Financial Crime Officer, Vp - Compliance - London, United Kingdom

Description of the Business Line or Department
The Compliance Service Unit (CPLE) is responsible for the definition and consistency of the compliance risk prevention and control system, and for coordinating the framework aimed at preventing, identifying, assessing, and controlling reputational risk.
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 monitors its implementation;
• Defining procedures and implementing a framework to ensure compliance with respect to compliance risks;
• Awareness-raising among Group employees regarding compliance risk and the strengthening of the compliance culture within the Group;
• Mapping and analysing Group compliance risk and general vigilance regarding issues likely to harm the Group's reputation or that of 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 Group's risk profile, and individually with respect to regulated employees, 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 monitoring of these relations, in particular the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the European Central bank (ECB); and
• Consolidating and monitoring significant compliance events in the entities.

Summary of the key purposes of the role
The Financial Crime Unit (FCU) provides business management within SG London Branch (SGLB), and SG International Ltd (SGIL) (collectively these legal entities will be referred to as SG London) with technical advice on the management of the firms' money laundering/terrorist financing, proliferation financing, anti-bribery and corruption (ABC); sanctions and embargoes (S&E); and Tax Evasion and Facilitation Offence (TEFO) risks. In addition, the Unit undertakes an oversight role to assist management in the assessment of the effectiveness of the policies, procedures and controls designed to mitigate these risks.
The key purposes of the role are:
• To assist with the implementation and management of the anti-Financial Crime strategy within the UK;
To work with the Financial Crime Risk and Control Manager and other members of the team to maintain and further enhance SG Wholesale Banking UK's Financial Crime compliance programme in line with the SG Code and normative documentation, as well as UK legal and regulatory standards;
Assist the Financial Crime Risk and Control Manager in managing Financial Crime related risk assessments and oversight of BU/SU controls.
Summary of responsibilities
To take responsibility for, or assist the Financial Crime Risk and Control Manager, in the following
o Ensuring that the inherent regulatory risks posed by business activity are determined, the mitigating factors assessed to determine the residual risk and the actions required to further mitigate, or reduce, the regulatory risk. As such, delivery of periodic risk assessment exercises including the Group Compliance Risk Assessment (COMPASS), operational and outsourcing assessments;
o Management of the departments control blueprint and permanent supervision GPS controls, including the periodic review of the controls in place to determine their suitability, necessary enhancements, or any additional controls that are required whenever there is instruction to do so from the Group;
o Oversight of the Financial Crime permanent supervisory controls performed within BU/SUs and providing advice on the management of those controls;
o Maintain appropriate management information to assist in the oversight of the Financial Crime control framework and the completion of the Money Laundering Reporting Officer's annual report to senior management on the operation and effectiveness of the SG Wholesale Banking UK Financial Crime systems and controls;
o Ensure that the SG London Financial Crime policy complies with UK regulatory requirements. In addition, to liaise with the SG Group Compliance function in Paris in respect of this policy and standards to be implemented;
o Support the definition and maintenance of SG Wholesale Banking UK Financial Crime and Know Your Customer (KYC) policies and standards;
o Be proactive in improving processes and controls in relation to the SG Wholesale Banking UK Financial Crime framework;
o Co-ordinate and assist in the successful completion of local and group transformation where it relates to Financial Crime;
o Advising Local and Group management on complex Financial Crime issues;
o Maintain and manage issues that contribute to the SG Wholesale Banking UK Financial Crime plan;
o Engage with the BU/SUs on risk issues to successfully engender an ownership approach by LoD1 functions of issues identified in risk assessments.
o Actively promote the business principles both within, and externally to, the Compliance Department;
o Attendance at forums of, and participation in, initiatives driven forward by, trade associations and other industry bodies, ensuring that SG's views on regulatory developments which could impact on its business in the UK are provided as part of any consultation initiatives and that relevant benchmarking is undertaken and played back within Société Générale as appropriate;
o Maintain detailed working knowledge of the FCA rules and regulations, and UK Financial Crime related legislation, and a broad awareness of AMF, ACPR and other regulatory and exchange rules and regulations as required;
Profile required
Competencies
Individual contributor competencies as defined in the SG Leadership Model
Minimum 3 years Financial Crime Experience
In-depth working knowledge of UK Financial Crime related legislation and guidance
Experience in Wholesale/Corporate Banking
Has led or had in depth involvement in Financial Crime Risk Assessments and the associated processes, i.e., reporting and action management
Data Management and Analytical Skills
Communication - written and verbal to all levels of the organisation
Influencing - experienced in working at a mid to senior level
Team Spirit an