Head of Risk on Liquidity & Structural Risks, APAC

Permanent contract|Hong Kong|Risks

Head of Risk on Liquidity & Structural Risks, APAC

Hong Kong, Hong Kong Permanent contract Risks

Responsibilities

The Head of RISQ/ASI/ALM contributes to Risk Management processes for Liquidity and Structural Risk booked in Asia-Pacific Entities in conjunction with the CROs of the entities.
This position reports to the APAC CRO and functionally to the Head of Structural and Liquidity Risks and keeps tight connection with global Asset Liability Management (ALM) teams.

In charge of the independent second level supervision and validation of:

  • the structural risk (market risk of the banking books) management framework, for entities in Asia-Pacific;
  • the liquidity risk management framework, for entities in Asia-Pacific;

Mission details (for entities in Asia-Pacific):

  • Understand and independently assess the adequacy of the mechanics and assumptions behind all the liquidity stress scenario analysis and pro forma cash flow reports
  • Independently monitor the liquidity risk profile of the institution in terms of cash flow
  • Validate the structural risk framework, including limits and threshold, proposed by the first line of defense
  • Validate the structural risk governance, proposed by the first line of defense

Profile required

  • 10+ years of managing risks (first or second line) and prior experience of Liquidity Risk Management
  • Good understanding of Investment Banking activities. Strong knowledge on liquidity and structural risk management
  • Experience on Asia Pacific markets and activities, Asia-Pacific regulations and regulators

Behavioral Skills

  • Team Spirit - Synergies: I make developing synergies within the Group a priority
  • Team Spirit - Collective mindset: I favour the company's best interest over my team's results
  • Innovation - Thinking out of the box/Creativity: I encourage and demonstrate positive out of the box thinking
  • Responsibility - Risk: In order to improve the Group's security, I am constantly on the lookout for risks

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 148,000 employees based in 76 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 Risk Division in Asia Pacific (RISQ/ASI) is responsible for identifying, measuring, monitoring approving, and controlling risks pertaining to the Group’s activities in the Asia Pacific (i.e. conducted by SG’s Asia-Pacific Business Unit - “ASIA BU” or booked in one of the Asia-Pacific entities). RISQ/ASI oversees credit/counterparty, market, liquidity, structural, operational and model risks while compliance  and reputational risks are under the supervision of Compliance Department. Strategic risk remains under the supervision of the Head of the ASIA BU.
RISQ/ASI/ALM is responsible for the oversight of Structural Risk and the Liquidity Risk for the activity booked in Asia-Pacific entities (in cooperation with entities CROs).

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, sexual or 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: 21000DDG
Entity: Societe Generale Hong Kong Branch
Starting date: 2021/07/01
Publication date: 2021/04/25
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