Internship/Enterprise Risk Management Stress Testing

Within the RISQ Division, the Enterprise Risk Management department has the following remit, across all risk types to which SG’s Americas operations (SG AMER) are exposed:

• Coordinate risk analysis reporting to risk committees, including SG’s Enterprise Risk Committee, Executive Committee’s Risk Committee, and SG’s Board of Directors Risk Committee;
• Establish, and monitor adherence to, Risk Appetite Statements for SG AMER and its business lines;
• Coordinate and enhance SG AMER’s risk identification and assessment framework, and conduct periodic risk identification and assessment campaigns;
• Coordinate and enhance SG AMER’s stress testing framework, and conduct periodic stress testing exercises;
• Coordinate the Permanent Control framework in SG AMER;
• Organize and monitor SG AMER’s risk management framework, risk committees, and roles and responsibilities for all lines of defense;
• Oversee SG AMER’s policies and procedures; and
• Contribute to the development and usage of a “Governance, Risk and Compliance” (GRC) information system architecture across SG AMER.

Main Accountabilities

The risk professional sought for this position will be a member of the Enterprise Stress Testing (STT) team being part of the SG US Enterprise Risk Management Team.

Day to day responsibilities include but are not limited to:

• Coordinating various stress testing initiatives across several risk types, including but not limited to Market Risk, Wholesale Credit Risk, Counterparty Credit Risk, Operational Risk and Financial (PPNR-Pre-Provision Net Revenues) forecasting.
• Work closely with other support functions including COO and IT to develop stress testing automation and  infrastructure, including interactive data visualization techniques, while ensuring a consistent framework is applied.
• Analyze and review stress test outputs or assumptions proposed by 1st line of defense or risk officers
• Define and enhance standards and controls by providing effective challenge from a 2nd line of defense standpoint
• Enhance economic and financial scenario design incorporating forecasts for Risk Economic Research, Regulatory Scenarios as well as develop ad-hoc scenario design while maintaining macro-economic variables forecasts and expansions