Head of Enterprise Risk Management
- Employer
- SOCIETE GENERALE
- Location
- London, United Kingdom
- Salary
- Negotiable
- Closing date
- Jun 1, 2022
View more
- Job Function
- Risk Management
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
You need to sign in or create an account to save a job.
Description of the Business Line or Department
Department is RISQ/GBR. The role will have a direct reporting line to the UK Head of RISQ. The function will liaise with relevant Group functions within RISQ, in particular RISQ/ERM (Enterprise Risk Management).
Summary of the key purposes of the role
The scope of the ERM function includes, inter alia:
In addition, RISQ/GBR/ERM function will participate in Group-level developments, liaising with other wholesale locations (Asia and AMER) and Group (RISQ/ERM).
Summary of responsibilities
Main responsibilities include:
Competencies
Department is RISQ/GBR. The role will have a direct reporting line to the UK Head of RISQ. The function will liaise with relevant Group functions within RISQ, in particular RISQ/ERM (Enterprise Risk Management).
Summary of the key purposes of the role
The scope of the ERM function includes, inter alia:
- Definition and implementation of risk (including E&S) management transversal processes such as risk Identification, risk Appetite in line with Group guidelines, ICARA (Pillar 2 in particular), and ad hoc analysis and ad hoc Stress tests coordination;
- Periodic synthetic view of the UK entities' (SGLB and SGIL) risk profile for internal (Group and UK Management) as well as external (Supervisors) parties.
- Coordination of the regulatory watch for RISQ in the UK, assistance with the implementation of new regulations where needed.
In addition, RISQ/GBR/ERM function will participate in Group-level developments, liaising with other wholesale locations (Asia and AMER) and Group (RISQ/ERM).
Summary of responsibilities
Main responsibilities include:
- Oversight of the design and functioning of Risk Management mechanisms: Risk Management Framework (RMF), Risk Appetite Framework/Statement (RAF/RAS), Risk identification and cartography, and others as necessary
- Oversight of risk management governance mechanisms for SGLB and SGIL ( in collaboration with the SGIL CRO ) in line with regulatory expectations, industry best practice and SG Group governance principles (SG Code in particular)
- Coordination of functions across all 3 lines of defence as necessary to effect risk aggregation, cross-risk analyses, emerging risk identification, regulatory risk identification.
- Regulatory oversight: regulatory watch on Risk department topics (E&S risks, Operational Risk, Credit Risk and CCR, Market Risk...) ; analysis, synthesis and communication to the relevant stakeholders ; coordination and follow up of the regulatory changes' implementation where required; performing gap analysis between local and central regulations; participation to the UK regulatory watch and horizon scanning governance with other stakeholders
- Coordination and oversight of the UK risk management dashboards
- Oversight and coordination of risk assessments (for RISQ) in the context of the ICARA process (SGIL)
- Oversight of the E&S risk management and framework development in line with Group guidelines (ESG by design) and UK regulatory requirements.
Competencies
- Autonomy and responsibility
- Strategic view / ability to take a step back
- Attention to detail
- Rigorous
- Broad understanding of risk management in a banking environment is required
- In-depth knowledge of SG's internal control framework (design, principles and organisation)
You need to sign in or create an account to save a job.
Sign in to create job alerts
Sign in or create an account to start creating job alerts and receive personalised job recommendations straight to your inbox.
Create alert