Consultant Expert - Operational Risk Specialist for NFR UK - Risks - Bangalore, India

Societe Generale SA; Bengaluru; On-site; INR 3,500,000 - 5,500,000; Full time

Job summary

Société Générale in Bengaluru is seeking an experienced Operational Risk professional to support the implementation and enhancement of the BU/SU risk framework. You will own assigned risk activities, engage stakeholders, and challenge risk controls in collaboration with the UK team.

The role involves preparing governance materials, incident reviews, and risk analyses for senior management, with strong emphasis on proactive risk identification and timely reporting.

Qualifications

• Knowledge of operational risk framework components (TPRM, incident management, RCSA, risk governance).
• Experience developing governance processes for risk frameworks.
• Ability to review risk controls and challenge risk issues independently.

Responsibilities

• Support implementation and enhancement of BU/SU operational risk framework.
• Deliver assigned risk activities with ownership and stakeholder engagement.
• Assist UK team in incident reviews, root-cause analysis and remediation plans.
• Prepare risk committee materials and governance reporting for UK stakeholders.
• Support RISQ/NFR in risk analysis and independent risk assessments.
• Coordinate risk activities with minimal supervision and escalate risks appropriately.
• Identify emerging risks and propose practical mitigation recommendations.
• Prepare risk summaries and governance packs for senior management.

Skills

Risk assessment

Governance

Stakeholder engagement

Independent challenge

Analytical thinking

Tools

Power BI

Microsoft Office

Job description

Responsibilities

• Support the implementation and ongoing enhancement of BU/SU ‘s operational risk management framework.


• Deliver assigned operational risk activities with a high degree of ownership, sound judgement and proactive stakeholder engagement, operating with limited supervision from the UK team.


• Support the effectiveness and compliance of the BU / SU ‘s operational risk management processes and sontrols.


• Review and challenge the application of operational risk standards and standards, including requests for exceptions where applicable.


• Support the embedding and ongoing enhancement of operational risk frameworks, including TPRM, NPSC, Incident Management, RCSA, Risk Acceptance and related governance processes.


• Assist the UK team in the review of significant business incidents providing independent challenge on the root cause analysis, remediation actions plan and loss assessment and supporting preparation of the RISQ/NFR Incident Memos.


• Support the preparation of risk committee materials and governance reporting, taking ownership of assigned sections and ensuring timely and accurate delivery.


• Support RISQ/NFR in delivering risk management initiatives through risk analysis, independent assessments and informed opinions on risk exposures and control effectiveness.


• Demonstrate a high level of autonomy in managing priorities, planning deliverables, identifying issues and escalating risks appropriately to UK management.


• Review and challenge Risk and Control Self-Assessment (RCSA) completed by LOD1 and support RISQ/NFR in preparation of UK LRE RCSA memos and related documentation


• Independently coordinate and manage assigned operational risk activities, ensuring timely delivery and quality outcomes while keeping relevant UK stakeholders informed.


• Proactively identify emerging risks, control weaknesses and themes requiring management attention.


• Prepare clear and concise risk summaries, governance materials and management reporting for review by UK stakeholders.


• Work closely with the UK RISQ/NFR team leads and elevate issues appropriately where management attention or resolution is required.

Profile required

• A good knowledge of the overall operational risk framework, such as: TPRM (third party risk management); Internal incidents investigation and management; RCSA; scenario assessments; operational resilience, Fraud risks, risk acceptance; NPSC (new product oversight), Risk issue management and KRIs (key risk indicators).


• Experience in developing and documenting governance processes supporting operational risk frameworks.


• Experience in conducting risk reviews on business activities or a thematic topic related to business risk independently.


• Good understanding of Wholesale BUs/SUs, the inherent risks they generate, and best practice control frameworks.


• Solid understanding of the various Business and Service Units operating in a Financial Institution


• Strong knowledge of risk management, specifically operational risks, related to wholesale activities (FO, MO and BO).


• Ability to independently assess information, draw risk-based conclusions and formulate practical recommendations.


• Experience preparing management information, governance packs, risk summaries and other materials for senior stakeholders.


• Strong analytical skills with the ability to identify themes, trends and potential risk exposures from multiple data sources.


• Good knowledge of Microsoft Office skills primarily Word/PPT/Excel.


• Knowledge and user experience of Power BI will be a plus


• Knowledge of IS/IT will be a plus


• 10-15 years of experience in Operational Risk, non-financial Risks, Internal Audit or related control functions


• Big 4 experience is preferred.


• Experience of working in a UK bank is preferred


• Experience of working in offshore-onshore model

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.