Compliance Advisory Officer - Insurance Solutions

Societe Generale; New York (NY); Vor Ort; USD 120.000 - 190.000; Vollzeit

Zusammenfassung

Societe Generale in New York City seeks a Compliance Advisory Officer to cover the Insurance Solutions business line in the Americas. You will be part of the US Compliance Department within Investment Banking and Advisory and Conflicts Management, collaborating with teams in Paris, London, and Hong Kong.

The role requires deep knowledge of US and foreign insurance regulations, experience advising on insurance risks, and the ability to interact with senior management and investment bankers in a

Qualifikationen

• Experience in giving legal, regulatory or compliance advice related to insurance regulatory frameworks and risks.
• Proficient understanding of securities regulation and information barrier practices.
• Ability to interact with senior management and investment bankers while working independently.
• Ability to analyze complex situations and provide timely guidance.
• Excellent organizational and written communication skills.

Aufgaben

• Provide regulatory and Firm compliance policy guidance to the Insurance Solutions team and management on insurance and reinsurance issues.
• Identify and prioritize regulatory and compliance risks; develop and execute the compliance program and risk assessments.
• Develop and implement relevant compliance policies and procedures.
• Develop and conduct training.
• Coordinate with Control Room and Legal on information barriers and conflicts of interest.
• Coordinate with internal audit, regulators, and regulatory responses.
• Provide guidance on supervision structure, processes, and responsibilities.
• Coordinate issue management, escalation, and reporting.
• Collaborate with various Compliance teams including Control Room, Bank Regulatory, and Licensing.

Kenntnisse

Insurance compliance

Regulatory advice

Securities regulation

Information barriers

Stakeholder management

Ausbildung

Bachelor's degree

JD preferred

Jobbeschreibung

DEPARTMENT DESCRIPTION

Corporate and Investment Banking division of Societe Generale is looking to hire a Compliance Advisory Officer who will assume compliance coverage responsibility for the Insurance Solutions business line in the Americas. This position is located in our New York City office. This position is in the US Compliance Department and is part of the Investment Banking and Advisory and Conflicts Management team.

Main Accountabilities

Responsibilities will include:

• Provide regulatory and Firm compliance policy advice / guidance to the Insurance Solutions team and management on issues related to a reinsurance brokerage business, including sidecars.
• Identify and prioritize regulatory and compliance risks associated with insurance, develop and execute the compliance program, and conduct periodic compliance risk assessments, such as insurance licenses, registrations, payments, internal controls and other issues typical of a global investment bank.
• 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; Bank Regulatory; Regulatory Change; 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 insurance operations. An overall solid working knowledge of how global financial institutions function, including investment banking, is essential. Ability to collaborate with the Firm’s Compliance Advisory teams in Paris, London, and Hong Kong will be required.

Required

COMPETENCIES

• Experience in providing legal, regulatory or compliance advice related to insurance regulatory frameworks, filing and risks associated with business engagements and transactions.
• Proficient understanding of securities regulation and information barrier / conflicts clearance practices.
• 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.
• Strong work ethic and professionalism.
• Desire to learn.
• Adaptability and flexibility in a changing environment.

Prior Work Experience

• At least 10 years of relevant experience at an insurance company, investment bank covering insurance or equivalent in compliance advisory capacity specializing in insurance.

EDUCATION

• Bachelor’s degree
• JD preferred

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

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/)

DIVERSITY, INCLUSION & BELONGING ("DIB"):

Our DIB Mission: Recruit, develop, retain and advance a talented workforce that is united in our efforts to leverage our talent and further develop an inclusive environment that will enhance our competitive position and deliver innovative solutions to our clients. It seeks to foster an environment where employee differences are valued and where all employees feel engaged, supported, respected, and informed. For more information about our DIB initiatives, please visit this link: https://americas.societegenerale.com/en/careers/get-know-diversity/

COMPENSATION:

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. The role is eligible for an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans and commuters.