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.

Day-to-Day Responsibilities:

The risk professional sought for this position will work actively on key credit risk and counterparty credit risk initiatives within the region. This role within the Portfolio Management and Governance team will provide the successful applicant a direct involvement in the analysis of a portfolio of corporates and financial institutions clients. The position involves tasks to identify drivers of risk, transversal projects related to risk management and innovation initiatives, as well as managing relevant governance committees. The role will work closely with colleagues in other Credit Risk departments such as Credit Assessment Group and Asset Restructuring & Recovery Management team.

The candidate should have a strong understanding of credit risk methodologies and framework, assist the team in organizing and coordinating inputs from various subject matter experts and contribute to enhance risk oversight.

The role will require strong analytical skills and knowledge of credit and counterparty credit risk metrics, of credit portfolio analysis, of the controls and processes around market risk. The candidate should develop a strong and hands-on knowledge of key risk metrics and reporting and have synthesis ability to communicate key findings within the risk department, to the senior management, as well as outside the risk division including LOD1 and external regulators.

The main accountabilities include but are not limited to:

Loan Portfolio Analysis and Reporting to Senior Management and Regulators

o Implement a Credit Risk portfolio monitoring framework leveraging notably on counterparty and credit risk metrics including but not limited to stress tests, PD/LGD, RWA.

o Monitor the quality of the loan portfolio by performing portfolio analysis for credit committees and/or ad-hoc analysis requests.

o Produce and/or contribute to key reports for Senior Management and the Regulators.

o Efficiently communicate to key stakeholders on the evolution of the risk profile of the portfolio; identify drivers of credit risk as well as emerging risks.

o Assess the cost of risk of the loan portfolio.

o Develop data-oriented analysis, reports, improving credit risk management effectiveness.

o Perform and implement necessary controls to enhance the quality of portfolio analysis, including but not limited to the quarterly Legal Lending Limit control, the monthly Concordance Table Control, the Rating Validation control, etc.

o In charge to conduct key credit risk analysis annual campaigns including but are not limited to (i) reviewing and recalibrating credit risk appetite, (ii) reviewing sets of key risk indicators, (iii) identifying and assessing credit risk factors and their risk materiality.

o Monitor Credit Risk triggers activation and evolution of the sensitive credits population; perform the annually Credit Trigger Back Testing exercise.

Coordination of key Credit Risk committees and interactions with 3LOD and 4LOD

o Main coordinator for SGUS Credit Risk with Regulatory reviews, exams, and requests (4LOD)

o Main coordinator for SGUS Credit Risk with Internal and External Audit reviews and requests (3LOD)

o As secretary of the SGUS Credit Risk Committee, responsibilities include but are not limited to (i) the deck preparation, (ii) the coordination between contributors, (iii) the committee animation, (iv) the presentation of some risk section and/or focus topics.

o Actively contribute to the SGUS Enterprise Risk Committee (ERC) by synthetizing the Credit Risk portfolio for the past quarter into key risk message for Senior Stakeholders of the ERC.

Credit Risk governance and digitalization:

o Participate actively to the implementation of key AMER Risk Governance initiated by Enterprise Risk including but not limited to (i) Issue Management framework by identifying issues impacting credit risk monitoring and conducting remediation projects with identified stakeholders, (ii) Event Management framework by monitoring credit risk events and challenging breaches/exceptions to policies and procedures reported by the First Line of Defense.

o Promote cooperation across Support Functions and Business Lines, both (i) between Credit Risk and other divisions of RISQ (including Enterprise Risk Management; Market Risks; Operational Risks…) and (ii) between Credit Risk and LOD1 (Global Banking and Advisory; Global Markets; Global Business Service Unit), and foster alignment with Credit Risk at the Head Office

o Ensure accuracy and up to date Credit Risk policies and procedures.

o Work with the Data Management Office on assessing the data quality of credit risk data and contribute to the process of addressing various identified data quality issues.

o Enhance Credit Risk processes through automation and gain efficiencies with the use of latest available technologies and collaborative tools including, but not limited to Python coding, PowerBi.

Project management and contributions:

o Lead, conduct or participate in defined projects or transversal initiatives locally and globally, either as a Subject Matter Expert for Credit Risk, or as a Project Manager

o Contribute to the enhancement of Credit Risk applications, systems and databases

o Implement change management within Credit Risk driven by strategic and/or organizational projects for a better integration of the department within local and global Risk framework.