Lead - Control Assurance

SGS Société Générale de Surveillance SA; Bengaluru; On-site; INR 700,000 - 1,200,000; Full time

Job summary

SGS Société Générale de Surveillance SA is seeking a Compliance Control Monitoring professional in Bengaluru to support the CTL team, identify risk areas, and stay current with regulatory developments affecting global banking compliance.

The role requires close collaboration with stakeholders and the ability to assess control design and execution while driving corrective actions and improvements within CDT standards.

Qualifications

• Experience in compliance or risk control within banking
• Ability to analyze regulatory changes and their impact
• Strong written and verbal communication in English

Responsibilities

• 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
• Regularly update knowledge on internal incidents, external enforcement and regulatory developments
• Assess the design and execution of existing controls per CTL standards and methodologies
• Identify gaps between existing controls and expected controls and design a cartography to highlight issues
• Ensure identified gaps are debriefed to relevant stakeholders with corrective action plans and reports

Job description

Responsibilities

Fair knowledge of Compliance risks in the global banking environment.This may include the risks related 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
2. Identify key business changes through stakeholder connects and assess key risks for the perimeter concerned as directed by the CPLE CTL Manager
3. Regular of knowledge on internal incidents, external enforcement and regulatory developments
4. 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
5. show autonomy in delivery of assigned duties including planning of own work, proactiveness and timely escalation
6. ensure adherence to the global operating guideline on second level control
7. establish a good working relationship with both internal & external stakeholders
8. 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
9. 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.