VP & Head of Compliance - Global Markets, GCF and Head of Surveillance

JOB PURPOSE:

The incumbent will be a core member of the Compliance Advisory team. The focus of the role includes two primary responsibilities: (1) provide compliance advice, oversight, and challenge to the below listed business teams, and (2) lead and oversee the Compliance Surveillance team.

The role is positioned to help uphold fair and orderly markets, act as an independent partner to the First Line of Defense, and oversee and support the ongoing enhancement and framework of the Second Line of Defense which will help FAB continue to endorse a solid culture of compliance.

This is a global role so the role-holder will be responsible for collaborating with country Compliance teams to provide advice and support to the relevant business activities in international locations and manage surveillance controls on behalf of country Compliance teams.

KEY ACCOUNTABILITIES:

Compliance Advisory

• Trusted adviser and compliance subject matter expert for Global Markets and Global Corporate Finance. Provide advice, oversight, and challenge to support the business areas to manage their compliance risks.
• Provide product and location specific regulatory and compliance policy guidance.
• Advise on regulatory, compliance policy and other aspects in relation to business strategy and new business products or initiatives with an ability to develop solutions that meet various internal and external requirements.
• Act as Compliance point of contact for other compliance issues including financial crime risks, employee compliance controls, and conflicts of interest.
• Supporting the business to foster an open and co-operative relationship with regulatory authorities and exchanges. Supporting the business during regulatory requests for information, reviews and examinations and assisting in the formulation of management action plans in relation to regulatory findings.

Surveillance

• Lead and execute the tactical and strategic intent for Compliance Surveillance. Evolve the surveillance control environment and explore how the surveillance mandate can be rolled out to other business areas and locations.
• Ensure that day-to-day surveillance activities are executed per agreed protocol and key performance indicators are achieved.
• Demonstrate entrepreneurial flare in taking surveillance to a global best practice level by working with vendors and technology on various enhancements. Alerts and other forms of automated oversight will need to be calibrated for optimization.