V.I.E. Risk Officer

Société Générale Securities Services (SGSS) is part of Global Banking & Investor Solutions (GBIS), a key pillar of Société Générale’s universal banking model.

SGSS is among the top ten global custodians, and the 2nd largest in Europe, employing over 4,000 staff in 28 locations.

SGSS has 4 primary divisions:

• SBO – Securities Banking Operations
• FSO – Fund Services Operations
• CML – Coverage, Marketing and Liquidity Management
• CAO – Support functions

Société Générale Securities Services (SGSS) has been active in Ireland for 20 years and is a leading player in servicing Irish domiciled and offshore collective investment vehicles. We act as depositary for a wide range of international clients who manage UCITS, Alternative Investment Funds including private equity and real estate structures, hedge funds and special purpose investment vehicles.  We can offer a full suite of Fund Administration and Transfer Agency Services through our sister company.

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.

In a very dynamic and growing business the Risk Officer will be involved in the following tasks:

• 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.
   

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 communicate us a formal proof of your M2 diploma validation at least 2 weeks before the assignment start. 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 Risk

Language skills:

• Fluent in English (B2-C1)

Operational, technical & soft skills:

• 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.

The VIE assignment in a nutshell

This VIE in Ireland is to begin as soon as possible, but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 24 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 Ireland 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.