Compliance Director
Fitch Ratings is a global rating agency dual-headquartered in New York and London with 51 offices worldwide, dedicated to providing value beyond the rating through independent and prospective credit opinions, research and data. We transform information by offering knowledge and experience behind every opinion to deliver meaning and utility to investors, issuers and other market participants. Fitch Ratings’ global expertise draws on local market knowledge, spanning the fixed-income universe. The context, perspective and insights we provide help investors make important credit judgments with confidence.
Fitch Ratings, Fitch Solutions and Fitch 7city Learning are part of the Fitch Group. The Fitch Group is jointly controlled by Fimalac, headquartered Paris, and the Hearst Corporation, headquartered in New York.
Department overview:
The Global Compliance Group is responsible for regulatory and compliance matters globally. It is split into three teams covering regulatory compliance (including regulatory reporting), personal conflicts monitoring (including securities monitoring) and compliance audit.
Responsibilities:
- This is an advisory role for employees and managers to identify areas that give rise to a conflict of interest and work to resolve those conflicts
- Provide a practical and supportive role in administering the Firm's Code of Conduct
- Provide leadership for a small team of compliance analysts administering the Code of Conduct for securities monitoring
- Develop a risk based approach to securities monitoring, focus compliance resources to "true conflicts of interest "
- Tracking and Monitoring Employee Personal Securities Brokerage Account Activity and Trade Confirmations
- Ongoing surveillance and "spot checking" of personal trading activity to detect conflicts of interest, trading violations, front running, trading on inside information etc. and escalate as appropriate
- Training of employees and managers on pertinent policies and procedures.
- Ongoing review and evaluation of the Firm's policies and procedures to ensure that risk issues continue to be the focus of the Personal Securites Monitoring Team
- Create and distribute management reports to capture and address risk related issues e.g. outside business interests, holdings in conflict with firm restrictions, short term trading etc.
- Participate in regulatory examinations, collect, organize and provide required regulatory reports and respond to information requests
- Maintain and update the Personal Conflicts Monitoring Procedures Manual
- Identify areas for process improvement
- Systems knowledge to generate reports, manipulate systems information to respond to senior management requests for identified Conflicts of Interest
- Ongoing liaison with lines of business management and other support functions
- Develop and maintain relationships with our providers and vendors to ensure prompt delivery
- Collaborate with IT and vendors to ensure successful rollout of new employee trading oversight system
Qualifications and experience:
Reporting into the US, this is a stand alone position based in the UK but managing compliance monitoring for Continental Europe.
- Demonstrated management experience in the oversight of securities monitoring
- Highly organised with good time management skills and a responsive nature
- Strong relationship management skills and experience
- Ability of operate and influence at senior ends of the business
- Experience of working in a regulated financial services arena
- Hands on approach with a sense of ownership and leadership for a geographical region
Application:
To apply please submit a cover letter and most recent CV including remuneration details, via the enclosed links.
Fitch complies with all laws governing employment in each jurisdiction in which it operates, and provides equal opportunity to all applicants and employees. All applications will be considered without regard to race, color, religion, gender, national origin, age, disability, marital or veteran status, sexual orientation, and other status protected by applicable laws.
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