V.I.E. Model Risk Manager Junior

The main role of the Risk Division (RISQ) is to support the development of the Group’s activities and profitability by defining the Group’s risk appetite (allocated between the Group’s different business lines) in collaboration with DFIN and the BUs/SUs and establishing a risk management and monitoring system as a second line of defense. In performing its work, the RISQ SU reconciles independence from the businesses with a close working relationship with the BUs, which are responsible in the first instance for the transactions they initiate.

The Model Risk Division (RISQ/MRM) is responsible for model risk management for the Group, since 2018. RISQ/MRM manages the second line of defense in such respect and supervises the model risk management service. As such, RISQ/MRM oversees the Group’s model risk governance, supervises all model independent review teams within the Group and conduct the models independent review within its scope.

The missions of the Model Risk Manager Junior are part of the reinforced context of regulatory for European market (ECB banking supervisory), accounting and sound management requirements, relating to the supervision and review of models and their challenges.

In this role, you will be responsible to conduct works and reviews related to internal models of the bank :

• Understanding of the credit life cycle, drivers of credit risk, model life cycle and basic understanding of components for computing RWA (PD, LGD, CCF, Correlation) and ECL to be able to challenge the LoD1
• In-depth statistical understandings and application of statistical knowledge to day-to-day deliveries (reviews, transversal, etc.) encompassing but not limited to, econometric modelling using univariate and multivariate cross-sectional and time series and techniques to evaluate risk differentiation, risk quantification and stability aspects of model(s)
• Manage intermediate level case studies and challenges with minimal supervision
• Refer to governance/organization and regulation for the European market (BASEL, IFRS9, etc.)
• Able to brainstorm and challenge to find the solution or escalate the problem. Taking initiatives and participates in the life of the team (regular participation in internal MRM workshops, sharing of his knowledge including technical, organization of events ...)
• Contribute to preparing presentations for model and expert committees
• Interact with multiple stakeholders at Group level

A questionnaire will be provided to you in order to check your VIE (Société Générale and Business France) eligibility. For an efficient analysis of your application, please make sure to truthfully answer all the questions.  

Please note that it is mandatory to provide us a formal proof of your M2 diploma validation before the assignment start date. No VIE mission will start without this document. *Grade sheets are not accepted as justification of diploma.

PLEASE NOTE that since this program is primarily an international development program, candidates cannot apply to a VIE assignment in their own country of citizenship.

To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.

Studies & experience:

• Graduate with a Master degree from Business/Engineering School or University with a specialization in quantitative disciplines (Statistics, Economics, Mathematics & engineering)
• General/good knowledge and strong interest in industry practices pertaining to model risk management, preferably credit risk domain along with basic regulatory understanding of Basel I/II/III/IV, CRR, IFRS9 and ECB guidelines and standards

Language skills:

• Fluent in English

Technical, operational & soft skills:

• Good communication and presentation skills : (i) clear and concise communication skills, (ii) listen actively, ask questions, and clarify points, and (iii) fluent in writing reports to deliver technical documentation
• Very good programming and logical skills (SAS, R and/or Python)
• Proficient/Good command of MS Office (Excel, Word, PowerPoint)
   

The VIE assignment in a nutshell

This VIE in Bangalore is to begin November 1st, 2026, but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 12 months.

The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information (including your financial indemnities), please see Mon VIE-VIA Business France.

As soon as you arrive, you will be integrated into our teams and will learn every day alongside our experts, who will support you in your tasks. Gradually, you will become more independent in your projects, making this experience a real career accelerator. You will also discover all the diversity of our businesses, in a sector that is constantly evolving and innovating.

At the end of your VIE, various opportunities could be offered to you, in France and abroad.

At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.

Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.

If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating?

You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.