Compliance Officer, Control Room - London, United Kingdom - Société Générale

Société Générale

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Responsibilities:

Description of the Business Line or Department

The Compliance Service Unit (CPLE) is responsible for the definition and consistency of the compliance risk prevention and control system, and for coordinating the framework aimed at preventing, identifying, assessing and controlling reputational risk.

In conjunction with the Business Units and other Service Units (BU/SUs), CPLE performs the following tasks with respect to compliance risk:

defining and implementing the overall normative framework of the Compliance service and monitors its implementation;

- defining procedures and implementing a framework to ensure compliance with respect to compliance risks;
- awareness-raising among Group employees regarding compliance risk and the strengthening of the compliance culture within the Group;
- mapping and analysing Group compliance risk and general vigilance regarding issues likely to harm the Group's reputation or that of one of its activities;
- performing the second-level control and supervision of the framework, including independently assessing compliance risk management within the entities/activities with a major impact on the Group's risk profile, and individually with respect to regulated employees, in compliance with the applicable regulations;
- monitoring relations with supervisory and regulatory authorities, and representing the Societe Generale Group to these authorities, not including supervisory and regulatory authorities where the Legal function (SEGL/JUR) organises and coordinates the monitoring of these relations, in particular the Autorite de Controle Prudentiel et de Resolution (ACPR) and the European Central bank (ECB);
- consolidating and monitoring significant compliance events in the entities.

Summary of the key purposes of the role
The_ _Compliance Officer of the Control Room provides proactive support to the Control Room activities within Control Room team:

Ensuring appropriate identification, management and resolution of Conflicts of Interest arising from the investment banking, relationship, and research business line
Providing and ensuring that the team provides timely advice on internal policies regarding Conflicts of Interest, Information Barriers and other Control Room frameworks as described below within the remit of the EMEA Control Room team.

Summary of responsibilities

To ensure that appropriate Conflicts checks are undertaken ahead of new deals from Private side business lines. To capture and record, where required, conflicts in the conflicts management system and to make the appropriate and prompt notification of the results of the conflicts checks to the relevant business lines, once the conflict checks are completed.
To ensure that any conflicts of interest arising from private side activities are dealt with timely in accordance with the Conflicts of Interest Policy and are proactively reported, as appropriate, to the relevant business manager(s) and/or to the relevant IB advisor within the Global Investment Banking Compliance team
To maintain the Watch, Restricted and Insider Lists and associated processes
To clear Investment Research against the Watch and Restricted Lists and maintain the input of conflicts of interest data into Investment Research systems, including for regulatory disclosures
To support the Personal Account Dealing framework, approving requests of SG London Branch staff as required per the Personal Investment Policy in the UK and EMEA.
To review and provide clearance where appropriate for the Outside Business Interest requests of SGLB staff
To maintain Information Barrier and Wall Crossing procedures, and ensure that Wall Crossing requests are actively and promptly managed.
To assist with the delivery of training to the business lines and other members of Compliance on CR process related topics,
To handle and ensure the recording of breaches arising related to CR processes, and escalate as appropriate.
To assist the team in charge of threshold disclosure to ensure that the appropriate shareholder positions and trades regulatory disclosures are made timely in the UK under the Companies Act and the Takeover Code.
To liaise proactively with the Global Control Room in other locations, ensuring consistent and coordinated approach to the Control Room framework, working on reinforced harmonisation of best practices and translation of regulatory development onto Control Room processes.
To proactively support IT departments and business analysts for the continuous improvement of IT tools of the Control room (including insider list and conflicts of interest tools)