Software Engineer
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At Societe Generale Global Solution Centre (SG GSC), we are an equal opportunity employer. We are committed in recognising and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union, minority, or any other characteristic that could be subject to discrimination.
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Model Risk Manager Junior - (M/F)
Environment:
Societe Generale Global Solution Centre (SG GSC) is a 100% owned subsidiary of European banking major Societe Generale (SG). Our role and purpose are to enable the strategic vision of Societe Generale Group 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 Generale’s business lines around the world.
As a part of the Risk Department, you will be at the center of Societe Generale’s 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 daily. As a key business partner, the department is in close proximity to all of the Group’s business lines. Joining us would mean integrating into a network of proven excellent at the very center of the bank’s activities, opening access to new and exciting development opportunities.
Mission:
The missions of the Model Risk Manager are part of the reinforced context of regulatory for European market (ECB banking supervisory), accounting and sound management requirements, relating to the supervision and monitoring of models and their challenges.
In this context, the Model Risk Manager Junior is polyvalent and can work on various range of problematic linked to the model credit risk such as IFRS9 and IRB for retail and non-retail portfolio. And could work on other topic linked such as data science model or transversal project.
The incumbent is an individual contributor, and he is in charge of the review (such as Annual review or independent review but not limited) of internal models within the risk department (RISQ/MRM department) of Société Générale.
Among other, and with support if required, he conducts review work of internal models of the bank:
- Consistent delivery of day-to-day activities,
- Manage intermediate level case studies and challenges with minimal
- Refer to governance/organization and regulation for the European market (BASEL, IFRS9, ).
- Understanding of credit life cycle, drivers of credit risk, model life cycle and basic understanding of components for computing RWA (PD, LGD, CCF, Correlation) and
- In-depth statistical understandings and application of statistical knowledge to day-to-day deliveries (reviews, transversal, ) encompassing but not limited to, econometric modelling using univariate and multivariate cross-sectional and time series and techniques to evaluate risk differentiation, risk quantification and stability aspects of model(s).
- He is able to brainstorm and challenge to find the solution or escalate the problem. He takes initiatives and participates in the life of the team (regular participation in internal MRM workshops, sharing of his knowledge including technical, organization of events …).
- He understands his environment and denote a clear appetence to learn.
Profile:
- Post-graduation degree in quantitative discipline (Statistics, Economics, Mathematics & engineering). Additional certification in estimation of credit risk parameters or machine learning techniques will be
- 0 to 5 years of working experience in Credit Risk model validation or model development, preferably in a bank or financial
- General/good knowledge and strong interest in industry practices pertaining to model risk management, preferably credit risk domain along with basic regulatory understanding of Basel I/II/III/IV, CRR, IFRS9 and ECB guidelines and
- Strong knowledge in statistical modelling In-depth statistical understanding including but not limited to descriptive statistics, univariate and bivariate analysis, regression methods and inferential statistics such as hypothesis testing.
- Very good programming and logical skills (SAS, R and/or Python). Functional knowledge of MS Office (Excel, Word, PowerPoint).
- Very good soft skills: (i) clear and concise communication skills, (ii) listen actively, ask questions, and clarify points, and (iii) fluent in writing reports to deliver technical
- Articulate the analyses performed and present it Communicate any challenges in review to mission lead/manager.
- High motivation, well organized and able to complete basics tasks independently, with high quality standards and in an agile and efficient
- An eye for detail and ability to participate to promote
- Fluency in English both oral and
Evolution:
Joining this team is an opportunity both in terms of strengthening expertise and of prospects for development within a group that operates internationally.
Position based at Bangalore (INDIA) - CDI
What does it mean to be an equal opportunity employer?
All qualified applicants receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Why Join Us?
Because we are a learning organisation and we empower you to be the best version of yourself. To cater to these unique journeys, we co-create an organisation that everyone is proud and happy to belong to.
Our Employee Experience Programmes (EXP) – Learning & Development, L.E.A.P (A young graduate learning initiative), upskilling initiatives for mid-level managers and women; holistic wellness programmers, various volunteering opportunities, and internal mobility opportunities, touches upon all level of an employee lifecycle.
Business insights
Societe Generale Global Solution Centre (SG GSC), a 100% 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 Société Générale ‘s business lines around the world.