Investment Banking Compliance Coverage Officer

Permanent contract|New York|Compliance

Investment Banking Compliance Coverage Officer

  • New York, United States
  • Permanent contract
  • Compliance

Responsibilities

Responsibilities will include:

  • Provide regulatory and Firm compliance policy advice / guidance to Equity Capital Markets, as well as Debt Capital Markets and Syndicate teams, and management on issues related to underwriting and private placements, marketing and selling securities offerings, as well as information barriers and other internal controls and issues typical of a global investment bank. 
  • Identify and prioritize regulatory and compliance risks associated with Capital Markets, align, and execute the Capital Markets compliance program, and conduct periodic compliance risk assessments.
  • Develop and implement relevant compliance policies and procedures. 
  • Develop and conduct relevant training.
  • Coordinate with business, Control Room, and Legal regarding the Firm’s information barrier policy, and to manage conflicts of interest. 
  • Coordinate with internal audit and testing teams, as well as regulators / regulatory responses. 
  • Provide guidance to business management with respect to supervision structure, process, and responsibilities.
  • Coordinate compliance issue management, escalation, and reporting.
  • Effectively partner, and work closely with other Compliance teams, including Control Room; Markets Compliance Coverage team, including Sales, Trading, and Research; Bank Regulatory; Regulatory Change and Policy; Licensing and Registration; Personal Account Dealing, including Outside Business Activities and Personal Investments; and Surveillance.

The successful candidate must have proficient knowledge of the rules and regulations relating to US and foreign Investment Banking and Capital Markets operations.  An overall solid working knowledge of how global financial institutions function is essential.  Ability to collaborate with the Firm’s Compliance Coverage teams in Paris, London, and Hong Kong will be required.  

Profile required

DIVISION DESCRIPTION: 
The Compliance department acts as Second Line of Defense of the corporate banking, investment banking and broker–dealer activities across Societe Generale’s operations, reporting on the compliance risks and issues to local, regional, and head office management. The staff provide the business lines with guidance on relevant laws, rules, and regulations applicable to their activities and the development of related policies, procedures, training, and controls. The department oversees compliance with external and internal rules that govern our banking and financial activities including Know Your Customer, anti-money laundering, anti-terrorism financing, sanctions & embargoes, client protection, market integrity, anti-bribery & corruption, and data protection. Additionally, it provides trade and communications surveillance, and manages transversal support functions that help the department achieve its goals

The Corporate and Investment Banking division of Société Générale is looking to hire a Capital Markets Compliance Officer who will assume compliance coverage responsibility for Capital Markets including Equity Capital Markets and Syndicate in the Americas and be part of the Investment Banking Coverage Compliance team.  This position is located in our New York City office.  This position is in the US Compliance Department.

SKILLS AND QUALIFICATIONS:
Must Have:

  • At least 5-7 years relevant financial industry experience related to capital markets activities, with experience in compliance advisory for capital market activities, preferably equity-related.
  • Proficient understanding of U.S. securities laws, rules and regulations regarding capital markets (including Regulation M), as well as Self-Regulatory Organization rules, including research, communication with the public, supervision and information barrier / conflicts, as well as knowledge of industry best practices.
  • Experience in providing legal, regulatory or compliance advice in connection with investment banking advisory engagements and transactions is essential.
  • Ability to interact effectively with business management, and senior investment bankers, while working independently.
  • Ability to analyze complex situations and provide guidance in time sensitive situations.  Resolve issues quickly and effectively.
  • Ability to multi-task in a fast-paced environment. 
  • Excellent organizational, oral, and written communication skills. 
  • Attention to detail.
  • Strong interpersonal skills. Must be team player. 
  • Adaptability and flexibility in a changing environment. 

Nice to Have:

  • JD
  • Securities licensing

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.
For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

D&I: 
Our Diversity & Inclusion 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 Diversity & Inclusion Vision: 
•     Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
•     Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents 
•     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:
For most positions, Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order 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.

COMPENSATION & SALARY RANGE:

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.

Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.

Reference: 24000GWC
Entity: SG Americas Securities
Starting date: 2024/08/26
Publication date: 2024/06/21
Salary or Compensation Range: $117,000 - $211,000
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