Operational Risk Manager, Australia

Permanent contract|Sydney|Risks

Operational Risk Manager, Australia

Sydney, Australia Permanent contract Risks


Primary Objectives

  • Acts as Local Head of Operational Risk Management (ORM) for Société Générale Australia entities.
  • Main responsibilities encompass Operational Risk Management (including operational incidents management, Risk & Control Self-Assessment, processes & controls review and checks), Crisis and Business Continuity coordination, Oversight of outsourced and offshored services.
  • Provides support to Local Management and Regional Operational Risk Management team on above activities and in planned and ad hoc projects assigned.

Major Accountabilities and Responsibility

  • Incident management:  Coordinate the incident reporting in the dedicated tools, ensure timely reporting with accurate data, take the lead on incident investigation ensuring adequate remediation plans are defined and tracked to resolution.
  • Risk & Control Self-Assessment (RCSA): Perform annual RCSA assessment for identified Business Units / Support Units and support regional teams for RCSA performed centrally.
  • Permanent control:  Act as local Control & Operational Risk Officer, ensuring proper implementation and monitoring of 1st Line of Defense permanent control framework.
  • Cyber Security: Ensure implementation of regional / global standards on Data & Cyber Security (DCS) and ensure timely feedback is provided to the regional DCS team on upcoming regulatory requirements.
  • Outsourced services: Act as a relay, coordinating the deployment of new framework on Outsourced Services as well as operational monitoring campaigns. Assist local managers in complying with the required end to end lifecycle OS monitoring. Act as Risk Expert to assess specific categories of risks.
  • Business Continuity Management (BCM): As local BCM manager, assisting Departments in devising effective recovery procedures and ensuring implementation of agreed recovery strategy for minimum disruption to business. Coordinates annual testing plan execution and crisis management exercise.
  • Local governance: Organize and lead Operational Risk Committee, Outsourcing Committee, Business Continuity Management Committee in line with terms of reference defined.
  • Training and Awareness: Define the required local and transversal training needs related to operational risk and control environment, including new joiner training and trainings to all staff. Monitor timely completion of mandatory E-Learning, organize periodical communication on Operational Risk guidelines and best practices.
  • Transversal activities: Ensure audit recommendations are closed on time with appropriate action plans and controls in place. Ensure coordination and change management for the implementation of new operational risks systems and policies. Contribute to regional /global Operational Risk or local transformation project.

Profile required

Qualifications, experience & knowledge required

  • Solid knowledge of Operational Risk Management and Internal Control.
  • At least 8-10 years’ experience in corporate & investment banking, financial institutions, or a related field.
  • Knowledge of the regulatory environment.

Behavioural competency required

  • Good communication skills and Project Management / Coordination skills.
  • Good analytical skills, good work ethic, high level of integrity.
  • Fluent English writing, reading & speaking skills.
  • Experience of working (including remotely) with people with diverse, international backgrounds
  • Ability to work in a small team environment

Business insight

Société Générale, one of Europe's leading financial services groups and a major player in the economy for over 150 years, supports 30 million clients every day with 133,000 staff in 61 countries. Our Group draws on our European roots to develop our activities internationally. Our unique geographic positioning enables us to connect Europe, Russia, and Africa with major global financial centres in Asia and the Americas. The Group combines financial strength, proven expertise in innovation and a sustainable growth strategy with the objective of creating value for all our stakeholders. We seek to be a trusted partner in the projects of those building tomorrow's world today.

Société Générale has been present in Australia since 1981. Located in Sydney, we currently provide financing and advisory, as well as global markets solutions. Leveraging the strength of our client coverage and leadership in structured finance including energy, metals & mining, infrastructure finance, together with product and service offerings such as advisory and structured financing, debt capital markets, asset-backed products, and commercial real estate finance, Société Générale  supports our Australian wholesale clients in their financing and advisory needs, and serve our global clients who wish to access the Australian market with global banking services. Société Générale also provides global markets solutions by offering futures execution and clearing, equity derivatives sales and structured product distribution.

We are currently looking for an Operational Risk Manager. This is an exciting opportunity to join a fast-paced, results focused, global organisation that values diversity and that has strong growth ambitions for the Australian business. The successful candidate will play a critical role in securing and steering the operational risk framework in Société Générale Australia, working in close connection with local Departments and the Management team, as well as within the Asia Pacific network of Operational Risk Managers.

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, 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: 22000MO1
Entity: Société Générale Sydney Branch
Starting date: 2022/08/26
Publication date: 2022/07/27