Summary

Scope Ratings GmbH is looking for a motivated Deputy Head of Compliance to be based in Frankfurt, able to multi-task in a fast-paced environment.
The Deputy Head of Compliance will be responsible for all regulatory and compliance matters and directly reporting to the Head of Compliance of Scope Ratings GmbH and during its absence to the Executive Board, the Administrative Board of Scope Ratings GmbH and the Independent Non-Executive Directors. The main responsibility is to identify regulatory requirements and risks, establish policies and procedures in relation to CRA regulation and other regulatory guidance. The person will conduct trainings for the 1st Line of defense, and support and advice the LoD1 in maintaining high standards of compliance culture and behavior and support in the Head of Compliance in preparation of governance meetings internally and externally with the relevant regulatory bodies and National Competent Authorities (NCA’s).This positions offer a long term career path opportunities for high performing candidates.

Duties & responsibilities

• Substitutes during absences of Head of Compliance for operational processes / requests
• Identify, assess, manage and monitor key Compliance risks and regulatory requirements that could impact the independence and integrity of the credit rating process.
• Support an integrated compliance strategy and contribute to the implementation of an efficient internal control framework and processes.
• Forster and maintain good Compliance governance and coordinate with relevant stakeholders the development and update of Compliance policies and procedures.
• Support in managing the relationship with external authorities supervising credit rating agencies such as ESMA or other national regulators.
• Oversee the regulatory periodic and/or ad hoc reporting to supervisory authorities.
• Manage regulatory projects in close coordination with the Head of Compliance
• Oversee, coordinate, and handle day-to-day Compliance tasks such as periodic regulatory reporting, Compliance monitoring and investigations where appropriate.
• Develop and conduct compliance workshops and training for employees.
• Provide regular updates to senior management and keep them apprised of Compliance risks and their mitigation.
• Support in the management of the relationship with the independent non-executive directors of the administration board.
• Liaise with the analytical teams, the internal review function and credit policy function on relevant Compliance matters.
• Analyse external stakeholders and policy frameworks for external outsourcing

Professional & personal qualifications

• 5+ years of experience within a Compliance of regulated financial services firm, law firm or similar regulated company in the area of securities and financial markets.
• Master’s degree in law or corporate governance or an equivalent degree.
• Plus: Experience in cooperation with European or national supervisory authorities.
• Ability to interact and effectively advise senior members of the Firm and its business units.
• Experienced in managing regulatory topics and projects across borders.
• Ability to manage multiple tasks concurrently in an efficient and effective manner.
• Proven track record of meeting deadlines, learning quickly, taking the initiative, working proactively, being resourceful and shouldering additional responsibility in case needed.
• Strong problem-solving skills and ability to understand practical solutions to regulatory .
• Fluent oral and written English and another major European language (German and / or French preferred) is a plus