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Job Description:

Date of publication 08-05-2019 Starting date Immediate Job function Risks Business unit SG Global Solution Centre Location Bangalore - India Job type Permanent contract

Environment Societe Generale Global Solution Centre (SG GSC), a 100 PERCENT owned subsidiary of European banking major Societe Generale (SG), Our role and purpose is to enable the strategic vision of Societe Generale Group We are doing this by pioneering cutting edge innovation from Design Thinking to Smart Automation & Artificial Intelligence, and applying it to banking

SG Global Solution Centre provides services in the areas of Application Development and Maintenance, Infrastructure Management, Business Process Management, and Knowledge Process Management, to Societe Generales business lines around the world

We are committed to creating a diverse environment and are proud to be an equal opportunity employer All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status

Mission As a part of the Risk Department, you will be at the center of Socit Gnrales business The Risk Department aims to contribute to the development of business lines and their profitability through a challenging risk culture

Working within the Risk Department is intellectually stimulating, and current economic activities guide our analysis on a daily basis As a key business partner, the department is in close proximity to all of the Groups business lines Joining us would mean integrating into a network of proven excellent at the very center of the banks activities, opening access to new and exciting development opportunities

Within RISQ, the department ERA (Enterprise Risk Analytics) handles the analysis and the support in the steering of all the risks of the Group supervision and steering of the rating system of the credit risk, the measure of the capital of the Group and the provisions (reserves), the analysis of the risk profile of the Group including under stress and in forward-looking vision

These assignments, carried out in the context of projects or production processes whose scope or results are significant for the management of the Group or its compliance with banking regulations, are subject to defined and constrained schedules and resources, in the contexts demanding economic and regulatory environment

Profile RISQ / ERA / MMS (Model Monitoring and steering), has in particular for mission

- Contribute to the follow-up of the performance of the models and the plan of rating,

- Produce and analyze the backtest of the models,

- Participate on examination of the adequacy of the calibrations of the models,

- Produce reportings and internal indicators of steering associated to its scope (perimeter) of intervention

In this context, you realize the analysis and the production of performance indicators of the device (plan) of rating Strength of proposal, you also have for mission to search and implement opportunities of improvement of the operating efficiency of the service (department) (Improvement of processes, evolution of tools)

The job recovers the missions and the following works

- Produce and analyze the performance indicators of the models,

- Realize backtests under the responsibility of RISQ / ERA

- Manage and produce the reportings of respective scope (perimeter) of intervention

- Produce support for monitoring and transversal management of the scoring system

- Contribute to IT evolutions and associated approvals, prioritization of evolutions and participation in arbitration decisions

Fundamental Review of Trading Book (FRTB) Its a new regulation which the banks need to comply by 31/12/2019 SG is currently working on revisiting the entire daily PnL production, income attribution, commentary and reporting process to develop new processes aligned to FRTB SG is setting up a new team which will be working closely with current DPL team and understand the current processes and propose new processes aligned to FRTB regulations

FRTB introduces a reviewed boundary between trading and banking book, and reinforced rules regarding related transfers and reclassification At this stage impacts mostly consist in reviewing documentation and adapting controls and processes

The Product Control team is responsible for the independent daily PnL production, income attribution, commentary, reporting and scrutinizing with FO expectations market Risk production and understanding Risk metrics

Primary tasks include but are not limited to

Oversight of the PnL & Controlling process, P&L Adjustments, Risk and Income Attribution

Work as part of various project groups designed to improve current Pnl Chain

Work closely with various teams Market Risk, MO, FO, Regulators , IT, etc

some deliverables writing (example operating mode, when processes will be written)

Assist in Testing phase of proposed new models and methodology

Perform Regulatory Quantitative Impact Study (QIS)

Enhancement of upstream controls strategy (Propose and Drive the changes required in process & structural flow)


Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : Production/Manufacturing/Maintenance/Packaging
Role : Procurement
Salary : As per Industry Standards
Deadline : 06th May 2020

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