Bank Regulatory Compliance Officer

Permanent contract|New York|Compliance

Bank Regulatory Compliance Officer

New York, United States Permanent contract Compliance

Responsibilities

Base Salary Range: $95,000 - $200,000
Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.

Responsibilities include assisting the Head of Bank Regulatory Compliance in providing oversight of SGUS lending and deposit business activity through:

  • Advising and assisting the SGUS businesses on the applicability of banking rules to transaction structures or business activities, and provide advice on development of internal controls and procedures

  • Assisting team in the creation and performance of 2nd line monitoring controls to detect and mitigate bank regulatory compliance risk

  • Assisting team in the creation and maintenance of periodic Compliance reporting and presentations

  • Reviewing policies, procedures, and training material to promote the applicability of bank regulations and control framework to identify and mitigate risk

  • Perform periodic presentations and training to Compliance Senior Management, Compliance Advisory peers, and the business, as necessary

  • Engaging with the Compliance Regulatory Change team, the Legal and Risk Departments to monitor U.S. banking regulations with an impact on SGUS banking activity

  • Revising relevant Bank Regulatory Compliance owned policies and procedures as applicable rules and regulations or firm practices change

  • Participating in special projects in support of the larger Compliance Regulatory Oversight team.

Profile required

Competencies:            

  • Posses an understanding of various U.S. bank regulatory requirements, including but not limited to Regulation W, Anti-Tying, and Regulation B.

  • Ability to understand and communicate with subject matters experts and stakeholders with respect to bank regulatory compliance requirements and other U.S. legal and regulatory topics

  • Strong interpersonal and written/verbal communication skills

  • Strong analytical, problem-solving and organizational skills

  • Great attention to detail

  • Capable of handling multiple ad-hoc requests or projects

  • Demonstrated history of taking initiative

  • Ability to prioritize and work in a dynamic, deadline-focused environment

  • Analytical capability: Able to break down complex problems into simple manageable units, develop solutions for each unit, and integrate 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 aware of 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’s 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:

  • Advanced experience with Microsoft Word, Excel, and PowerPoint

  • Excellent writing and presentation skills

Qualifications (Experience, Education, Languages):

  • Bachelors Degree

  • JD or other advanced degree a plus

  • 5+ years experience in Financial Services or related industry

Why join us

As a business partner and a second line of defense, the SG Americas Compliance Department supports the Business Units and Support Functions in carrying out banking activities in accordance with regulations and ensuring the sustainable development of our business activities. Société Générale in the Americas is present in the United States, Canada and Brazil where it focuses primarily on corporate and investment banking activities. SG also operates in several Latin American countries where it offers a range of specialized banking and financial services. In addition to investment banking, SG in the Americas offers global transaction banking, securities services and equipment financing. In the U.S., the services are offered through our New York branch, broker-dealer and other affiliates.

In its role, the Compliance Department contributes fully to the positive impact that Société Générale wishes to have on the transformation of our societies. Therefore, preventing market misconduct, combating money laundering, and thwarting the financing of terrorism and corruption are all tasks that fall within the scope of compliance and contribute to the positive transformation of our economies.

The Compliance Department ensures:

  • Compliance with laws, rules and ethical principles specific to banking activities and investment services undertaken by the firm, as well as compliance with staff members' personal rules of good conduct and ethics;

  • Awareness-raising and training of all players in preventing non-compliance and reputational risks.

Within a robust governance and risk management framework, the Compliance Department provides expertise in Business Advisory, Financial Crime prevention, Banking, Securities and other applicable regulations, communications and trade surveillance, Second Line testing and monitoring and compliance risk assessment. As part of a global financial institution providing services across jurisdictions, we also cooperate closely on a daily basis with our Head-Office and global affiliates to ensure compliance with the regulations in the countries where we operate and to address cross-border regulatory matters.

Business insight

OUR CULTURE:

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.

D&I:

Our D&I Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients. Our D&I Vision: An engaged workforce that is demographically diverse in a way that reflects the communities in which we operate. An inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents. To engage our community and marketplace and position the organization to meet the needs of all its clients. For more information about our D&I initiatives, please visit this link: https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/

HYBRID WORK ENVIRONMENT:

Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.

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, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000MFW
Entity: SG CIB
Starting date: immediate
Publication date: 2022/11/14
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