ERM Officer
Responsibilities
The Risk Management Department contributes to the sustainable growth of the Societe Generale 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.
ABOUT THE JOB:
The Enterprise Risk Management department in the RISQ Division oversees risk management for SG Americas operations. Responsibilities include coordinating risk analysis reporting to various committees, establishing and monitoring risk appetite statements, enhancing risk identification and assessment frameworks, conducting stress testing exercises, overseeing strategic and environmental & social risk management, coordinating oversight of new products and activities, managing the Permanent Control framework, organizing risk management structures, overseeing issue management, and contributing to the development of a Governance, Risk, and Compliance (GRC) information system architecture.
WHAT WILL BE YOUR DAY-TO-DAY?
The risk professional sought for this position will be a member of the Permanent Control and Governance (“PCG”) team being part of the SG Americas Enterprise Risk Management department, reporting to the Head of Permanent Control and Governance who is in New York.
Day to day responsibilities include but are not limited to:
• Promote structuring principles and best practices related to ERM Frameworks under the PCG team’s purview and drive awareness among employees and senior management.
• Contribute to the supervision of Risk Governance for SG Americas: development and maintenance of the Enterprise Risk Management (“ERM”) Framework Policies, which sets the principles and governance of risk management for the Americas Region.
• Business analysis and project management for enhancements to the ERM frameworks.
• Contribute to the development and enhancement of the ERM “conceptual data model” (connections between the various dimensions to produce innovative studies and reporting, etc.).
• Oversight and management of the overarching Issue Management framework for SG Americas: development and maintenance of Issue Management Framework Policy and tool, oversight of the framework implementation and use, including integration into the broader risk management frameworks such as risk assessments.
• Issue and Events risk analysis, monitoring, reporting and escalation to senior management and committees.
• Coordination of relations with the Group stakeholders to ensure effective management of the ERM frameworks under PCG supervision.
• Ensure the role of “product owner” for selected GRC modules and referential under the PCG team’s ownership.
• Support transversal topics such as Regulatory Exams, change-the-bank activities, systems design, and presentations of SGUS risk profile to Senior Management both in the US and at Head Office level.
Profile required
SKILLS AND QUALIFICATIONS:
Must Have:
• 3+ years in the banking industry, preferably in a risk or compliance environment
• Bachelor’s degree in risk management, finance or business administration or related field; Master’s degree in related field and professional certifications such as Financial Risk Manager (FRM), Certified Analytics Professional (CAP), or Microsoft Certified: Power BI Data Analyst Associate (PL-300) are a plus.
• Ability to interact with business lines, management, and support functions and to provide effective challenge to members of business line and of risk management across the organization.
• Proven experience in delivering strong, well-structured presentations for senior leadership.
• Knowledge in risk management concepts and measurement techniques.
• Efficiency and ability to achieve results under tight deadlines and high pressure, strong problem-solving abilities.
• Management experience of teams with extensive coordination responsibilities.
• Understanding of key activities linked to a financial institution operating a large capital markets activity, inclusive of trading portfolios and lending activities in the Americas.
• Advanced knowledge of risk management governance, control, and project management skills.
• Ability to design and maintain dashboards, translate business needs into detailed BRDs (business requirement documents), and develop user stories to drive continuous improvement of GRC tools
• Proficiency in SQL for querying, data manipulation, and database management across various relational database systems.
• Strong experience with Power BI for data visualization, dashboard creation, and business intelligence reporting.
• Advanced skills in Microsoft Excel, including data analysis, pivot tables, and complex formulas.
• Proficient in Microsoft PowerPoint for creating clear and impactful presentations to communicate insights effectively.
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")
Why join us
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)
Business insight
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/careers/get-know-diversity/)
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.