Risk Management Specialist
1 week ago
Societe Generale's Risk Management Division (RISQ) is seeking a skilled Risk Management Specialist to join its Model Risk Governance Team in Montreal. As a critical member of the team, you will play a pivotal role in ensuring the effective management of model risk across all model families within the Americas region.
The successful candidate will be responsible for managing and maintaining the AMER Model Inventory, as well as overseeing the Model Risk Management tool (GRC Platform). This involves implementing policies and controls to ensure the accuracy, reliability, and appropriate use of models in decision-making processes.
Key responsibilities include:
- Contributing to the enhancement of our AMER model risk appetite and management framework definition
- Engaging model owners/users/developers for the collation and ongoing maintenance of the SG AMER Model Inventory
- Performing quality controls on independent reviews performed by Validation teams
- Implementing model risk governance processes, including model risk assessment and reporting to relevant governance forums
- Participating in the preparation of materials for regulators and internal/external audits on model risk management topics
- Collaborating with technology partners to design and roll out the firm's strategic model inventory and workflow solution
This role requires a strong understanding of model risk regulatory requirements (SR11-07) and industry standard practice. The ideal candidate will have a minimum of three years of experience in Model Risk Management related areas, along with a Bachelor's degree in Finance, Economics, or a related discipline.
A competitive salary range for this position is $120,000 - $180,000 per annum, commensurate with experience. Benefits include a minimum of 20 vacation days, supportive maternity/paternity leave policy, health spending account, and access to training programs.
The hybrid work environment at Societe Generale offers employees flexibility to work remotely while promoting interaction and collaboration with colleagues. Diversity and Inclusion are core values at SGS Société Générale de Surveillance SA, and we strive to create an inclusive workplace that celebrates individuality.
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