Financial Services Compliance Leader

GE Vernova • Stamford, CT

3d

About The Position

GE Vernova’s Ethics & Compliance Team is seeking an experienced regulatory compliance professional that will partner with GE Vernova’s Financial Services (“FS”) business to manage FS’ compliance program. The Financial Services Compliance Leader ("FS Compliance Leader") will develop, implement and maintain controls designed to prevent, detect and respond to compliance risk connected to FS’ project development activities. This role will also be responsible for strategically and operationally executing compliance obligations arising from FS’ regulated entities in the US, UK and globally. The FS Compliance Leader will help enable and facilitate GE Vernova’s ethics and integrity culture and will work closely with commercial resources and adjacent control functions such as Finance, Legal and Internal Audit. The role will be based in Stamford, CT or New York, NY, and will report to the Corporate Compliance Leader in New York, NY.

Requirements

• Bachelor’s degree from an accredited university; advance degree preferred.
• 10+ years’ experience mainly focused on Compliance-related roles. Combined Compliance, Legal and/or Audit experience will also be considered.
• Proven support for complex transactions and demonstrated ability translating diligence into compelling recommendations that drive action and decision-making.
• Experience with strategy, design, implementation and maintenance of preventive and detective controls underpinning an effective global compliance program.
• Experience with Financial Crime Compliance laws, regulations, controls and program requirements across Compliance Risk areas like Anti-Money Laundering and Counter-Terrorism Financing, Economic Sanctions and Trade Controls, and anti-corruption frameworks such as the US Foreign Corrupt Practices Act and UK Bribery Act.
• Experience with asset management, fund management, brokerage activities for securities transactions and/or capital raising.

Nice To Haves

• Holds U.S. securities industry licenses, such as SIE, Series 7 and Series 24.
• Experience advising senior management, crafting creative solutions and evaluating multiple business objectives against compliance principles and best practices.
• Energy sector, infrastructure and/or development investment experience.
• Experience with U.S. and/or global regulatory regimes related to financial services firms, such as broker-dealers and financial advisers, investment advisers and private equity.
• Experience with and understanding of compliance obligations for broker-dealers which are FINRA-member firms.
• Experience with and understanding of compliance obligations for investment advisers registered with the Securities & Exchange Commission (SEC).
• Demonstrated understanding of the UK Financial Conduct Authority (FCA) Handbook, underlying compliance principles, regulator expectations and regulatory frameworks.
• Experience with Markets in Financial Instruments Directive (MiFID-II) and Capital Requirements Directive IV (CRD-IV) frameworks and regulatory requirements.
• Demonstrated understanding of debt financing products, investment and equity products, financial advisory services and their impact on and relevancy to compliance operations.
• Resourceful, with demonstrated skill in managing multiple concurrent priorities and deadlines.
• Strong analytical, written and oral communication and problem-solving skills.
• Master’s or Law degree.

Responsibilities

• Development Compliance Risk Management: Partner with FS’ commercial resources and subject matter experts in the delivery of robust compliance program for commercial energy finance transactions, particularly those involving financing of early to late-stage energy project development.
• Due Diligence: Assess customers, joint venture partners and third parties, including those conducting business in high-risk jurisdictions, to identify potential integrity and ethical concerns, and reputational harms.
• Enhanced Due Diligence: Execute enhanced due diligence, monitoring and oversight to ensure adherence to Anti-Bribery-Anti-Corruption, Economic Sanctions and Anti-Money Laundering/Know-Your-Customer laws, regulations, Company standards and leading practices.
• Executive Communication & Buy-In: Provide clear, actionable recommendations aligned to the strategic risk profile of the Company to the EDGE Chief Compliance Officer and commercial resources.
• Risk Assessment: Demonstrate strategic leadership assessing the materiality and relevancy of identified integrity and compliance risks, and, in partnership with commercial resources, develop written procedures and risk-based controls designed to help prevent, detect and respond to, development-related compliance risk.
• Regulatory Compliance Adherence: Execute an effective risk-based compliance program across FS’ global regulated business activities, products and services
• Registered Investment Adviser Obligations: Assess compliance obligations and execute controls aligned to various advisory and capital markets products and services, including third-party fundraising and management.
• Broker-Dealer Compliance: Coordinate and execute compliance obligations for regulated securities transactions arranged through a registered Broker-Dealer and Financial Industry Regulatory Authority (FINRA) member firm, including private placements and brokerage activities.
• Strategic Advice & Execution: Partner with commercial resources to analyze regulatory obligations and licensing requirements potentially arising from new business activities. When warranted, operationalize and implement control enhancements to meet local obligations.
• Effective Governance and Compliance Insights: Partner with the broader compliance function to support various compliance initiatives aimed at advancing, maturing and modernizing the Company’s compliance program. Assist the EDGE Chief Compliance Officer in the development of KPIs, KRIs and reporting packages utilized to inform management of priorities, risks and corrective actions

Benefits

• Available benefits include medical, dental, vision, and prescription drug coverage; access to Health Coach from GE Vernova, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services.
• Retirement benefits include the GE Vernova Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and financial planning consultants.
• Other benefits include tuition assistance, adoption assistance, paid parental leave, disability benefits, life insurance, 12 paid holidays, and permissive time off.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level