TheRole: Sustainable Finance / New Products Covering Compliance Officer
The Location: New York, Denver or Dallas
Grade ( relevant for internal applicants only ): 13
The Team: Working with Covering Compliance Officers globally, the ESG Compliance Officer will oversee S&P Global Ratings ESG activities from a Compliance perspective and represent the Covering Compliance function in all ESG initiatives for S&P Global Ratings. The role is charged with assisting the business navigating through technical Compliance issues and assisting the global Compliance Department in the design and implementation of the strategic global Compliance Plan for Sustainable Finance/ESG ('ESG').
The Impact: The successful candidate will have a leadership role in updating Compliance management of ESG initiatives, including those considered in Credit Rating and Ancillary and Other Products. The candidate will also represent S&P Global Ratings in cross divisional ESG initiatives. The position will be a critical input into the risk assessment process and Compliance initiatives regarding ESG. The position requires frequent interaction with senior stakeholders in S&P Global Ratings (including Legal, SusFin, Innovation, Strategic Initiatives, Commercial, Research) and in Sustainable1, as well as interactions with external stakeholders as needed (e.g. Regulators, Outside Counsel).
Compensation/Benefits Information (US Applicants Only): S&P Global states that the anticipated base salary range for this position is $122,200 to $279,200. Base salary ranges may vary by geographic location.
In addition to base compensation, this role is eligible for an annual incentive plan.
This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, visit https://www.spgbenefitessentials.com/newhires .
Oversee S&P Global Ratings ESG Compliance matters
Ensure that Compliance management and colleagues are aware of ESG initiatives and emerging potential risks
Assist the Designated Compliance Officer in carrying out statutory duties relating to ESG Compliance
Provide advice on compliance and regulatory matters related to ESG, support the practice / regional Compliance colleagues in ESG related regulatory interactions, review new business and operational initiatives, and, participate in relevant committees/forums
Support the establishment and/or enhancement of policies and procedures as well as their implementation whilst ensuring that changes are 'right-sized' and 'fit for purpose'
Oversee complex practices and service as a role model to others in the Covering Compliance function
Manage complex Compliance investigations and reviews
Work with other Compliance Officers in analyzing data to make observations and recommendations for improvement in the Compliance program
In conjunction with colleagues in other jurisdictions, assess areas of compliance vulnerability and risk /make recommendations to senior management
Assist in the development of compliance training and ongoing communications that promote heightened awareness of codes of conduct, policies and procedures, and the understanding of compliance issues
Coordinate with colleagues globally to ensure consistency in carrying out compliance responsibilities
Consult with Legal & Regulatory Affairs Department, as needed, to resolve complex regulatory and compliance issues
Serve as primary Compliance stakeholder in the development & enhancement of new or updated ESG related products & services
The role may also encompass providing Compliance assistance or coverage of other practice areas within the Covering Compliance team, including helping with investigations and other ad hoc matters as required
What We're Looking For:
10 plus years of experience in a compliance and control function or other relevant experience working with analysts and salespeople in a highly regulated industry
Bachelor's degree required; JD/MBA preferred
Experience working with regulators and assisting with responses to regulatory inquiries
Knowledge of credit ratings and credit markets
Excellent interpersonal and team skills
Excellent communication (oral and written) and presentation skills
Ability to drive consensus across business groups
Navigate challenging situations at all levels of the business in a resilient, confident, and practical manner.
Well-organized with the ability to drive large scale projects and initiatives
Ability to maintain a global perspective and work with colleagues across various jurisdictions
Ability to exercise sound judgement under pressure
Competing demands on time from a diverse set of internal client groups require a high degree of flexibility and excellent time-management skills
Must be able to develop credibility with business and compliance stakeholders, and work well under pressure
Comfortable working in an environment of regulatory change
S&P Global Ratings
S&P Global Ratings is the world's leading provider of independent credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. We have more than 1 million credit ratings outstanding on government, corporate, financial sector and structured finance entities and securities. We offer an independent view of the market built on a unique combination of broad perspective and local insight. We provide our opinions and research about relative credit risk; market participants gain independent information to help support the growth of transparent, liquid debt markets worldwide.
S&P Global Ratings is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.spglobal.com/ratings.
S&P Global has a Securities Disclosure and Trading Policy ("the Policy") that seeks to mitigate conflicts of interest by monitoring and placing restrictions on personal securities holding and trading. The Policy is designed to promote compliance with global regulations. In some Divisions, pursuant to the Policy's requirements, candidates at S&P Global may be asked to disclose securities holdings. Some roles may include a trading prohibition and remediation of positions when there is an effective or potential conflict of interest. Employment at S&P Global is contingent upon compliance with the Policy.
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.
202 - Middle Professional (EEO Job Group) (inactive), 20 - Professional (EEO-2 Job Categories-United States of America), RSKMGT202.2 - Middle Professional Tier II (EEO Job Group)
Job ID: 264596 Posted On: 2021-09-13 Location: New York, New York, United States