
Societe Generale
New york, NY
Société Générale is a universal bank. The Group consists of three main pillars backed by two business lines. Société Générale is often nicknamed SocGen in the international financial world.
Société Générale's three pillars, at the heart of the development of its relationship banking model, are:
- Retail Banking in France (Société Générale, Crédit du Nord and Boursorama)
- International Banking and Financial Services (IBFS)
- Corporate and Investment Banking (SG CIB), with investment banking and fixed income, structured financing, debt and forex activities on the one side, and equity and consulting activities on the other.
The development of these three pillars is backed by two other core activities, namely:
- Specialised Financial Services & Insurance
- Private Banking, Global Investment Management & Services
Job Specifications
Location
New York
Published
6 hours ago
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V.I.E. Junior Business Analyst
ResponsibilitiesThe SGUS Risk on Market Activities Department (“RISQ/AME/RMA”) is organized under the authority of the US Chief Risk Officer (“CRO”). It constitutes the primary independent risk management function (second line of defense “2nd LOD”) for market and structural activities and ensures the continuous and independent oversight of risks generated on a large range of the SGUS businesses under both normal and stressed conditions.Under the US Chief Risk Officer (“US CRO”), the RISQ/AME/RMA Department establishes and maintains a framework that is both appropriate for the size, complexity, and risk profile of SGUS and aligned with the Market Activities and Risk tolerance defined within SG RAS. The purpose of the framework is to capture SGUS’s material risks and confirm that the bank operates within the approved risk tolerance.The functions performed by RISQ/AME/RMA Department are critical components of the bank’s Enterprise Risk Management function. The RISQ/AME/RMA Department is actively involved in market activities business transactions by influencing and challenging risk-taking decisions. The RISQ/AME/RMA Department can escalate items of concern or interest to Senior Management through the ERC process. The US CRO can escalate issues to senior management (through the RiskCo) and the SG Board USRC when activities do not align with the firm’s overall market risk.The Junior Business Analyst belongs to the RISQ/AME/RMA Organization team and works under the direct supervision of the RISQ/AME/RMA/BRM senior Project manager, The Junior Business analyst performs the following tasks:1. Projects & Strategic InitiativesSupport the execution of key initiatives impacting the Market Risk and Counterparty Credit Risk departments, ensuring effective coordination among stakeholdersContribute to process improvement and governance enhancement initiatives to strengthen operational efficiency and control frameworksAssist with the implementation of regulatory, audit, and strategic initiatives impacting Risk activitiesSupport ad hoc analyses and special projects as requested by management2. Risk Management & GovernanceManage and oversee the tracking of issues, findings, recommendations, and remediation actions related to Market Risk and Counterparty Credit RiskMonitor action plans, challenge progress when appropriate, and provide regular reporting to management and governance committeesCoordinate responses to internal audits, regulatory reviews, and control assessments, ensuring timely and consistent follow-upProduce risk governance materials, management presentations, and status reports for senior stakeholdersPartner with Risk teams, Front Office, Finance, Compliance, and other control functions to support risk governance activities3. COO Function & Business ManagementSupport the Risk COO function through governance, reporting, planning, and departmental coordination activitiesPrepare management dashboards, committee materials, and executive presentationsMaintain and enhance departmental procedures, documentation, and governance frameworksAssist with budgeting, resource planning, and other business management activitiesContribute to ad hoc initiatives and operational priorities driven by senior managementA questionnaire will be provided to you in order to check your VIE (Société Générale and Business France) eligibility. For an efficient analysis of your application, please make sure to truthfully answer all the questions.Kindly note that it is also mandatory to provide us with a formal proof of your M2 diploma validation before the assignment start date. No VIE mission will start without this document. *Grade sheets are not accepted as justification of the diploma.Profile requiredPLEASE NOTE that since this program is primarily an international development program, candidates cannot apply to a VIE assignment in their own country of citizenship.To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.Studies & experience:Graduate with a Master's degree from a Business/Engineering School or UniversityPrevious experience in financial markets and banking activities would be appreciatedLanguage skills:Fluent in EnglishOperational, technical & soft skills:Strong organizational and coordination skillsGood communication and presentation skillsProficient/Good command of MS OfficeAbility to work independently while interacting with senior stakeholdersAbility to manage multiple stakeholders and follow up on action plans The VIE assignment in a nutshellThis VIE in New York is to begin March 1st, 2027, but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 18 months.In case a visa is necessary, please make sure your passport is valid up to 6 months after the end of the VIE contract to not delay your departure.The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information (including your financial indemnities), please see Mon VIE-VIA Business France.Why join usAs soon as you arrive, you will be integrated into our teams and will learn every day alongside our experts, who will support you in your tasks. Gradually, you will become more independent in your projects, making this experience a real career accelerator. You will also discover all the diversity of our businesses, in a sector that is constantly evolving and innovating.At the end of your VIE, various opportunities could be offered to you, in France and abroad.Business insightAt Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious. Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA. If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!Still hesitating? You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.