Enterprise Risk Management Officer- Risk Appetite and Assessment

The risk professional sought for this position supports the Risk Appetite and Assessment team’s initiatives, reporting to the Head of Risk Appetite and Assessment who is located in Montreal. The Risk Appetite and Assessment team is part of the SG Americas Enterprise Risk Management Team. This role involves contributing to the identification, assessment, and management of risks, collaborating with various teams to ensure effective risk governance and compliance with regulatory requirements.

 Day-to-day responsibilities include but are not limited to:

·       Risk Appetite and Assessment: assist in maintaining and enhancing the Risk Appetite Statement for SGUS, including supporting the annual review, reporting and escalation processes.

·       Risk Identification and Assessment:

o   Contribute to the enterprise-wide risk identification program, partnering with the second and first lines of defense to report on material risks.

o   Support the development and maintenance of an enterprise-level analytics / Key Risk Indicators program to facilitate independent assessment and challenge.

·       Enterprise-wide stress testing program: participate in the maintenance of the enterprise-wide stress testing program in alignment with regulatory guidelines (FRB SR 12-7).

·       Enterprise-wide risk reporting: support the coordination of enterprise-level risk committees across the Americas, reporting to SG AMER Senior Management.

·       Strategic Risk: participate in the bank’s management of strategic risk.

·       Risk Management maintenance and improvement:

o   Maintain up-to-date enterprise-wide risk management frameworks (Risk Taxonomy, Risk Rating methodology, etc.).

o   Support the continuous improvement of risk management processes, tools and practices.

o   Promote a strong risk culture and maintain an effective risk management framework by collaborating with various areas of the firm.

o   Assist in efforts to raise self-identified issues and to remediate existing issues.

o   Support overarching initiatives such as the remediation of independent findings (Regulatory, Testing, Audit).

o   Support transversal topics such as regulatory exams, change-the-bank activities, presentations to Senior Management both in SG Americas and at Head Office level.

Division Description:

The Risk Management Department contributes to the sustainable growth of the Société Générale group through its expertise, understanding of risks, and risk management techniques. The department’s mission is to independently analyze, assess, manage and monitor risk-taking activities with the objective of achieving, together with the first line-of-defense, the best possible outcome for the bank.  The department oversees the enterprise, strategic, credit, market, liquidity, operational, model, and other risks of the corporate and investment banking business activities.

The Enterprise Risk Management function is responsible for identifying, measuring, assessing, monitoring, controlling, and reporting on all risks facing SG AMER. Enterprise risk management is a pro-active, continuous approach to risk management that provides SG AMER with a comprehensive, integrated view of its risks and enables management of risks across its operations consistently and in line with its business and strategic objectives.

Skills and Qualifications:

Must Have:

·       5-10 years of experience in a relevant role within risk management or a related field;

·       Experience with risk identification and assessment, management of risk committees with the ability to clearly communicate outcomes/proposals to management. Strong understanding of risk management concepts and measurement techniques.

·       Knowledge of one or more risk types (e.g., credit, operational, market, liquidity risk).

·       Experience in preparing structured presentations and synthesizing information for various audiences.

·       Bachelor’s degree in risk management, finance, business administration, or a related field; Master’s degree is a plus.

·       Proficiency in quantitative concepts and practices.

·       Familiarity with activities linked to financial institutions operating in capital markets, including trading portfolios and lending activities.

·       Strong MS Office skills (Word, Excel, PowerPoint) and capability in data analytics.

·       Excellent oral and written communication skills with the ability to influence and engage stakeholders effectively.

·       Strong problem-solving, analytical, and critical thinking skills.

·       Ability to work under pressure and meet tight deadlines.

·       A proactive, curious, and resourceful approach to work with a hands-on attitude.

LANGUAGE: 

Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States.

Due to US Federal Securities law applying to this position, candidates who will apply for this position will be required to submit to an enhanced background screening, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority ("FINRA")

OUR BENEFITS:

WHAT WE DO DIFFERENTLY AT SOCIÉTÉ GÉNÉRALE

Competitive compensation & benefits offering, including but not limited to:

• Minimum of 20 Vacation days + 4 personal days 
  • Supportive Maternity, paternity, parental and adoption leave policy 
  • Health spending ($2,000/year) and personal spending ($1,000/year) accounts with 75+ eligible reimbursement categories (health, training, electronics etc.)

Fully sponsored virtual healthcare assistance and Employee Assistance Program to you and your immediate family

Various Employee Resource Groups (ERG) to engage with such as Pride and Allies, American Women Network, Black Leadership Network, One planet, etc.

• A culture of continuous development by encouraging our employees various training programs (online training and coaching platform such as Coursera, GoFluent, Pluralsight, First Finance, and others)

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

OUR CULTURE: 
At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate. For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

D&I: 
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.
Our Diversity & Inclusion Vision:

• Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
• Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents
• Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

HYBRID WORK ENVIRONMENT:
Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable business lines will determine and communicate the work arrangements that best meet their business needs.