Operational Risk Manager

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • Societe Generale
  • 15 Dec 17 2017-12-15

Operational Risk Manager


Environment

SG CIB is the Corporate and Investment Banking arm of the Société Générale Group. Present in over 50 countries across Europe, the Americas and Asia. SG CIB provides corporate, financial institutions, investors and public sector clients with value-added integrated financial solutions.

Primary Objectives:

The role resides in SAFE's ORM team and we are looking for a professional with deep subject matter expertise across financial products, dedicated to actively employing and strengthening the components of the bank's operational management framework.

  • Acts as Local Head of Operational Risks Management for SG Hong Kong and SGS Asia, ensuring operational risk is appropriately addressed and managed
  • Partnering with all areas of the business and support functions to ensure they clearly understand their roles and responsibilities in relation to effective operational risk management for the legal entities
  • Provides operational risk guidance on various business projects and ensuring appropriate frameworks are in place to manage project and business risks
  • Supports Regional Operational Risk Management team on new Product Committee (NPC), Permanent Supervision (PS) and Business Continuity Planning (BCP) etc


Mission

Major Accountabilities / Principal Responsibilities:

Duties

Operational Risk (OR) Management

  • Assist and ensure business functions comply with Société Générale operational risk policies and guidelines including implementation of new norms/policies from Head Office
  • Liaise with the risk owners and subject experts to review key risk indicators and form a concise opinion on the relevant risks for management
  • Lead and prepare materials for committees such as Operational Risks Committee, Outsourcing Committee, Regulatory Reporting Committee etc
  • Act as local contact point for daily alert incident reporting including facilitate operational risk event collection, enrichment of event data, perform reviews of events and tracking of remediation
  • Supervise the usage of GPS (permanent supervision reporting tool) and provide monthly tracking report to Management
  • Support and conduct annual risk and self-assessment exercise interviews and prepare consolidated report for the legal entities
  • Contributes and participates in the assessment of operational risk in various projects and ensure risks are adequately mitigated
  • Remain current on business drivers, regulatory and industry changes impacting the legal entities
  • Facilitate the coordination on regulatory inspections and internal audits (when required)


Operational Risk related projects assigned by local management or SAFE Asia Management

  • Contribution to the Regional Operational Risk reporting and projects
  • Implementation of actions requiring the input of the Operational Risks Managers of the Regional Departments


Business Continuity Management (with the support of the Regional BCM Coordinator)

  • Ensure business and support functions complete Business Impact Analysis in compliance with Head Office's methodology
  • Coordinate, in liaison with IT Dept, the annual BCP test drill; assist in regional and global test drills
  • Participates in Regional projects aiming and enhancing BCM set-up


Profile

Key Skill Areas & Knowledge Required

  • A minimum of 10 years of working experience in corporate & investment banking
  • Understanding of operational risk management through previous experience in audit, product control, operational or risk management
  • Strong financial product and business acumen
  • Ability to work in a fast-paced environment
  • Strong verbal and written communication skills - able to present with impact and influence
  • Self-starter, work independently and proactively, proven track record of delivery
  • Strong organizational skills (project management experience a plus)
  • Attention to detail required


Qualifications

  • Tertiary education in banking, accounting or business administration
  • External; and / or internal banking and auditing or financial consulting or operational risk experience (a plus)