Compliance Regulation and Policy Coordinator- VIE London

 London, United Kingdom       International Volunteer Program        Corporate and Investment Banking

Responsibilities

The main responsibilities of the Regulation and Policy (RAP) team are to:

  • Manage regulatory horizon scanning for UK Wholesale Banking Compliance, conduct impact assessments on key regulatory developments and present findings to senior stakeholders for discussion or action.
  • Manage and maintain the suite of Compliance policies covering the UK and Global Wholesale Banking perimeters. Advocate for a strong operational infrastructure to underpin these policies, in accordance with FCA and PRA accountability regimes.

The team’s functional remit is within UK Wholesale Banking Compliance.  It is based in London, with a strong collaboration model with equivalent teams in the Americas, APAC and EMEA. 


The main tasks relating to the role comprise supporting the RAP team in their delivery of the following key activities:

UK and Global Wholesale Banking Compliance Policy Management and Maintenance

  • Custodian of the UK Wholesale Banking Compliance policy repository.  Developing and overseeing annual policy roadmaps for UK and Global Wholesale Banking Compliance, which depict Compliance policies intended for review or creation over the coming year.  Presenting quarterly policy status reports to the respective management committees.
  • Drafting new or revised SG London Compliance policies in response to evolving regulatory rules or guidance, new or revised Group Instructions, business requirements, audit recommendations, policy lifecycles or Compliance monitoring reviews. 
  • Working closely with Group Compliance on policy governance matters and the adaptation of Group Instructions at entity or business unit levels.  Contributing to the development of Group Compliance Instructions from the perspective of UK Wholesale Banking Compliance.  Collaborating with Group Compliance on transversal projects.

 

Regulatory Watch, Regulatory Change Management and Impact Analysis

  • Regulatory horizon scanning for regulatory developments of relevance to UK Wholesale Banking, utilising a range of sources such as regulator publications, law firms, Thomson Reuters, as well as general market watch methodologies. Maintaining a database of regulatory developments derived from these processes.   Collaborating with global Compliance teams in APAC, EMEA and the Americas, to maintain visibility of their local regulatory developments and implementations, particularly those likely to have cross-border impacts.
  • Analysing the Compliance impacts of UK Wholesale Banking regulatory change on business and operational processes, policies and control frameworks, in close collaboration with senior business, functional and operational stakeholders.  Instigating or supporting regulatory adaptation projects, ensuring there is centralised coordination of change effort as necessary and maintaining oversight of deliverables and action owners.
Issuing a weekly UK Wholesale Banking Compliance Newsletter that is widely referenced across the Bank’s business units, control functions and service units, as a vital source of information on regulatory intelligence, impactful regulatory developments (such as rule and guidance updates, industry benchmarks and enforcement actions) and UK Wholesale Banking Compliance policy releases.



Profile Required

Your profile


Graduate with a Master’s degree from Business/Engineering School or University in Law/Finance,

You ideally have a previous experience in a bank or financial institution.

You are fluent in English. 

You have good command of MS Office applications.


Compulsory 


• Good knowledge of Compliance matters - Ability to understand main Compliance matters and financial regulation in general. 
• Excellent drafting and communication skills - Ability to communicate clearly in writing about the main aspects of regulatory developments to prepare for the analysis by stakeholders. Ability to explain clearly a regulatory development to an audience. 
• Organisational skills - Ability to gather input from various stakeholders and to coordinate actions. 

 

The VIE assignment in a nutshell 

 

This VIE in London is to begin as soon as possible but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 18 months.

The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information, please see www.civiweb.com.


Why Join Us

To facilitate the examination of your application by our English-speaking managers, we thank you for  applying in English

Business Insight

Your environment


At Société Générale, you will be joining the Group's compliance function (CPLE). 

 

“Build a Compliance Division recognised as a trusted, efficient and independent partner enabling a sustainable business development for the Group”.

 

 

In order to achieve its mission statement, Compliance activities are supported by 10 Guiding Principles, as follows:

  • Build a global Compliance team operating along clear, simple and shared rules in a spirit based on openness, mutual trust and respect  
  • Build a global Compliance Division committed to translate regulations into appropriate internal rules so that business is accountable for their implementation. Actively promote compliance risk awareness across the bank
  • Build a global Compliance Division implementing an effective compliance program based on a comprehensive risk assessment and robust controls and testing framework
  • Build a global Compliance Division making responsive and well-informed decisions / statements in a consistent, timely and documented way  
  • Build a global Compliance Division operating close to the BUs/SUs enabling sustainable business, with its central teams focusing on strong specific expertise and transversal supervision         
  • Build a global Compliance Division providing Management and Board with meaningful, transparent and regular reporting and advice on Compliance risks   
  • Build a global Compliance Division fostering trustworthy relationships with regulatory bodies based on sound, transparent and professional dialogue           
  • Build a global Compliance Division leveraging on innovation, actively looking to benefit from new technologies and data analytics and promoting experimentation 
  • Build a global Compliance Division composed of well-trained professionals, up to date on their area of expertise, and whenever possible certified by external bodies   
  • Build a global Compliance Division attractive to highly motivated talents with diverse backgrounds and adding strong value to their career path


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: 19000YGV
Business unit: Group Corporate Functions
Starting date: 01/03/2020
Date of publication: 20/12/2019
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Compliance Regulation and Policy Coordinator- VIE London

International Volunteer Program   |   London   |   Corporate and Investment Banking