Trainee - Financial Crime (Sanctions & Embargoes) in City of Westminster

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 monitoring its implementation.
• Defining procedures and implementing a framework to ensure compliance with respect to compliance risks.
• Raising awareness among Group employees regarding compliance risk and strengthening 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.
• Consolidating and monitoring significant compliance events in the entities.

Summary of Responsibilities

• Support the completion of the Group's and local risk assessments.
• Assist in the performance of permanent supervisory controls.
• Help coordinate 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.
• Acquire knowledge of the UK financial crime rules and regulations, a broad awareness of International requirements, and other Compliance rules and regulations as required.

Ideal Candidate

• 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 and 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.

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.