Compliance Advisory Officer - Insurance Solutions

Job description

DEPARTMENT DESCRIPTION The 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.