Analyst – RISQ/MDL
At Societe Generale Global Solution Centre (SG GSC), we are an equal opportunity employer. We are committed in recognizing 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.
We celebrate all of us, as we are. Bring your true and authentic self to be part of a diverse and inclusive ecosystem.
ROLE DETAILS
- Role Level: Analyst – RISQ/MDL
- Role Classification: Analyst
- Department: MDL (Models – Risk Models)
ORGANISATION
Société Générale Global Solution Center (SG GSC), a 100% owned subsidiary of European banking major Société Générale (SG). Our role and purpose are to enable the strategic vision of Société Générale Group. We are doing this by pioneering cutting edge innovation from Design Thinking to Smart Automation & Artificial Intelligence and applying it to banking. SG GSC provides services in the areas of Application Development and Maintenance,
Infrastructure Management, Business Process Management, and Knowledge Process Management to Société Générale business lines around the world.
“We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status”
Department
As part of the Risk Department, you will be at the center of Société Générale 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 on a daily basis. As a key business partner, the department is in close proximity to all of the Group’s business lines. Joining us would mean integrated into a network of proven excellent at the very center of bank’s activities, opening access to new and exciting development opportunities.
Within the Risk department, Models (MDL) act as the first line of defense (LOD1) on the scope of models serving the credit risk framework in the broad sense (IRB, IFRS9, Stress Tests, Environmental Risks on Credit Risk, Wholesale Rating) and operational risk. There are two teams under MDL (a) MDL/MOD which is responsible for Page 2 / 3 ABOUT YOUR ROLE ABOUT YOU development, calibration, and monitoring of model, and (b) MDL/DAT which is responsible for construction of modelling and monitoring bases and data quality management of models.
ABOUT YOUR ROLE
ROLE DESCRIPTION (SUMMARY):
At a high level, banks grant loans to retail and wholesale customers; the risk associated with not receiving the money back is termed as “Credit Risk”. Banks need to keep money aside to cover for these losses. The job is primarily to develop statistical models to quantifying this risk, so that adequate amount of money can be kept aside to cover for these losses. The MDL/MOD team develops, monitors, and calibrates these models, Whereas
the MDL/DAT team constructs the data required by MDL/DAT and other teams requiring similar data.
RESPONSIBILITIES
As an Analyst, your mission would be:
- Complete model development, monitoring, calibration, or data preparation missions forthe models developed by Société Générale Group MDL team.
- Deliver missions within agreed timelines, with desired quality benchmarks.
- Support MDL team in investigations.
- Ensure adherence to Group standards and Regulatory guidelines.
- Prepare a report to communicate results and findings from the missions.
- Present the results and findings to stakeholders.
ABOUT YOU
EDUCATIONAL QUALIFICATION:
Masters (or similar) in a quantitative subject such as Mathematics, Physics, Economics, Finance or Engineering, or a track record of performance that demonstrates this ability.
KEY SKILLS:
Required:
- Programing knowledge in SAS or Python or R.
- Excellent written (documentation) and oral communication skills in English.
Preferred: - 0 to 2 years of experience in regulatory credit risk (PD, LGD and EAD) and/or provision
(IFRS9) models - Exposure to banking book and knowledge of BASEL/IFRS9 guidelines is highly desirable;
Exposure to guidelines from European Regulators is desirable
LEADERSHIP SKILLS:
Client Focus, Team Sprit, Commitment, Responsibility and Innovation
Why you will love it here.
What does it mean to be an equal opportunity employer?
All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.”
Why Join Us?
Because we are a learning organization, and we empower you to be the best version of yourself. To cater to these unique journeys, we co-create an organization that everyone is proud and happy to belong to.
Our Employee Experience Program (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
At SG GSC, we are convinced that ‘The Future is You’ and that its people are drivers of change. The world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious. Together we can have a positive impact on the future. Creating, daring, innovating, and taking bold action are part of our DNA.
If you too want to be directly involved, grow in a stimulating and caring environment, feel useful daily and develop or strengthen your expertise, you will feel right at home with us