V.I.E. KYT Officer H/F/X

at  Socit Gnrale

1) Monitor and perform control transactions (Know your transactions) of a portfolio primarily composed of Private Equity funds, in compliance with applicable regulations, as well as with the Group’s procedures regarding :

• Prevention of money-laundering, anti-corruption and counter-terrorism financing
• International sanctions
• Fraud and tax evasio

RESPONSIBILITIES

Within the department GTPS (Global Transaction and Payment Services), the team GTPS/PCM/CMT/LUX manages the daily financial flows of large Corporate clients and Private Equity Funds. The department is a front office (LOD1) composed of a sales team and analysts.
Main mission : The KYT Officer conducts transactional analysis of client flows in accordance with AML, CTF and tax obligations.

KEY RESPONSIBILITIES :

1) Monitor and perform control transactions (Know your transactions) of a portfolio primarily composed of Private Equity funds, in compliance with applicable regulations, as well as with the Group’s procedures regarding :

• Prevention of money-laundering, anti-corruption and counter-terrorism financing
• International sanctions
• Fraud and tax evasion

2) Contact clients to obtain the supporting documents to justify the transactions
3) Provide expertise in response to specific requests (compliance request from correspondent banks, exceptional review of a customer file, requests from the public prosecutor’s office, or requests from the sales team)
4) Escalate relevant cases to local RISK and compliance teams (suspicious or unusual transactions, fraud)
5) Provide a full reporting to the management and to the client relationship managers in charge of the accounts