Lead - Control Assurance

Societe Generale Global Solution Centre; Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Societe Generale Global Solution Centre in Bengaluru seeks a Compliance Control Monitoring professional to support risk assessment and control evaluation across global banking operations. You will monitor regulatory developments, assess control effectiveness, and liaise with internal and external stakeholders to ensure robust compliance programs.

The role emphasizes proactive risk identification, formal control testing, and documenting findings to facilitate timely remediation and alignment with

Qualifications

• Experience with global banking compliance risk areas including market integrity.
• Knowledge of market abuse, market transparency, and client protection.
• Familiarity with laws related to anti-bribery, corruption, and tax evasion (FATCA/CRS).
• Understanding of data protection/archiving laws and related topics.
• Awareness of MiFID, EMIR, and compliance incidents management.

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.
• Keep knowledge up-to-date on internal incidents, external enforcement and regulatory developments.
• Assess existing controls against the defined control plan and CTL standards.
• Ensure knowledge of applicable policies and procedures for the assessed control.
• Evaluate design and execution of formal controls on schedule and per methodology.
• Identify gaps between existing and expected controls and map them to address risk.
• Debrief gaps to stakeholders, agree corrective actions, and contribute to reports.
• Identify weaknesses, escalate issues, and define corrective action plans.
• Maintain working papers and demonstrate autonomy in delivering duties.
• Adhere to global operating guidelines on second level control.
• Maintain good relationships with internal and external stakeholders.
• Contribute to SG GSC CTL methodologies, policies, and procedures aligned with global guidelines.
• Contribute to CTL monitoring methodology updates; document creation context.
• Other responsibilities and keeping up-to-date with FCA, SFC, HKMA, MAS rules.
• Maintain knowledge of SG policies framework, compliance incidents, and regulatory developments.

Skills

Global banking compliance

Market integrity

Client protection

Anti-bribery & corruption

Tax evasion laws (FATCA/CRS)

Data protection & archiving

Regulatory developments awareness

MiFID regulations

Personal Account Dealing

EMIR knowledge

Equities, derivatives, bonds basics

Job description

Responsibilities

Fair knowledge of Compliance risks in the global banking environment.

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 elevate 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.