Swap Dealer Compliance Officer

Permanent contract|New York|Compliance

Swap Dealer Compliance Officer

New York, United States Permanent contract Compliance


  • Recommend and implement changes to the Swap Dealer and SBSD Compliance Programs, relevant policies and
    procedures on an ongoing basis;
  • Provide advice to BUs/SUs on DFA requirements;
  • Collaborate with CPLE review teams and other internal control functions to continually evaluate, establish and implement effective DFA-related policies, procedures and controls;
  • Contribute to and support the preparation of such periodic reports that the Firm or CPLE management must
    make, either to DFA project committees, DFA oversight forums or regulatory authorities;
  • Work with CPLE colleagues on the development and coordination of ongoing training to employees on requirements impacting SG Group Swap Dealers and SBSD;
  • Act as a CPLE stakeholder in the implementation of regulatory developments (CFTC rules, SEC, etc.);  
  • Support the review and implementation of new DFA-related regulation; update the DFA Rules Inventory; update the Regulatory Milestones Tracker, providing input to the SG US Regulatory Change Committee (“RCC”);
  • Represent the SDCO in DFA-related working groups and committees;    
  • Perform DFA controls including daily Associated Persons check and verification checks (the latter subject to workload availabilities);
  • Review and/or draft responses to internal and external regulatory queries relating to DFA matters, and;
  • Assist in the implementation of SBSD policies, procedures and controls. 
  • Comply with all RISQ and regulatory obligations where relevant

  • Responsibility for ensuring that you are fully aware of and adhere to internal policies that relate to you, your business or other businesses for which you have any level of responsibility.

  • Responsibility for reading, understanding and complying with SG Group’s Conduct, Standards and corresponding regulations. You will be notified of changes to policies in a timely manner through announcements and/or intranet updates 

Profile required

  • Experience working within a large investment bank Compliance program
  • Experience working on Dodd-Frank Act (Title VII); experience with the European Markets Infrastructure Regulation (EMIR) would be a plus
  • Ability to project confidence and professionalism in all dealings with front office and control function personnel
  • Strong research skills; analytical and problem-solving skills; and attention to detail
  • Excellent organizational skills and ability to manage multiple tasks
  • Good knowledge of regulations and Compliance requirements
  • Self-motivated and ability to effectively multi-task
  • Ability to identify, develop and recommend "best practices"
  • Ability to develop and maintain positive and effective partnerships with colleagues and internal customers
  • Advanced experience with Microsoft Word, Excel, and PowerPoint
  • Excellent writing skills
  • Financial products knowledge (including primarily OTC derivatives)
  • Fluency in spoken/written French would be a plus

Business insight

Wholesale Banking is the primary investment banking division of the Société Générale Group. Present in over 50 countries across Europe, the Americas and Asia, Wholesale Banking provides corporate, financial institutions, investors and public-sector clients with value-added integrated financial solutions.

The Swap Dealer Compliance Office (“SDCO”) is responsible for the ongoing implementation and management of the Swap Dealer Compliance Program for both SG Group Swap Dealers: Société Générale SA (“SG SA”) and Societe Generale International Limited (“SGIL”).  In addition, the SDCO has responsibility for the ongoing implementation and management of the security-based swap dealer (“SBSD”) program for SG SA, the SG Group’s SBSD. 

The Compliance Department is looking for a Compliance professional to join the SDCO team.

  • The position will be based in New York and sit within the SDCO team. 
  • The ideal candidate will be versatile and enthusiastic and will be required to work with various stakeholders throughout the business and various support functions.  
  • The candidate must have strong analytical skills and be practical and proactive in understanding how firm business practices, operations, and processes operate and evolve.
  • The candidate must have previous experience in financial services and compliance, with previous experience dealing with the Dodd-Frank Act (Title VII) (“DFA”).   

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: 21000Q7G
Starting date: 2022/02/21
Publication date: 2022/01/14