Financial Crime Compliance Analyst

Job Description

About Company

Société Générale (SG) operates with four core values: commitment, responsibility, team spirit, and innovation. The company emphasizes engagement, consideration for others, ethical conduct, courage, and a focus on collective success. SG encourages experimentation and new ideas to serve client needs and anticipate market changes. Building strong relationships with colleagues, communities, and the world is central to their operations.

SG is committed to Diversity & Inclusion (D&I), with a mission to recruit, develop, advance, and retain a diverse workforce that enhances their competitive position and delivers innovative client solutions. Their D&I vision includes:
• An engaged workforce that is demographically diverse, reflecting the communities they operate in.
• An inclusive culture and workplace that recognizes unique employee needs and utilizes diverse talents.
• Engagement with the community and marketplace to meet the needs of all clients.
Société Générale is an equal opportunity employer, committed to recognizing and promoting the talents and achievements of employees regardless of various protected characteristics.

SG offers a hybrid work environment, providing employees with the flexibility to work remotely and on-site to promote interaction and collaboration. The specific hybrid arrangements vary by business area and are determined by the respective Business Lines.

Job Description

Department Description

The Transaction Monitoring Group (“TMG”) is a surveillance unit within Financial Crime Compliance. It holds centralized responsibility for the Bank’s AML transaction monitoring systems and processes. The TMG manages the rules and parameters within the automated monitoring system, handles cases generated by the system for review, investigation, and closure or reporting. Additionally, the TMG conducts manual processes outside the system to identify and report unusual activity.

Main Accountabilities

• Assists the Financial Intelligence Unit (“FIU”) in preventing the use of Société Générale (“SG”) facilities for 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.
• Responsible for reviewing the ongoing negative news log, identifying relevant names, and conducting transaction searches to determine if FIU investigations are warranted.
• Assists with management of the FIU Portal through entries and transactional searches on parties identified in news sources.
• Recommends courses of action for most events, seeking manager guidance for unusual situations.
• Independently conducts documented enhanced due diligence on individuals and entities, utilizing all available resources and exercising risk-based judgment to develop findings and recommendations.
• Conducts review of the 314(a) alerts generated every two weeks.
• Reviews Internal Fraud Escalations from various Business Units, conducts FIU case investigations, and prepares SARCs (Suspicious Activity Report Committee) and SARs (Suspicious Activity Reports) related to return of funds, business email compromise, or other fraud escalations from Global Transactions and Payments Services (“GTPS”).
• Clearly, succinctly, and consistently documents and supports judgments, decisions, and rationale, maintaining accurate and complete supporting documentation and records in accordance with TMG policies and procedures.
• Applies project management and organization skills to various tasks, including ad-hoc assignments.
• Collaborates with the team to implement management-sponsored and approved initiatives and projects.

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.
• Experience with SAS (case management system).
• Experience with online research systems, including web-based tools.
• Knowledge of geopolitics, geographies, and languages with efficient application to the Anti-Financial Crime field.

Technical Skills

• Required: MS Office Suite

Prior Work Experience

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

Education

• Required: BA/BS