Fixed Income Compliance Advisor

Societe Generale; New York (NY); On-site; USD 90,000 - 140,000; Full time

Job summary

The SGUS Compliance Department monitors corporate and investment banking activities and coordinates with Global Compliance in Paris to implement policies and manage cross-border transactions. It oversees handling of confidential information and administers the Employee Investment Policy, registration of broker–dealer personnel, and compliance training.

Responsibilities include supporting senior staff, updating policies to FINRA/SEC rules, and conducting regulatory responses.

Qualifications

• Advanced word processing, spreadsheet, and presentation skills.
• Knowledge of SEC, FINRA and SRO rules related to Fixed Income Sales and Trading products.
• Experience with regulatory requirements (TRACE reporting) and FX markets.

Responsibilities

• Assist in updating Compliance Policies and Procedures to align with FINRA/SEC rules.
• Support regulatory inquiries and examinations.
• Collaborate with IT and Operations on regulatory initiatives.
• Provide compliance guidance across Equity, Equity Derivatives and Futures.

Skills

MS Word

MS Excel

PowerPoint

Education

Bachelor's Degree

Job description

Responsibilities

The SGUS Compliance Department monitors the corporate banking, investment banking and broker–dealer activities of SGUS and reports on the compliance risks and issues to SGUS and Global Compliance Senior Management. Additionally, the SGUS Compliance Department works closely with the Global Compliance Department in Paris to ensure effective implementation of Global Compliance policies and to coordinate all cross-border business transactions and activities. The SGUS Compliance Department is responsible for monitoring the handling of sensitive confidential business information by SGUS personnel through the Compliance Control Room. It administers the SGUS Employee Investment Policy, arranges for the registration of broker–dealer personnel, and conducts compliance training. In addition, the Advisory Team provides the various business lines with guidance and advice on relevant rules and regulations. The US Financial Crime department is responsible for ensuring compliance with anti-money laundering (“AML”), Bank Secrecy Act, USA PATRIOT Act, OFAC and sanctions regulations for the US operations. Additionally, AML oversees key processes and risks of the KYC department.

Responsibilities

The SGUS Compliance Department monitors the corporate banking, investment banking and broker–dealer activities of SGUS and reports on the compliance risks and issues to SGUS and Global Compliance Senior Management. Additionally, the SGUS Compliance Department works closely with the Global Compliance Department in Paris to ensure effective implementation of Global Compliance policies and to coordinate all cross-border business transactions and activities. The SGUS Compliance Department is responsible for monitoring the handling of sensitive confidential business information by SGUS personnel through the Compliance Control Room. It administers the SGUS Employee Investment Policy, arranges for the registration of broker–dealer personnel, and conducts compliance training. In addition, the Advisory Team provides the various business lines with guidance and advice on relevant rules and regulations. The US Financial Crime department is responsible for ensuring compliance with anti-money laundering (“AML”), Bank Secrecy Act, USA PATRIOT Act, OFAC and sanctions regulations for the US operations. Additionally, AML oversees key processes and risks of the KYC department.

Responsibilities include, but are not limited to:

• Assist Senior Advisory staff in providing compliance guidance and support to EQD business lines, firm management, support functions and compliance teams.
• Assist in the creation, implementation, and execution of the training program for all related compliance matters to the EQD business lines, support functions and compliance support staff on relevant rules and regulations.
• Assist and where necessary update Compliance Policies and Procedures to be current with FINRA/SEC rules, regulations and business model.
• Assist in the response of regulatory inquiries and provide support during regulatory examinations.
• Work closely with Senior Advisory staff, IT and Operations personnel on the implementation of regulatory initiatives.
• Compliance Advisor will cover the following areas of the business: Equity, Equity Derivatives and Futures
• Work with relevant stakeholders on the team to provide compliance guidance on new product initiatives impacting the EQD space.
• Conduct quarterly reviews of EQD business unit trade activity, as well as marketing material, in an effort to identify potential compliance issues.
• Support and execute the Compliance Risk Assessment process for the EQD Advisory Team.
• Assist in the design, when new or amended regulation is enacted, and support the maintenance of the written supervisory procedures applicable to the EQD business units.

Required

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.
• 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 other 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

• Advanced experience with Microsoft Word, Excel, and PowerPoint
• Excellent writing skills
• Securities licenses a plus

Qualifications (Experience, Education, Languages)

• Bachelors Degree
• Knowledge of SEC, FINRA and SRO rules relating to Fixed Income Sales and Trading Products.
• Experience with regulatory requirements (i.e., TRACE reporting and coverage of Treasury Auctions)
• General knowledge of FX markets
• Primary Dealer Treasury Auction Compliance experience

Business insight

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.