Global Markets Financial Crime Officer - City, London, United Kingdom, EC1A2
The Financial Crime Unit ('FCU') is part of the wider Compliance function. It is responsible for providing advice and guidance to business management for the Société Générale investment banking business in London- (Société Générale London Branch ("SGLB"), Société Générale International Limited ("SGIL"), Lyxor Asset Management UK LLP and Descartes Trading SA - collectively "SG London") on the financial crimes risks faced by their business and providing an oversight function on the effectiveness of mitigation controls and processes.
The key purposes of the role are to:
o Assist with the implementation and management of the anti-financial crime strategy within the UK covering anti-money laundering, terrorist financing, bribery and corruption and economic sanctions;
o Work with the Head of the Financial Crime Unit and other members of the team to maintain and further enhance SG London's financial crime compliance programme in line with SG Group Instructions relating to financial crime matters and UK legal and regulatory standards;
o Act as the lead Financial Crime Officer for the Global Markets business line ("MARK") covering both SGLB and SGIL activities. Ensure that the Financial Crime agenda and control framework is a priority within MARK governance framework and with MARK senior management.
o To act as line manager to the staff within the FCU unit dedicated to MARK, managing their day to day workload. Ensure that this is undertaken in a manner that is risk focussed and with appropriate prioritisation.
Summary of responsabilities
o Act as the team lead for MARK for financial crime queries, ensuring the FCU provide advice on a timely basis. Provide financial crime and regulatory advisory services to MARK and the relevant support/operational functions, ensuring that the advice provided is suited to the needs of the business line;
o Act as a SME for MARK products and services. Provide support, advice and guidance to the compliance function.
o Assist in the implementation of a financial crime governance structure with MARK management, including attending periodic committee or forum meetings. Engage with senior management across MARK covering financial crime risk;
o Contribute to the development of the broader Compliance strategy and Financial Crime Plan. Liaise with SG Group Compliance in Paris in respect of that strategy;
o Advise MARK senior management on the planning, review and design of financial crime controls and monitoring;
o Working with the FCU monitoring team, CMS and the front office to ensure MARK suspicious activity is sufficiently monitored;
o Proactive and timely escalation of issues to the Deputy Head of FCU, ensuring regular and frequent communication on such issues;
o Ensuring that AML and KYC policies comply with UK requirements within SG London. In addition, to liaise with the SG Group Compliance function in Paris in respect of these policies;
o Providing advice, direction and training to the KYC function and approving higher risk clients referred by the KYC team to the FCU;