Director, Compliance IT & Digital Advisory - Legal / Taxation / Compliance Hong Kong
June 27, 2019
Compliance supervision of the IT departments
IT departments are composed of infrastructure IT (helpdesk, hosting services, connectivity), and systems IT (building and operating applications). For these departments, the candidate will be the compliance contact point.
Operationally, the candidate will be responsible for:
Implementing an oversight of Compliance risks for IT departments: indicators, governance
Working with the IT managers to develop a culture of compliance amongst the IT teams (awareness actions, trainings etc.)
Working with the IT teams to develop and maintain practices that comply with the applicable rules and regulations
Providing compliance advice to IT teams (projects, incidents management, etc.)
Compliance advisory on innovative & digital solutions
As an illustration, "innovative & digital solutions" recently included: deployment of our digital global markets platform across the region (for research distribution, execution and post trade services), and the deployment of various initiatives leveraging data lake technology and cloud technology.
The candidate will coordinate the effort for Asia Compliance in order to provide a consolidated and documented compliance advise and validate the launch of digital initiatives on behalf of Compliance in the region.
In concrete terms, the candidate will be responsible for:
Developing & maintaining a structured approach to Compliance Advisory on Digital Matters
Providing compliance advice on digital matters to Business Lines and Support Functions
Coordinating the interactions with regulators on digital matters, in relationship with central compliance team
Representing Compliance in relevant forums (Fintech forum etc.)
Updating relevant parties on regulatory changes
Socializing the Compliance "DOs & DON'Ts" on digital matters
Communicating on the progress and upcoming developments to the Compliance community in the region
Personal Data Protection Officer (DPO) for Asia-Pacific
Following the implementation of GDPR (General Data Protection Regulation) data privacy from the EU applicable to our Societe Generale Group, the Group decided to deploy a network of Data Protection Officers (DPO) all across the Group (inside and outside of the EU) to ensure data protection compliance.
As DPO for Asia-Pacific region, the candidate will be responsible for:
- Information & Advisory:
Informing data controllers, processors and their employees on data privacy obligations
Providing advise & guidance on data usage
Raising awareness on data privacy
Performing technological & regulatory watch
- Compliance Monitoring:
Contributing to norms design / monitor policies & standards
Updating the internal policies to ensure the compliance with regulations "accountability principle"
Defining LoD 1 (First Line of Defense) controls in coordination with operational teams and LoD 2 controls (Second Line of Defense) with Compliance control team
Ensuring the compliance process with GDPR based on LoD 2 controls
Steering associated "remediation plans" (inform, advise and issue recommendation)
Reporting annually to the Asia Data Controller
- Cooperation & Point of Contact:
Being the single point of contact for the Group DPO and for Asia on data subjects (customers / staff / lobbying) and for Data Protection Authority requests / complaints / audits
Crisis management (data breach)
All our positions are open to people with disabilities
Sound knowledge and understanding of recent technologies
Knowledge of the CIB environment (activities & processes)
Presentation and communication skills; ability to engage with people from various backgrounds (business lines, support functions, compliance officers etc. all across the APAC region), ability to write business documentation and communication material.
Analytical Thinking and Attention to detail
Ability to, identify priorities and address difficult situations with autonomy
Pro-activity and solution-oriented, proposition-making mindset
Negotiation and Leadership skills
Curiosity and critical sense
Embracing change and ability to leverage new technologies
Good oral and written communication
Good interpersonal skills
10+ years of professional experience
Previous experience in Compliance, Business or Support function in an investment bank or consultancy firm
Previous experience in a role with authority to make decision (e.g. manager role or advisory role)
Previous experience in taking an active role in dealing with technology matters
Previous experience in taking an active role in dealing with regulatory matters
Experience working in International, Multi-cultural organization
Previous experience in Compliance department
Fluent in English
MSc in Business, Finance or other relevant field.
Société Générale Group is one of the leading financial services groups in Europe. Société Générale is serving 31 million customers in 67 countries on a worldwide basis. Based on a diversified and integrated 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 Asia-Pacific Compliance division ("CPLE/ASI") is the Compliance arm of the Asia BU. It 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 CIB-type of activities (global capital markets & global structured finance) across the region.
Hong Kong is the regional Compliance hub. The Hong Kong Compliance team is approx. 50+ staff and split into various areas of expertise:
Advisory dedicated to Capital Markets Business Lines
Advisory dedicated to Global Investment Banking Business Lines, and Control Room
Advisory dedicated to Support Functions
Capital Markets Surveillance
2nd Level Controls
Financial Crime Unit
Chief Operating Officer (COO)
The candidate will be a member of the Hong Kong COO team. The COO team is a transversal team that manages several matters for Compliance department in the region: strategic planning, operational risk management, "compliance academy" (professional development of Compliance staff), Regulatory projects, Compliance Digital Projects & Transformation (the automation of Compliance own processes & services), and Technology and Data matters (this role).
The candidate will be reporting to the Compliance Regional COO (Chief Operating Officer) for Asia-Pacific, based in Hong Kong.
The candidate will focus on the topics that most consider as the wave of the future for the banking industry. Indeed, as the digitalization of all the traditional banking activities is accelerating and as regulators scrutinize the emerging risks from new technologies, compliance management of technology and data matters is on the rise.
Job code: 19000242
Business unit: Societe Generale Hong Kong Branch
Starting date: Immediate
Date of publication: 01/07/2019
Internal Number: 5956682
About SOCIETE GENERALE
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