Risk Management Specialist
22 hours ago
Societe Generale is a leading international banking group with a strong presence in the Americas. The company's Risk Management Division (RISQ) plays a critical role in ensuring the bank's sustainable growth by managing risks associated with its business activities. As a key member of the RISQ team, you will be responsible for overseeing model risk governance across all model families in the Americas.
About the Role
This is an exciting opportunity to join our team as a Risk Management Specialist - Model Governance. You will work closely with the Head of Model Risk Governance and the Model Risk Management team to ensure a consistent implementation of the Model Risk Governance framework for all models at Societe Generale in the Americas. Your primary responsibilities will include:
- Enhancing the AMER model risk appetite and management framework definition.
- Collaborating with model owners/users/developers to maintain the SG AMER Model Inventory and participating in the annual certification campaign.
- 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.
- Contributing to deck preparation for regulators and internal/external audit on model risk management topics.
Key Qualifications
To succeed in this role, you must have a strong background in Model Risk Management related areas, with a minimum of three years of experience. A Bachelor's degree in Finance, Economics, or a related discipline is also required. Additionally, you should possess strong knowledge of Model Risk regulatory requirements (SR11-07) and industry standard practice. Experience in drafting policy and procedure documentation, as well as MIS intended for senior audiences, is highly valued. Good understanding of risk metrics and model risk controls is essential.
Benefits and Culture
At Societe Generale, we offer a comprehensive benefits package, including health spending and personal spending accounts, fully sponsored virtual healthcare assistance, and Employee Assistance Program. We prioritize diversity and inclusion, fostering a culture of continuous development through various training programs and encouraging employee engagement through Employee Resource Groups. Our hybrid work environment provides flexibility while promoting interaction and collaboration among colleagues. Estimated salary: $120,000 - $150,000 per year.
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