This is a VP role where the incumbent will have to independently manage the responsibilities set out in this job description. The Manager shall escalate any high risk/issue or work resistance in the execution of the review without delay to the Compliance Risk Review Manager (Team Lead) and/or Regional head of CTL.
The successful candidate needs to be able to make and stand by difficult decisions with a strong desire for results and solution orientated. A high level of integrity with good ethical core values.
Summary of the key purposes of the role:
Summary of responsibilities:
Contribute to build and deliver on the annual Compliance control plan
Perform testing and deliver report with practical recommendations
Team work
Engagement with business line and Compliance stakeholders
Other responsibilities
Technical knowledge
Work Experience
Education
Languages
General Competencies
Company Description
Societe Generale is one of the leading European financial services groups. Founded in 1864, we have been playing a vital role in the economy for over 150 years. With more than 133,000 employees based in 61 countries worldwide, we accompany 32 million clients throughout the world on a daily basis. Based on a diversified universal banking model, the Group combines financial strength with a strategy of sustainable growth.
Our expertise in the Asia Pacific region ranges from Corporate & Investment Banking (Advisory, Financing and Global Markets) to Asset Management, Securities Services, Trade Finance and Cash Management Services. Leveraging on our formidable global footprint, we serve corporates, financial institutions and the public sector. With our regional headquarters in Hong Kong, we operate in 11 countries across Asia Pacific, employing over 6,600 employees. You can find us in Beijing, Seoul, Tokyo, Singapore, Mumbai, Sydney and other locations in the region.
Department Description
CPLE/CTL’s mandate is to operate, within the 3 Lines of Defense model, a 2nd Level Controls and Testing framework, from both a regulatory and financial crime perspective, based around a robust compliance risk assessment, which drives the prioritization of the control plan.
The objective of 2nd Level Controls and Testing is to assess and test independently the adequacy of the 1st and 2nd Lines of Defense (LOD1 & LOD2) compliance framework that Business Units (BU) and Support Units (SU) have put in place to mitigate the risks of non-compliance that SG Group is exposed to across its business activities and operations regionally.
The CTL team is positioned as a second line of defence in the bank’s internal control framework and has a specific mandate within Compliance, with the objective to measure, test, detect and report the risk of non-compliance. The responsibilities of the Asia regional team include:
1. Collect and analyse compliance risk indicators;
2. Build a risk based yearly Control plan for APAC;
3. Coordinate the annual Compliance Risk Assessment with Regional and Country Advisory Compliance for Asia;
4. Execute Compliance reviews covering wholesales bank activities within Asia;
5. Monitor the control assessment of the Permanent Supervision in Asia; and
6. Deliver recommendations and action plan to enhance the global control framework.
We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.