Operational Risk Manager - Vice President

Permanent contract|New York|Corporate & Investment banking

Operational Risk Manager - Vice President

  • New York, United States
  • Permanent contract
  • Corporate & Investment banking


As a member of the Global Markets (MARK) Operational Risk Management (ORM) team, this position will be responsible for implementation, management and review of first line of defense controls for SG’s fixed income (FIC) business in the Americas.  The scope includes performing regulatory controls, managing programs and initiatives to enhance the risk & control framework, supporting risk assessments (e.g., RCSA), conducting breach management, and representing the business in governance forums.


  • Support fixed income sales and trading supervisors and business heads in all of their operational risk and compliance responsibilities, including performing delegated written supervisory procedures (WSP)
  • Understand and interpret applicable regulations, particularly those applicable to fixed income products and markets
  • Resolve issues and coordinate with technology, operations and compliance partners to remediate/enhance controls and processes, where needed
  • Support the MARK front office annual risk and control self-assessment (RCSA) campaign in collaboration with ORM busines line coverage teams, desk heads and 2L risk functions
  • Manage the firm’s TRACE reporting program, including participation in trade reporting governance forums
  • Coordinate Best Execution and 15c3-5 reporting and governance committees
  • Identify issues, assess the adequacy and effectiveness of the front office control framework in place to reduce risk, propose action plans to mitigate the residual risks and follow-up on the implementation of action plans.
  • Collaborate with the business lines to proactively improve risk management in the MARK Front Office.
  • Deliver regular management reporting on compliance and operational risk topics, analyzing and offering insights on front office supervision and risk culture.
  • Contribute and participate in various risk and supervision related working groups and committees as required.
  • Represent fixed income business stakeholders in global regulatory programs, such as Dodd-Frank, Volcker, MIFID, etc.
  • Provide answers on front office operational risk topics alongside internal and external auditors and examiners.

Profile required

  • Bachelor’s degree or U.S. equivalent in Finance, Financial Engineering, Engineering, Economics, Information Systems, Mathematics, Business or a related field
  • Must have 7 years of experience at a global financial institution working with processes relating to capital markets products.
  • Experience in a similar roles a plus – such as Front Office controls, Business Management or Support (e.g., Trade Support, FO Technology), or other control functions (e.g., Testing, Audit, Compliance Advisory). Any experience managing projects and leading groups to execute business initiatives (including technology and process improvements).

Business insight

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.
For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision: 
•     Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
•     Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents 
•     Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.


Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.

Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.

Reference: 24000F2I
Entity: SG Americas Securities
Starting date: 2024/07/22
Publication date: 2024/05/31
Salary or Compensation Range: $126,000 - $275,000