Risk Administrator - Internship

 Dublin, Ireland       Fixed term contract        Risks

Responsibilities

Description of the Business Line or Department

SGSS/CAO/OPE is the function as defined in the SG Code section relating to Business Unit “first-level control relay” (“RCCN1”, Book A / Title IV / Chapter 2 / Section 1) for SGSS. Its responsibility is to support the management of operational risks for the activities of SGSS.

Within SGSS/CAO/OPE, the Risk Administrator is the 1st Line of Defence (1LoD) entry point on all matters relating to operational risk for operational managers and staff

Summary of the key purposes of the role

The Risk Administrator provides 1st Line of Defence knowledge and support in the management, oversight, and first level challenge of operational risk across functions. 

The purpose of the role is to ensure that each department operates within the confines of Group level directives on Operational Risk Management, Internal Control, and Compliance.

The scope for this role encompasses all staff and activities of SGSS in Ireland, hosted within the Société Générale Dublin Branch & Société Générale Securities Services, SGSS (Ireland) Limited

Summary of responsibilities

Key responsibilities include:

  • Ensure day to day management of ORM deliveries, advising on operational risk subjects and associated processes, for relevant LOD1 stakeholders and local management.
  • Assist business partners in the process of identifying, assessing, recording, and remediating operational risk.
  • Raise the level of awareness about the risk culture within operational teams together with SGSS business lines
  • Provide support and first level challenge of all operational risk related processes, including but not limited to: RCSA process; incident management; KRI reporting; process reviews, action plan completion, including audit recommendation progress tracking.
  • Recording of operational incidents within the Group’s internal incident management platform, and their subsequent handling / management in line with appropriate procedures.
  • Support the organisation of the local operational risk governance including the production and presentation of dashboards.
  • Implementation and maintenance of the first level (operational) control framework as well as of the supervisory / second level Permanent Supervision control framework.
  • Liaise with 2LoD in relation to risk management standards applicable to Ireland and collaborate on incident management matters and investigations (as per relevant thresholds).
  • Coordinate with central teams and local management to ensure SG Group operational risk management standards, as well as local standards (as applicable), are met.
  • Assist in identifying and assessing opportunities for task optimisation, incl. enhancing automation of reporting / dashboarding and usage of transversal/offshore resources.
  • Oversight of credit risks: Overdrafts and client’s risk scoring
  • BCM: Ensure that the local entities have a BCM framework in line with the Group standards

Level of autonomy and authority

Low.  The successful candidate will have some autonomy and authority to effectively conduct ORM responsibilities.

Profile Required

Competencies

  • Ability to identify key operational risk issues, to summarise them efficiently, and to escalate them in an appropriate and timely manner.
  • Strong understanding of the key appropriate regulations applicable to the perimeter and wholesale banking.
  • Compliant with confidentiality requirements.
  • Good understanding of Securities Services activities is preferable, but not essential.
  • Ability to establish strong interpersonal links; confident communicating at all levels with key decision makers in the departments in the UK, other SGSS locations and elsewhere within the Group.
  • Excellent coordination skills (across and between Bus/SUs).
  • Ability to work with a degree of autonomy and be responsible for following matters through to completion.
  • Team player, must be able to step up and cover broader roles within a team environment

WORK EXPERIENCE

  • Similar function in the financial industry

EDUCATION

  • University degree or equivalent

LANGUAGES

  • Moderate level of fluency in the English language
  • French an advantage

Why Join Us

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different

Business Insight

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Societe Generale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender reassignment

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: 20000LUV
Business unit: Société Générale Securities Services
Starting date: 14/12/2020
Date of publication: 07/10/2020
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Risk Administrator - Internship

Fixed term contract   |   Dublin   |   Risks