Regulatory Compliance Officer - Swap Dealer, Technology & Operations advisory, VP - Compliance - Lon

Responsibilities

• Advice, support and assist SGLB and SGIL, including compliance advisors of the various business and support functions, on matters related to DFA Title VII and on other topics depending on availability.
• Proactively provide compliance advice, answer compliance queries.
• Oversee complaint handling investigation and resolution.
• Provide compliance opinion as part of New Product Committees.
• Review marketing materials and ensure they are compliant (when required).
• Establish and maintain a constructive, open relationship and dialogue with stakeholders in business unit and support unit.
• Participate in projects to ensure that SGLB and SGIL are prepared for any required changes as a result of new regulatory developments or UK/EU divergences.
• Assess the level of regulatory and reputational risks associated with SGLB/SGIL transactions, projects or products and escalate to the appropriate governance for decision-making in accordance with the risk-based approach set out in the policies.
• Contribute to the assessment of compliance risk within SG SA/SGLB for DFA Title VII requirements primarily as part of the annual exercise (both inherent risk and residual risk after mitigation).
• Raise awareness to SG SA, SGLB and SGIL staff on compliance risk relating to those regulations by communicating regulatory changes and news, designing and delivering compliance training, and actively encouraging a culture of compliance.
• Contribute to SG SA, SGLB and SGIL Compliance policies and procedures framework by providing compliance expertise in the drafting of the Compliance policies and procedures relating to DFA falling under the team's perimeter.
• Identify, investigate, and report compliance breaches and incidents related to the team's perimeter.
• Attend and represent SG at appropriate industry working groups on regulatory development topics as appropriate for DFA primarily.
• Contribute to the production of reporting for the local SGLB Management Committees and SGIL governance, including at Board level.
• Support the preparation of SG SA Swap Dealer Oversight Committee held on a quarterly basis.
• Provide DFA Subject Matter Expert (SME) advice on BAU matters, business initiatives, projects, and audits.
• Provide support for the preparation of the annual CCO report exercise.
• Work closely with the Central team in Paris on common topics and projects related to those requirements.
• Assist with regulatory enquiries from FCA, CFTC, NFA, or SEC including active participation in regulatory examination.

Profile required

• Minimum 5 years in the financial services business covering wholesale banking activities.
• Broad scope of exposure to financial products in particular derivatives products and stock loan and borrows / repos activities.
• Thorough understanding of OTC derivatives regulations primarily Dodd‑Frank Title VII.
• Good written and oral communication skills.
• Ability to work accurately under pressure.
• Ability to analyse and interpret data and information.
• Flexible/adaptability.
• Ability to make decisions and to demonstrate assertiveness.
• Ability to work on their own as well as being a team player.
• IT literate, with a good command of the products within the Microsoft Office Suite.

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, so you know our names, and we know yours. It's personable, human, and inspires success through passion. 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. It's what makes you 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. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity.