Based on a diversified universal banking model, the Société Générale operates in Italy through different companies belonging to its three main core businesses: Retail Banking in France, International retail banking, financial services and insurance and Corporate and investment banking, private banking, asset management and securities services.

As a key pillar of the Société Générale Group’s universal banking model, SG CIB supports the economy by playing a key intermediary role, offering broad market access to issuers and smart investment solutions to investors. The service we bring to our corporate and financial institutions clients revolves around three main activities - investment banking, financing and markets - and our global franchises of equity derivatives and natural resources. For our clients we stand out because we are a trusted advisor with a worldwide leading engineering expertise and a quality product suite. In 1967 the Société Générale founded the first location in Milan.

Mission:

We are looking for a Junior Compliance Officer trainee to ensure that our business processes and transactions comply with all relevant legal and internal guidelines.

Under the supervision of the Senior Officers in charge, within the framework of Corporate and Investment Banking activities, your duties will consist in reviewing the relevant documentation and data to ensure compliance with financial crime regulation and standards, particularly on KYC. The ultimate goal is to prevent money laundering as well as the danger of terrorist financing during the KYC processes / steps.

This is an internship lasting 6 months with the possibility of extension for an equivalent duration.

Desired start date : as soon as possible

Tasks and responsibilities:

• Investigate and assess the risks posed by potential new clients or review of existing ones such (review of the KYC files escalated to the attention of the Compliance department)
• Analyze clients’ requests on transactions/activities (in case dedicated approvals are required, also in the light of the Bankit “AML red flags” (indicatori di anomalia) and in the light of SAR identification duties)
• Regularly examine data and solutions to verify KYC regulations are being met
• Review or develop KYC policies and/or procedures
• Ensure keeping orderly audit trail of the activities and escalating violations