V.I.E. Compliance Analyst

International Volunteer Program|Hong Kong|Compliance

V.I.E. Compliance Analyst

  • Hong Kong, Hong Kong
  • International Volunteer Program
  • Compliance

Responsibilities

Société Générale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Société Générale seeks to build together with its clients, a better and sustainable future through responsible and innovative financial solutions. Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Société Générale has over 117,000 employees in 66 countries and supports 25 million individual clients, businesses, and institutional investors worldwide (figures as of August 2023). We have a presence in 11 locations across Asia Pacific. With our regional headquarters in Hong Kong – a core hub of the worldwide Société Générale Group – we employ around 2,300 employees in the region. In addition, Société Générale’s Global Solution Centre (SGGSC) in Bangalore and Chennai supports the Group in Asia Pacific and globally with customized business solutions.

The Compliance 2nd Level Controls (CPLE/CTL) Team's mandate is to operate, within the 3 Lines of Defense model, a 2nd Level Controls and Testing framework, from both a regulatory and financial crime perspective, based around a robust compliance risk assessment, which drives the prioritization of the control plan.

The objective of 2nd Level Controls and Testing is to assess and test independently the adequacy of the 1st and 2nd Lines of Defense (LOD1 & LOD2) compliance framework that Business Units (BU) and Support Units (SU) have put in place to mitigate the risks of non-compliance that SG Group is exposed to across its business activities and operations regionally.

The CTL team is positioned as a second line of defense in the bank’s internal control framework and has a specific mandate within Compliance, with the objective to measure, test, detect and report the risk of non-compliance. The responsibilities of the Asia regional team include:

1. Collect and analyze compliance risk indicators

2. Build a risk based yearly Control plan for APAC

3. Coordinate the annual Compliance Risk Assessment with Regional and Country Advisory Compliance for Asia

4. Execute Compliance reviews covering wholesale bank activities within Asia

5.  Ability to understand local regulatory requirements within Asia

6. Monitor the control assessment of the Permanent Supervision in Asia

7. Deliver recommendations and action plan to enhance the global control framework

·      Collate different sources of information to produce a monthly compliance risk analysis to share with CTL APAC team key compliance risks (based on internal incidents, policy updates, internal audit results, latest regulatory developments, and enforcements, etc.)

·         Assist in the construction of risk-based APAC annual control plan and ensure regular follow up of its progress

·         Support the run of CTL governance and reporting by compiling various dashboards, management information and indicators for different stakeholders

·         Work closely with fellow team members and Global CTL team to maintain and enhance the tools/ methodologies used by the CTL APAC team

·         Conduct periodic controls to check whether fellow team members adhere to the Global CTL methodology in delivering compliance reviews

·         May assist in conducting compliance testing and monitoring activities to detect non-compliance and control deficiencies

Due to the VIE eligibility criteria a questionnaire will be provided. Please make sure to answer all the questions for an efficient analysis of your application.

You may go through a process to check if any personal relationships could potentially cause a conflict-of-interest situation (e.g., being a PEP, or having relationships with PEP, client, vendor, or SG staff).

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.

 

Studies & experience:

·         Graduate with a Master’s degree from Business/Engineering School or University with a specialization in compliance, internal controls or similar

·         A previous experience in financial institution (preferably in Compliance, Risk, Internal Audit or Operations) would be appreciated

Language skills:

·         Fluent in English (B2-C1) - mandatory

Technical, operational & Soft skills:

·         Proficient/Good command of MS Office

·         Good communication and presentation skills

·         Knowledge in advanced Excel (e.g., VBA), PowerBI or equivalent is an advantage

·         Highly adaptable, motivated, well-organized, and able to multi-task

 

The VIE assignment in a nutshell

This VIE in Hong Kong 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 12 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 V.I.E. contract, various opportunities could be offered to you, in Hong Kong and abroad.

Business insight

At Société Générale, 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.

Reference: 240003LP
Entity: SG CIB
Starting date: 2024/07/01
Publication date: 2024/02/08
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