Operational Risk Second Level Controller

 New York - United States, United States       Permanent contract        Risks

Responsibilities

Day-to-day Responsibilities:

  • Execute the annual Control Plan by performing Second Level Control testing to provide an overall assessment of the first level control framework, design, and operating effectiveness:
    • Analyze and challenge first level managerial controls and extending progressively to other core operational controls, procedures, risk governance, and KRIs.
    • Review the controls set up and documentation to ensure mitigation of the identified risk
    • Challenge the assigned operational risk taxonomy category
    • Test the control execution by reperforming the control
    • Review anomalies and associated action plans
    • Assess the appropriateness of the control framework
    • Identify and propose remedial actions to improve control design or execution (focusing by priority on key weaknesses).
  • Prepare a report summarizing the results and findings of each second level control testing for the management of the Business Unit/Service Unit.
  • Discuss results and findings with relevant stakeholders including the business or function being tested.

Ensure findings are properly escalated and that related remedial actions are monitored and adequately implemented in a timely fashion 

Profile Required

COMPETENCIES

Required:

  • Knowledge of operational risk and associated framework
  • Excellent oral and written communication skills to effectively interact with all levels of professionals
  • Must be able to work collaboratively within a complex organization, across multiple cultures, geographies and disciplines.
  • Strong analytical skills with high attention to detail and accuracy
  • Excellent organization skills and capable of testing in a variety of different areas simultaneously.

TECHNICAL SKILLS

Required:

  • Proficiency of Microsoft Word, Excel, and PowerPoint

 

Desired:

  • Operational Risk tools knowledge (SG or Industry)

 

PRIOR WORK EXPERIENCE

Required:

  • Minimum of  3 to 5 years in a financial services firm
  • Working knowledge of an Investment Bank’s products, processes, and control framework

Desired:

  • Testing/monitoring or audit experience
  • Prior work experience in a financial services firm 

EDUCATION

Required:

  • Bachelor’s Degree in Finance or other relevant field.

Risk Management 

Employees should understand the institution’s approach to risk management and their respective roles in supporting a strong risk culture, as outlined in the SGUS Operations Enterprise Risk Management Framework.


Our Culture 

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. Société Générale 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.


Business Insight

The RISQ Division's mission is to contribute to the development of the SG Group's activity by facilitating the objectives of the Business Lines while maintaining independent oversight through risk evaluation and monitoring. The RISQ division in the US supports all the activities in the Americas Region (US, Canada and Latin America), which is almost exclusively SGCIB-oriented. 

All our positions are open to people with disabilities

Job code: 190006FG
Business unit: SG AMERICAS OPERATIONAL SECURITIES
Starting date: Immediate
Date of publication: 05/11/2019
Share on

Operational Risk Second Level Controller

Permanent contract   |   New York - United States   |   Risks