Senior Regulatory Compliance Advisor, London Stock Exchange
Data & Reporting
Stock exchange in the City of London
Be an early applicant
Stock exchange in the City of London
501-1000 employees
Be an early applicant
501-1000 employees
Company mission
To make things happen, out there in the real world, where it matters.
Role
Who you are
- Experience preferably in financial institutions with expertise of risks and regulations related to financial products
- Strong team player
- A good general knowledge of DORA, EMIR, Arrêté 4 Novembre 2014 and banking regulations
- A proven experience in program/project management in implementation of new regulations
- Strong relationship management, interpersonal skills, excellent verbal, and written communication skills (French and English)
- Rigorous and control oriented
- Ability to manage multiple initiatives simultaneously in a dynamic environment
- Sound judgment and strategic thinking skills
- English work experience
- Ability to assess information critically and ensure an accurate and clear flow of information between the business and other key functions (Risk, Ops, Finance, Legal…), the compliance team and regulators
- Pro-active and demonstrates initiative
- Prioritises activities according to business and operational need
- Excellent analytical, problem-solving and organisational skills with the ability to progress issues on a timely basis
What the job involves
- The role of the Senior Regulatory/Compliance Advisor will be hosted in LCH SA Compliance Department and report to the Chief Compliance Officer (CCO)
- LCH SA is an international clearing house within the Post Trade Division of LSEG, with international client outreach and fast developing complex set of businesses of critical importance. As such, LCH SA is multi regulated by three French authorities (ACPR, AMF, Banque de France), the Emir College comprising 19 European regulators and ESMA as well as by several foreign regulators (FINMA, CFTC, SEC, JFSA, ASIC, OSC, AMFQ, BOE)
- It is also regulated as a bank mainly by the ACPR. It has to comply with many clearing regulations such as EMIR, Dodd Frank, CCAS, MIFIR, CSDR, CCP R&R, RGAMF etc. but also banking regulations such as CRD/CRR, COMOFI, Arrêté du 3 Novembre, EBA guidelines etc
- Under the responsibility of the CCO, the advisor will be required to:
- Advise and assist the business and other departments, including IT, to ensure ongoing compliance with applicable regulations, especially related to data and reportings requirements (EMIR, DORA, Regulation Systems Compliance and Integrity, CFTC 39.18(e)(5)) and other related projects:
- Assess impacts in terms of data and reportings (transactions, incidents and any other mandatory reports) related to business developments including new and existing business initiatives from first ideas to implementation
- Contribute and drive if needed the submission file for regulatory authorisations or mandatory reports / exams and manage the regulatory processes until the authorisation / approval is obtained and ensure the follow-up for any approval condition / requirement. This includes, but is not limitative, drafting of regulatory filings / Applications memos for services changes, new services, new products, new membership
- Work with other Compliance advisors, ensuring that issues are properly addressed across the board / Business Lines
- Define KPIs in order to follow the quality of reportings sent to Regulators; identify remediation plans to fix issues and make sure that actions are correctly implemented
- Drive the filing for new licences, new actions requests
- Ensure relationships with regulators (including AMF, ACPR, Banque de France, SEC, CFTC and other regulators), within his perimeter (EMIR, DORA…), notably by:
- Contributing to regulatory submissions
- Contributing to annual reports
- Being the main contact on data and regulatory reports matters, including IT projects where Compliance is involved
- Managing, centralising, and following up of regulatory interactions and queries
- Providing reasonable assurance that LCH SA complies, at all times, with its rules and regulations:
- Ensure the tracking of regulatory issues/actions until formal closure from the regulators where required
- Report on non-compliance issues and notify incidents to regulators
- Coordinating regulatory inspections and manage inspection process until closure of corresponding recommendations
- Analysing new regulations impacting LCH, liaise with Government Relationship and Regulatory Strategy department to influence regulatory change, clarify, and ensure that the new regulations are adequately embedded
- Representing compliance in the various committees where compliance matters are discussed, liaise with other departments in charge of these subjects, ensure awareness
- More generally participating to compliance transversal tasks as and when needed
Our take
The London Stock Exchange is one of the world’s oldest stock exchanges, with a history dating back over 300 years. It operates as a part of LSEG (London Stock Exchange Group), one of the world’s leading providers of financial markets infrastructure, as a marketplace to enable stock brokers and traders to buy and sell stocks, bonds, and other securities.
The London Stock Exchange has lived through a stream of innovations; from telegraph and telephone, to the Market Price Display System, automatic trade matching, and the digitisation of issuer services. In 2019 it acquired Refinitiv, a financial information company, and in doing so became a global financial news and data business.
Most recently, the London Stock Exchange has made moves to support the evolution of private markets, and further build its presence in this space. It partnered with Floww, a platform that connects investors with private companies, with aims to launch a private primary capital raising facility, as well as explore new technologies and secondary market options for the platform.
Steph
Company Specialist at Welcome to the Jungle
Insights
21% employee growth in 12 months
Company
Funding (2 rounds)
Dec 2019
$25.3m
LATE VC
Feb 2018
$25.3m
LATE VC
Total funding: $50.5m
Company benefits
- Hybrid working options
- Healthcare
- Retirement planning
- Paid volunteering days
- Wellbeing initiatives
Company values
- Our culture of connecting, creating opportunity and delivering excellence shapes how we think, how we do things and how we help our people fulfil their potential
Company HQ
City of London, London, UK
Articles
Leadership
David Schwimmer
(CEO, not founder)Was Managing Director at Goldman Sachs for 20 years.
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