Trainee - Financial Crime (Sanctions & Embargoes)

The Compliance Service Unit (CPLE) is responsible for the definition and consistency of the compliance risk prevention and control system, and for coordinating the framework aimed at preventing, identifying, assessing and controlling reputational risk. In conjunction with the Business Units and other Service Units, CPLE performs the following tasks with respect to compliance risk:

• defining and implementing the overall normative framework of the Compliance service and monitors its implementation;
• defining procedures and implementing a framework to ensure compliance with respect to compliance risks;
• awareness-raising among Group employees regarding compliance risk and the strengthening of the compliance culture within the Group;
• mapping and analysing Group compliance risk and general vigilance regarding issues likely to harm the Group's reputation or that of one of its activities;
• performing the second-level control and supervision of the framework, including independently assessing compliance risk management within the entities/activities with a major impact on the Group's risk profile, and individually with respect to regulated employees, in compliance with the applicable regulations;
• monitoring relations with supervisory and regulatory authorities, and representing the Societe Generale Group to these authorities, not including supervisory and regulatory authorities where the Legal function organises and coordinates the monitoring of these relations, in particular the Autorite de Controle Prudentiel et de Resolution and the European Central Bank;
• Consolidating and monitoring significant compliance events in the entities
Summary of responsibilities As a member of the Financial Crime Unit, the responsibilities of this role can cover multiple risks and processes. The role's primary focus will be that of Sanctions & Embargoes risk and the following; · Support the completion of the Group's and local risk assessments; · Assist in the performance of permanent supervisory controls; · Help co-ordinate the provision of Management Information on risk to a number of forums and committees; · Assist in the delivery of initiatives, such as training, regulatory watch and communications; · Support the analysis of risks escalated by management or staff; · Help to advise management on the planning, review and design of sanctions & embargoes controls; · Support the communication and monitoring of actions that contribute to the resolution of risk matters; · Support the definition and maintenance of SG London policies, procedures and standards; · Be proactive in improving processes and controls in relation to the SG Wholesale Banking UK framework; and · Acquire knowledge of the UK financial crime rules and regulations, a broad awareness of International requirements, and other Compliance rules and regulations as required.

· The ideal candidate will have a good working knowledge of FCA regulatory rules and financial crime-related legislation · International Sanctions and Risk Assessment experience is advantageous · Some work experience in a Compliance-related environment is advantageous · Excellent communication skills in both written and verbal English · Flexibility · Adaptability · Ability to make decisions and act on own initiative · Ability to work well under pressure · Good analytical skills · Ability to collaborate with colleagues in a busy office environment

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