Regulatory Development Compliance Officer (Dir) - Compliance - London, United Kingdom

Responsibilities

• Managing the RCO team’s UK WSB CPLE horizon scanning and regulatory implementation oversight activities and being the primary contact for enquiries relating to these.
• Delivery of team-specific regulatory developments reviews, impact analyses, communication and implementation responsibilities, in accordance with the UK WSB Legal and Regulatory Change Committee (LRCC) Terms of Reference and the UK WSB CPLE Regulatory Developments Framework.
• Collaborating with Legal, CPLE and BU/SU stakeholders.
• Managing daily regulatory horizon scanning activities, including in relation to regulatory rules & guidance, enforcement actions, discussion papers, consultation papers, calls for evidence, Dear CEO and analogous letters, market standards and codes, supervisory statements and policy statements.
• Analysing and articulating the impacts and associated risks of regulatory developments on the UK WSB business models, operational processes and control frameworks; proposing required actions in collaboration with CPLE subject matter experts and relevant colleagues outside CPLE.
• Preparing read-across analyses following enforcement actions against peer firms and delivering CPLE team training sessions on major regulatory publications.
• Presenting regulatory developments analyses to CPLE advisors and committees such as the Regulatory Developments Review (RDR).
• Supporting CPLE and BU/SU stakeholders with regulatory rule interpretations and regulatory implementation advice.
• Actively participating in industry working groups, identifying risks and opportunities arising from publications such as consultation and discussion papers, and issuing succinct, firm-centric reports on these to impacted stakeholders.
• Planning and coordinating submissions for the quarterly UK WSB Compliance Committee (ComCo) updates on regulatory developments.
• Ensuring that supporting materials provided by CPLE and other LRCC participant functions are consistent and devoid of repetition.
• Presenting CPLE-specific regulatory developments succinctly, highlighting impacts, key risks, concerns, recommendations and next steps.
• Supporting the development of the annual Mandatory Normative Documentation (MND) Roadmap in accordance with policy revision triggers.
• Maintaining the framework of regulations and SGLB/SGIL Senior Management Function holder (SMF) domain mappings supporting the UK WSB entities’ obligations to comply with the UK regulatory system.
• Aligning this with wider LRCC and UK WSB CPLE Regulatory Developments Framework considerations.
• Maintaining the UK WSB Permissions Governance Framework and coordinating the annual Regulatory Permissions (RPs) review and attestation process.
• Administering and overseeing regulatory reporting for SGLB, ensuring timely submission of regulatory reports submitted in REGDATA.
• Supporting the delivery of the SMCR-related component of the RCO team mandate by carrying out day-to-day SMCR processes.
• Ensuring data integrity by maintaining accurate records of employee Certifications and assisting with related reconciliations.
• Providing support in ensuring an effective ongoing SMCR Compliance model.
• Representing UK WSB CPLE in any committees or forums and providing feedback or reporting on material matters discussed.
• Supporting the Head of UK RCO and ROCG Pillar Lead in ensuring the performance of activities for SGIL as part of the UK WSB CPLE organisational model.

Profile required

• A clear understanding of UK financial services regulation (specifically PRA & FCA regulatory frameworks) and UK Wholesale Banking business models.
• A strong regulatory background with demonstrable experience in policy management, regulatory oversight and stakeholder management.
• Ability to review and interpret complex financial regulation, conduct full impact assessments and communicate these effectively to stakeholders across all levels.
• Ability to issue risk-based Compliance challenge and advice, with a solution-focused mindset.
• Ability to work collaboratively with stakeholders across Compliance and Business Lines.
• A self-motivated team player with a strong work ethic and accountability for actions.
• Excellent communication skills (both oral and written) with keen attention to detail.
• Ability to implement continuous improvements in day-to-day processes through efficient use of technology.
• Strong project management and organisational skills, with timely escalation of issues or concerns.
• Legal training or a professional qualification in Compliance, Finance or Accounting would be beneficial.

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 together hard work and dedication 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, please apply to the SG Resourcing Team, and we will manage your application. At Société Générale, we believe our people are our strength and core to the success of our business. We search for, recruit and appoint the best available person based on aptitude and ability, regardless of sex, marital status, race, colour, nationality, ethnic origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity.