Market Risk Framework Analyst-VIE London

 London - Great Britain       International Volunteer Program        Corporate and Investment Banking

Responsibilities

Summary of the key purposes of the role:

• Help following-up the activity of trading desks in Europe, including close collaboration with teams in charge of data computation and excess follow-up
• Follow-up the market moves on a daily basis, in line with the positions on the trading desks
• Shaping the agenda for the Risk Management Committee including comprehensive assessments and proposals to enable strategic, effective and timely decisions by senior management
• Help detect UK specific market dynamics or alert both UK and Global management about key market events


During your VIE mission you will be in charge of these responsibilities:


• Extract relevant information from periodic reporting to detect trends or assist in performing a cross-asset control
• Develops key tools to produce metrics links to overshoot statistics, limits in place, transversal graphs and overall risk metrics deployed at UK level
• Actively contributes to key transversal topics such as income attribution, independent price verification, VAR Back-testing summaries and trouble-shooting 
• Communicate with Paris or local risk factor experts on stress test shocks calibration, Stress Test changes impact on UK perimeter, ad-hoc stress testing review, as well key risk factor review mechanisms
• Interacts with Risk production teams to develop robust stress testing as well with RISQ-COO team to detailed specifications to ensure risk metrics, risk methodologies and risk limits are properly reviewed and documented from a quantitative point of view. 
• Develops understanding of main metrics to be able to report on key, high-level synthetic summaries to be included in committee Information Pack, as well as developing additional supporting documents based on management request
• Develops in-depth understanding of risk-setting process, Regulatory metrics, Stress Testing (Historical, Hypothetical and Adverse Scenarios)


Profile Required

Graduate with a Master degree from Business/Engineering school or University, majoring in Finance.

A previous experience in Investment Banking would be appreciated.

You are fluent in English.

You are proficient in Office application.

The VIE assignment in a nutshell  

This VIE in London is to begin as soon as possible but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 12 months.

The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information, please see www.civiweb.com.

Why Join Us

To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.


Business Insight

At Société Générale, you will be joining the Risk department. Its job is to contribute to the development of Société Générale’s business and profitability by defining the Group’s appetite for risk, in liaison with the Finance department and the core businesses. The Risk department is also responsible for implementing the system used to control and monitor risks.

The main mission of the Risk Management Division (RISQ) is to contribute to the sustainable development of the Société Générale Group's (the Group) activities and profitability by defining, with Finance Division and Business Units, the Group’s risk appetite (adapted in the Group's different business lines) and by establishing, in its role as second line of defense, a risk management and monitoring system. In carrying out its duties, RISQ combines independence from the business lines with a close collaboration with core businesses which are responsible in the first instance for the transactions they initiate.

RISQ/RMA oversees risks on market activities combining the following missions:
- compute, analyse and certify PnL & Risk metrics
- determine the market risk framework, the metrics used to monitor risks and the reserves for market transactions, validate specific transactions (deal flow), and analyse exposure
- determine the counterparty risk management framework for hedge funds and clearing houses (large atypical market participants), validate specific transactions (deal flow), and analyse exposure
- design regulatory market and counterparty RWA models, perform quantitative audits of valuation models, and approve and manage structural risk and liquidity risk models and frameworks;

Located in London, RISQ/RMA/UK oversees risks on market activities for the UK perimeter. As such, it performs on its perimeter most risk management tasks under the responsibility of RISQ/RMA.

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.

Job code: 19000UU3
Business unit: SG CIB
Starting date: 01/02/2020
Date of publication: 28/11/2019
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Market Risk Framework Analyst-VIE London

International Volunteer Program   |   London - Great Britain   |   Corporate and Investment Banking