Risk & Control Testing Officer – Financial Crime

Permanent contract|New York|Compliance

Risk & Control Testing Officer – Financial Crime

New York, United States Permanent contract Compliance


Base Salary Range: $95,000-$200,000
Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.

The candidate will be responsible for working with colleagues to execute review coverage for financial crime and sanctions related activities. The candidate will also be responsible for assisting in the development of  the annual risk-based monitoring and testing plan. Specific responsibilities include:

  • Coverage of financial crime and sanctions related processes and an understanding of the U.S. regulatory requirements related to these activities.
  • Gathering information sufficient to understand the process, risks and controls to be tested;
  • Developing the testing program and testing scripts for reviews;
  • Documenting review work with enough detail that a third-party can reasonably understand the testing performed and the results of testing;
  • Identifying issues through testing, ensuring that appropriate action plans are being developed by the business to correct the deficiencies noted;
  • Developing final testing reports to document and formally communicate testing results to stakeholders; 
  • Validating that the business has completed the agreed upon action plans by the due date;
  • Assisting the Financial Crime Monitoring and Testing Head with development of the annual risk-based CTL Testing Plan.
  • Maintaining regular engagement and provide feedback to key business and Compliance stakeholders.

Profile required


  • Inquisitive with a strong attention to detail.
  • Ability to work independently.
  • Strong interpersonal and written/verbal communication skills.
  • Ability to communicate well across all levels of an organization.
  • Knowledge of Corporate & Investment Banking, Financial Crime and Sanctions related matters
  • Ability to relate applicable laws, rules and regulations to Business Activities and identify key risk areas for focused review.
  • Strong analytical, problem-solving and organizational skills (capable of handling multiple, simultaneous, and various ad-hoc requests).
  • Demonstrated history of taking initiative.
  • Ability to prioritize and work in a dynamic, deadline-focused environment.
  • Ability to work independently.

Technical Skills & Knowledge:

  • Proficient in Microsoft Word, Excel, and PowerPoint
  • Excellent writing skills

Prior work experience:

  • 5-9 years’ experience in the financial services firm.
  • 2-4 years' Compliance testing or Audit experience required.
  • General knowledge of applicable regulatory requirements and expectations related to investment banking and broker–dealer activities and the associated financial crime risks.

Qualifications (Experience, Education, Languages):

  • B.A./B.S. required

Why join us

The Risk & Control Monitoring and Testing (CTL) group at  Société Générale (“SGUS”) operates as part of the 2nd Line of Defense within a “Three Lines of Defense” model.  CTL is a key component of the SGUS risk management program and provides risk-based independent testing of controls related to the management of compliance and operational risks across business lines, support units (i.e., compliance, risk, information technology, operations, human resources, data office, etc.) and legal entities.

The Financial Crime team within CTL is responsible for executing monitoring and testing reviews covering areas related to Financial Crime and Sanctions related activities.  The focus of these activities is to ensure that controls designed to mitigate compliance risk inherent in the applicable laws, rules and regulations impacting SG’s Business activities are operating as intended and. Where deficiencies are identified, corrective actions plans are defined and developed to remediate them in a timely manner.

Business insight

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.

Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision: 
•     Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
•     Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents 
•     Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.

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.

Reference: 230001QF
Starting date: 2023/03/20
Publication date: 2023/01/20