Chief Compliance Officer – Euronext N.V.

Overview of Euronext

Euronext’s purpose is to shape capital markets for future generations. As such, Euronext has a special position in the financial ecosystem. It serves the real economy by bringing together buyers and sellers in transparent, efficient and reliable trading venues. In this key role, Euronext has a responsibility to the whole finance community, not only to ensure financial stability, but to contribute decisively to a sustainable growth model in the countries in which it operates. A central element of Euronext work is engaging with its customers, European and local public authorities, and policymakers, to help shape the regulatory and policy issues that impact the financial sector and empower sustainable finance.

Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal.

With close to 1,900 listed issuers and around €6.5 trillion in market capitalization as of end December  2023, it has an unmatched blue chip franchise and a strong diverse domestic and international client base.

Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal.

Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.

Your role as Chief Compliance Officer

Reporting to the Euronext Head of Risk and Compliance, the future Chief Compliance Officer is responsible for ensuring the robust protection of the company and setting a strategic vision on the Compliance agenda for the years to come with a clear plan on any new regulations to come in relation with Euronext’s business, product and services. She/he will be leading, driving, attracting, retaining and nurturing high quality talent, while fostering a strong culture of diversity and inclusion.

The role will manage a team of 7 direct reports and a department of circa 35 people in total, splitted in Corporate Compliance, Member Compliance, Regulated Markets Compliance, Post Trade, CSDs and DPO.

The role involves establishing and maintaining a first-class compliance standard and culture within Euronext and will play a key role in ensuring Euronext business approach is in line with legal and regulatory requirements. The role is responsible for the development, ongoing maintenance and enforcement of the necessary policies and procedures and supporting activities within the overall compliance agenda including guiding the business on new initiatives.

Key accountabilities

Amongst other activities, the Chief Compliance Officer will be accountable to:

1/ Drive compliance roadmap with each scope

• Provide leadership and direction within the Compliance team to ensure the on-time delivery of the annual compliance plan and the continuous satisfaction of regulatory obligations.
• Develop, monitor with the rights KPIs and execute an annual compliance plan, in accordance with stated timeline targets, and in link with each of the direct report in charge of a specific scope : Markets, Post Trade, CSDs, Corporate.
• Serve as an independent and objective central point of compliance related issues and be the ultimate compliance escalation point
• Secure a clear and structured reporting to the Euronext Head of Risk and Compliance, Compliance committee, Managing Board, Supervisory Board and Risk Committee.
• Provide strategic regulatory guidance and advice on ongoing initiatives to maintain an efficient dialogue with relevant business owners and regulators where needed.
• Contribute to the compliance maturity growth of the compliance network.

2/ Develop a compliance culture

• Provide information on emerging trends and successful practices on compliance regulations and framework
• Impulse the needed level of transformation to maintain Euronext strong culture of compliance
• Manage and/or contribute to compliance related projects and oversee global initiated projects.
• Raise compliance awareness in the group, maintain relationships with team leads and local compliance representatives
• Support compliance tooling decisions
• Maintain and improve where needed a culture of operational excellence within compliance
• Inform and advise internally on several Compliance related topics, advise key stakeholders about Euronext Rules.
• Ensure good professional relationship with different regulators and college of regulators

3/ Lead and inspire high performing teams

• Lead and manage diverse and multicultural teams of c. 35 employees across 10 countries, driving strong engagement and performance
• Create an attractive culture and work environment, recruiting, retaining and developing a diverse, inclusive and engaged team
• Lead and manage all transversal activities

Profile

Candidates will need to come with the right set of values that will fit in the Euronext’s culture. Some important attributes include strategic vision, business development excellence, high energy, adaptability and the ability to influence and manage internal as well as external stakeholders. Additionally, the candidate should have a hands-on style and a flexible attitude, with the ability to handle a fast-paced business. She/ He should have an independent, dynamic personality with strong interpersonal and relationship skills.

Euronext looks for ambitious executives, who are engaged workers and can “think big”; people with an entrepreneurial mindset who are both “doers”, “thinkers” and “leaders”, and who feel comfortable in contributing and implementing the strategy of Euronext.

Key skills and experience – required:

• Experience in a financial services regulatory and compliance environment, such as in an investment bank, broker, exchange/MTF or trading firm or regulator. Experience in Big 4/Consulting in compliance is a plus.
• Knowledge of the regulatory framework, including detailed relevant knowledge of the MiFID and Market Abuse Directives, and ESMA guidelines specific to Regulated Markets (in particular the ESMA guidelines relating to trading controls in a high frequency environment), CSDR, EMIR, BMR, KYC, AML
• Knowledge of exchange traded financial products and markets, understanding of algorithmic trading strategies and market surveillance systems.
• Excellent collaboration and influencing skills, ability to manage relationships with both internal and external stakeholders and work effectively in a matrix organisation.
• Proven managerial capabilities, leadership skills and experience in functioning in a high demanding complex environment. She/ He has led major projects and/or has had ultimate responsibility for a substantial P&L/BU.
• Exposure to international markets (ideally France, The Netherlands, Italy, Belgium, Nordics)
• Proven experience with project requiring strong attention to detail and analytical skills
• Excellent written and oral communicative skills in English and Dutch or French.
• Energetic, team player and able to multi-task.

Risk & Compliance department overview

Within the Risk & Compliance department, a team of almost 50 talented professionals in Risk, BCM and Compliance, spread across our various geographies, is ensuring to preserve the value assets and reputation of the company. Identifying and assessing risks, implementing mitigation actions, informing and raising staff and business awareness, monitoring and ensuring compliance with the appropriate regulations are the core activities embedded in the team.

The R&C teams are, as all its key stakeholders including local Boards and Regulators, located in all Euronext entities (Paris, Porto, Milan, Oslo, New York, Dublin, Copenhagen).