Description of the Business Line or Department

Mission Statement of CPLE:

Build a Compliance Division recognized as a trusted, efficient, and independent partner enabling a sustainable business development for the Group

The Group Compliance Service Unit (CPLE) is responsible for the definition and consistency of the compliance risk prevention and control system, and for coordinating the framework aimed at preventing, identifying, assessing and controlling reputational risk across the entire Group.

In conjunction with the Business Units and other Service Units (BU/SUs), CPLE performs the following tasks with respect to compliance risk:

· defining and implementing the overall normative framework of the Compliance service and monitors its implementation;

· defining procedures and implementing a framework to ensure compliance with respect to compliance risks;

· awareness-raising among Group employees regarding compliance risk and the strengthening of the compliance culture within the Group;

· mapping and analysing Group compliance risk and general vigilance regarding issues likely to harm the Group's reputation or that of one of its activities;

· performing the second-level control and supervision of the framework, including independently assessing compliance risk management within the entities/activities with a major impact on the Group's risk profile, and individually with respect to regulated employees, in compliance with the applicable regulations;

· monitoring relations with supervisory and regulatory authorities, and representing the Societe Generale Group to these authorities, not including supervisory and regulatory authorities where the Legal function (SEGL/JUR) organises and coordinates the monitoring of these relations, in particular the Autorite de Controle Prudentiel et de Resolution (ACPR) and the European Central bank (ECB);

· consolidating and monitoring significant compliance events in the entities

Summary of the key purposes of the role

To achieve its mission statement, CPLE/WSB/SUR activities are centred around five key objectives, in support of senior management, business lines and resource functions, where the business lines have first level accountability and responsibility, and where CPLE/WSB/SUR’s responsibility is with respect to compliance, reputational and conduct risk matters. These five key objectives are as follows:

· Providing advice and policy development

· Facilitating knowledge and awareness

· Undertaking monitoring and surveillance activities

· Performing risk assessment, review and control activities

· Managing the relations with regulators

The Control Room is part of the CPLE Regulatory Surveillance department under the responsibility of the Global Head of Control Room (CPLE/WSB/SUR). CPLE/WSB/SUR has three main functions:

· Global Control Room (GCR): Transactional & Personal Conflicts of Interest and management of the firm Watch & Restricted Lists

· CMS: Monitoring & Surveillance of bank trading activity and electronic communication surveillance.

· SSD: Monitoring of positions and trade collection, Central reporting, Regulatory watch of disclosures rules

CPLE/GCR has four main functions:

· Recording and conflict clearance of proposed Private Side transactions, inc., management of Watch & Restricted Lists

· Management of all Control Room frameworks, including the associated control frameworks:

- Handling Price Sensitive Information including oversight for the GILT and Wall Crossing frameworks

- Personal Account Dealing (PAD)

- Personal Conflicts of Interest (MPC – Outside Business Activities & Close Personal Relationships)

- sharing of confidential and Inside Information, the, clearance of Research, and the associated control frameworks.

· Advisory for Private side business (Global Finance-Corporate Banking): including advising on deal related matters and regulatory issues, ensuring compliance with policies and procedures, training and management of reputational risks.

· SSD: Monitoring of positions and trade reporting, Regulatory watch of disclosures rules

A Compliance Control Room officer provides proactive support to the Control Room activities within Control Room team:

- Ensuring appropriate identification, management and resolution of Conflicts of Interest arising from the investment banking, relationship and research business line

• Providing and ensuring that the team provides timely advice on internal policies regarding Conflicts of Interest, Information Barriers and other Control Room frameworks as described below within the remit of the EMEA Control Room team