Regulatory Inventory Compliance Officer - AssociatePermanent contractNew York, United States

Regulatory Inventory Compliance Officer - Associate

Permanent contract New York Compliance

Regulatory Inventory Compliance Officer - Associate

• New York, United States
• Permanent contract
• Compliance

Responsibilities

Responsibilities include, but are not limited to :

• Maintaining and updating an inventory of laws, rules and regulations (LRRs) applicable to the Firm’s operations (Regulatory Inventory);
• Maintaining and updating the enhanced mapping and linkages of the LRRs in the Regulatory Inventory to various data points such as Firm business lines, risk categories, policies, procedures and controls;
• Requesting feedback on laws, rules and regulations and their impact on the Regulatory Inventory from subject matter experts (SMEs), including Legal and Compliance coverage and other stakeholders;
• Communicating regulatory information to stakeholders across the Firm both in the and globally;
• Maintaining and enhancing the processes and procedures necessary to maintain the Regulatory Inventory;
• Assisting in disseminating changes to LRRs to stakeholders;
• Drafting Regulatory Inventory related presentations and reports;
• Escalating and remediating any identified gaps in the Regulatory Inventory;
• Participating in the implementation and socialization of new technologies, (, source system feeds, Governance, Risk and Compliance (GRC) tool) and the further automation and enhanced functionalities of the Regulatory Inventory;
• Preparing reports and presentations, as needed, for Paris-based Legal & Compliance Departments, senior management in the and relevant governance committees; and
• Working with the Regulatory Framework Management team on on-going and ad hoc special projects.

Profile required

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

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, and thwarting the financing of terrorism and 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.

SKILLS AND QUALIFICATIONS :

Must Have :

• 3+ years of Compliance experience, or equivalent shown through work experience, training or education
• Experience in testing and roll out of new technologies
• Experience and comfort in managing large data sets
• Basic understanding of the legal and regulatory environment and rulemaking processes applicable to financial services institutions
• Strong organizational, interpersonal and communication skills
• Great attention to detail
• Capable of handling multiple ad-hoc requests
• Demonstrated history of taking initiative
• Ability to prioritize and work in a dynamic, deadline-focused environment
• Advanced experience with Excel
• Experience working with GRC systems
• Bachelors Degree

Nice to Have :

• JD or other advanced degree is a plus
30+ days ago