Vice President Compliance Testing Lead

Permanent contract|New York|Compliance

Vice President Compliance Testing Lead

New York, United States Permanent contract Compliance

Responsibilities

  • 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 FCC Testing Head with development of the annual risk based CTL Testing Plan.
  • Maintain regular engagement and provide feedback to key business and Compliance stakeholders;
  • Working closely with, and communicating testing progress to, the FCC Testing Head

Profile required

  • In depth understanding of rules, regulations and best practices relating to BSA/AML/OFAC required
  • Prior experience in a testing role within Compliance Testing or Internal Audit, preferably in a BSA/AML/OFAC capacity
  • 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
  • Understand the business and applicability of regulations to identify key risk areas for the review and focus on the key areas for testing. 
  • 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.

Technical Skills & Knowledge:

  • BSA/AML/OFAC/Sanctions related certifications, such as CAMS, CFE required
  • Proficient in Microsoft Word, Excel, and PowerPoint
  • Excellent writing skills
  • Securities licenses a plus

Prior work experience:

  • 3-5 years of experience working in the field of BSA/AML/OFAC required
  • 7-12 years experience in the financial services firm
  • 5-7 Years of Compliance Testing or Audit experience 

Business insight

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

The primary objective of the CTL Testing team within Compliance is to evaluate policies, procedures and internal controls to assess whether they are reasonably designed and in the case of transaction testing, that controls are working as intended to ensure SGUS activities comply with applicable Laws, Rules and Regulations.

Compliance Testing includes a Financial Crimes Compliance (“FCC”) team that is responsible for BSA, AML and OFAC/sanctions testing.

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: 21000U9O
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: 2021/11/01
Publication date: 2021/10/05
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