V.I.E. Junior Quantitative Advisor

The Model 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.

Your primary role, as part of the second Line of Defense on pricing models, is to review the validation reports produced by the second line of defense in Paris for global models by checking for compliance with model risk regulations, to review the specific model risks pertaining to the AMER Region  and to validate the local models.

During your VIE mission you will be in charge of these responsibilities:

• Assist with the governance of pricing models including but not limited to the accuracy of model attributes such as validation reports, model documentation, model findings and limitations, model validation plans, decision certificates, model risk committees minutes and decisions
• Evaluate the validation pillars of conceptual soundness, implementation, ongoing monitoring, use for regulatory compliance
• Challenge model assumptions, limitations
• If needed, perform independent tests on the models (statistical tests, coherence tests, benchmarking, etc)
• Write Standard AMER template reviews of the recurring and First Time reviews, review the AMER specificities of model risk, write local models validation reports

• Follow up on model recommendations and opine on the remediaiton sufficiency

  
  

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 Math/Physics/Computer Science/Engineering or similar field
• A previous experience in a Quantitative Role in the financial services sector  would be appreciated
   

Language skills:

• Fluent in English

Technical, operational & soft skills:

• Good communication and presentation skills
• Proficient/Good command of MS Office
• Strong ability in coding (like Python, C, …). 
• Strong reasoning and communication skills
• Knowledge of Excel/VBA
   

The VIE assignment in a nutshell

This VIE in Montreal 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 18 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.