Responsibilities
Introduction to Role
The UK Finance Division (DFIN) is in charge of:
• Steering the financial and budgetary strategy of SGIL and SG London Branch, and its investment and development policy;
• Managing scare resources (liquidity and capital) and for regulatory reporting to the PRA for SGIL legal entity.
• Measuring and analysing the profitability of the activities portfolio (clients, businesses, geographies) and the use of all resources (overheads, balance sheet, capital, etc.);
• Certifying accounts (accounting quality, valuation methods, orders options, regardless of the production centres, external auditors, regulators, etc.;
• Ensuring the necessary support and the right level of expertise on the subjects of accounting standards, taxation, scarce resources and regulation;
Societe Generale International Ltd ('SGIL') is a Designated Investment Firm authorised and dual regulated by the PRA and the FCA and subject to UK CRR Prudential reporting requirements.
This role will be supporting SGIL in the UK. SGIL is a wholly owned subsidiary of SG SA and is integrated into the Global Markets Division ('MARK').
Key Purposes of Role
• This role is within the team responsible for the production of the Prudential Regulatory Metrics under UK CRR covering Liquidity, Capital, Large Exposures, Leverage and FINREP reporting.
• Responsible for the production, review, analysis, and certification of all prudential metrics allocated, to be provided to the Head of Finance Regulatory Production and the CFO ahead of submission.
• Oversee production tasks in Bucharest, ensure all processes have been correctly carried out and data quality checks performed.
• Investigate any issues identified and ensure business validation is obtained and reconciliations and control frameworks are in place and completed ahead of submission.
• To provide cross cover on the production of the metrics with other team members and this will provide exposure across the different regulatory metrics.
Key Responsibilities
• Responsible for the production, review, analysis, and certification of all prudential metrics allocated, as well providing oversight and review of all the reports produced by the Bucharest production team. Presentation with certification packs to be provided to the Head of Finance Regulatory Production and the CFO ahead of submission.
• Ensure process and methodological documentation is up to date and accurate.
• Follow up any data quality issues through the formal governance.
• Production and monitoring of metrics against Early Warning Indicators and reporting of metrics as part of monitoring against the Firm's Risk Appetite Statement to the monthly governance forums.
• As required production of reporting to SG Group to provide the contribution to the Group Solvency and Liquidity metrics and ensuring validation and certification packs are prepared and reviewed
• Contribute to ad-hoc requests from business lines.
• Bring continuous improvement of the processes within the team, leveraging automation wherever possible.
• Production of monthly quarterly data reports for computation with assurance pack for co-ordination with Group as required.
• Provide Solvency and Liquidity Metrics as inputs for the Firm's ICAAP, ILAAP and Recovery & Resolution Planning processes.
• Work with the Asset and Liability and Treasury team in the active management of solvency and liquidity positions.
• Assist with implementation of changes in the regulatory frameworks and regulatory rules as well as projects impacting the Regulatory department.
• Perform simulation of new products impacts
Profile required
• Detailed knowledge of UK CRR - Liquidity, Solvency and FINREP
• Thorough knowledge of balance sheet modelling and impacts upon the regulatory metrics, ability to link the business product sets to the regulatory reporting.
• Strong accounting knowledge
• Good communication skills are required as well as a relationship facility in team works
• This function implies many contacts in an international environment on technical topics which require excellent verbal and written level in English
• Considering the diversity of missions proposed (prudential regulation, functional, systems,...) the objective is to acquire a good knowledge of topics in their entirety;
• A high level of autonomy is expected, after a standard period of learning.
Why join us
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, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status".
Business insight
At Société Générale, 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.