Regulatory Change Compliance Officer - New York, United States - Société Générale

Société Générale

Verified Company

New York, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Responsibilities:

Responsibilities include, but are not limited to:

Monitoring, reviewing, tracking, and disseminating changes to applicable laws, rules, and regulations to determine applicability and impact to SG's U.S. business operations
Communicating regulatory information to stakeholders across the Firm both in the U.S. and globally
Drafting regulatory change related communications
Communicating with the U.S. Regulatory Inventory team to capture any new or changed final laws, rules, or regulations applicable to the Firm's U.S. operations,
Preparing detailed status reports, as needed, for Paris based Legal & Compliance Departments, regulators, senior management in the US and relevant governance committees
In connection with Regulatory Change Committee and others in the Compliance Department, escalating and remediating any identified gaps in regulatory coverage or the Regulatory Inventory
Working collaboratively with the Regulatory Change Team to meet deadlines and keep current on all monitored regulatory developments
Participating in the implementation and socialization of new technologies and the further automation and enhanced functionalities of the Regulatory Change modules in the Compliance Department's GRC tool.

Profile required:

DIVISION DESCRIPTION:

The Compliance department acts as Second Line of Defense of the corporate banking, investment banking and broker-dealer activities across Societe Generale's operations, reporting on the compliance risks and issues to local, regional, and head office management.

The staff provide the business lines with guidance on relevant laws, rules, and regulations applicable to their activities and the development of related policies, procedures, training, and controls.

The department oversees compliance with external and internal rules that govern our banking and financial activities including Know Your Customer, anti-money laundering, anti-terrorism financing, sanctions & embargoes, client protection, market integrity, anti-bribery & corruption, and data protection.

Additionally, it provides trade and communications surveillance, and manages transversal support functions that help the department achieve its goals

In its role, the Compliance Department contributes fully to the positive impact that Société Générale wishes to have on the transformation of our societies.

Therefore, preventing market misconduct, combating money laundering, and thwarting the financing of terrorism and corruption are all tasks that fall within the scope of compliance and contribute to the positive transformation of our economies.

The Compliance Department ensures:

Compliance with laws, rules and ethical principles specific to banking activities and investment services undertaken by the firm, as well as compliance with staff members' personal rules of good conduct and ethics;
Awarenessraising and training of all players in preventing noncompliance and reputational risks.

Within a robust governance and risk management framework the Compliance Department provides expertise in Business Advisory, Financial Crime prevention, Banking, Securities and other applicable regulations, communications and trade surveillance, Second Line testing and monitoring and compliance risk assessment.

As part of a global financial institution providing services across the globe, we also cooperate closely on a daily basis with our Head-Office and global affiliates to ensure compliance with the regulations in the countries where we operate and to address cross-border regulatory matters.

SKILLS AND QUALIFICATIONS:

Must Have:

3+ years of Compliance experience, or equivalent shown through work experience, training or education
Bachelors Degree
Must possess an understanding of the U.S. legal and regulatory environment and rulemaking processes applicable to U.S financial services institutions
Strong interpersonal and written/verbal communication skills
Strong analytical, problemsolving and organizational skills
Capable of handling multiple adhoc requests
Ability to prioritize and work in a dynamic, deadlinefocused environment

Nice to Have:

Business insight:

OUR CULTURE:

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes.

Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.

D&I:

Our Diversity & Inclusion Mission:

Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.