APAC Compliance Operational Risk Manager

Permanent contract|Hong Kong|Compliance

APAC Compliance Operational Risk Manager

Hong Kong, Hong Kong Permanent contract Compliance


As a senior member of the  APAC Compliance COO team, you will be lead the monitoring of the operational risk for a team of 120 people. This role will primarily be split into the following core activities;

  • Monitor the operational incidents by helping operational teams and managers to collect and report incidents (operational or non-compliant) in dedicated tools, reviewing and performing critical analysis of Post-Mortem and action plans and following-up on their implementation. Implement a strong control tower and incident management process
  • Identify the relevant risk indicators and help monitor them
  • Perform and coordinate the annual Risk and Control Self-Assessment (RCSA)
  • Monitor the outsourced / externalized services (OES) by contributing to assessing the operational risks linked to OES and contributing to ad-hoc oversight related project
  • Ensure a strong managerial supervision by reviewing with the managers the control framework in place and monitoring the results of the permanent supervision controls
  • Carry out operational processes review to assess their adequacy in terms of risks and control framework
  • Organize operational risk awareness sessions
  • Help push innovation, automation, and data usage within the team

The successful candidate will be equally comfortable with working at a granular level and discussing high level matters with the regional top management. Owing to the sensitive nature of topics managed, the utmost integrity and professionalism is expected.
This challenging role will provide the successful candidate with a unique opportunity to apprehend the various businesses of a top-tier investment bank and to play a key role in a pivotal moment of Compliance Cultural change. The position will involve constant interaction with senior management, business lines, and various compliance and Operational teams.

Profile required

  • Master Degree: Business school or university in Banking / Finance, Economics or Risks
  • Banking or audit firm experience of 10-15 years
  • Fluency in both written and spoken English
  • Advanced level skills in Microsoft Office Suite and strong interest in new technologies 
  • Knowledge on operational risk (incidents, risk assessments, permanent controls)
  • Experience in tools such as PowerBI / Dashboard

Business insight

Company Description
Societe Generale is one of the leading European financial services groups. Founded in 1864, we have been playing a vital role in the economy for over 150 years. With more than 133,000 employees based in 61 countries worldwide, we accompany 32 million clients throughout the world on a daily basis. Based on a diversified universal banking model, the Group combines financial strength with a strategy of sustainable growth.

ASIA-PACIFIC (ASIA), as one of the Business Units of Societe Generale, operates in 12 locations across the Asia Pacific region, employing over 2,500 employees with the regional headquarter located in Hong Kong. Our activities here are centered on Societe Generale's Global Banking & Investor Solutions pole (GBIS), a major growth engine for the Group and a key pillar of Societe Generale's universal banking model. Our expertise in Asia Pacific ranges from Corporate & Investment Banking (Advisory, Financing and Global Markets) to Asset Management, Global Transaction Banking and specialised financial services like Equipment & Vendor Finance and Vehicle Leasing & Fleet Management. In addition, Societe Generale's Global Solution Centre (SGGSC) in Bangalore and Chennai offers customised business solutions to the Societe Generale Group globally including ASIA.

Department Description

The Asia-Pacific Compliance division ("CPLE"), has a local presence in Australia, China, Hong Kong, India, Japan, Korea, Singapore and Taiwan (~120 staff in total). Our primary focus is to support CIB activities (global capital markets & global structured finance).

Hong Kong is the regional Compliance hub; it is also the regional business hub. The Hong Kong Compliance team is approx. 40+ staff and split into 6 areas of expertise:

  • Advisory to Capital Markets Business Lines
  • Advisory to Global Investment Banking Business Lines
  • Capital Markets Surveillance 
  • Assessment, Monitoring & Testing
  • Financial Crime Unit
  • Central Compliance & Regulatory Affairs
  • Chief Operating Officer (COO) 

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000B7W
Entity: Societe Generale Hong Kong Branch
Starting date: immediate
Publication date: 2022/05/13