Assist the RISQ/CTL Manager in designing an Annual Control Plan (i.e., scoping and planning the reviews and developing/updating test program documentation including procedures and testing templates where required)
Liaise with other second level control functions to ensure there are no overlaps or controls falling outside RISQ CTL, DFIN and COMPLIANCE perimeters.
Execute the Annual Control Plan by performing Second Level Control testing to provide an overall assessment of the first level control framework, design, and operating effectiveness:
Analyze and challenge first level managerial controls and extending progressively to other core operational controls, procedures, risk governance, and KRIs.
Review the controls set up and documentation to ensure mitigation of the identified risk
Challenge the assigned operational risk taxonomy category
Test the control execution by reperforming the control
Review anomalies and associated action plans
Assess the appropriateness of the control framework
Identify and propose remedial actions to improve control design or execution (focusing by priority on key weaknesses).
Challenge the First and Second Line of Defense in the identification of operational risk and the corresponding risk mitigation method(s).
Prepare a report summarizing the results and findings of each second level control testing for the management of the Business Unit/Service Unit.
Discuss results and findings with relevant stakeholders including the business or function being tested.
Ensure findings are properly escalated and that related remedial actions are monitored and adequately implemented in a timely fashion
All our positions are open to people with disabilities
Strong working knowledge of operational risk and associated framework
Excellent oral and written communication skills to effectively interact with all levels of professionals
Must be able to work collaboratively within a complex organization, across multiple cultures, geographies and disciplines.
Strong analytical skills with high attention to detail and accuracy
Excellent organization skills and capable of testing in a variety of different areas simultaneously.
TECHNICAL SKILLS Required:
Proficiency of Microsoft Word, Excel, and PowerPoint
Operational Risk tools knowledge (SG or Industry)
PRIOR WORK EXPERIENCE Required:
Minimum of 6 to 10 years in a financial services firm
3-6 years in a control testing, audit, or operational risk function in a financial services firm desired.
Working knowledge of an Investment Bank's products, processes, and control framework
Proven success in a prior control testing role within Audit, Operational Risk, or Compliance
Bachelor's Degree in Finance or other relevant field.
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 RISQ Division's mission is to contribute to the development of the SG Group's activity by facilitating the objectives of the Business Lines while maintaining independent oversight through risk evaluation and monitoring. The RISQ division in the US supports all the activities in the Americas Region (US, Canada and Latin America), which is almost exclusively SGCIB-oriented.
Job code: 190006EI Business unit: SG AMERICAS OPERATIONAL SECURITIES Starting date: Immediate Date of publication: 28/08/2019
Internal Number: 6426622
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