VP -Business and Functions Compliance Officer (14-month Maternity Cover) | London, UK

VP – Business and Functions Compliance Officer (14-month Maternity Cover)

Natixis Corporate & Investment Banking, London, United Kingdom

Job Description

Overall purpose of the role.

The incumbent will act as a core member of the Business and Functions Compliance team, supporting a broad range of Advisory Compliance activities across various business units and functional areas within the UK branch, including Banking and Markets desks. The individual will serve as a primary contact for the Private Side businesses, work closely with the Regulatory Developments and Implementation Officer, and support the Head of Business and Functions Compliance on projects affecting the branch.

This involves developing relevant local compliance policies and procedures, coordinating and monitoring compliance support for the private side business within the framework of Natixis\’s global compliance strategy and the UK compliance strategy. The incumbent should establish strong relationships with local business and infrastructure colleagues and Head Office Compliance staff.

Compliance Policies and Procedures

• Ensure adequate, current, clear, and detailed compliance policies and procedures are in place for the Private side business, aligning with UK regulatory and legal requirements, regulations, rules, and Head Office directives.
• Work with the Regulatory Implementation Officer to maintain an effective regulatory watch process, identify new laws and regulations, and keep the Compliance Internal Procedures Manual updated.
• Assist in developing global policies and procedures for designated Private side businesses in collaboration with other Business Compliance Officers.

Regulatory Advice and Queries

• Provide timely and coordinated compliance advice to management and staff, ensuring effective communication between Compliance and the business.
• Work with relevant functions to respond accurately to regulatory inquiries within deadlines.
• Evaluate new business initiatives for regulatory impact and compliance requirements.

Training and Awareness

• Develop and deliver compliance training, including induction, targeted themes, and awareness campaigns, in collaboration with the Central Compliance team.

Compliance Monitoring Programme

• Support the UK branch\’s Compliance Monitoring Programme, report weaknesses, and monitor action plan implementation.
• Assist with the annual Compliance Risk Assessment, ensuring risks and controls are properly identified.

Rolling Business Reviews

• Participate in risk-based business reviews, report weaknesses, and follow up on corrective actions.

Conflicts Management

• Monitor conflicts with the Control Room and other Private side Compliance officers, ensuring proper management and escalation where necessary.

SMCR, Exchange Registration & Conduct

• Assist with FCA registration and certification queries for UK staff.
• Escalate conduct breaches/issues promptly.

Management Reporting

• Support the creation of accurate and timely management reports on compliance matters.

Relationship with Head Office and Global Control Room Teams

• Maintain relationships with Head Office, ensuring consistent compliance standards and escalation of cross-border issues.
• Monitor performance of SLAs with Head Office teams.

Relationship with the Business and Functions Compliance Team

• Foster team cohesion, ensure consistent application of compliance standards across asset classes and roles.

Audit Points

• Support timely response to audit requirements and recommendations.

Ad Hoc

• Assist with ad-hoc tasks and projects, and represent Compliance on committees and steering groups as needed.

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