- Providing advice and policy development
- Facilitating knowledge and awareness
- Undertaking monitoring and surveillance activities
- Performing risk assessment, review and control activities
- Managing the relations with regulators
Summary of the Key Purposes of the Role
The Head of SEGL/CFT/GBS/COO/RAP – Risk Awareness Programmes is leading a team of 7 based in London and is reporting to the Head of SEGL/CFT/GBS/COO based in Paris.
The main responsibilities of the team are to:
- Provide relevant regulatory development analysis to CFT/GBS and GBIS stakeholders, and coordinate the subsequent changes when required;
- Ensure the coordination of the review/creation of CFT/GBS policies and procedures; and
- Ensure the coordination of the relevant Compliance training to be rolled out to GBIS staff.
The team functional remit is GBIS excl. PRIV.
The team geographical remit is global. The team is based in London and coordinates very frequently with equivalent teams in the regions (AMER, ASIA, EMEA excl. FR-UK).
This role is within the remit of the broader team, with the specific focus areas as set out below under ‘responsibilities’.
- Compliance Policies
The main tasks consist of:
- Producing an annual CFT/GBS Policy Roadmap, listing the need for the review or creation of policies in collaboration with CFT Group and CFT/GBS experts and advisors;
- Coordinating the delivery of the CFT/GBS Policy Roadmap in collaboration with CFT Group and CFT/GBS experts and advisors;
- Communicating to management and stakeholders about the delivery of the CFT/GBS Policy Roadmap;
- Ensuring that staff are made aware of the created/reviewed policy;
- Maintaining a global repository of Policies applying to GBIS (excl. PRIV) staff; and
- Strengthening the governance and methodology for the creation/review of policies to ensure that the Policy library remain exhaustive, consistent and simple.
- Regulatory Changes & Impact Analysis
The main tasks consist of:
- Monitoring the publication of regulatory changes and news, relevant to GBIS excluding PRIV, through various sources, and from the collaboration with the Legal department (SEGL/JUR);
- Coordinating with Regional Central Compliance teams to identify and communicate on the regulatory changes and news likely to have a cross-border impact or to occur in other countries;
- Analysing the impacts of those changes on the operational processes, normative documentation, control framework and training requirements in close collaboration with the Compliance and GBIS Experts;
- Communicating across the compliance department and to Business Lines, Resource & Control Functions staff in order to raise awareness on relevant compliance matters;
- Ensuring coordination of change effort, when needed, and chase up responsible parties for progress update on their action(s) until completion.
- Ability to work in full autonomy while keeping aware of need for escalation to management. Weekly meetings with the job holder manager are organised.
- As part of the delivery of the CFT/GBS Policy Roadmap, a weekly meeting with team members is organised to follow progress and escalate issues. Regular meetings with other stakeholders of the CFT/GBS Policy Roadmap (i.e. Group Compliance, Policy Owners, Regional Central Compliance teams) are also planned.
- The job holder is responsible for ensuring that key regulatory developments are communicated to CFT GBS and other key stakeholders for action, when required.
Level of Autonomy and Authority
- The role involves autonomy on a day-to-day basis and requires active liaison with management as appropriate.
- The job holder makes decisions to daily tasks and to ensure support good progress on the deliverables of the team.
- The job holder must refer to his management for decisions relating to more strategic and organisational matters.
Competencies and Work Experience
- Experience in Investment Bank
- Sound knowledge & appreciation of regulatory requirements in the financial industry
- Demonstration of legal research and writing skills needed for drafting Compliance policies
- Experience of coordinating input from various contributors to a common project
- Experience of interacting in an international environment
- Excellent communication skills (both oral and written)
- Self-motivated with strong work ethic & desire to deliver to high standards
- Team player
- Project management capability; planning work, meeting deadlines, multi-tasking, excellent organizational skills
- Fluent English
- French an advantage
If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Societe Generale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender reassignment.