Financial Crime Trainee - ABC & TEFO

Job Description

In conjunction with the Business Units and other Service Units (BU/SUs), CPLE performs the following tasks with respect to compliance risk:

• Defining and implementing the overall normative framework of the Compliance service and monitoring its implementation;
• Defining procedures and implementing a framework to ensure effective management of compliance risks;
• Awareness-raising among Group employees regarding compliance risk and strengthening of the compliance culture within the Group;
• Mapping and analysing Group compliance risk and general vigilance regarding issues likely to harm the Groups reputation or one of its activities;
• Performing the second-level control and supervision of the framework, including independently assessing compliance risk management within the entities/activities with a major impact on the Groups risk profile, and individually with respect to regulatedemployees, in compliance with the applicable regulations;
• Monitoring relations with supervisory and regulatory authorities, and representing the Societe Generale Group to these authorities, not including supervisory and regulatory authorities where the Legal function (SEGL/JUR) organises and coordinates the monitoringof these relations, in particular the Autorite de Controle Prudentiel et de Resolution (ACPR) and the European Central bank (ECB);
• Consolidating and monitoring significant compliance events in the entities.

Summary of the key purposes of the roleThe Financial Crime Unit ("FCU") provides business management within SG London Branch ("SGLB") and SG International Ltd ("SGIL") (collectively these entities will be referred to as "SG London") with technical advice on the management of the firms moneylaundering/terrorist financing, bribery and corruption ("ABC"); embargoes and sanctions ("E&S"); and Tax Evasion and Facilitation Offence ("TEFO") risk. In addition, the Unit undertakes an oversight role to assist management in the assessment of the effectivenessof the policies, procedures and controls designed to mitigate these risks.Key purpose of the role:

• To assist with the implementation and management of the anti-financial crime strategy within the UK covering anti-money laundering, terrorist financing, bribery and corruption, tax-evasion facilitation and economic sanctions;
• To work with the FCU team/ABC & TEFO Officer, to maintain and further enhance SG Londons financial crime compliance programme, with a focus on the anti-bribery and corruption (ABC) and tax-evasion facilitation (TEFO) control frameworks;
• To act as a primary point of contact for the Front Office/Service Units, in respect of all potential bribery and corruption issues and queries, including requests for gifts and entertainment approvals, as supported and overseen by the ABC Compliance Officerfor SG London;
• To act as a primary point of contact for the Front Office/Service Units, in respect of all potential tax-evasion facilitation issues and queries, as supported and overseen by the TEFO Compliance Officer for SG London.

Summary of responsibilities

• Assist the Head of the Financial Crime Unit/ABC & TEFO Officer, as required in respect of the oversight and management of the ABC and TEFO control frameworks;
• Understand and engage in ABC and TEFO policies and the underlying frameworks, designed to ensure compliance with UK regulatory requirements and industry guidance;
• Provide BAU support and assistance as required across all areas of FCU activity, with a particular focus on ABC and TEFO risk - which may involve management and completion of periodic review exercises, as well as engagement in ad hoc instances such as regulatoryrequests and reviews;
• Help provide/co-ordinate/collate the provision of Management Information on ABC and TEFO, on a monthly and quarterly basis, to a number of forums and committees;
• Assist with the management of all ABC and TEFO forums and related governance, including taking meeting minutes and liaising across BU and SU stakeholders as required;
• Support the ABC and TEFO risk assessment processes, both through the design of the underlying methodologies and supporting documentation, as well as through participation in relevant workshops and the collation and review of output generated across theentities under review;
• Maintain broad knowledge of ABC and TEFO legal updates, in order to ensure awareness across the FCU function;
• acquire knowledge of the FCA rules and regulations, and UK AML, ABC and embargo and sanctions related legislation, and a broad awareness of AMF, ACPR and other regulatory and exchange rules and regulations as required; and
• Attend forums, and participate in initiatives driven forward by trade associations and other industry bodies, ensuring that SGs views on regulatory developments which could impact on its business in the UK are provided as part of any consultation initiativesand that relevant benchmarking is undertaken and played back within Socit Gnrale as appropriate.

Competencies

• Operational Skills
• Regulatory Skills
• Communication Skills
• Flexibility- Adaptability
• Ability to make decisions
• Ability to Work Under Pressure
• Analytical Skills
• Initiative
• Leadership Qualities
• Teamwork