Lead Expert - ERM (COS)

Are you passionate about credit risk?
Would you like to join a team responsible for producing and certifying the Group’s cost of risk, a key component of Société Générale’s financial results and communication?

Working within RISQ/ERM means:

• Engaging in intellectually stimulating work
• Operating in a fast-paced environment influenced by economic and geopolitical developments
• Collaborating closely with multiple business lines and risk departments

It is also an opportunity to gain high-value expertise in modern banking.

Through the review of the Group's or part of the Group's exposures, these analyses make it possible to:

• Propose reporting design/improvement in case of new demand from the tool at your disposal;
• Control the quality of the reporting before submission;
  • Identify, understand and explain risk trends and potentially propose a first analysis to adapt risk appetite if necessary, in active collaboration with PRM’s analyst in Paris;
  • Promote and explain the dashboards made available, including the portfolio EWS.

More specifically, you will be required to:

1. Design, carry out and propose recurring (CORISQ, CRC, etc.) or one-off portfolio analyses, combining a transversal vision of risks and a relevant analysis in relation to the economic and business environment.
2. Detect, from the tools at your disposal, your own analyses or analyses co-constructed with the Paris PRM team and through portfolio analyses, weak signals of deterioration, weakening (of portfolios, counterparties composing them) or inconsistencies in risk markers. In this context:
   • contribute through this work to the sampling of the perimeters and files on which individual reviews will be carried out by the control team (in charge of the sample controls);

• contribute to formalize adjustments to risk appetite if the evolution of a portfolio justifies it (restriction of granting criteria, strengthening of guidelines, reduction of CORISQ limits, etc.) with PRM-WSB/RBK teams and management.

Contribute to the standardization of portfolio analysis indicators and methodologies. This is done through homogeneous metrics and the exploitation of relevant internal and external data sources

• Master’s student (Engineering School or University) with specialization in:
  • Finance, or
  • IT with interest in credit risk
• Good command of:

  • Office tools

• Curious, rigorous, team-oriented
• Strong communication skills (written & spoken)
• Fluent in English

• Define the credit risk appetite on the different Credit portfolios in close coordination with the origination teams and the different LOD1 teams;
• Ensure risk management based on portfolio analyses;
• Carry out analyses of the Wholesale Banking & Sectors business portfolios and the Retail Banking Portfolio;
• Define new indicators for a better analysis of risks within its scope;
• Monitor compliance with portfolio frameworks within its scope (thresholds, limits and other values defined in the guidelines), comply with the directives given, monitor exceptions and implement the necessary controls.