Enterprise Risk Manager – 2LoD Capital and Business Risk ManagementPermanent contractRueil-Malmaison, France

il y a 3 semaines


RueilMalmaison, France Société Générale Assurances Temps plein

Enterprise Risk Manager – 2LoD Capital and Business Risk Management

Permanent contract|Rueil-Malmaison|Risks

Enterprise Risk Manager – 2LoD Capital and Business Risk Management

Rueil-Malmaison, France Permanent contract Risks

Responsibilities

Functional Description

The Enterprise Risk Management (ERM) function is embedded within the Risk and Compliance organisation and is responsible for establishing and maintaining the company’s overall risk management and risk governance framework. The team is responsible for ensuring that risk management activities are being conducted in a manner compliant with regulatory requirements and expectations. The team aggregates and reports on key risk management and oversight activities to the Senior Management and Risk Committees. 

ERM department is responsible for formalizing the Risk taxonomy, Risk identification, Emerging Risk scanner, Risk Materiality assessment. The outcome of which is consumed for Risk Management Framework and strategic processes like Risk Appetite, SREP, ICAAP/ILAAP, Stress Test and Regulatory Disclosures.

At Ayvens, you’ll be recognized for your contributions, leadership, and impact — every colleague has the opportunity to learn and grow as we help you create a career journey that’s unique and meaningful to you. 

Scope and job summary 

The position of Enterprise Risk Manager – 2LoD Capital and Business Risk Management will report to the Team Lead, 2LoD Capital and Business Risk Management within the Enterprise Risk Management function and work closely with other Enterprise Risk Managers for the deliverables across the Group. 

The incumbent will have a cross-functional view of the Group's risk profile and how the risks impact the internal capital trajectory. As 2LoD specialist for Capital and Business risk, you specialize on regulatory topics, solvency ratios, Basel environment and are responsible for building a vision independent of that of the Finance Department on the Group's capital position (current and projected in the medium term). Participate in various Group committees and familiarize yourself with the methods and tools of the Financial Department thereby provide and document a critical opinion (“Independent challenge”) on the deliverables of the first line of defense. This role entails monitoring of the impacts of main regulatory developments and participation in Group remediation projects on the subject (CRR, SREP, ICAAP/ILAAP, etc.). 

Key Responsibilities

Ability to lead and drive in autonomy critical reviews and challenges of ICAAP deliverables (mainly produced by Finance) as a 2LoD opinion on the different components as Governance, Capital Adequacy, Capital planning, Capital Stress testing scenarios and methodology; Work on interactions between ICAAP/ILAAP and other strategic processes (RAS, risk identification process, risk materiality) to encompass SREP requirements. Participation and development of the stress testing framework (with focus on capital and liquidity): ensure the respect of Société Générale Group guidelines and work closely with 1LoD to ensure consistency with ICAAP & ILAAP frameworks. Challenge the assumptions and decision relating to Stress Test scenarios relating to Budget, Capital and Liquidity to ensure sound capital and liquidity management. Coordinate the annual update of Stress Testing Framework including, but not limited to, the Stress Testing Scenario Development, including reverse stress test scenarios, and develop Ayvens’ ability to review and challenge Integrated Stress Testing results. Knowledge of prudential regulations (CRRIII, CRDIV, Basel, Solvency, etc.) and ability to translate regulatory requirements for implementation within the various strategic processes and projects. Participate in Annual and quarterly reporting for supervisory management. Draft and implementation of Capital and Stress Test framework and policies Write propositions, 2LOD opinions and synthesize notes for Senior Management and Regulators. Ability to drive and to participate in complex projects, as CRD IV gap analysis, with various stakeholders and capacity to share and to defend the viewpoint of ERM as a 2nd line of defense. 

Profile required

Competencies description 

At least 5-8 years of relevant experience in topics related to risk and capital management in the financial services industry, preferably in risk management or experience in audit.  Ability to drive in autonomy key deliverables and review of the calibration of the Risk Appetite indicators  Knowledge of the regulatory and risk environment in the financial sector or regulatory/supervisory guidelines ( Guidelines on internal governance, SREP, ESG, Supervisory stress testing, etc.). Experience in Capital Management projects & analysis of new regulatory frameworks would be a plus.  Understanding of risk management frameworks including financial and non-financial risks.  Experience in leasing activities or risks analysis for mobility industry is a plus. Good communication and interpersonal skills to facilitate reviews and convey complex risk assessments to stakeholders (business, finance department, risk department, regulatory affairs). Proficiency in Microsoft Office (specifically Word, PowerPoint, Excel, PowerBI). Ability to communicate effectively, both verbally and in writing, in English. Knowledge of French is plus.

Preferred Qualifications

Advanced degree in Finance, Economics, Risk Management ( FRM, COSO) or equivalent.  Relevant work experience with roles in the Risk Management and Capital Management space, particularly with Capital planning, SREP, ICAAP and Stress Test. 

Behavioural skills:

Pro-active, autonomous, highly adaptable and initiative driven candidate.  Strong team player who is motivated by diverse tasks.  Strong attention to detail and sense of end-to-end ownership of processes and deliverables.  Active stakeholder management and ability to navigate across departments. 

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