Responsibilities
SG Group is now organised in Business units and Service Units.
Société Générale Securities Services (SGSS) is a Business Unit. Established in 27 locations worldwide with 4,000 employees, SGSS provides a full range of securities services that are adapted to the latest financial markets and regulatory trends: clearing services, custody and trustee services, retail custody services, liquidity management, fund administration and asset servicing, fund distribution and global issuer services.
As an independent Service Unit, the Compliance department is responsible for the oversight of 2 entities in Dublin: SGSS Ireland and SG Dublin Branch. The VIE will liaise with management of these entities as well as co-ordination with central Compliance teams in Paris.
Reporting to the Head of Compliance, the Compliance Administrator is mainly responsible for Compliance matters on Anti-Money Laundering (AML), Sanctions & Embargoes, Suspicious Transactions, and for some Know your customer (KYC) duties. They will gain an understanding of the day-to-day requirements within the Compliance area and have the opportunity to liaise with business teams and central departments. As the candidate progress, they will have the opportunity to become involved in more tasks and further develop their knowledge and experience.
Main responsibilities include :
- Level 2 analysis of Transactions, AML & Sanctions/Embargoes issues, using information provided by various tools and departments
- Requests For Information formalisation to the business teams and follow-up
- Analysis Memos’ formalisation
- Quality Check and Validation of some KYC files (on investors) – mainly risky & complex files
- Reporting formalisation to local MLRO, in order to inform local management, Business Compliance Officer and Financial Crime department in France
- Coordination with Level1 team in India, and with Financial Crime department in France
- Preparation of Suspicious Activity Reports
- Analysis of the existing and new local laws and regulations (e.g. Criminal Justice Act, Sanctions & Embargoes…) with support of team members or Group experts, and formalise the analysis to advise line management of relevant implications.
- Reviews of Compliance Procedures
- Participation in the Compliance Risk Assessment (COMPASS) in coordination with the team. The objective is to identify the business compliance risk exposure (on financial crime and non-financial crime topics) and manage its vulnerabilities at local level
- Participation in Monthly Compliance controls (GPS & RCI) for SGSS entities in Ireland (second line of defence) in coordination with the team
- Participation in Compliance reporting to local Senior Management and central departments
- Participation in the Compliance Quality Assurance Testing program
- Staff trainings on compliance subjects
- Advice and guidance to management and staff regarding AML/KYC Matter, internal procedures and the interpretation of and adherence to relevant legislation and regulation
- Ad-hoc Projects/Requests
Profile required
PLEASE NOTE that since this program is primarily an international development program, candidates cannot apply to a VIE assignment in their own country of citizenship.
To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.
- Financial / Compliance Background and, ideally, some experience in Compliance risks such as AML and KYC
- Fluent in English, knowledge of French language is an advantage
- Attention to detail - a critical requirement
- Self-starter and ability to work independently, as well as in a team
- Good communication skills, both written and oral
- Ability to manage multiple projects simultaneously under time pressure and with extreme accuracy
- Proficiency in Microsoft office applications
- Good administrative & organisational skills
- Good initiative required, but also ability to recognise when escalation of issues needs to be taken
The ideal candidate will have to be highly independent on making an analysis on the NAV controls and to work with fund accounting supervisors closely on decision makings.
The VIE assignment in a nutshell
This VIE in Dublin is to begin as soon as possible but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 18 months.
In case a visa is necessary, please make sure your passport is valid up to 6 months after the end of the VIE contract to not delay your departure.
The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information (including your financial indemnities), please see Mon VIE-VIA Business France.
We would like to draw your attention to the fact there that your VIE mission could potentially get postponed, depending on the evolution of the health crisis and subjects to the decision made by the Crisis and Support Centre of the Ministry of Europe and Foreign Affairs (MEAE). In addition, the selected candidate will only be paid upon confirmation from Business France and arrival in the country of assignment.
Why join us
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 VIE, various opportunities could be offered to you, in France and abroad.
Business insight
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.
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.