Director –Compliance Coordination Officer (CCO), SG Canada - Compliance -

Job description
Responsibilities

ABOUT SOCIETE GENERALE:

Société Générale Corporate Investment Banking (SGCIB) is one of the largest investment banks in the world and is present in more than 75 countries. The head office of its Canadian entities is located in Montreal.

In Canada, Société Générale operations include financial services (with a regulated investment dealer, and a regulated foreign bank branch), business advisory, as well as the execution and clearing of exchange traded securities and derivatives.

Société Générale Group was established in Canada in 1974 and has today more than 825employees and consultants based in its Montreal and Toronto offices.

ABOUT THE DEPARTMENT:

The Compliance Department at Société Générale Canada is responsible for overseeing compliance with laws, regulations, guidelines and policies that apply to the firm’s banking and financial activities (including securities dealings), particularly in the areas of anti-money laundering, anti-terrorism financing, sanctions embargoes, know-your-customer obligations, client protection, market integrity, anti-bribery corruption, data protection and client tax transparency.

The Compliance Department enables the firm to operate according to essential compliance standards, ensures that Société Générale’s non-compliance and reputational risks are controlled, while supporting the business with existing activities and in the development of new products or services.

Compliance acts as a second line of defense, developing and implementing policies, procedures and controls, monitoring activities, advising the business, assessing risks, and providing training to ensure understanding and application of requirements, contributing to spread a culture of compliance within the Société Générale Group.

ABOUT THE JOB:

The role of the SG Canada CCO is to ensure the organization meets all regulatory obligations and adheres to internal policies. The role is a full-time job with a mandatory four days in the office per week.
• Leadership and Team Management:
• Strategically enhance the SG Canada compliance risk management framework on an ongoing basis, serving as a member of the SG Canada Executive Committee.
• Supervise a team of approximately 47 compliance professionals based in Montreal, fostering a culture of compliance across the organization.
• Work closely with colleagues in SG New York and across the Americas region.
• Regulatory Compliance:
• Establish and maintain robust policies and procedures to assess adherence to applicable laws and regulations, ensuring the firm and its representatives operate within established guidelines.
• Monitor compliance activities and promptly escalate any non-compliance issues.
• Reporting and Oversight:
• Prepare and submit an annual compliance report to the SG Canada board of directors or equivalent governing body, facilitating assessments of compliance with the Corporation’s Dealer Member rules and relevant securities laws.
• Compliance Culture Promotion:
• Collaborate on the development and dissemination of policies and procedures.
• Lead educational initiatives to enhance employee awareness and adherence to compliance standards.
• Proactive Compliance Programs:
• Design and implement proactive programs to detect compliance violations, including the evaluation and integration of relevant software solutions.
• Regulatory Relations:
• Build and maintain strong relationships with regulatory bodies and self-regulatory organizations (such as CIRO and the Montreal Exchange), ensuring full cooperation during inspections and investigations.

By cultivating a culture of compliance, the CCO safeguards the institution's reputation and aligns compliance efforts with the bank's long-term strategic objectives.

Profile required

Must Have:
• Bachelor’s degree in finance, Business Administration, Law, or a related field; a master’s degree or relevant professional certifications (e.g., CAMS, CCEP) is preferred.
• 15+ years of experience in compliance within the financial services sector, particularly for an investment dealer or registered advisor or in investment banking or related areas.
• In-depth understanding of relevant legislation and frameworks, such as Canadian securities, derivatives, banking and other relevant laws, regulations, and compliance frameworks, including AML and sanctions regulations.
• Strong leadership skills to manage and develop a diverse compliance team effectively.
• Ability to analyze complex regulatory requirements and assess compliance risks.
• Excellent verbal and written communication skills for clear reporting and effective liaison with regulatory bodies.
• Strong relationship-building skills to foster collaboration with internal departments and external regulators.
• Proficient in identifying compliance issues and developing practical solutions.
• High ethical standards and integrity to uphold the organization’s reputation.
• Ability to work under pressure and meet tight deadlines while maintaining a focus on compliance objectives.
• CIRO Registration Proficiency Requirements required, including:
• Partners, Directors and Senior Officers Course*
• Chief Compliance Officer Course*
• Note: offered by the Canadian Securities Institute.

LANGUAGE:

Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States.

Due to US Federal Securities law applying to this position, candidates who will apply for this position will be required to submit to an enhanced background screening, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority ("FINRA")
Why join us

OUR BENEFITS:

WHAT WE DO DIFFERENTLY AT SOCIÉTÉ GÉNÉRALE

Competitive compensation benefits offering, including but not limited to:
• Minimum of 20 Vacation days + 4 personal days
• Supportive Maternity, paternity, parental and adoption leave policy
• Health spending ($2,000/year) and personal spending ($1,000/year) accounts with 75+ eligible reimbursement categories (health, training, electronics etc.)

Fully sponsored virtual healthcare assistance and Employee Assistance Program to you and your immediate family

Various Employee Resource Groups (ERG) to engage with such as Pride and Allies, American Women Network, Black Leadership Network, One planet, etc.
• A culture of continuous development by encouraging our employees various training programs (online training and coaching platform such as Coursera, GoFluent, Pluralsight, First Finance, and others)
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/)

DI:
Our Diversity Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.
Our Diversity Inclusion Vision:
• Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
• Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents
• Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our DI initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

HYBRID WORK ENVIRONMENT:
Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols. Hybrid work arrangements vary based on business area. The applicable business lines will determine and communicate the work arrangements that best meet their business needs. Read more