Financial Crime Compliance Analyst

Job Description

About the Company:

Société Générale (SG) is a financial institution that operates with a culture built on four core values: commitment, responsibility, team spirit, and innovation. They emphasize engagement, consideration for others, ethical conduct, courage, and a focus on collective success through talent and energy. The company encourages experimentation and new ideas to better serve client needs and anticipate market changes, prioritizing strong relationships with colleagues, communities, and the world.

SG is deeply committed to Diversity & Inclusion (D&I), with a mission to recruit, develop, advance, and retain a diverse workforce that enhances its competitive position and delivers innovative solutions. Their D&I vision includes fostering an engaged and demographically diverse workforce reflective of operating communities, cultivating an inclusive culture that recognizes unique employee needs and utilizes diverse talents, and engaging with the community and marketplace to meet all client needs.

Société Générale offers a Hybrid Work Environment, providing employees with the flexibility to work remotely and on-site. This arrangement aims to promote interaction and collaboration while adhering to company protocols, with specific arrangements varying by business area.

The company is an equal opportunity employer, committed to recognizing and promoting the talents and achievements of its employees regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, or any other legally protected characteristic.

Job Description:

This role is within the Transaction Monitoring Group (TMG), a surveillance unit within Financial Crime Compliance at Société Générale. The TMG holds centralized responsibility for the Bank’s AML transaction monitoring systems and processes. This involves managing rules and parameters for automated monitoring, handling system-generated cases for review, investigation, and closure or reporting, and conducting manual processes to identify and report unusual activity.

Main Accountabilities (Responsibilities):

• Assists the Financial Intelligence Unit (“FIU”) in preventing the use of SG facilities for various financial crimes including money laundering, terrorist financing, bribery, corruption, and cybercrime.
• Performs reviews of negative news articles to identify potential links to financial crime in SG’s presence/risk exposure geographies. Also responsible for reviewing ongoing negative news logs, identifying relevant names, and conducting transaction searches to determine if FIU investigations are warranted.
• Assists with the management of the FIU Portal, including data entries and transactional searches on parties identified from news sources.
• Recommends courses of action for most events but may seek guidance from a manager when analysis identifies unusual or uncommon situations.
• Independently conducts documented enhanced due diligence (EDD) on individuals and entities, utilizing all available resources and applying risk-based judgment to develop findings and recommendations.
• Conducts reviews of 314(a) alerts generated bi-weekly.
• Reviews Internal Fraud Escalations from various Business Units, conducts FIU case investigations, and prepares SARCs (Suspicious Activity Report Confirmation) and SARs (Suspicious Activity Reports) related to return of funds, business email compromise, or other fraud-related escalations received from Global Transactions and Payments Services (“GTPS”).
• Clearly, succinctly, and consistently documents and supports judgments, decisions, and rationale, while maintaining accurate and complete supporting documentation and records in accordance with TMG policies and procedures.
• Applies project management and organization skills to a variety of tasks, including ad-hoc assignments.
• Collaborates with the team to implement initiatives and projects sponsored and approved by management.

Required Competencies:

• Strong analytical, verbal, and written communication skills.
• Ability to clearly synthesize approach, methodology, and rationale for raising issues.
• Strong attention to detail.
• Ability to work under minimal supervision.

Preferable Competencies:

• Strong research skills.
• Advanced skills in Microsoft Word, Excel, PowerPoint, SAS (case management system).
• Experience with online research systems, including web-based tools.
• Knowledge of geopolitics, geographies, and languages, with the ability to apply them efficiently to the Anti-Financial Crime field.

Required Technical Skills:

• MS Office Suite.

Preferable Prior Work Experience:

• 1-2 years in Financial Crime case investigations or a similar environment.
• Experience in assisting with AML/OFAC special projects or AML/OFAC implementation of new/updated procedures.

Required Education:

• Bachelor of Arts/Bachelor of Science (BA/BS) degree.

Compensation & Salary Range:

The base salary range does not include overtime pay, bonus, and/or other benefits, where applicable. The actual base salary offer will vary based on the candidate’s skills and experience.