Trainee - Risk Analyst, Societe Generale India (Mumbai)

Societe Generale; Mumbai; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Societe Generale in Mumbai, India, is seeking a risk management professional to support the Chief Risk Officer with risk assessment, monitoring, and regulatory reporting. The role focuses on VaR, PV01, market risk limits, and credit risk oversight within Treasury-aligned activities.

The candidate should hold advanced degrees or professional finance qualifications and possess strong mathematical and analytical skills, with proficiency in Excel VBA. English language fluency is required.

Qualifications

• Academic background includes post-graduation in Science/Commerce or professional finance qualifications (CA/CFA/MBA).
• Experience in Treasury activities and basic knowledge of FX, money market, fixed income and derivative products.
• Strong mathematical, statistical and analytical abilities; English language skills.

Responsibilities

• Daily generation of VaR report with validation checks, variance analysis and back-testing.
• Compute daily PV01 and monitor PV01 against internal limits.
• Prepare gap reports for interest rate swaps and monitor accrual P/L risks.
• Ongoing monitoring of FX limits reported by Regulatory Reporting team.
• Daily monitoring of group Market Risk limits in line with Treasury's P/L.
• Compute Market Risk Capital Charge and RWA on market instruments.
• Prepare regulatory Market Risk reports.
• Monitor credit and counterparty risk and address overshoot positions.
• Support CRO in policy/standard documents for credit, market and operational risk.
• Support CRO in compiling decks for ER Committee, Apex Committee and other forums.

Skills

Mathematical ability

Statistical ability

Analytical thinking

English communication

Education

Post-graduation in Science/Commerce

CA/CFA/MBA finance

M.Sc. Maths

MSc Stats

MSc Physics

M.Tech

FRM/PRM certification (advantage)

Tools

Excel VBA

Job description

Job Summary

Responsible for tasks related to risk management which would involve assessment, measurement, monitoring and management of Risk of Societe Generale, India and providing necessary support to the Chief Risk Officer.

Main Responsibilities

• Daily generation of VaR report in Global Tools. Perform validation checks, variance analysis and Back‑testing on a regular basis.
• Computation of daily PV01 and monitoring of the portfolio PV01 against the prescribed internal limits.
• Prepare the Gap reports for interest rate swaps and monitor the risks on the accrual P/L.
• Ongoing monitoring of FX limits reported by the Regulatory Reporting team.
• Daily monitoring of group Market Risk limits and ensure it is in line with the Treasury’s position and daily P/L of the Treasury.
• Compute Market Risk Capital Charge and RWA on market related instruments.
• Prepare regulatory reports related to Market Risk.
• Monitoring of credit and counterparty credit risk and follow‑up on the overshoot position.
• Supporting CRO in formulating / reviewing policy / standard documents (credit risk, market risk, operational risk)
• Supporting CRO in compiling decks for Enterprise Risk Committee; Apex Committee and other Committee or forums requiring risk contribution.
• Any other task that may be entrusted by the Chief Risk Officer in case of exigencies.

Required Qualifications

• Academic Background (degree and major): Post‑graduation in Science / Commerce; CA/CFA/MBA finance or equivalent; M.Sc. Maths; MSc. Stats; MSc. Physics; M. Tech. Holding a FRM or PRM certification will be an added advantage.
• Working Experience / Technical Skills & Know how: 0-2 years of related experience in Treasury activities (Mid Office, Front Office, Market Risk); Basic knowledge of FX, money market, fixed income and derivative products.
• Skills & Competencies: Sound mathematical, statistical and analytical abilities.
• Language Skills: English.
• Computer Skill: MS Windows, MS Office with good knowledge of advanced Excel and Excel VBA.

Societe Generale is an equal opportunities employer and believes that a diverse and inclusive workforce should be encouraged and recognized.