Vice President - Regulatory Compliance - BFSI (12-20 yrs)

Regulatory Compliance-VP

- Masters is a must

- Looking from Investment Banking experience

Mandatory Skills:

- 2 LOD + Regulatory Compliance + Working on Various Regulations like MIFID, EMIR + Advisory experience.

- Working in Compliance Division expertise of product Knowledge, Market Knowledge, Various Asset Classes.

- As part of the team, the successful applicant will collaborate with colleagues across the second line of defence to provide proactive advice and challenge to the business function and ensure good conduct outcomes for our clients and co-ordinate a safe operating environment for the firm.

For this role, you will have experience of, or transferable skills to develop:

- Provision of second line advice and challenge and risk management practices across MSS Operations, and provide oversight to monitor that the business function is operating in line with relevant laws, regulations, codes and Group Standards.

- Provision of Compliance advice to all areas of MSS Operations function with primary coverage of relevant UK, EU and US regulation that are relevant for MSS such as all aspects of CFTC, MiFID, EMIR, Governance, Outsourcing, Data Privacy, Review of new products, Conflicts of interest and Regulatory Reporting.

- Up to date knowledge of regulatory and legislative changes and provide advice to enable the business to anticipate and implement changes and operate in a compliant and controlled manner.

- Enable delivery of new regulatory requirements or revision to existing rules and requirements (e.g., MiFID) by partnering with regulatory change and other SMEs ensuring changes and impacts are disseminated to the appropriate businesses, functions and/or jurisdictions.

- Delivery of mandated initiatives by partnering with Entity, Regional and Group Compliance teams.

- Excellent collaborative but appropriately independent working relationships with MSS Operations staff and management to support and review control frameworks and input in governance fora.

- Provide advice and challenge to satisfy Compliance Core Risk Steward responsibilities including contribution into Compliance risk assessment, testing and monitoring program, and lead and support engagement with regulators and regulatory examinations.

- Form part of the Global Regulatory Compliance team that provides independent line of business oversight and challenge of the Markets and Securities Services business.

- Lead robust risk stewardship and provide advice & challenge to the Markets & Securities Services first line of defence (including NFR, COO, Trading & Sales) over Information Control, Conflicts of Interest and Control Room.

- This includes oversight of Wall Crossing, NDA Information Sharing, Public / Private controls, Physical Segregation, Information Handling, Conflicts of Interest identification activities in order to meet regulator and policy requirements.

- These areas have seen significant regulatory censure and interest and are priority risk areas for both NFR and Compliance.

- Oversight and stewardship of Employee Compliance (including PA Dealing, Outside Activities and Personal Connection Conflicts), Business Continuity Planning and Critical Business Services & Third Parties.

- Provide robust risk stewardship of the Markets Control portfolio of work, and wider relevant transformation programmes - including critical regulatory remediation programmes.

- All elements of the role require significant engagement and coordination with asset classes, operations, and regions across MSS RC.

Principal Accountabilities:

Key activities and decision making areas Typical Targets and Measures:

Impact on the Business:

- Ensure compliance is a core focus in the areas of responsibility and embedded into the culture of the organisation.

- Ensure positive and professional working relationships with internal and external stakeholders incl Compliance function colleagues and regulators.

- Maintain active participation and good attendance in assigned committees and working groups, provide oversight and control as it relates to compliance policies, procedures, risk management and regulatory requirements.

- Positive feedback from Global and Regional Markets & Compliance Management, Business Stakeholders and Line Manager(s).