Compliance Officer – Trade and Communications Surveillance
Description of the Business Line or Department
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 monitors its implementation.
Defining procedures and implementing a framework to ensure compliance with respect to compliance risks.
Awareness-raising among Group employees regarding compliance risk and the strengthening of 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, and individually with respect to regulated employees, in compliance with the applicable regulations.
Monitoring relations with supervisory and regulatory authorities, and representing the Societe Generale Group to these authorities, not including supervisory and regulatory authorities where the Legal function (SEGL/JUR) organises and coordinates the monitoring of these relations, in particular the Autorite de Controle Prudentiel et de Resolution (ACPR) and the European Central Bank (ECB);
Consolidating and monitoring significant compliance events in the entities
Summary of the key purposes of the role
- To promptly and accurately perform Trade/Communication 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 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
- Support and training to more junior colleagues within EMEA and globally
- Promotion and demonstration of surveillance capabilities to key stakeholders/ both business & Compliance colleagues
- Provide Subject Matter expertise/ initial pre management level support to colleagues
Summary of responsibilities
- Undertake Trade and Communications surveillance of SG’s Cash Equity & 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
- With the London team and management, 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, to ensure timely and satisfactory resolution of issues identified.
- Represent Capital Markets Surveillance in engagements with key stakeholders on surveillance related topics, risk and issues - as appropriate
- Participate and evolve the review of surveillance controls through engagement with Compliance and BU colleagues
- Co-ordination and delivery of regulatory or internal investigations/ reviews, as appropriate.
- Facilitation and/or team co-ordination of all aspects of the audit lifecycle from the initial presentation of surveillance capability through to recommendation management and reporting.
- Proactive and timely escalation of issues to management
- Lead departmental and team meetings, as required
- Active participation at relevant industry and trade association seminars, feeding back relevant information internally
- Identify, analyse, communicate and implement solutions to surveillance activities as a result of changes to regulation and/or market/company events
- 5 to 10 years relevant work experience
- A ‘risk management’ mind-set
- A flexible approach to ‘BAU’ and ‘change’
- Working knowledge of company policy, regulation and market practices
- Analytical approach regarding performing surveillance, supported by accurate record keeping and ability to manage and prioritise multiple review requirements
- Respect for highly sensitive nature of the role
- Teamwork: work collaboratively within immediate and wider global teams to complete existing and expanded surveillance requirements
- Innovation: identification and project skills so 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, 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.
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.
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.