Senior Compliance Associate

 Montreal - Canada, Canada       Permanent contract        Consulting / Strategy

Responsibilities

Main tasks include:

  • Monitor transaction activities of clients for AML purposes
  • Perform compliance reviews on client account documentation and other processes
  • Assemble/prepare monthly AML and Sanctions (Financial Crime) metrics reports by sourcing data from key business partners. Identify and implement opportunities to streamline metrics reporting. Assist other reporting needs
  • Assist in the due diligence review of new and existing clients for AML purposes
  • Contribute to the preparation of compliance routine reports
  • Perform and/or review key control testing where appropriate
  • Assist in process improvement and policy and procedure documentation
  • Assist in the preparation of answers to regulatory/audit requests, in the context of on-site examinations, investigations, enquiries, etc.
  • Act as a back-up in the regulatory registration process
  • Other compliance functions/tasks as needed

In addition:

  • Provide assistance in relation to the on-going implementation of Compliance, Exchange and AML relevant rules
  • Keep up-to-date with exchange rules and relevant regulations relating to the business of the Firm, and share information with colleagues to ensure that the Department maintains up-to-date knowledge in order to perform its functions
  • Preparation of advice and information to staff on rules and regulations, taking guidance from the CCO
  • Assisting in development and delivery of training to all staff on various compliance topics
  • Assist to develop and maintain Compliance and AML Manual, departmental policies and procedures, which are consistent with SG Global and America policies
  • Contribute to new product/new market initiatives in relation to Compliance with rules/regulations
  • Assist in the implementation of monitoring tools that are required to be produced for regulators and exchanges
  • Assist in the conduct of internal investigations on potential breach of rules/regulations and company policies
  • Assist the Compliance Team on matters related to the other Société Générale entities in Canada

Individual will be responsible to perform the periodical tasks (daily, weekly, monthly, quarterly and annual) of the Compliance monitoring program.



Profile Required

Skills:

  • Pro-active and autonomous
  • Ability to interact with staff of all departments and at all levels
  • Able to deal with the day to day administrative requirements in the team, as well as ad hoc issues
  • Ability to work under own initiative and experience when targets and tasks are set
  • Strong ability to analyse issues and problems
  • Good written and verbal communication skills
  • Fluent in English, both written and verbal.  French language is not required but is an asset.

Experience:

  • 5+ years Compliance experience.
  • 7+ years Financial Industry experience.
  • Knowledge of Canadian laws and regulations on Anti-Money Laundering and Terrorist Financing, Sanctions and Embargoes
  • Knowledge of listed and OTC derivatives and securities products is a plus.
  • Familiarity with Canadian industry rules and regulations and their application to the business.
  • Experience in implementing monitoring programs and performing the various monitoring tasks, including desk reviews.

Bachelor’s degree of Finance, Accounting, Economy or Law is preferred.

 

No specific registration or certification required. However, various CSI courses (or equivalent) on securities and derivatives are recommended. They are:

  • Canadian Securities Course
  • Conduct and Practices Handbook Course
  • Trader Training Course
  • Derivatives Fundamentals Courses

Depending on the experience of the candidate, some of these CSI courses may be required to be completed during the first twelve months of the employment

 

ACAMS certification would be a plus.



Why Join Us

Société Générale is a global financial institution and one of the largest foreign corporate and investment banks. As such, it has a diverse population which fosters opportunity to collaborate with colleagues in different countries as well as access to international mobility. The firm recently unveiled its new brand platform “The Future is You” which not only demonstrates its commitment and responsibility to its clients, but also to its employees as their ideas and actions can make an impact on the direction of the organization.


Business Insight

 

The Société Générale Americas Compliance Department monitors the corporate banking, investment banking and broker–dealer activities and reports on the compliance risks and issues to Société Générale Americas and Group Compliance Senior Management. The Société Générale Americas Compliance Department also works closely with the Global Compliance Department in Paris to ensure effective implementation of Global Compliance policies. The Société Générale Americas Compliance Department is also responsible for monitoring the handling of sensitive confidential business information through the Compliance Control Room. It administers the Employee Investment Policy, arranges for the registration of broker–dealer personnel, and conducts compliance training. Additionally, the Advisory Team provides guidance and advice on relevant rules and regulations. Finally, the Financial Crime department is responsible for ensuring compliance with anti-money laundering and sanctions regulations.

 

The Société Générale Americas Compliance Department is expanding its operations in Montreal to support the following divisions: Financial Crime Compliance, Digital Transformation Office, Testing, Monitoring & Risk Assessment and Capital Markets Surveillance. These individuals will assist the team with day-to-day responsibilities on projects and deliverables for the Americas (U.S., Canada and Brazil) region.

 

The Compliance Monitoring and Testing team provides regular and independent testing and monitoring of key controls and processes related to the management of compliance risk associated with the business activities of Société Générale in the Americas.


All our positions are open to people with disabilities


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, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Job code: 19000RK8
Business unit: SG CIB
Starting date: 27/01/2020
Date of publication: 15/11/2019
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Senior Compliance Associate

Permanent contract   |   Montreal - Canada   |   Consulting / Strategy