Second Level Control Compliance Officer

Job description

Responsibilities

Description of the Business Line or Department

Société Générale Securities Services (SGSS) has been active in Ireland for 20 years and is a leading player in servicing Irish domiciled and offshore collective investment vehicles. We act locally as fund administrator and depositary for a wide range of international clients who manage schemes from UCITS to AIFs including private equity and real estate structures, hedge funds and special purpose vehicles.

Summary of the key purposes of the role

Reporting to the Head of Compliance with a dotted line to the head of Second level control (in Paris), the Second level Control Compliance Officer is responsible for the workplan of second level controls for Compliance domains in order to assess independently the LoD1 control framework implemented by the Business Units. As the candidate progresses they will have the opportunity to become involved in more tasks and further develop their knowledge and experience.

Summary of responsibilities

Under the supervision of the Head of Compliance, covering the Irish perimeter for the Depositary/Trustee activities and for the Fund Administration activities (the “Business Units”), the Second Level Control Compliance Officer has for main duties:

1) To perform the workplan of second level controls for Compliance domains in order to:

- Assess independently the first-level of control framework implemented by the Business Units;

- Prevent compliance and operational risks to occur;

- Ensure that the entities operate in compliance with the regulations which apply to the Group and to that extent

2) Perform second level control missions by an assessment of first level of controls framework:

- Through their design and their results (including the Testing part as described in the methodological guide);

- By performing architectural reviews, aiming to reduce the related business risks as regards the SG Directives, Instructions and Procedures;

3) Identify areas for improvement in order to strengthen and ensure compliance if need be of the first level control set up in the Business Units.

- These areas for improvement will lead to action plans, that will be formally monitored, and their status will be regularly reported to the Head of Compliance and to the Head of Second Level control in Paris.

4) Participate to the presentation of results of second level controls that are made to the controlled Business units;

5) Contribute to the deliverables (notably reporting) to be transmitted to the management bodies of the Business units in terms of results of second level controls reviews.

Level of Autonomy and Authority

NA

Profile Required

Competencies

- Four- or five-years high education with a significant experience in compliance, risk, audit and / or controls

- Strong knowledge of banking and financial environment (business skills, operational risks, controls)

- Banking experience in terms of operational risks and controls management

- Good knowledge of SG Group's procedures is preferable

- Capacity to analyze situations and operations, to synthetize

- Fluent English

- Good interpersonal skills and ability to work with multicultural teams

WORK EXPERIENCE

· 1-2 years' experience in a similar role, or in a related field.

EDUCATION

Minimum bachelor's degree required.

LANGUAGES

· Fluent English is essential; knowledge of French language is an advantage.

Why Join Us

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Business Insight

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Société Générale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender reassignment.

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: 20000BW8
Business unit: SG CIB
Starting date: 27/07/2020
Date of publication: 04/06/2020