Job description

About the job

Global Compliance (CPL) carries out its missions within the framework of the Crédit Agricole S.A. Group's "Compliance" business line. Its missions are carried out in each of the CA Group's entities (branches and subsidiaries) both in France and internationally.

CPL's mission is to contribute to the compliance of the Bank's activities and operations and its employees with the legislative and regulatory provisions as well as all the internal and external rules applicable to Crédit Agricole Corporate and Investment Bank’s (CACIB) activities in the banking and financial sector, or which may lead to criminal sanctions, sanctions by the regulators, litigation with clients and, more broadly, reputational risk.


Responsibilities

Based in Brussels, you will be responsible for the Compliance for CACIB Belgium Branch, whose role mainly covers the following areas:

Anti-money laundering and financing of terrorism (AML-FT) and anti-corruption,
Compliance with international sanctions,
Compliance with financial regulations for loan origination, structuring and arrangement activities for Corporate and Financial Institution clients, or in the management of their international trade and transactional banking needs.
The role of the Local Compliance Officer for CACIB Belgium Branch allows you to be in charge of the local compliance mechanism, mainly focused on Financial Crime issues, while contributing to the reinforcement of regulatory compliance in the markets, which is more centralized at the level of the Head Office in Paris.

You will work with all of the Bank's stakeholders and the various Compliance teams at Headquarters. You will also be responsible for the development of the Bank's business processes and the management of the Bank's operations.

As such, traveling to the Head Office – Paris area site is expected.

Key Internal contacts

• All local business units
• Compliance Head Office departments
• Inspection General – Internal Audit / External Audit
• Risk departments
• Operations departments
• Belgian local regulators (including but not limited to National Bank of Belgium; Belgian FSMA; Belgian Data Protection Authority)

Complément

Main tasks

Provide advice on branch transactions, activities and strategies and in particular analyses high risk transactions and alerts generated by the filtering and screening tools;
Ensure the overall management of the Sanctions/LAB-FT risk of sensitive files (Sensitive Operations Committee, suspicious transaction reports if necessary, freezing of funds in coordination with the competent authorities);
Participate in the development, implementation and maintenance of effective policies and procedures to prevent any risk of compliance failure and to comply with local, European and US financial market regulations, laws and codes;
Assess and identify risks of non-compliance with financial security and financial regulations, laws, codes and internal procedures on market activities;
Evaluate new products and activities to ensure compliance issues are identified and remediated.
Conducting the compliance report for management and the governing bodies.
Maintain policies and procedures to reasonably ensure compliance with applicable regulatory requirements.
Communicate new regulatory requirements simply and efficiently to affected business and other functions/stakeholders to ensure compliance.
Continually assess the inherent risk of business units as well as the effectiveness of mitigating controls in order to minimize the residual risk of reputational damage, regulatory consequences and other operational risk through a surveillance and monitoring program.