Director
Fitch Group is a global leader in financial information services. Dual headquartered in New York and London with offices in more than 30 countries, Fitch Group is jointly owned by Paris-based Fimalac and by New York-based Hearst Corporation. The group is comprised of three businesses: Fitch Ratings, which provides credit ratings and research; Fitch Solutions, which delivers credit market data, analytical tools and risk services; and Fitch 7city Learning, which offers learning and development solutions for the global financial services industry.
Fitch Ratings is a leading global rating agency committed to providing the world’s credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade, gaining market presence throughout the world and across all fixed income markets.
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
Fitch is an equal opportunity employer that employs people across the full spectrum of society. Fitch works hard to create a workplace with an emphasis on inclusion, innovation and merit. By valuing diversity and equality in our workplace, we believe it adds strength to our business
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