12 Month Internship - Financial Crime Compliance

at  CRDIT AGRICOLE CIB

DEPARTMENT SUMMARY

Financial Crime is commonly referred to as Financial Security at Crédit Agricole. The Financial Security Department is split into 3 teams: (i) FS Advisory & Governance (ii) Fraud & Complex Investigations and (iii) Quality Assurance. This vacancy sits within the FS Advisory & Governance team. FS provides CA-CIB London Branch and Crédit Agricole SA (CASA) London Branch with controls and procedures in order for them to comply with the internal FS (financial crime and sanctions) policies and procedures, local regulatory obligations and the bank’s objective of reducing financial crime within the financial sector.
Key Responsibilities of the Department

The FS Department in the UK is responsible for:

• Ensuring that CA-CIB is fully compliant with the provisions of all relevant legislation;
• Developing and maintaining local policies, procedures, training and education in line with evolving statutory and regulatory requirements;
• Taking reasonable steps to establish and maintain awareness and training across the London branch;
• Acting as the primary point of contact for the UK businesses with regards to financial security matters;
• Providing SME risk opinions on higher risk customer relationships, transactions and payments;
• Representing CA-CIB to regulators, supervisors and external bodies;
• Ensuring that all parts of CA-CIB are complying with policy and therefore monitoring operations and development of the policy as required;
• Obtaining, reviewing and acting on sanctions, money laundering and terrorist financing findings issued within the industry (local and international);
• Receiving internal suspicious activity reports and general escalations from stakeholders. Escalating to the Fraud Prevention and Special Investigations team and the MLRO;
• Preparing regular reports for CA-CIB and CASA management on financial crime risk compliance with the internal and external rules and regulations.

INTERN ROLE SUMMARY

The Intern would be part of the Financial Security Advisory & Governance Team (FS A&G), reporting to the Deputy Head of FS A&G, key responsibilities will include, but are not limited to, the following:

• Assisting in various Financial Security projects as and when required;
• Assisting FS team members with the preparation required for regular committee meetings;
• Assisting with the collating of statistics for various reports;
• Assisting with the administration of training records;
• Maintaining training statistics, attendance and follow-ups;
• Attending training sessions held for and/or by the Financial Security team;
• Assisting in the drafting of enhanced due diligence summaries;
• Liaising with Business Lines on Financial Security related queries.

The FS Department in the UK is responsible for:

• Ensuring that CA-CIB is fully compliant with the provisions of all relevant legislation;
• Developing and maintaining local policies, procedures, training and education in line with evolving statutory and regulatory requirements;
• Taking reasonable steps to establish and maintain awareness and training across the London branch;
• Acting as the primary point of contact for the UK businesses with regards to financial security matters;
• Providing SME risk opinions on higher risk customer relationships, transactions and payments;
• Representing CA-CIB to regulators, supervisors and external bodies;
• Ensuring that all parts of CA-CIB are complying with policy and therefore monitoring operations and development of the policy as required;
• Obtaining, reviewing and acting on sanctions, money laundering and terrorist financing findings issued within the industry (local and international);
• Receiving internal suspicious activity reports and general escalations from stakeholders. Escalating to the Fraud Prevention and Special Investigations team and the MLRO;
• Preparing regular reports for CA-CIB and CASA management on financial crime risk compliance with the internal and external rules and regulations