Risk Control Testing Officer

Permanent contract|Jersey City|Risks

Risk Control Testing Officer

Jersey City, United States Permanent contract Risks

Responsibilities

The Control Testing Officer will be part of the RISQ Control Testing team leading Regulatory risk testing covering Operational based Laws, Rules and Regulations (LRR).  Testing Officer is expected to have a high degree of independence and autonomy. The primary responsibilities will include, but not limited to:
•    Organizing and leading interviews and meetings on RISQ testing reviews with business unit and support unit clients and senior team members; providing concise and comprehensive debriefing presentation
•    Challenge the First/Second Line of Defense in the adherence to applicable LRR, identification of associated risks, and the corresponding risk mitigation method(s).
•    Independently and autonomously driving parts of the testing process, ie: suggest areas for review, propose testing procedures to be performed; identify risk on a process; propose relevant sampling strategies, etc.
•    Preparing high quality workpapers that support the findings and conclusions
•    Performing as the lead on testing reviews, ie: define control procedures, determine the scope, priorities, time schedule and budget; identify root causes, develop recommendations, etc. 
•    Providing high quality and impactful testing reports, including executive summaries 
•    Following up on the implementation of recommendations and the action plans
•    Participating in department wide transformation projects and actively contributing, communicating and implementing the changes, and supporting others through the process
 

Profile required

Technical Skills:
•    Demonstrate a good understanding of banking and brokerage products, and operational processes, with a focus on testing Laws, Rules and Regulations and their associated risks (regulatory, legal, credit, market, operational, etc.)
•    Have in-depth knowledge and understanding of testing methodology and report writting
•    Strong skills / knowledge of MS Office Products (e.g. Excel, Outlook, etc.) 

Competencies: 
•    Strong prioritization, organizational, time management skills; able to respect and deadlines; proactively seek guidance when needed 
•    Demonstrates willingness and readiness to help/support others  
•    Demonstrates curiosity, motivation, enthusiasm; understands and recognizes own strengths; looks for opportunities for self-development 
•    Establishes relationships with junior team members and actively coaches, shares knowledge with others 
•    Have confidence and the ability to lead discussions with senior team members 
•    Demonstrates openness to new ideas and suggestions and able to propose new ideas and enhancements; know when to escalate challenges 
•    Strong analytical skills, able efficiently utilize data analytics tools to extract and analyze large data 

Education/Experience:
•    Bachelor's degree degree in Business, Accounting, Finance, Economics or other relevant topic
•    7+ years of work experience in financial services, internal auditing, or relevant risk management positions
•    Experience managing testing process

Desired / Plus: 
•    Work experience in relevant business or risk management function within corporate/investment bank
•    Good working knowledge of audit principles
•    Certifications/licences CIA, CPA, CFA, FRM, Series 7

Required Registrations: Certified Internal Auditor (CIA) (Desired)

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. 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.

 

Business insight

Independent from the Business Lines, the Risk Management (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, monitoring and testing. The RISQ division in the US supports all the activities in the Americas Region (US, Canada and Latin America), which is almost exclusively corporate and investment banking (GBIS) oriented.

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.

Reference: 2100056V
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: 2021/03/29
Publication date: 2021/02/23
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