Head of Compliance for the Russian branch of a UniCredit Global Bank based in Moscow, and for the leasing company established in Russia. The candidate will be part of the CEE Compliance organization and will provide compliance coverage and support to all businesses conducted in conducted in Russia, working with lines of business (LOB) and Core Compliance teams based in Milan, and will focus on execution of the Compliance functions.
Job Duties:
The person will manage the Compliance function and the Compliance Team in the Moscow location and has responsibilities that include the following:
Develop (where required) and execute the Compliance strategy for Russia;
Keeping abreast of regulatory and legislative changes and providing advice to enable the businesses to operate in a compliant and controlled manner;
Ability to work closely with other control functions, developing strong & co-operative relationships;
Participation in and contribution to management and governance meetings;
Managing the regulatory agenda i.e. maintaining good relationships with regulators and effectively managing inspections and audits as well as pro-actively monitoring regulatory developments to ensure the business is compliant;
Developing and implementing Compliance policies and procedures by working closely with the Group CEE Compliance;
Provide MIS and compliance management reporting to business & compliance management;
Conducting ongoing compliance risk assessments, compliance monitoring and contributing to the compliance second level control plan;
Reviewing new business initiatives and assessing their regulatory implications and associated compliance risks;
Ensure complete, accurate and timeous management of regulatory notifications & reporting to the regulatory bodies and to exchanges;
Work closely with the Group CEE Compliance Team on all matters requiring co-ordination, escalation and reporting;
Act as the Bank’s Insider Controller implementing the requirements of the Russian Insider Dealing Laws and applying the requirements of the Russian Law on Banks and Banking activities;
Oversight of trade surveillance monitoring in order to identify potential regulatory/compliance breaches and/or infractions of internal Compliance policies in relation to market abuse;
Execute on the training plan and develop a strong Compliance culture;
Support the global Compliance Program initiatives;
Ensure consistency of the СEE compliance program in Russia businesses, through coordinating execution of compliance standards with the СEE compliance team where necessary.
Qualifications and knowledge:
Legal or Commercial qualification (university degree) — nostrofication — mutual recognition of foreign university degrees required) or other type of higher education in combination with academic qualification in risk management, internal control or audit;
Work experience will need to satisfy the requirements promulgated by the Russian regulation;
Meet Russian regulatory requirements for the Securities Market Controller:
FSFM qualification certificate – Broker-Dealer (1.0) & Custody (4.0);
Certificate of good standing – non voidance of qualification certificate within the last 3 years;
Higher education (University degree) (nostrofication — mutual recognition of foreign university degrees) as may be required);
Clean criminal record from the Russian Internal Affairs Ministry’s register of crimes related to financial crimes;
Sound knowledge of FSFM and Central Bank of Russia regulatory and compliance requirements and standards of internal controls including internal controls on securities markets that impact a global financial services firm;
Advanced knowledge of Broker-Dealer and Custody activities and related products;
Proficient with Microsoft Word, Excel, Outlook and PowerPoint;
English language skills: fluent verbal and advanced in the business correspondence;
Russian language skills: native (advantage), fluent as a minimum level including business correspondence;
Strong analytic skills to manage complex queries and work under tight timelines, excellent time management skills and attention to detail;
A pragmatic problem solver with strong written and oral communication skills, proficiency in Russian and English languages, experience in the development and implementation of system enhancements would be an advantage.
