Business Manager, Compliance Team

Job Description

Company description:People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. Its personable,human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like "hard work" and "dedication" together with "community" and "respect"has enabled us to work collaboratively and build our future together. We call this Team Spirit and its what makes us different. Its what makes you different. Job description:Description of the Business Line or Department The Group 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 across the entire Group. In conjunctionwith 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 proceduresand 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 riskand general vigilance regarding issues likely to harm the Groups 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/activitieswith a major impact on the Groups 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 Groupto 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 EuropeanCentral bank (ECB); consolidating and monitoring significant compliance events in the entities Summary of the key purposes of the role The role of the Business Management (BMO) team within Compliance is to support the Head of UK Wholesale Banking Complianceand (as a result of delegations received from the Head of UK Wholesale Banking Compliance) the Head of UK Central Compliance in: maintaining the organisation, governance and day to day operational functioning of the UK Wholesale Banking Compliance functionensuring that there is an appropriate level of formalisation for the Head of UK Wholesale Banking Compliance to demonstrate he took reasonable steps to prevent breaches and otherwise comply with his anticipated responsibilities as a Senior Manager (SMF16 ComplianceOversight) when SGLB is reauthorised as a Third Country Branch, and escalating risks and issues within wider SG London and Group governance and management frameworks. In particular, the BMO Team: Ensures the maintenance and running of the UK Wholesale BankingCompliance governance framework and support the Head of UK Wholesale Banking Compliance in complying with his obligations under the SG London SM&CR Policy Manages and oversees the Business Management Office (BMO) team within UK Central Compliance, ensuringthat the UK strategy and work plan are factored into the on-going functioning of the team, that required compliance processes are in place, operational and effective, and that the team meets the needs of Compliance within Societe Generale London Branch (SGLB)and the other in-scope entities supported by the BMO team (Societe Generale International Limited (SGIL) and Lyxor Asset Management UK LLP (Lyxor UK)) as well as other relevant stakeholders Ensures the effective operational functioning of the Compliance departmentin terms of budgets and financial control, operational and conduct risk breach recording management, facilities, access profiles and other technology support, follow-up on IGAD and CTL recommendations, and the permanent supervision and wider control frameworksimplemented in GPS, MyAPRC, the PCT project and other relevant tools and systems Ensures an appropriate and sustainable Compliance reporting, communication, metrics and follow up framework is implemented to keep relevant stakeholders informed of the activities,output and risks identified arising from or coordinated/managed by the BMO team Administers and oversees regulatory reporting in the FCAs Gabriel/Reg Data system and ensure timely submission of regulatory reportsCoordinates the RCSA and COMPASS exercisesfor CPLE LDN and otherwise provide support as required on transversal topics/ad hoc projects The Business Manager supports the Head of the BMO team in discharging the BMO Teams responsibilities, with a particular emphasis on the UK Wholesale Banking Compliancegovernance topics. Summary of responsibilities Act as alternate/delegate to the Head of the BMO Team for the agenda preparation, action tracking, minute taking and ToR maintenance of the SGLB Compliance Management Committee (If the Head of the BMO Team isabsent), act as his alternate for the agenda preparation, action tracking, minute taking and ToR maintenance of the SGLB Compliance Executive Committee Collaborate with other members of the BMO Team in supporting the agenda preparation, action tracking, minutetaking and ToR maintenance of the Compliance Operational & Conduct Risk Meeting Maintain the documents formalising the responsibilities of the Head of UK Wholesale Banking Compliance and his delegation to other individuals (incl. statement of responsibilities,job descriptions of delegates, attestation)Maintain the section of the SGLB Management Responsibility Map (MRM) related to the UK Wholesale Banking Compliance perimeter Act as alternate/delegate to the Head of the BMO Team in coordinating (i) the productionand validation of the reports about regulatory risks presented in the SGLB Risk Management Committee (RMC) on Non-Financial Risks, (ii) the CPLE/LDN responses to the annual RCSA exercise and (iii) the production of the SGLB synthesis and actions presentedto the SGLB CEO as part of the annual COMPASS compliance risk assessment Collaborate with other members of the BMO Team in supporting the construction and validation of the annual SGLB Compliance and Financial Crime PlanAct as alternate/delegate to the Headof the BMO Team in responding to requests for ad hoc memos from the Head of UK Wholesale Banking Compliance and/or the SGLB Compliance ExCo to support escalation of risk or issues to local and functional management Collaborate wit