The RISQ Division's mission is to contribute to the development of the SG Group's activity by facilitating the objectives of the Business Lines while maintaining independent oversight through risk evaluation and monitoring. The RISQ division in the US supports all the activities in the Americas Region (US, Canada and Latin America), which is almost exclusively SGCIB-oriented.
Risk on Market Activities (RISQ/AME/RMA) is the team of SG US Risk division overseeing the risks taken by market activities within SG, either booked in the SG or originated in the US. More specifically, RISQ/AME/RMA oversees market risks, counterparty risks for Prime, Hedge Fund and CCPs, liquidity and structural risks and model risks for pricing and liquidity risk models. The team also designs Market and Counterparty risk models and metrics (VaR, Stress VaR, Credit VaR, …). Finally, the team monitors and certifies market and counterparty risk metrics and the P&L for market activities.
RISQ/AME/RMA functionally report to the global RISQ/RMA team, headed in Paris.
RISQ/AME/RMA/MRF is the team in charge of the market risk framework and associated methodologies.
The scope covers the combined US operations (CUSO), and all operations originated in the U.S., Canada or Brazil (“AMERICAS”) that are conducted within the Americas business line and whose risks are managed and monitored in the Americas.
Key Purposes of the role:
- Ensure that market risks assumed by SG are properly assessed, measured, validated and managed in compliance with the bank’s risk policies and risk appetite.
- Risk Assessment
- Deal flow validation
- Limit approvals
- Participation in innovation processes (NPC)
- Regularly review the exposure and follow-up on excesses
- Report the risks to the Management by conducting transversal portfolio analysis