Junior Compliance Officer Intern -M/W

Based on a diversified universal banking model, the Société Générale operates in Italy through different companies belonging to its three main core businesses: Retail Banking in France, International retail banking, financial services and insurance and Corporate and investment banking, private banking, asset management and securities services.

As a key pillar of the Société Générale Group’s universal banking model, SG CIB supports the economy by playing a key intermediary role, offering broad market access to issuers and smart investment solutions to investors. The service we bring to our corporate and financial institutions clients revolves around three main activities - investment banking, financing and markets - and our global franchises of equity derivatives and natural resources. For our clients we stand out because we are a trusted advisor with a worldwide leading engineering expertise and a quality product suite. In 1967 the Société Générale founded the first location in Milan.

Mission: 

      In a context of Corporate and Investment Banking activities, under the supervision of the Senior Officers in charge, your duties will include reviewing the relevant documentation and data to ensure compliance with financial crime regulation and standards, in particular on KYC. The ultimate goal is preventing money laundering as well as the danger of terrorist financing during the KYC processes / steps. You will work in a team dedicated to financial security topics, fighting against corruption included, as well you will participate to data analysis and preparation of assessment and data to be sent to Regulators.

        This is an internship lasting 6 months with the possibility of extension for an equivalent duration.

         Desired start date : as soon as possible

Tasks and responsibilities:

• Investigate and assess the risks posed by potential new clients or review of existing ones such (e.g. via review of the KYC files escalated to the attention of the Compliance department)
• Analyse clients’ requests on transactions/activities (in case dedicated approvals are required, also in the light of the Bankit “AML red flags” (indicatori di anomalia) and in the light of SAR identification duties)
• Regularly examine data and solutions to verify KYC regulation is met
• Ensure keeping orderly audit trail of the activities and escalating violations
• Review or develop KYC policies and/or procedures

Studies & experience:

• Bachelor’s degree in law, finance, business management or a related field

Language skills:

• Proficiency in written and verbal communication skills in both English and Italian
• French is an asset

Technical, operational & Soft skills:

• Knowledge of UE and ITA KYC/AML regulatory requirements and regulation besides the international standards (e.g. EBA)
• Excellent Microsoft Excel skills 
• High ethical standard combined with pragmatical skills
• Excellent  oral and written communication skills
• Inclination to read  important volumes of documentation with curiosity and high attention to details
• Confident in control activities
• Ability to deal  with administrative tasks, with precision and diligence
• Flexibility and capacity to match tight deadlines and to work under huge pressure
• Team spirit

Société Générale Italy is a multi-category bank offering every employee the possibility to have several careers in a professional career path. Internal mobility and training are two core areas we focus on, in a dynamic, prosperous and evolving context.

           As soon as you arrive, you will be integrated into our teams and will learn every day alongside our experts, who will support you in your tasks. Gradually, you will become more independent in your projects, making this experience a real career accelerator. You will also discover all the diversity of our businesses, in a sector that is constantly evolving and innovating.

          At the end of your studies, various opportunities could be offered to you, in Italy and abroad.

At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.

Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.

If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating?You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.