Compliance Officer, Trade Surveillance (VP)

Societe Generale is one of Europe's leading financial services groups and a major player in the economy for over 160 years, supporting 25 million clients every day with more than 126,000 staff in 65 countries. Our Group draws on our European roots to develop our business internationally, connecting Europe and Africa with major global financial centres in Asia and the Americas.

The Compliance Service Unit (CPLE) is responsible for the definition and consistency of the compliance risk prevention and control system, and for coordinating the framework aimed at preventing, identifying, assessing, and controlling reputational risk. In conjunction with the Business Units and other Service Units (BU/SUs), CPLE performs the following tasks with respect to compliance risk:

• Defining and implementing the overall normative framework of the Compliance service and monitoring its implementation.
• Defining procedures and implementing a framework to ensure compliance with respect to compliance risks.
• Raising awareness among Group employees regarding compliance risk and strengthening the compliance culture within the Group.
• Mapping and analysing Group compliance risk and general vigilance regarding issues likely to harm the Group's reputation or that of one of its activities.
• Performing the second-level control and supervision of the framework, including independently assessing compliance risk management within the entities/activities with a major impact on the Group's risk profile.
• Monitoring relations with supervisory and regulatory authorities, representing the Societe Generale Group to these authorities.
• Consolidating and monitoring significant compliance events in the entities.

Summary of Key Purposes of the Role:

• To promptly and accurately perform Trade Surveillance of key risk areas, reporting any concerns in line with set protocols.
• Support the performance of the broader surveillance programme via case management support to local and global colleagues.
• Proactive collaboration with London, Paris, Casablanca, APAC and AMER surveillance colleagues to introduce efficiencies and develop surveillance operations.
• To identify, escalate and implement solutions to existing or emerging risks impacting the performance of surveillance.
• Perform investigations and report findings as required by set protocols and senior management.
• Lead or participate in existing/established tactical and strategic projects.
• Provide support and training to more junior colleagues within EMEA and globally.
• Promotion and demonstration of surveillance capabilities to key stakeholders/both business & Compliance colleagues.

Responsibilities:

• Undertake Trade surveillance of Commodity derivative markets & other business units using the firm’s monitoring tools as directed by procedures, management and team protocols.
• Compile and issue relevant regulatory reporting obligations where required.
• Proactively manage the associated risks with the extended team TS coverage in Casablanca.
• Support the collation and development of Management Information.
• Lead the implementation and enhancement of surveillance approaches/innovations and/or strategic solutions to meet requirements.
• Maintain and monitor a database of remedial actions/recommendations arising from trade surveillance.
• Represent Capital Markets Surveillance in engagements with key stakeholders on surveillance related topics, risk and issues.
• Proactively develop new and enhance identification and reporting of CMS metrics, KPI’s, KRI’s.
• Participate and evolve the review of surveillance controls through engagement with Compliance and BU colleagues.
• Co-ordinate and deliver regulatory or internal investigations/reviews, as appropriate.
• Facilitate and/or team co-ordination of all aspects of the audit lifecycle.
• Proactive and timely escalation of issues to management.
• Lead departmental and team meetings, as required.
• Active participation at relevant industry and trade association seminars.
• Identify, analyse, communicate and implement solutions to surveillance activities as a result of changes to regulation and/or market/company events.

Profile required:

• Extensive relevant experience in Commodity Derivative Markets.
• Previous experience in Commodity trading is highly desirable.
• Working knowledge of industry leading surveillance tools is an advantage but not essential.
• A ‘risk management’ mind-set.
• A flexible approach to ‘BAU’ and ‘change’.
• Working knowledge of commodity and derivative regulations markets and practices.
• Analytical approach regarding performing surveillance, supported by accurate record keeping.
• Respect for the highly sensitive nature of the role.
• Teamwork: work collaboratively within immediate and wider global teams.
• Innovation: identification and project skills to facilitate the implementation of initiatives designed to improve the surveillance offering.
• High level documentation and presentation skills.
• English essential and other languages desirable.

Why join us:

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different.

Business insight:

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Société Générale, we believe our people are our strength and are core to the success of our business.