Regulatory Project Manager

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • Societe Generale
  • 18 Nov 17 2017-11-18

Regulatory Project Manager


Environment

Societe Generale Group is one of the leading financial services groups in Europe servicing 31 million clients with 145,700 employees (60% of staff are based outside mainland France) and operating in 66 countries.

Based on a diversified universal banking model, the Group combines financial solidity and a strategy of sustainable growth. Our objective: to be the leading relationship-focused bank, a reference in its markets, close to its clients and chosen for the quality and commitment of its teams.

The Global Banking & Investor Solutions pole of Societe Generale group (GBIS) encompasses Corporate & Investment Banking, Private Banking, Asset Management and Investor Services (18,000 employees in 50 countries). As a Corporate and Investment bank, we support our core clients in their long-term and strategic goals across four essential functions: financing, advisory services, risk management and investment solutions.

Societe Generale Asia-Pacific operates in 12 locations across the Asia Pacific region, employing close to 8,000 employees and centred on Societe Generale's Global Banking & Investor Solutions pole (GBIS).

Department Description



The Asia-Pacific Compliance division ("CPLE"), has a local presence in Australia, China, Hong Kong, India, Japan, Korea, Singapore and Taiwan (110+ staff in total). Our primary focus is to support GBIS activities. In practice, the scope of CPLE includes:


  • Monitoring the compliance with banking and financial regulations, including rules covering customer protection;

  • Monitoring compliance with rules aiming at protecting the integrity of organized markets;

  • Executing or execution monitoring of some regulatory declarations (transaction, shareholding threshold crossing, etc.);

  • Coordinating the KYC system;

  • Supervising the AML/TF organization, and declaring AML suspicion to the local relevant authorities;

  • Preventing the reputation risk;

  • Declaring the "compliance malfunctions" (if any) to the bank supervision authority; compliance malfunctions are significant breaches of the above-mentioned regulations or problems generating a reputation risk.


Mission

Change Management and Projects

The candidate will directly manage or contribute to deploying the key projects in the Asia-Pacific region and lead the execution of these projects for Asia-Pacific Compliance. This includes primarily:

Directly managing key regulatory and or tax projects (FATCA, CRS, 871(m), GDPR, ABC)
  • Liaise with global coordinators if expertise is required
  • Develop a sound knowledge of regulatory frameworks for each country / jurisdiction
  • Advise and supervise the development of written policies, processes and procedures to include local specificities
  • Advise on the definition and monitoring of permanent supervision and other controls around projects
  • Advise on training supports and monitor staff training
  • Ensure that governance and escalation workflows are in place
Actively contributing to the transformation of Compliance function
  • Be responsible for coordinating projects, defining the appropriate methodology and governance to report status and roadblocks to regional and global sponsors
  • Ensure deliveries are made on time, within the budget allocated and that project is executed in line with Regulator's and internal requirements and timeline
  • Build and drive the relevant working group to synchronize on deliverables and planning
  • Support change management (training , procedures documentation) for the impacted teams
  • Ensure all documentations (key working documents and exhaustive list of deliverables) related to the project are properly stored and shared
Recurring Activities



Contributing to the performance management of compliance
  • Occasionally contribute to the general management of compliance department (reporting, management control, analyses, surveys, communication)
  • Work towards embedding a culture of 'projects' in the advisory teams (awareness sessions, tips and tricks, trainings)
Contributing to BAU after projects are implemented
  • Ensure projects run smoothly, including after go-live
  • Help prepare senior management meetings and regulators certifications (coordinate with relevant parties, challenge inputs and facts)
  • Ensure the role of Compliance as Responsible Officer is explained and understood by all parties (RACIs in place and effective)
This challenging role will provide the successful candidate with a unique opportunity to apprehend the various businesses of a top-tier investment bank and will be evolving at the forefront of regulatory developments. The position will involve constant interaction with senior management, business lines, and various compliance and Operational teams. The variety and density of topics covered will enable the successful candidate to gain a wide exposure and an in depths knowledge of the current regulations and conduct stakes.

Profile

Operational Skills




Technical Skills

  • Project management skills developed in a project manager and/or business analyst role (5+ years)
  • Knowledge of the investment banking environment (activities etc.)
  • Presentation and communication skills; ability to communicate with people at all levels of the organization


Competencies

Change management
  • Curiosity and critical sense
  • Ability to embrace and lead change
  • Negotiation and Leadership skills
  • Good oral and written communication
Result Orientation
  • Rigor
  • Ability to report in due time, identify priorities and address difficult situations with autonomy
  • Pro-activity and solution-oriented, proposition-making mindset
Cooperation
  • Good interpersonal skills
Experience
  • Previous experience in Project Management in an investment bank or consultancy firm
  • Previous experience or exposure to regulatory matters
Behavioural Skills




Team Spirit

  • Open Mindset

Client

  • Sales and Marketing Strategy


Innovation

  • Simplification
  • Change Management


Responsibility

  • Accountability
  • Risk Awareness


Other Behavioural Skills

  • Ability to work in a multicultural environment
  • Active listener
  • Critical thinking skills
  • Presentation skills