Lead - Control Assurance

Societe Generale Global Solution Centre; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Société Générale Global Solution Centre in Bengaluru seeks a Compliance Control monitoring professional to identify key risk areas and assess controls across the perimeter. You will stay abreast of regulatory developments, coordinate with stakeholders, and help refine CTL methodologies in line with global guidance.

The role requires experience in market integrity, MiFID, AML/KYC, and related regulatory environments, with a focus on governance and robust documentation.

Qualifications

• Experience with Market Integrity, Market Abuse and Market Transparency.
• Knowledge of Client protection frameworks and regulatory expectations.
• Understanding of Anti-Bribery and Corruption regimes and related controls.
• Familiarity with FATCA/CRS and tax evasion prevention obligations.
• Data protection and archiving laws applicable to financial services.
• Experience handling compliance incidents and reporting.
• Knowledge of MiFID and European market rules.
• Understanding of Personal Account Dealing controls.
• Familiarity with EMIR and regulation of derivatives, bonds and equities.
• Awareness of AML, KYC and client due diligence requirements.

Responsibilities

• Support the Compliance Control monitoring manager to identify key risk areas.
• Identify key business changes through stakeholder connects and assess risks per CTL guidance.
• Stay updated on internal incidents, enforcement actions and regulatory developments.
• Assess design and execution of controls per CTL standards.
• Maintain knowledge of policies and procedures related to monitoring.
• Map gaps between existing and required controls and propose risk maps.
• Debrief identified gaps with stakeholders and define corrective actions.
• Record keeping of all working papers and deliverables.
• Demonstrate autonomy in delivering duties and timely escalation.
• Adhere to global CTL operating guidelines and governance.
• Collaborate with internal and external stakeholders for improvements.
• Contribute to SG GSC CTL methodologies, policies and documentation.
• Assist in writing updates to the CTL monitoring methodology.
• Maintain knowledge of FCA, SFC, HKMA, MAS rules and SG policies.

Skills

Market Integrity

Client protection

Anti-Bribery and Corruption

Tax evasion laws

Data protection

Compliance incidents management

MiFID regulations

Personal Account Dealing

EMIR

Equities/derivatives/bonds knowledge

Anti-Money Laundering

KYC and client due diligence

Job description

Reference 2600027V

Responsibilities

Fair knowledge of Compliance risks in the global banking environment.

This may include the risks related to:

Required

Experience in below topics including but not limited to:

• Market Integrity (Market Abuse, Market Transparency),
• Client protection
• Laws and regulations related to Anti-Bribery and Corruption
• Prevention of tax evasion and related laws and regulations. E.g. FATCA, CRS, etc.
• Data protection/archiving laws and thematics
• Compliance incidents management
• MiFID regulations
• Personal Account Dealing
• European Market Infrastructure Regulation (EMIR)
• Knowledge of equities, derivatives and bond markets

Added advantage

• Anti-Money Laundering, Terrorist financing, Embargos & Sanctions (OFAC)
• KYC and client due diligence activities

Profile Required

'1) Support the manager of the Compliance Control monitoring team to identify key risk areas

• Identify key business changes through stakeholder connects and assess key risks for the perimeter concerned as directed by the CPLE CTL Manager
• Regular of knowledge on internal incidents, external enforcement and regulatory developments
• Participate in assessment of existing controls as per the defined control plan and the direction of the CPLE CTL management
• ensure a good knowledge of existing policies and procedures on which the control assessed is attached to
• assess the design and the execution of each existing formalized controls on schedule and in accordance with CTL standards and methodology
• identify gaps between existing controls and expected controls and design a cartography to highlight issues to fully cover the risk at stake
• ensure identified gaps are debriefed to relevant stake holders, corrective action plans agreed and contribute to report writing
• identify weaknesses, timely escape any issues and define corrective action plan
• record keeping of all working papers
• show autonomy in delivery of assigned duties including planning of own work, proactiveness and timely escalation
• ensure adherence to the global operating guideline on second level control
• establish a good working relationship with both internal & external stakeholders
• contribute towards development of SG GSC CPLE/CTL methodologies, policies and procedures in line with global guidelines
• Contribute to the writing of the CTL monitoring methodology update document detailing in the context of the creation of the function
• Other responsibilities
• Maintain a detailed and updated working knowledge of various laws and regulations, e.g., FCA, SFC, HKMA, MAS rules and regulations
• Maintain a detailed and updated working knowledge on the existing SG policies framework, compliance incidents and any key regulatory development at group and regional level.

Why join us

“We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status”.

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 committed to support accelerating our Group’s ESG strategy by implementing ESG principles in all our activities and policies. They are translated in our business activity (ESG assessment, reporting, project management or IT activities), our work environment and in our responsible practices for environment protection.