VP -Business and Functions Compliance Officer (14-month Maternity Cover)

Natixis Corporate & Investment Banking; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading company in the financial sector is seeking a Compliance Officer to join their UK branch. The role involves supporting compliance activities, developing policies, and ensuring regulatory adherence across various business units. The ideal candidate will have strong regulatory knowledge and experience in compliance training and monitoring. This position offers an opportunity to work closely with senior management and contribute to the overall compliance strategy.

Qualifications

• Experience in compliance policies and procedures development.
• Ability to provide regulatory advice and manage compliance queries.
• Skills in compliance training and awareness programs.

Responsibilities

• Support the Compliance Monitoring Programme and report on weaknesses.
• Develop and deliver compliance training for UK branch employees.
• Manage relationships with Head Office Compliance and monitor conflicts.

Skills

Compliance

Regulatory Knowledge

Training Development

Education

Relevant Compliance Certification

Job description

Job Description

Overall purpose of the role.

The incumbent will act as a core member of the Business and Functions Compliance team, supporting a broad range of Advisory Compliance activities across the various business units and functional areas within the UK branch, including Banking and Markets desks. The individual will act as a primary point of contact to the Private Side businesses as well as working closely with the Regulatory Developments and Implementation Officer, and supporting the Head of Business and Functions Compliance directly on projects and matters impacting across the branch.

This will involve developing relevant local compliance policies and procedures as well as coordinating and monitoring the effectiveness of compliance support for the designated private side business within the framework of the overall Natixis global compliance strategy and the compliance strategy set by the UK Head of Compliance. The incumbent is required to establish strong relationships with business and infrastructure colleagues locally and also with relevant Head Office Compliance staff.

Compliance Policies and Procedures

• To ensure adequate, current, clear, and sufficiently detailed compliance policies and procedures are in place for the designated Private side business, ensuring relevant UK regulatory and legal requirements, regulations, rules, and Head Office requirements are properly disseminated and understood.
• To work closely with the Regulatory Implementation Officer to ensure an effective and targeted regulatory watch process on an ongoing basis, to identify new laws, regulations, and best practices/regulatory expectations affecting these businesses. To keep the Compliance Internal Procedures Manual up to date in relation to defined areas of responsibility by providing relevant information in a timely manner to the Central Compliance team.
• To assist in developing business-wide global policies and procedures for designated Private side businesses in conjunction with other Business Compliance Officers.

Regulatory Advice and Queries

• To provide effective and coordinated compliance advice in a timely manner to management and staff across the UK branch, facilitating an appropriate two-way flow of information between Compliance and the business. Advice will consider best practices, regulatory requirements, and internal procedures.
• To work with relevant functions (such as Operations, Legal, etc.) to respond accurately and promptly to inquiries from Regulatory bodies.
• Assist in evaluating new business initiatives/products impacting the UK branch, including risk assessment and regulatory impact analysis, ensuring compliance with internal requirements.

Training and Awareness

• To develop, organize, and deliver regular compliance training, targeted themed sessions, induction programs, and awareness campaigns in conjunction with the Central Compliance team to maintain employee awareness of applicable rules, regulations, and best practices.

Compliance Monitoring Programme

• To support the Compliance Monitoring Programme, including reporting weaknesses and monitoring the implementation of corrective actions. Initiate monitoring in areas outside the current plan as needed.
• Support the annual Compliance Risk Assessment, ensuring risks and controls are properly identified and recorded.

Rolling Business Reviews

• To provide input into and participate in regular risk-based business reviews across the UK branch, reporting weaknesses and ensuring follow-up on action points.

Conflicts Management

• To monitor conflicts of interest, ensuring they are identified, recorded, and managed according to Natixis procedures, escalating issues to the Global Control Room as necessary.

SMCR, Exchange Registration & Conduct

• To assist with FCA registration and certification requirements for UK branch staff and escalate conduct breaches/issues appropriately.

Management Reporting

• To support the development of accurate and timely management reports for compliance activities and issues.

Relationship with Head Office and Global Teams

• To foster relationships with Head Office compliance teams, ensuring consistent application of standards and escalation of cross-border issues.
• To monitor the performance of the London Branch SLA with Head Office teams and escalate issues.

Relationship with Business and Functions Compliance Team

• To work collaboratively within the team, maintaining cohesion and consistent standards across different asset classes and responsibilities.

Audit Points

• To support addressing audit requirements timely, avoiding overdue recommendations.

Ad Hoc

• To assist with ad-hoc tasks and projects as assigned, including representing Compliance on committees and steering groups.