The Head of Operational Risks and second-level risk controls in Asia-Pacific is responsible of the second line of defense for all the operational risks generated by Societe Generale’s activities in the Region.
As such, he / she is responsible to frame and animate the operational risk management framework, as well as to conduct independent review to ensure the overall set up is sound, efficient and aligned to regulatory expectations locally and globally.
He / she is a member of the RISQ APAC ExCo and reports hierarchically to the APAC Chief Risk Officer and functionally to the Global Head of Operational Risks.
He / she manages 12 risk officers.
Main Resposibilities :
In cooperation with the business lines, the global team and the APAC entities, taking into account the local specificities and regulatory requirements :
set up the Operational Risk framework for Asia-Pacific and
define the normative framework, methodologies and documentation that need to be implemented for an efficient operational risk management framework (justifying local exceptions if need be).
Review periodically the exhaustiveness, the efficiency and the relevant-nature of this framework
Review and evaluate independently the implementation by the business lines of the above-mentioned framework and norms.
Review, challenge and complement if need be the framework proposed on IT Security and Business Continuity Management
Review and challenge the operational risks analysis performed by the Business Lines.
Review material incident reports, root clause and action plans proposed by Business Lines.
In the context of the New Product Committee governance, contribute to the assessment and validation of the New Products from an operational risk standpoints.
Review and validate the operational risk aspects of all outsourcing activities.
Regarding the second level control : define the road map of the controls and spot checks to be done on management supervision done by the business and service units as well as other operational risks aspects.
Provide to Risk Department management an independent and transversal view on all the operational risks in the Region.
Define KPIs relevant to Operational Risks and the businesses.
Validate responses to regulators on Operational Risks topics
Participate and contribute as appropriate to the various Risk committees.
Manage all resources, timelines and deliveries appropriately.
Academic Background and Certifications, Experience
Hold a relevant Bachelors or Masters degree
Operational Skills :
Proven 10+ years of experience in Operational Risk Management
Experience of Investment Banking and Market Activities
Experience in Cyber Risk and Business Continuity Management
Good understanding of Asian regulations on Operational risk management
Fluent in English is mandatory
Behavioral Skills :
Strong analytical mindset, attention to details, critical thinking, solution oriented, think out of the box
Passion for innovation, technology and building system from the ground-up
Professional attitude : Self-motivated, fast learner, team player, independent, ability to handle multiple tasks and functional topic simultaneously
Strong team player and communication skills and a self-starter"
Societe Generale is one of the leading financial services groups in Europe. Based on a universal banking model, the Group combines financial strength with a strategy of sustainable growth, putting its resources to work to finance the economy and its clients’ projects.
With our regional headquarters in Hong Kong a core hub of the worldwide Societe Generale Group we employ over 9,000 employees in the region.
Our expertise here ranges from corporate and investment banking to asset management, securities services, global transaction banking and specialised financial services.
The Risk Division in Asia Pacific is responsible for identifying, measuring, monitoring, approving, and controlling risks pertaining to Societe General’s activities in the Asia Pacific.
The Risk Division oversees credit / counterparty, market, liquidity, operational and model risks, with 80 people based in various countries with a regional hub in Hong Kong.
The Risk Divisioncomprises six departments, plus representatives ( local CROs ) in various entities of Asia-Pacific.