Bank Regulatory Compliance Officer

 New York, United States       Permanent contract        Legal / Taxation / Compliance


Responsibilities include, but are not limited to:

  • Create and manage a bank regulatory compliance program for rules impacting the SG bank branches, agency and representative offices
  • Act as compliance department subject matter expert in US state and federal banking rules impacting SG’s U.S. operations and activities, and act as point of contact for relevant banking rules with business; engage directly with senior management on bank regulations and bank regulatory matters
  • Leverage expertise in providing compliance advice directly to businesses and senior management on applicability of banking rules to transactions, structures or business activities; and provide advice on development of internal controls and procedures
  • Provide advice and guidance to stakeholders in business and infrastructure on bank regulatory prudential guidance and expectations (e.g. Federal Reserve SR Letters)
  • Act as contact point for regulatory inquiries and manage group’s participation in regulatory exams
  • Provide support and guidance on bank regulatory matters to compliance advisory and to compliance testing colleagues to develop comprehensive bank regulatory framework
  • Conduct detailed review and assessment of business activities and control processes; drive creation/enhancement of processes designed to assist in complying with relevant regulations
  • Build and maintain overall risk management governance, formal compliance risk-and-control framework, regulatory risk assessments, bank regulatory policies, control procedures, surveillance of transactions, and training related to specific regulations
  • Prepare and maintain compliance department program and procedure documentation; assist impacted business groups and support areas with development of controls and procedures
  • Create, manage and report bank regulatory compliance Management Information and reporting.  Manage recording, escalation, reporting and remediation of identified issues
  • Oversee bank regulatory Compliance programs for each of SG’s U.S. banking offices and the SG Cayman Branch
  • Review bank regulatory compliance policies and related compliance and other department procedures on cyclical basis
  • Execute and manage the bank regulatory compliance training program as subject matter expert by drafting appropriate training materials and conducting trainings as required
  • In coordination with Compliance surveillance team, reviewing surveillance and other control reports and developing or enhancing controls where needed
  • Perform and manage the bank regulatory portion of the compliance risk assessment exercises
  • Participating in Firm committees as bank regulatory compliance subject matter expert

Profile Required


  • Demonstrated track record to developing, executing and managing a comprehensive U.S. bank regulatory compliance program including: assessment of rule applicability; development of robust second line controls; policy and procedure development, training execution and delivery
  • In depth knowledge of U.S. state and federal banking (including relevant Bank holding Company Act (BHCA) rules) such as: 
    • Reg Y
    • Reg D
    • Reg K
    • Reg L
    • Reg CC
    • Permissible activities
    • Fair Lending
    • BHCA Section 106
    • BHCA equity investment restrictions
  • Ability to fully develop training content for relevant topics and rules and ability to update and provide training on those topics
  • Demonstrated ability to leverage knowledge of banking rules to provide beneficial compliance advice, strategies or solutions to issues/questions raised by business and infrastructure groups
  • Strong knowledge of bank regulatory prudential risk management and control guidance and ability to provide business, infrastructure and management with background on advice regarding such guidance
  • Strong interpersonal and written/verbal communication skills.
  • Strong analytical, problem-solving and organizational skills.
  • Great attention to detail.
  • Capable of handling multiple, simultaneous, and various ad-hoc requests.
  • Demonstrated history of taking initiative and taking ownership of projects/issues and driving to conclusion
  • Ability to prioritize and work in a dynamic, deadline-focused environment.
  • Analytical capability: Able to break down complex problems into simple manageable units, develops solutions for each unit, and integrates them back into the whole.  Can absorb ideas quickly and apply then pragmatically
  • Results oriented: setting goals and priorities that maximize the use of resources available to consistently deliver quality results
  • Strong interpersonal effectiveness: is self aware of their own behavior and work style, as well as tolerant of different needs and viewpoints. Demonstrates interest in others opinions and shows consideration, concern and respect for other people feelings
  • Communication Skills: excellent verbal, writing and presentation skills with the ability to interact with stakeholders at all levels within the organization and be able to relay complex technical concept to non-technical audience
  • Leadership: create an inspiring vision, set direction and motivate others to follow that direction and reach that vision

Technical Skills & Knowledge:

  • In-depth knowledge of US banking regulations including, but not limited to; Reg W such as:
    • Reg Y
    • Reg D
    • Reg K
    • Reg L
    • Reg CC
    • Fair Lending
    • BHCA Section 106
    • BHCA equity investment restrictions
    • Asset Pledge requirements, etc.
  • Advanced experience with Microsoft Word, Excel, and PowerPoint
  • Excellent writing skills

Qualifications (Experience, Education, Languages):

  • Bachelor’s Degree required
  • Advanced degree, such as JD or MBA, preferred

Why Join Us

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit, innovation. These four values are centered around our clients. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. And we work to increase our impact on clients.

Business Insight

The SGUS Compliance Department monitors the corporate banking, investment banking and broker–dealer activities of SGUS and reports on the compliance risks and issues to SGUS and Global Compliance Senior Management.  Additionally, the SGUS Compliance Department works closely with the Global Compliance Department in Paris to ensure effective implementation of Global Compliance policies and to coordinate all cross-border business transactions and activities. The SGUS Compliance Department is responsible for monitoring the handling of sensitive confidential business information by SGUS personnel through the Compliance Control Room. It administers the SGUS Employee Investment Policy, arranges for the registration of broker–dealer personnel, and conducts compliance training. In addition, the Advisory Team provides the various business lines with guidance and advice on relevant rules and regulations.  The US Financial Crime department is responsible for ensuring compliance with anti-money laundering (“AML”), Bank Secrecy Act, USA PATRIOT Act, OFAC and sanctions regulations for the US operations.  Additionally, AML oversees key processes and risks of the KYC department.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Job code: 200007L0
Starting date: Immediate
Date of publication: 24/06/2020
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Bank Regulatory Compliance Officer

Permanent contract   |   New York   |   Legal / Taxation / Compliance