Markets, Global Treasury and Global Credit Finance Compliance Manager, AVP

Purpose of the role

The State Street Bank International GmbH (SSBI) Markets Compliance team seeks a Compliance Officer/Assistant Vice President to support the oversight of and provide advice and guidance related to the suite of products & services provided by the State Street Bank  Markets , Global Treasury (GT) and Global Credit Finance (GCF) divisions.

We are seeking a mid-level compliance professional to support the delivery of the compliance oversight program for one or more strategically important business line(s) within SSBI Markets. This role requires proficient and competent expertise in multi-asset-class Capital Markets & Financial Instrument Trading, combined with a strong understanding of German (e.g. WpHG, MaComp, KWG, MaRisk) and pan-European regulatory frameworks (e.g., MiFID II, MAR, MiFIR), industry best practice and market conventions (e.g., Global FX Code). 

In addition the position is part of the broader Global Markets Compliance team.

The successful candidate will act as a trusted advisor to stakeholders across trading, operations, risk management, and second and third-line risk and control functions (e.g. surveillance, legal and audit), ensuring robust compliance governance, oversight and proactive risk management.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

Key Duties and Responsibilities:

• Support the delivery of the advisory Compliance Program for the business units in scope.
• Supporting the successful and timely completion of oversight program, including the identification and resolution of risks and issues which impact the compliance program delivery, while building strong relationships with compliance and business colleagues.
• Independently conduct assigned responsibilities within their section of the overall Compliance function and execute a range of complex tasks and analyses to support the business unit and department goals.
• Providing regulatory advice for the product suite of Markets and the marketing thereof across the EU and into overseas jurisdictions.
• Reviewing and assessing the impact of new regulations and work collaboratively with the impacted business to implement necessary changes to comply with them. Engage in advocacy and industry discussions.
• Contribute to the analysis and interpretation of policies and regulations as it aligns with the corresponding business units.  This includes new regulations being implemented that affect the business units.
• Providing challenge to the business in regard to regulatory adherence; this includes communication of required corrective actions to senior management.
• Identifying and escalating any potential and/or actual breaches of firm or regulatory requirements, and, if so, assisting in the development and/or implementation of remedial actions required.
• Responsible for support in drafting and maintaining policies and procedures, as well as corresponding training.
• Dealing with general regulatory queries from staff.
• Cooperation with the broader Markets/Global Treasury and Global Credit Finance Compliance team.
• Working on Business Line and/or Compliance related projects as assigned.
• Actively participate in the review of new business initiatives, products and services, including Requests for Proposal and marketing materials to ensure regulatory compliance requirements are addressed, as applicable.
• Prepare business for and assist with regulatory and third party examinations as well as lead direct interactions with regulators.

Qualifications:

• Bachelor’s degree, Masters, or other advanced degree preferred.
• Fully qualified German lawyer or comparable legal qualification desirable
• .
• Minimum 5 years’ experience in financial services preferably within a compliance function.
• Have a strong understanding of policies, procedures and controls.
• Excellent interpersonal, organizational, communication and team-working skills.
• Good regulatory understanding (especially MiFID, MAR requirements and their EU implementation).
• Strong analytical skills, excellent oral and written communication skills.
• Aptitude to work both independently and collaboratively, manage multiple simultaneous tasks in a high-pressure, deadline-driven environment.