Senior Bank Regulatory Compliance Officer

Permanent contract|New York|Compliance

Senior Bank Regulatory Compliance Officer

New York, United States Permanent contract Compliance

Responsibilities

  • Oversee a bank regulatory compliance framework that includes overall risk management governance framework, a formal compliance risk-and-control framework, regulatory risk assessments, bank regulatory policies, control procedures, surveillance of transactions covered under specific regulations, and training related to specific regulations. Specifically, the Senior Bank Regulatory Compliance Officer will be responsible for the following:
  • Manage and maintain a compliance program for US state and federal banking rules impacting SG’s US operations and activities, including certain transversal programs such as Regulation K, Regulation W and Mandatory Absence
  • Act as point of contact for relevant banking rules with the business; engage directly with senior management on bank regulations and bank regulatory matters
  • Leverage expertise in providing compliance advice directly to businesses and senior management on applicability of banking rules to transactions, structures or business activities; and provide advice on development of internal controls and procedures
  • Overseeing Compliance department efforts and obligations with respect to other banking regulations and guidance such as, among others, those relating to anti-tying, Regulation YY and applicable SR letters
  • Coordinating bank regulatory Compliance programs for Cayman Branch activities
  • Reviewing and updating as appropriate bank regulatory compliance policies and related compliance and other department procedures on cyclical basis
  • Participating in compliance training program as subject matter expert by drafting appropriate training materials and conducting trainings as required
  • In coordination with Compliance surveillance team, reviewing surveillance and other control reports and developing or enhancing controls where needed
  • Participating in annual and ad hoc risk assessment exercises
  • Participating in Firm committees as bank regulatory compliance subject matter expert
  • Supervise more junior bank regulatory compliance personnel

Profile required

Competencies:            

  • Strong interpersonal and written/verbal communication skills.
  • Strong analytical, problem-solving and organizational skills.
  • Great attention to detail.
  • Capable of handling multiple, simultaneous, and various ad-hoc requests.
  • 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, develops solutions for each unit, and integrates them back into the whole.  Can absorb ideas quickly and apply then pragmatically
  • Risk Management
  • Results oriented: setting goals and priorities that maximize the use of resources available to consistently deliver quality results
  • Strong interpersonal effectiveness: is self aware of their 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

Technical Skills & Knowledge:

  • In-depth knowledge of US banking regulations
  • Advanced experience with Microsoft Word, Excel, and PowerPoint
  • Excellent writing skills

Qualifications (Experience, Education, Languages):

  • Bachelor’s Degree required
  • Advanced degree, such as JD or MBA, preferred

Business insight

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, the financing of terrorism or 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 the globe, 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.

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: 21000TVN
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: 2021/11/01
Publication date: 2021/10/01
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