Jobs
>
London

    Counterparty Credit Risk Officer - London, United Kingdom - Societe Generale Corporate and Investment Banking - SGCIB

    Societe Generale Corporate and Investment Banking - SGCIB
    Societe Generale Corporate and Investment Banking - SGCIB London, United Kingdom

    1 month ago

    Default job background
    Description
    OUR CULTUREAt Société Générale, 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, to 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.

    DIVERSITY, EQUITY & INCLUSIONOur Diversity, Equity & Inclusion Mission:

    recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.


    Our Diversity, Equity & Inclusion Vision:
     Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate. Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents. Engage our community and marketplace and position the organization to meet the needs of all its clients.

    RISK DIVISION (RISQ)Risk Management in the UK is organised along a three lines of defence model with well-defined and segregated responsibilities aligned with the Group framework as well as applicable local regulatory requirements and guidance.

    RISQ is part of the 2nd line of defence and aims to independently analyse, challenge, opine on and monitor the risk-taking activities of the Business Lines thereby enabling effective execution of the Bank's strategy in line with its risk appetite.

    Within RISQ Department, RISQ/RMA/CRM team plays a central role for LoD2 Counterparty Credit Risk (CCR) management transversally across all types of counterparties, all metrics and activities, leveraging functionally on the whole community within RISQ/RMA department working on counterparty credit risk management and in conjunction with other departments (in particular counterparty Risk Cells and PCRUs, including RISQ CIB, RISQ RMA HPC, MARK, GLBA, GBSU).

    This is a new role is for an Associate / VP within the CRM London team, reporting locally to the Head of CCR London.

    The incumbent will work within the London CRM team to manage UK (SGLB and SGIL) counterparty credit risks and work to develop the Risk GBR CCR framework, including contribution to relevant local Risk GBR projects and reporting requirements as agreed/assigned.


    The key team main missions are:
     to structure and implement the functional set up and governance required for an effective transversal CCR management in the UK (including SGIL and SGPM). to initiate or conduct pro-active coordination ad hoc CCR requests notably with RISQ/RMA teams and RISQ to sponsor or contribute to corresponding transformation projects and models evolution. to design and coordinate corresponding UK CCR policies and procedures as well as periodic reviews. to act as subject matter expert for CCR internal and external audit supervision on corresponding topics. to ensure close oversight of counterparty credit risk exposure within the UK. to oversee the development and regular reporting of credit risk dashboards to the SGLB Risk Management Committee and SGIL Risk and Control Committee. to contribute the ICAAP for the credit risk sections. to identify Emerging risks. to ensure efficient Default Management Process. to ensure that counterparty credit risk issues are well considered in the daily conduct of business and in the development of new products or activities. to engage with business lines to develop and maintain the credit risk components of the Risk Appetite Framework and Risk Appetite Statement of SGLB/SGIL.

    The counterparty credit risk officer supports the RISQ/RMA/CRM UK team:
     Monitoring of the UK counterparty credit risk portfolio through regular and ad hoc reviews, production of management information for the various committees and reports in RISQ governance. Delivering the RISQ UK roadmap in collaboration with the wider RISQ department. Daily follow up of counterparty credit risk in collaboration with LOD1 and expert RISQ teams. Support local CROs with regards to the credit workflow process for deals booked and originated locally. Contributing to cross risk typology topics in collaboration with the rest of the UK RISQ team (Risk Management Framework Risk Appetite, Risk identification, Capital assessments, New Product Committees etc). Coordination with head office RISQ teams to ensure UK benefits from global CCR projects and contributes to SG CCR transformation projects. Ensuring alignment with regulatory CCR requirements and best practices (both local and global) including surveillance and review of updates of applicable regulatory changes/updates.  Assist with the definition and implementation of KPIs &KRIs and associated monitoring and reporting for proper escalation and information to management. Participate in local model reviews with regards to CCR, including ensure applicability of Group models used locally. Interaction with Internal Audit/Inspection, contributing to relevant meetings, answering questions and information requests and contributing to the closure of outstanding findings/remediations. Interaction with regulators where required, including contributing to relevant meetings, answering questions and information requests (e.g. Dear CRO/CEO letters) and contributing to the closure of outstanding findings/remediations.

    Competencies TECHNICAL SKILLS Extensive understanding our Counterparty Credit Risk frameworks and their application within a Financial Institutions (including internal control framework and CCR approval processes). Advanced abilities in Excel, PowerPoint and Word.

    VBA, Power BI / Tableau, etc would be beneficial. Knowledge of Counterparty Credit Risk best practices. Knowledge of OTC and listed derivative products and associated risks. Good knowledge of key regulatory (PRA, FCA, ECB) CCR expectations and requirements would be beneficial.


    SOFT SKILLS Independent:
    can challenge status quo or different opinions when needed

     Fast learner:

    eager to grow, learn / build knowledge. Excellent verbal and written communication skills.

     Team Spirit:

    contribute to a positive and versatile team environment, build constructive relationships with people from diverse backgrounds

     Strong collaboration skills:

    capacity to engage with people with different backgrounds (LOD1 and LOD2, in the UK and at outside of the UK).

    Flexible and adaptable. Strong analytical and problem-solving skills: attention to details and rigor; ability to absorb a lot of information over short periods of time; capacity to understand complex situations and provide a synthetic view.

    All while working within tight deadlines.

    WORK EXPERIENCE Relevant experience in a counterparty credit risk or related function within the 1st or 2nd Line of Defence in industries such as Capital markets, Prime Brokerage or Banking. Proven change management abilities. Experience with regulators especially PRA would be beneficial in this role.

  • AmTrust International

    Risk Officer

    2 weeks ago

    AmTrust International London, United Kingdom

    If you are looking to kick-start your career in insurance and have a particular interest in Risk within the operational function, then our new Risk officer role could be the one for you. · Based in our central London office, you will be working with the team looking after the imp ...

  • Bloomberg

    Risk Officer

    3 weeks ago

    Bloomberg London, United Kingdom

    The energy of a newsroom, the pace of a trading floor, the buzz of a recent tech breakthrough; we work hard, and we work fast - while keeping up the quality and accuracy we're known for. It's what keeps us inventing and reinventing, all the time. Our culture is wide open, just li ...

  • dLocal

    Risk Officer

    3 weeks ago

    dLocal London, United Kingdom

    **Why you should join dLocal?** · dLocal enables the biggest companies in the world to collect payments in 40 countries in emerging markets. Global brands rely on us to increase conversion rates and simplify payment expansion effortlessly. As both a payments processor and a merch ...

  • Arbuthnot Latham

    Risk & Controls - Risk & Controls Officer

    3 weeks ago

    Arbuthnot Latham London, United Kingdom

    *** · - The role will encompass a range of responsibilities, including assisting the Team Leader, Controls team in the daily monitoring of Operational bank accounts, investigating entries, and tracking progress until the entries are cleared. · - Additionally, it will involve task ...

  • Lambeth Council

    Flood Risk Officer

    3 weeks ago

    Lambeth Council London, United Kingdom

    **Flood Risk Officer (PO1 to PO3 Career Graded)**: · PO1 - PO3 grade: £38,037 pa in annual increments to £45,711 pa. · Contract type: Permanent. · Working hours: 35 hours per week, full time. · **About the role** · This is an exciting opportunity in Lambeth Council's Climate Chan ...

  • eFinancialCareers

    Risk Liaison Officer

    3 weeks ago

    eFinancialCareers London, United Kingdom

    **About Columbia Threadneedle Investments** · You'll find the promise we make to our clients is the same one we make to our employees**:Your success is our priority.** · Here, you'll find growth and career opportunities across all our businesses. We're intentionally built to help ...

  • XL Catlin

    Conduct Risk Officer

    3 weeks ago

    XL Catlin London, United Kingdom

    **Flexible Work Eligible**: Flexible Work Schedule · **DISCOVER your opportunity** · **Conduct Risk Officer** · You would be responsible for Consumer products (onboarding and annual product reviews) as well as various committee packs and highlighting any products where there is p ...

  • Saxton Leigh

    Operational Risk Officer

    3 weeks ago

    Saxton Leigh London, United Kingdom

    **THE COMPANY**: · Our client is an international financial services company focusing on wholesale and corporate banking activities. · **THE RESPONSIBILITIES**: · - Support the ORMD team to provide advice, oversight and challenge to support the business to identify new and emergi ...

  • Hiscox

    Chief Risk Officer

    3 weeks ago

    Hiscox London, United Kingdom

    job description: · **Chief Risk Officer for our London Market and Re & ILS business units (circa 500 people)** · **Reporting to Group CRO** · **London based with hybrid working** · **You will also be the Chief Risk Officer Senior Management Function holder (SMF4) and Compliance O ...

  • Taylor Root Global Legal Recruitment

    Conduct Risk Officer

    3 weeks ago

    Taylor Root Global Legal Recruitment London, United Kingdom

    Conduct Risk Officer · **Location** · London**Contract Type** · Permanent**Posted** · Posted 2 hours ago**Start Date** · ASAP**Salary** · Up to £80000 per annum**Expiry Date** · We are pleased to be supporting our Lloyds of London insurance client with a Senior Conduct Risk Offic ...

  • Career Legal

    Risk & Compliance Officer

    3 weeks ago

    Career Legal London, United Kingdom

    Job Details · - Risk & Compliance Officer · - Global Law Firm · - Up to £35,000pa + Benefits · - London, Permanent · - My client, a global law firm, is actively recruiting for an experienced LEGAL Risk & Compliance professional to join them on a permanent basis in their London of ...

  • Venn Group

    Enterprise Risk Officer

    2 weeks ago

    Venn Group London, United Kingdom

    Venn Group are working with an established Global Investment Bank to hire a Enterprise risk Officer to join the Enterprise Risk team on a year long project who will support across all its primary duties · Knowledge, Skills and Experience · - Knowledge of object-oriented programmi ...

  • Page Personnel Public Sector & Not for profit

    Fire Risk Officers

    2 weeks ago

    Page Personnel Public Sector & Not for profit London, United Kingdom

    Manage fire risk in a defined patch, to ensure Fire Risk Assessments (FRAs) are completed when due, FRA actions are assigned to contractors and colleagues and that FRA actions are completed by the agreed target date for the benefit, health and safety ofour residents. · **Client D ...

  • Reward Recruitment

    Compliance & Risk Officer

    3 weeks ago

    Reward Recruitment London, United Kingdom

    **Compliance & Risk Officer** · **London** · Our client specialises in managing private client, trust and charity portfolios, as well as three multi-asset funds-of-funds and a series of risk-based 'Model Portfolios' for Financial Advisers. They currently have an exciting opportun ...

  • Notting Hill Genesis

    Fire Risk Officer

    3 weeks ago

    Notting Hill Genesis London, United Kingdom

    Job Introduction · Are you an organised, dedicated individual with fire safety experience and have a passion for keeping our buildings safe and compliant for the people who live in them? Do you have experience of contractor, stakeholder and resident relationship management? If so ...

  • Paritas Recruitment - Risk

    Risk & Control Officer

    2 weeks ago

    Paritas Recruitment - Risk London, United Kingdom

    K- Posted by · - Keith Jones- Manager - Risk Management & Quantitative Analytics Operational Risk and Control professional who has strong corporate / commercial banking experience is sought by a leading bank based in the City. · Risk & Control Officer · A European Bank in the Cit ...

  • Paritas Recruitment - Risk

    Credit Risk Officer

    2 weeks ago

    Paritas Recruitment - Risk London, United Kingdom

    Paritas Recruitment - Risk London, United KingdomPosted 25 minutes ago Hybrid Permanent £50k - £60k · - An international bank are currently seeking a Credit Risk Officer to join their London based operations · Reporting to the Head of Prudential Risk, the Credit Risk Officer will ...

  • King's College London

    Risk Assurance Officer

    2 weeks ago

    King's College London London, United Kingdom

    Job description · To support the Director of Risk Assurance in undertaking a range of internal audit and business assurance work designed to enhance the overall efficiency and effectiveness of the College. · The range of required internal audit assignments will include some colla ...

  • Wicker Hamilton

    Risk & Compliance Officer

    3 weeks ago

    Wicker Hamilton London, United Kingdom

    **We are looking for an experienced Risk & Compliance Officer for a leading Law Firm in the City of London. This represents a fantastic opportunity to be part of a top-class firm with a stellar reputation.** · The firm is based in the City of London, with several offices around t ...

  • London School of Hygiene & Tropical Medicine

    Governance and Risk Officer

    1 week ago

    London School of Hygiene & Tropical Medicine London, United Kingdom

    The London School of Hygiene & Tropical Medicine is a world-leading centre for research and postgraduate education in public and global health. Our mission is to improve health and health equity in the UK and worldwide; working in partnership to achieve excellence in public and g ...