Quantitative Advisor - Model Risk Management(Validation, Market, Algorithm Trading& CCR)

ABOUT THE JOB:The Risk Management Department contributes to the sustainable growth of the Societe Generale group through its expertise, understanding of risks, and risk management techniques. The department’s mission is to independently analyze, assess, manage and monitor risk-taking activities with the objective of achieving, together with the first line-of-defense, the best possible outcome for the bank. The department oversees the enterprise, strategic, credit, market, liquidity, operational, model, and other risks of the corporate and investment banking business activities.Model Risk Management (MRM) team embedded within the Risk Management function in SG CIB oversees model risk management. MRM is responsible for the second line of defense for model risk and supervises the model risk management function for the SG America regions (US, Canada, and Latin America). In this respect, MRM notably oversees the SG America’s governance for model risk and conducts the independent review of the models in its scope.In detail, MRM’s main tasks are:The design of the SG America’s model risk management system, as well as its consistency, integrity, and compliance with regulatory provisions.The independent review of internal models within its scope.Managing the model approval process within its scope.Monitoring of the models’ performance, effectiveness of the MRM framework, and the model business environment on an ongoing basis.The Quantitative Advisor will participate in the development and maintenance of the continuous model monitoring (CMM) framework to assess the models’ performance, effectiveness of the MRM framework, and the model business environment on an ongoing basis. He/she will be working closely with cross functional teams, including model validators (Paris and NY office), model developers, business stakeholders, IT, auditors with exposure to a variety of models across the business and support functions.What will be your DAY-TO-DAY?In collaboration with Senior Quantitative Advisors and the team Manager, the Quantitative Advisor will:Conduct independent model review of relevant models that are employed in SG Americas at all stages of their lifecycle by:Assessing model conceptual soundness.Working with large, complex datasets to verify data input quality and processing.Replicating and reviewing model architecture.Analyzing model output through backtesting, benchmarking, sensitivity analysis.Ensure the model outputs are used in line with the intended purpose.Reviewing model ongoing monitoring.Evaluate model governance aspects.Draft detailed validation reports and communicate findings to stakeholders.Maintain positive relationships and continuous communication with model and business stakeholders.Skills and Qualifications:Must Have:Education: Bachelor's degree (Master's or PhD preferred) in a quantitative field such as Mathematical Finance, Financial Engineering, Statistics, or STEM.Experience: Minimum 3 years in model development, validation, or a front-office quant role; fewer years accepted with a PhD.Technical Proficiency: Strong programming skills in Python, R, C++, or similar.Data Management: Experience working with large datasets and quantitative analysis.Communication: Excellent written and verbal communication skills.Model Risk: Familiarity with model risk management practices and regulatory requirements.Additional Skills: Experience with market risk, counterparty risk, margining, or algorithmic trading models.Languages: French and EnglishDue to US Federal Securities law applying to this position, candidates who will apply for this position will be required to submit to an enhanced background screening.OUR BENEFITS:Minimum of 20 Vacation days + 4 personal daysSupportive Maternity, paternity, parental and adoption leave policy.Health spending and personal spending accounts.Fully sponsored virtual healthcare assistance.Various Employee Resource Groups (ERG) to engage with.A culture of continuous development by encouraging our employees various training programs.OUR CULTURE:At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation.D&I:Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce.HYBRID WORK ENVIRONMENT:Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site. #J-18808-Ljbffr