Compliance & Conduct Risk Officer

NatWest Group

Nov 5, 2024

Applications are closed

Job
Full-time
Senior & Expert Level
Legal
Paris

Requirements

To be successful in this role, you’ll need detailed knowledge of EU and local regulations, legislation and codes of practice relevant to appropriate licenses held. You’ll also have the ability to interpret these to support policy and procedure development.
We’ll look to you to have experience of interacting with regulators, along with excellent interpersonal and good verbal and written communication skills. We’ll expect you to have fluency in French and English.
In addition, you’ll need:
Extensive knowledge of investment banking and financial markets services gained from operating within a compliance function
The ability to source and assess multiple data and information points to help make risk-based decisions and solutions
Experience of report writing at all levels, including executive and board, and the ability to verbally deliver and discuss the content

Responsibilities

You’ll be working as a member of our European Compliance & Conduct team in a second line of defence capacity, primarily providing regulatory compliance and conduct oversight to our business based in France. You’ll provide support, advice, MI and escalation to senior management and the overall business on risk management, recommending necessary actions to the management team for establishing and achieving their commercial and strategic objectives.
We'll look to you to support on interactions with relevant local regulatory bodies in relation to respective compliance related matters and to help support the local compliance and conduct governance framework.
Establishing and maintaining a local compliance and conduct governance framework, including but not limited to, provision of advice to meet regulatory requirements and addressing regulatory compliance and conduct risks relating to business initiatives, projects and transactions, ensuring issues are managed appropriately
Identifying potential or actual regulatory compliance and conduct risks, ensuring appropriate escalation, remediation and mitigation to manage risks within appetite, including appropriate management reporting and escalation of matters, as required
Assisting with monitoring and testing of the business, systems and controls and providing oversight of the business compliance control effectiveness as required, including regular monitoring to ensure compliance with relevant rules and regulations
Establishing and maintaining adequate local arrangements for training and awareness

FAQs

What is the main role of the Compliance & Conduct Risk Officer?

The main role of the Compliance & Conduct Risk Officer is to act as a trusted adviser to the business, supporting management in understanding and owning regulatory compliance and conduct risks, while providing oversight and guidance on compliance-related matters.

What are the key responsibilities of this position?

Key responsibilities include establishing a local compliance and conduct governance framework, identifying and managing regulatory compliance and conduct risks, monitoring business compliance control effectiveness, and maintaining adequate local arrangements for training and awareness.

Is fluency in any specific languages required for this role?

Yes, fluency in both French and English is required for this role.

What kind of experience is preferred for applicants?

Applicants should have extensive knowledge of investment banking and financial market services, experience in a compliance function, and a track record of interacting with regulators.

What qualifications are necessary to interpret EU and local regulations?

Detailed knowledge of EU and local regulations, legislation, and codes of practice relevant to the licenses held is necessary to interpret these regulations effectively.

Will the Compliance & Conduct Risk Officer be required to interact with regulatory bodies?

Yes, the officer will support interactions with relevant local regulatory bodies regarding compliance-related matters.

What type of communication skills are expected from the candidate?

Excellent interpersonal, verbal, and written communication skills are expected, along with experience in writing reports at all levels, including executive and board levels.

Is this position specific to any location?

Yes, this position is specifically for the NatWest Markets Paris branch, with a focus on providing regulatory compliance and conduct oversight for the business based in France.

Will the Compliance & Conduct Risk Officer have a role in training and awareness?

Yes, establishing and maintaining adequate local arrangements for training and awareness is one of the responsibilities of the Compliance & Conduct Risk Officer.

What skills are essential for making risk-based decisions in this role?

The ability to source and assess multiple data and information points to make informed risk-based decisions and solutions is essential for this role.

NatWest Group

A relationship bank for a digital world. We champion potential.

Finance

Industry

10,001+

Employees

1968

Founded Year

Mission & Purpose

We’re a business that understands when our customers and people succeed, our communities succeed, and our economy thrives. As part of our purpose, we’re looking at how we can drive change for our communities in enterprise, learning and climate. As one of the leading supporters of UK business, we’re prioritising enterprise as a force of change. We’re focusing on the people and communities who have traditionally faced the highest barriers to entry and figuring out ways to remove these. Learning is also key to our continued growth as a company in an ever changing and increasingly digital world. By setting a dynamic and leading learning culture, our people prosper, and our customers are given the tools to continue to improve their financial capability and confidence. One of the biggest challenges we all face in our future is climate change. That’s why we’ve put it right at the core of our purpose. We want to champion climate solutions with financing and entrepreneurial support, fully embed climate into our culture and decision making, and be climate positive by 2025. We’re committed to using our purpose to break down barriers, drive change and ultimately create a great place to work.