FCM Compliance Officer

Permanent contract|Chicago|Compliance

FCM Compliance Officer

Chicago, United States Permanent contract Compliance

Responsibilities

Responsibilities include, but are not limited to:

  • Manage regulatory inquiry and/or external examination process: monitor inquiries and information requests, assign regulatory inquiries/request to compliance staff, review and analyze requests for potential compliance breaches/issues, communicate with relevant stakeholders, retrieve responsive documents, draft the Firm’s responses, escalate compliance breaches, and manage compliance remediation relating to issues of non-compliance.

  • Work closely and coordinate as appropriate with Legal, AML, and/or Business Lines pertaining to regulatory matters that arise from inquiries and examinations.

  • Develop and assist in the training of Firm staff in relation to derivatives regulations, advisories, and hot topics focusing particularly on weaknesses or risk identified by the Compliance Program.

  • Conduct reviews and internal investigations of various derivative trading desks to ensure compliance with regulatory rules and internal policies, focusing on both trading and operational processes.

  • Represent the Department at internal and external meetings with regulators and others including a variety of committee meetings.

  • Actively participate in Firm’s Regulatory Change Program.  Evaluate impact to applicable business areas resulting from changing or new exchange and regulatory rules.  Coordinate with applicable Departments to implement operational or policy changes as needed.

Profile required

Competencies:            

  • Direct experience with exchange and regulatory rules

  • Ability to advise trading desk on specific. complex trade practice rules

  • Experience with CFTC customer protection pules and practices

  • Knowledge of various industry regulatory bodies (FINRA, CFTC, NFA, CME, etc.) and their respective responsibilities

  • Ability to properly communicate the Firm’s operating procedures and processes to regulatory bodies and examiners

  • 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

  • Strong interpersonal effectiveness: self-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 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

Qualifications (Experience, Education, Languages):

  • 5 to 10 years of relevant experience

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.

#LI-Hybrid

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: 22000NU2
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: immediate
Publication date: 2022/09/06
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