In this role, the Operational Risk Manager (ORM) needs to challenge the First Line of Defense (1 LOD) in the identification and management of its operational risks, defining and implementing the right remediation plan and challenge if required the risk acceptance taken by the business line (through the governance such as ORC or normal day to day interaction on incidents...).
The ORM should also make sure that the first level of control framework (on operational risk) is adapted and efficient. This is supported by spot checks and by leading controls deployment initiatives when relevant.
The ORM needs to ensure that the processes and governance around operational risk (Incident Collection/Reporting, RCSA, Permanent Supervision, Spot Checks, Anti-Fraud, etc...) respect the group policies and standards.
In the context of the Leadership model, the ORM will invest its time and skills towards team work, act ethically and with courage, propose new ideas and contribute to change management, and finally lead as an example and by its support to colleagues or other teams. All these actions and values will contribute to the development of client positive impact (client being internal or external).
Conduct investigations/post mortems
Follow-up on red flags and corrective action items
All our positions are open to people with disabilities
Ability to think analytically and bring a common-sense approach to problem solving
Strong relationship manager
Must be able to work collaboratively within a complex organization, across multiple cultures, geographies and disciplines
Ability to articulate complex concepts in a clear manner
Demonstrated ability to work well under pressure in a matrix organization and fast-paced environment
Experience effectively interacting and communicating with senior leaders
Knowledge of operational risk and the associated framework
Working knowledge of process flows and identification of control points
TECHNICAL SKILLS Required:
Advanced Microsoft Office skills
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy
Demonstrated ability to be a positive change agent, broker compromises and meet deadlines
Experience in developing and documenting governance processes supporting operational risk frameworks
PRIOR WORK EXPERIENCE Required:
A minimum of 5 years' experience working in an operational risk and/or financial institution setting
Working knowledge of Capital Markets and current regulatory environment in financial services
Bachelor's degree from a top tier College/University
Graduate degree in Finance or Risk Management
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. Société Générale 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.
Environment The mission of Operational Risk Management department (RISQ/OPE) is to provide independent, objective and leading operational risk management challenge and oversight services to assist the firm in maintaining an effective system of risk management.
The team supports the Executive Committee in their oversight of the governance, risk and control frameworks and tolerances of Operational Risk, while achieving and maintaining the highest level of professional standards. An objective is to educate the employees on the importance of operational risk management which is based on the principle that "everyone is an operational risk manager."
The team provides proactive advice to help management identify and measure key risks, and to evaluate controls in existing and expanding businesses.
The team also organizes and animates the operational risks and permanent control frameworks across SGUS.
Job code: 19000FQJ Business unit: SG CIB Starting date: Immediate Date of publication: 17/07/2019
Internal Number: 6116154
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