Senior Market Risk Manager - FIC

• Analyze transactions and provide authorization according to the local and global framework
• Provide a framework of limits/thresholds for the market risk according to the delegation set-up according to the local and global delegation framework
• Take part in the validation of new products proposed by FO (Local and Global NPC)
• Take part in the validation of limit increase requests

Local responsibilities will include:

• Detect and address US specifics: market dynamics & trends, products, client activities
• Contribute for US to the definition and validation of the global RISQ/MAR policies and methodologies
• Identify new risks or potential improvements to risk measurement methodology and implement changes
• Analyze and report risks to general management (Monthly Risk Management Committee & contribution to Group reporting)
• Ensure that market risks are well understood, correctly measured and timely reported - spread risk culture locally and support local CRO
• Ensure the risk framework is consistent, comprehensive and up-to-date
• Ensure that you meet local regulators requirement
• Exchange with high level local management of business lines and support functions
• Ensure good relationship with local Management, business lines, support functions, auditors and regulators

DIVISION DESCRIPTION: 
The Risk Management Department contributes to the sustainable growth of the Societe Generale group through its expertise, understanding of risks, and risk management techniques. The department’s mission is to independently analyze, assess, manage and monitor risk-taking activities with the objective of achieving, together with the first line-of-defense, the best possible outcome for the bank.  The department oversees the enterprise, strategic, credit, market, liquidity, operational, model, and other risks of the corporate and investment banking business activities.

Risk on Market Activities (RISQ/AME/RMA) is the team of SG US Risk division overseeing the risks taken by market activities within SG, either booked in the SG or originated in the US. More specifically, RISQ/AME/RMA oversees market risks, counterparty risks for Prime, Hedge Fund and CCPs, liquidity and structural risks and model risks for pricing and liquidity risk models. The team also designs Market and Counterparty risk models and metrics (VaR, Stress VaR, Credit VaR, …). Finally, the team monitors and certifies market and counterparty risk metrics and the P&L for market activities.
RISQ/AME/RMA functionally report to the global RISQ/RMA team, headed in Paris.
RISQ/AME/RMA/MRF is the team in charge of the market risk framework and associated methodologies.
The scope covers the combined US operations (CUSO), and all operations originated in the U.S., Canada or Brazil (“AMERICAS”) that are conducted within the Americas business line and whose risks are managed and monitored in the Americas.
Key Purposes of the role:

• Ensure that market risks assumed by SG are properly assessed, measured, validated and managed in compliance with the bank’s risk policies and risk appetite.
  • Risk Assessment
  • Deal flow validation
  • Limit approvals
  • Participation in innovation processes (New Product Committees)
  • Regularly review the exposure and follow-up on excesses

Report the risks to the Management by conducting transversal portfolio analysis

SKILLS AND QUALIFICATIONS:
Must Have:

• Graduated from an Engineering or Business school
• Strong experience of market environment and capital market activities focused on FIC products including Rates Exotics products, Structured products and Derivatives
• Solid technical expertise on risk assessment- including cross market/counterparty risks
• Ability to manage in an international environment
• Very high communication standards
• Ability to work well with various departments within SG (Global Markets, partner with Finance, Legal, Compliance and international teams) 

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.
For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

D&I: 
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/)

HYBRID WORK ENVIRONMENT:
For most positions, 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.

COMPENSATION & SALARY RANGE:

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.