Online Surveillance Specialist - Stock Exchange - Banking/Financial Services

Role:

We are hiring for an Online Surveillance role in a Leading Stock Exchange firm in Mumbai.

Responsibilities:

- Monitor market movements, trends, and trading patterns across Equity, F&O, Currency, SLBM, IRF, and Commodity segments, and initiate necessary surveillance actions.

- Verify and analyse surveillance alerts related to market manipulation, price/volume movements, order spoofing, front running, pump-and-dump activities, insider trading, etc.

- Conduct preliminary investigations of alerts and escalate suspicious transactions for further review.

- Maintain awareness of applicable regulations for Market Infrastructure Institutions (MIIs), including SAST, PIT, PFUTP, PMLA, AML, FIU, LODR, ICDR, and related regulations.

- Drive process improvements through automation initiatives, business requirement gathering, software testing, and implementation of new functionalities.

- Direct the real-time surveillance of trading activities to detect potential market abuse, including insider trading and price manipulation, ensuring a fair trading environment for all market participants.

- Collaborate with regulatory bodies and internal stakeholders to report suspicious patterns, ensuring the exchange remains fully compliant with evolving SEBI guidelines and global best practices.

- Lead the enhancement of surveillance algorithms and automated systems to improve the detection of sophisticated trading strategies, thereby reducing false positives and increasing operational efficiency.