VP​/Director - APAC Risk Assessment and Control Review Compliance Officer

Overview

Mission of RACR:

The Risk Assessment and Control Review (RACR) team is a critical part of the Capital Markets Surveillance function which is responsible for developing and conducting a robust risk assessment and control and desk review program that facilitates the ongoing assessment of control efficacy. The RACR function collaborates with the surveillance teams and the Change Management Team to develop and conduct an effective surveillance program.

The APAC RACR Compliance Officer, based in Hong Kong, will be the main point of contact in the region for developing and conducting the global RACR program.

• Risk Assessment
• Control Reviews / Desk Reviews within the region in adherence to all relevant regulatory requirements and prevailing market standards within the region.

Main responsibilities:

• Contribute to the RACR program via effective collaboration across Capital Markets Surveillance (CMS), Change Management & Transformation (CMT), Compliance (CPLE), Global Markets (MARK) and other key CMS sponsors and stakeholders.
• Liaise with Market Surveillance Officers worldwide (with a strong focus in Asia), sharing the expertise of analysts in charge of Surveillance.
• Perform control reviews in accordance with the procedures, carrying out at least the reviews of the key controls identified.
• Perform control and desk reviews according to the defined roadmap.
• Take charge of the governance related to the journals (e.g., validation of the organization of meetings and documentation).
• Ensure the updating of all CMS Market Surveillance repositories, maintain the validation of any changes made to the monitoring system (at the origin of the reviews, the implementation of the roadmap).
• Ensure all legacy trade surveillance controls are documented as appropriate.
• Maintain and review the list of Asia Market Surveillance controls.
• Assist the head of the team in ongoing interaction with the CPLE/REG market integrity team.
• Take charge of other tasks/projects as determined by management; act as the RACR Asia point of contact.
• Continuous enhancement of the Trade Surveillance framework through calibration and assessment of weaknesses and gaps in collaboration with trade surveillance and project teams.
• Engage with Surveillance vendors to review and develop the effectiveness of controls used by CMS.
• Support Market Surveillance teams in defining and developing solutions to increase efficiency and coverage.
• Develop Trade Surveillance controls to mitigate newly identified surveillance gaps.

• Identify, analyze, and communicate the impacts on surveillance activities of regulatory changes related to the market or industry.
• Identify new trade surveillance controls available from external providers that could be pushed to production to improve coverage.

• Develop and publish timely metrics identifying risks and outputs of the RACR program for management.
• Take charge of other tasks as determined by management.

Business skills:

• Experience in a regulatory framework at leading Financial Institutions.
• Financial product knowledge is essential due to interaction with Front Office teams.
• Working knowledge of company policies, regulation, private and public sides of businesses and market practices.

Behavioral skills:

• Ability to work in a fast-paced environment with changing regulations and technology.
• Excellent attention to detail.
• Respect for highly sensitive information.
• Team player with ability to collaborate within immediate and global teams.
• Innovation: solution-based mindset to identify gaps and implement initiatives to improve surveillance offerings.
• Strong documentation and presentation skills.
• English language essential; other languages desirable.

• Client - Risk: strive to satisfy clients while considering risks for the company.
• Team Spirit - Collective mindset: favor the team’s interest over personal results.
• Team Spirit - Open mindset: listen and share views and expertise openly.
• Innovation - Creative thinking: propose new ideas and solutions.
• Responsibility - Risk awareness: constantly assess risks.
• Responsibility - Performance: aim for high performance.

Our Culture:

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and considerate, act ethically and with courage, and focus our talent on collective success. We visit our APAC career information:
Please visit our APAC career website for more information.

DEI:

Our mission:
Recruit, develop, advance, and retain a diverse workforce united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

• Engaged workforce that reflects the communities in which we operate
• Inclusive culture and workplace respecting employees’ unique needs
• Engage our community and marketplace to meet the needs of all clients

Check out our DEI initiatives:…