues in a timely manner. Drive a strong control culture through consistent review standards, timely escalation, and ongoing performance feedback

What we value

• Market Surveillance: Ability to understand financial products and manipulation techniques/theories and how to capture those instances with minimal oversight
• Regulatory Judgment: Strong capability to interpret communications and trades in connection with regulatory requirements, external events including firm policies, etc. Ability to make risk-based decisions using a strong ethical decision making
• Communication & Influence: Clear, concise writing and executive‑ready storytelling; ability to influence without direct authority across global, cross‑functional stakeholders
• Quality Orientation: Meticulous attention to detail; consistent on‑time delivery in a dynamic, deadline‑driven environment
• Culture: Enthusiasm for the introduction of new technologies including AI and analytics

Education & Preferred Qualifications

• Bachelor’s degree required (e.g., Business, Finance, Accounting). Advanced degree and professional certifications preferred.
• 8–10+ years of progressive experience in Compliance (asset management/wealth or banking), including market surveillance program execution.
• Strong understanding of financial products and asset classes.  Trading experience, preferred
• Experience at an investment management firm

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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