Financial Analyst (Regulatory Reporting Controller - Senior Specialist)

Reference 25000CP9

Responsibilities

ABOUT THE JOB:

Société Générale’s internal control is based on Permanent control (1st & 2nd Level) and Internal Audit that are separate and independent from each other while being complementary.

The Financial Supervision & Control Team (“CTL”) is part of the Second Level Permanent Control Teams that is responsible of monitoring the effectiveness of the accounting and financial control framework which aims at ensuring the quality and accuracy of Société Générale’s (“SG”) financial statement substantiation, regulatory reporting, liquidity and capital management. It is a transversal role covering Control Testing/Reviews for SG Investment Banking Business Lines which are linked to SG entities across the Americas. The individual will be part of the CTL Team that designs test plan, collects samples, independently tests, and reports on test results and conclusion of operational and financial control effectiveness of SG Americas Securities financial and regulatory reporting. The CTL Team is responsible for the control test of all processes that have an impact on the financial and regulatory reporting, throughout Front office, Middle office, Back office, Risk and Finance Department process from transaction input to financial and regulatory reporting. Aside of regulatory reporting, the individual will have the opportunity to interact with global teams and learn the front to end process of a variety of financial products held by SG’s U.S. and Canada entities, including corporate loans, letters of credit, securities, repos and securities borrow/loans, derivatives, money market products, broker-dealer operations, underwriting, etc. In addition, the individual will also lead or participate projects that enhances the Second Level testing. Examples of projects includes methodology improvements, digitalization, data analytics, etc. The CTL Team of Americas has locations in Canada, U.S. and Brazil, and is composed of team members with various background and expertise in order to cover a wider spectrum of processes and topics.

What will be your DAY-TO-DAY?

• Manage the CTL team of Canada. Participate in objectives setting, evaluation feedback inputs, coaching the team and administrative tasks. Guide and train new or/and junior staff. Assume a leadership role within the team and take an active participation to the longer-term goals of the Finance Control team.
• Manage and perform all aspects of accounting and financial reporting level 2 control reviews (Including but not limited to identifying financial risk areas, conducting walkthroughs, testing control execution and identifying control ineffectiveness, communication and follow-up of improvement areas) over repo/reverse repo, stock borrow/lending, fixed income securities, equities, derivatives, margin, loans, letter of credit, money market products etc.
• Propose improvements to the operational and financial control framework on the branch and broker dealer regulatory reporting processes .
• Monitor on the applicable perimeter, the evolution of the risks, the normative and regulatory changes and the projects.
• Represent the Finance Controls team in front of Senior Management
• Engage in equal footing with the first control teams to independently identify, measure, control and report aggregate risks.
• When applicable, lead staff assigned to the level 2 control reviews towards the set objectives (Set clear control steps and objectives to assigned staff, manage allocated time and remain within budget, organize communication and status meetings with other members part of the same project, provide feedback when applicable)
• Stay abreast of industry trends/developments to determine their impacts on SG's regulatory reporting framework.
• Promote technological improvements to the level 2 control function by automating workflows using business intelligence tools (Alteryx, Knime, PowerBI, Spotfire, etc.)
  
  

Although the position primarily focuses on financial reporting, the controller will have the opportunity to assess the control framework of other Societe Generale activities that have an impact on the financial reporting.

Required

Profile required

Skills and Qualifications:

Must Have:

• Strong audit and accounting skills as well as good knowledge of accounting principles under IFRS and US GAAP
• Product knowledge in financial products --- repo/reverse repo, stock borrow/lending, fixed income securities, equities, derivatives, margin, loans, letter of credit, money market products etc.
• Advanced written and verbal communication skills and presentation skills
• Minimum 7 years of experience in Audit, Financial controllership, Financial Consolidation & Supervision under Banking & Financial Industry
• Bachelors degree in Finance, Accounting, or related field.
  
  

Nice to Have:

• Strong audit skills
• Advanced degree a plus
  
  

LANGUAGE:

Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States.

Due 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, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority ("FINRA")

Why join us

OUR BENEFITS:

WHAT WE DO DIFFERENTLY AT SOCIÉTÉ GÉNÉRALE

Competitive compensation & benefits offering, including but not limited to:

• Minimum of 20 Vacation days + 4 personal days
• Supportive Maternity, paternity, parental and adoption leave policy
• Health spending ($2,000/year) and personal spending ($1,000/year) accounts with 75+ eligible reimbursement categories (health, training, electronics etc.)
  

Fully sponsored virtual healthcare assistance and Employee Assistance Program to you and your immediate family

Various Employee Resource Groups (ERG) to engage with such as Pride and Allies, American Women Network, Black Leadership Network, One planet, etc.

• A culture of continuous development by encouraging our employees various training programs (online training and coaching platform such as Coursera, GoFluent, Pluralsight, First Finance, and others)
  
  

Business insight

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

OUR CULTURE:

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate. For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

D&I:

Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision:

• Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
• Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents
• Engage our community and marketplace, and position the organization to meet the needs of all its clients
  
  

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

HYBRID WORK ENVIRONMENT:

Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols. Hybrid work arrangements vary based on business area. The applicable business lines will determine and communicate the work arrangements that best meet their business needs.

Diversity and Inclusion

Societe Generale is an equal opportunity employer and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law. We strive to write our postings as inclusively as possible. If, however, one gender is used alone in this display, it designates persons of all gender identities.