Operational Risk Officer

Permanent contract|Montreal|Risks

Operational Risk Officer

Montreal, Canada Permanent contract Risks

Responsibilities

Division Description:

The Control Assessment, Monitoring and Testing (CTL) group sits within Société Générale in the U.S. (“SGUS”) Compliance and RISQ and operates as part of the 2nd Line of Defense within a “Three Lines of Defense” model. CTL is a key component of the SGUS risk management program and provides risk-based independent testing of controls related to the management of compliance and operational risks across business lines, support units (i.e., compliance, information technology, operations, human resources, data office, etc.) and legal entities.

The primary objective of the CTL Testing team is to evaluate policies, procedures and internal controls to assess whether they are reasonably designed and in the case of transaction testing, that controls are working as intended to ensure SGUS activities comply with applicable Laws, Rules and Regulations.

Day-to-Day Responsibilities: 

The candidate will be responsible for leading the execution of Testing reviews as part of the Annual risk-based Testing (CTL) Plan. Responsibilities will include:
•    Gathering information sufficient to understand the process, risks and controls to be tested;
•    Developing the testing program and testing scripts for reviews;
•    Documenting review work with enough detail that a third-party can reasonably understand the testing performed and the results of testing;
•    Identifying issues through testing, ensuring that appropriate action plans are being developed by the business to correct the deficiencies noted; 
•    Discuss results and findings with relevant stakeholders including the business or function being tested;
•    Developing final testing reports to document and formally communicate testing results to stakeholders;  
•    Validating that the business has completed the agreed upon action plans by the due date; 
•    Assisting the Compliance Testing Head with development of the annual risk based CTL Testing Plan;
•    Maintain regular engagement and provide feedback to key business and Compliance stakeholders. 

Profile required

Competencies, Skills and Qualifications: 

Competencies:    
•    Strong working knowledge of compliance and operational risk and associated framework;
•    Strong attention to detail;
•    Ability to work independently;
•    Strong interpersonal and written/verbal communication skills;
•    Ability to communicate well across all levels of an organization;
•    Knowledge of Banking, Broker-Dealer and FCM-related risks and regulations;
•    Understand the business and applicability of regulations to identify key risk areas for the review and focus on the key areas for testing; 
•    Strong analytical, problem-solving and organizational skills (capable of handling multiple, simultaneous, and various ad-hoc requests);
•    Demonstrated history of taking initiative;
•    Must be able to work collaboratively within a complex organization, across multiple cultures, geographies and disciplines;
•    Ability to prioritize and work in a dynamic, deadline-focused environment.

Technical Skills & Knowledge: 

•    Proficient in Microsoft Word, Excel, and PowerPoint;
•    Excellent writing skills;
•    Securities licenses a plus.


Prior work experience:
•    7-12 years experience in the financial services;
•    5-7 Compliance testing or audit experience required;
•    General knowledge of applicable regulatory requirements and expectations related to investment banking and broker–dealer activities and AML experience a plus.

Qualifications (Experience, Education, Languages):
•    B.A./B.S. required
•    English

Desired:
•    French speaking a plus

Why join us

What we do differently at Societe Generale:

Competitive compensation & benefits offering, including but not limited to:

Minimum of 20 days Vacation days + 4 personal days

Supportive Maternity, paternity, parental and adoption leave policy

Health spending ($2,000/year) and personal spending ($1,000/year) accounts with 75+ eligible reimbursement categories (health, training, electronics etc.);

Fully sponsored virtual healthcare assistance and Employee Assistance Program to you and your immediate family;

There are many Employee Resource Groups (ERG) to engage with such as Pride and Allies, American Women Network, Black Leadership Network, One planet, etc.

We foster a culture of continuous development by encouraging our employees to seek improvements through various training programs (online training and coaching platform such as Coursera, GoFluent, PluralSight, First Finance, and others)

Specific Context

Societe Generale is a global financial institution and one of the largest foreign corporate and investment banks. As such,
it has a diverse population which fosters opportunity to collaborate with colleagues in different countries as well as
access to international mobility. The firm recently unveiled its new brand platform “The Future is You” which not only demonstrates its commitment and responsibility to its clients, but also to its employees as their ideas and actions can

Business insight

Our culture

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit, innovation. These four values are centered around our clients. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. And we work to increase our impact on clients.

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: 22000J53
Entity: Societe Generale Capital Canada
Starting date: 2022/08/15
Publication date: 2022/06/16
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