Societe Generale is one of the leading financial services groups in Europe. Based on a diversified and integrated banking model, the Group combines financial solidity and a strategy of sustainable growth.
Summary The Vice President of Regional Financial Crime APAC has responsibility for the region in assisting the Regional Head of Financial Crime Unit (FCU) in maintaining the SG Group FCU Policy standards (mainly AML, KYC, Sanctions);
ensuring SG Group remains regulatory compliant in all FCU related matters.
In particular, the post holder will be one of the subject matter experts within FCU’s AML / KYC Advisory team providing expert advice and solutions to the business lines and support functions on a day-to-day basis.
The post holder is also expected to proactively implement policies and procedures, keep senior management informed of financial crime related matters and risks in a timely manner, contribute to the training and awareness program, conduct on-
going review of the adequacy and effectiveness of the financial crime control framework, and undertake ad hoc projects to enhance on an ongoing basis the Compliance program.
Active engagement with Group Compliance on policy development and implementation to ensure SGHK is compliant with both French and Hong Kong regulatory requirements while taking various business and operations needs into consideration.
Proactively address and oversee closure of any policy and implementation gaps
Liaison with Business Lines, KYC Team and other relevant departments to provide in a timely manner Compliance opinions in relation to
New client on-boarding - Regular and trigger event review of existing clients - Proposed transactions and structures, and -
Ad-hoc queries requiring FCU Compliance advisory or guidance
Ensure advice, guidance and approval provided by the FCU team are properly documented and kept for audit trial and record keeping purposes
Timely clearance of AML / KYC related alerts, including but not limited to AML transaction monitoring alerts, and STR related investigations
Support the Regional Head of FCU in handling financial crime related matters within the region such as information sharing with the regional Compliance teams as and when required
Maintain a strong knowledge of financial crime related rules and regulations; ensure up-to-date knowledge on regulatory trends, market practices and standards.
Participate and provide feedback in industry wide reviews driven by regulators or the various industry groups in order to enhance the overall financial crime risk management framework of SG Hong Kong
Participate in ad-hoc projects as and when required
Provide training for staffs within the region as and when required
Graduate level with finance / legal or other professional qualification is required
Minimum of 5 years in direct Banking / Securities Compliance / AML experience and preferably in a FI / Corporate banking environment regionally
Managerial experience essential
Fluent in English & Chinese. Fluency in Putonghua is an advantage, but not prerequisite
Strong working knowledge of global regulatory and financial services legislation as it pertains to AML, KYC, Sanctions, ABC rules relevant to the SGHK businesses
Good understanding of the business line activities
Flexibility - Adaptability
Ability to make Decisions
Ability to work under pressure
Proactive and ready to drive changes
Strong team player, willing to work together for solutions
Strong analytical and a critical thinker, able to analyze and assess issues quickly
Open-minded, willing to take suggestions
Good communications and influencing skills