Head of Compliance, Risk & MLRO – Natixis S.A. Swedish Branch

Job description

Poste et missions

Overall Purpose

·  Responsibility for the Natixis Swedish Branch's performance of its obligations under the Swedish FSA
·  Responsibility for the Branch's general compliance (including, for the avoidance of doubt, Financial Crime legal and regulatory matters) with the Swedish regulatory and financial crime legislative regime applicable to the Branch.
·  Responsibility for the escalation of correspondence from the Swedish FSA and other Swedish  regulators in respect of the Branch to the Swedish Branch and UK Senior Management, or, where appropriate, the Head office of Natixis, or BPCE. Designated contact in Sweden for the Swedish FSA and other relevant regulators on behalf of the Swedish Branch.
·  Responsibility for the Natixis Swedish Branch's performance of its obligations in relation to the Natixis risk supervision framework. In this role the role holder has overall responsibility (shared with HO) for credit, market, operational and enterprise risk of the Natixis Swedish Branch
·  Responsibility for the escalation of risk matters in respect of the Branch to the Swedish Branch and UK Senior Management, or, where appropriate, the Head office of Natixis, or BPCE.
·  Leading the Swedish Information Security, Business Continuity Management and Physical Security matters for the CIB business.
·  The overall responsibilities of the role are to set strategies to manage compliance, financial crime and risk within the Natixis Swedish Branch and to maintain a strong compliance, financial crime and risk culture throughout the CIB operations of Natixis in Sweden.
·  The Head of Compliance must play a full part, as a member of senior management and the executive governance of he Branch in providing leadership to the business, building and implementing the strategy and operational plan to meet corporate goals and safeguarding customers' 

Main Responsibilities

·  Setting strategy for managing the relationship with the Swedish FSA and other local regulators. Together with the Senior Country Manager, be responsible for managing those relationships

 

·  Supervising the fight against financial crime and overseeing the AML/Sanctions program in the Sweden

 

·  Monitoring the implementation of recommendations and requirements of regulators / market authorities and internal audit in order to prevent sanctions and the risk of reputation/ image/ or financial loss

 

·  Set, establish and provide adherence to processes, policies and procedures to meet compliance, legal and regulatory requirements. These should be supported by the appropriate monitoring and reporting procedures

 

·  Be aware and demonstrate through actions, adherence to all compliance obligations set both externally (through legislation, regulation or industry guidelines) and with related internal policy and procedures (which detail those requirements specific to Natixis)

 

·  Implement and develop permanent control plan that satisfies French APCR requirements

 

·  Manage the Swedish-based Security oversight, responsible for establishing, implementing and reviewing the BCP and local security (IT and physical) policies, ensuring appropriate liaison with IT and Compliance departments, as relevant

 

·  Assist in the development of the business continuity plan for the Swedish Branch, including appropriate liaison with IT on the DR aspects

 

·  Plan and manage the Swedish Branch Compliance and Risk Department budget and set the Department's strategy

 

·  Regular reporting to senior management and Head Office compliance, including the production of metrics, KPls, KRI and other indicators

 

·  Oversight and supervision of the credit risk for the Natixis Swedish Branch: - this implies having oversight through regular meetings and contact with the Europe Head of Risk and;

 

·  Insures that a reporting tool allows the Europe CRO to carry out such task.
·  Opines on the Swedish Branch files submitted to NCC when the role holder feels the need and independently from the credit risk department view 
·  Monitors Europe Watch List, Provisioning and participates to their review in the CIB Watch List and provisioning Committee 
·  Attends all local and Head Office risk committees as stipulated below in more detail 

 

·  Oversight and supervision of the Swedish Branch Operational risk perimeter
·  Contribution to the management and governance of the Europe Risk Division through participation in departmental committees meetings 
·  Periodic review of the Swedish Branch risk governance 
·  discussion with Country Risk Management in Head Office and participation to the CRG validation of the limits) 
·  Ensure adherence to the Risk Appetite Framework 
·  Supervision and oversight of adherence to Natixis Risk policies and procedures and their application 
· 
Application of the International Risk Charters/ SLAs which govern the relationship between the International platforms and Head Office

Conduct and Risk Culture​

 

· 
To comply with all applicable external and internal requirements on Conduct and Risk Culture, including, but not limited to:​

 

· 
The Swedish FSA Conduct Rules;​

· 
The GFS Code of Conduct;​

· 
All relevant Laws, Regulations, Market Standards and Codes.​

 

· 
Ensuring both your own and Natixis behaviour and activity:

 

· 
Supports the fair treatment of customers and promotes the duty to avoid harm; ​

· 
Maintains market integrity and fosters healthy competition; ​

· 
Prioritises good personal conduct and the appropriate treatment of colleagues; ​

· 
Recognizes the duty owed to other stakeholders and to wider society.​

 

· 
Fostering a healthy Risk Culture where you:​

 

· 
Act as a role model, showing the highest level of professional ethics and integrity, ensuring your decisions and actions are always in alignment with conduct expectations.​

· 
Support business ownership and engagement in proactively managing their conduct risk, assessing and mitigating issues and identifying emerging themes;​

· 
Recognize and proactively address conduct risks relevant to your own department;​

 

Maintain an environment where challenge and a diversity of viewpoints is encouraged and supported, all staff are treated equitably, and where issues are promptly escalated.

Profil et compétences requises

• Economic and mathematical background to understand risk issues and complex transactions.
• Regulatory and legal knowledge in respect of all the businesses of Natixis in Sweden and, to a lesser extent, in the Europe region
• Financial Crime regulatory knowledge in respect of all the businesses of Natixis in Sweden and, to a lesser extent, in the Europe region
• Detailed experience of the Swedeish financial services regulatory environment is essential, being able to demonstrate sound track record in compliance at the highest level.
• Ability and experience to work with Regulators at senior level
• Communicate effectively with all departments and business lines
• Ability to manage, propose and approve detailed analysis.
• Ability to explain and provide opinions on all topics in all committees and discussions
• Good knowledge of European financial markets and complex financial instruments.
• Ability to maintain and keep up to speed on new markets and products