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Operational Risk Manager - Equipment Finance

Societe Generale

Societe Generale

Accounting & Finance
Posted on Jan 14, 2025

Responsibilities

  • Operational Risk Manager (ORM) working within the Firm’s 2LOD is responsible for supporting operational risk management programs such as Risk and Control Self-Assessment (RCSA), Incident Collection and Reporting, Key Risk Indicators, Controls, Issues Management, Reporting, etc.
  • Working with the first line- of- defense (1 LOD) to provide guidance and effective challenge in the identification and management of its operational risks, defining and implementing remediation plans and risk acceptance taken by the business line.
  • Develop, enhance and manage the operational control framework for SGEF and work with all departments to identify and mitigate different risks identified.
  • Work with Internal Audit as a primary interface for operational and other audit matters.
  • Conduct investigations/post mortems of operational incidents/issues and identify root causes.
  • Review business processes in precise detail to identify areas of potential improvement or weaknesses in risk management controls.
  • Form solid working relationships with the 1LOD and become a trusted advisor.
  • Work closely with OpRisk management both locally and in Paris for reporting and metrics
  • Foster relationships with other risk partners (IT, Cyber Security, Third Party Risk Management, Model Risk, etc…)
  • In the context of the Leadership model, the ORM will invest its time and skills towards teamwork, act ethically and with courage, propose new ideas and contribute to change management. Finally, lead by example to provide support to colleagues and/or other teams. All these actions and values will contribute to the development of client positive impact (client being internal or external).
  • Follow-up on red flags and corrective action items, not just for tracking purposes but also assist with full implementation