Head of Global Risk Management SGSS SpA M/W

The Head of Global Risk Management at SGSS S.p.A. reports directly to the CEO of SGSS S.p.A. and functionally to the Head of RISQ/NFR/SUP, under the Board of Directors' supervision.

Tasks and responsibilities:

The Head of Risk Management serves as the point of contact for the Bank of Italy

He/She is responsible for organizing activities within the division and establishing team priorities

The responsibilities of the Head of Risk Management include:

Ensuring that all risks facing the Bank are identified, assessed, measured, monitored, managed, and appropriately reported to the relevant units of the Board of Directors and Société Générale Group

Providing independent and objective risk assessments (such as periodic reviews of the RCSA and coordination of ICAAP and ILAAP) and supporting Executive Management in maintaining effective risk management for local activities

Offering an overview of the SGSS Risk Management system and providing senior management with information to facilitate informed decisions regarding risk-taking. This includes advising on identifying and measuring key risks and evaluating controls in current and emerging business areas

Organizing and/or testing the effectiveness of the risk management framework, particularly in governance, risk ideAntification and mitigation, and first-level controls. The role also includes conducting second-level controls to verify the completeness and effectiveness of controls performed by the first line of defence

Recommending enhancements to the risk management framework and suggesting corrective actions to address breaches of risk policies, procedures, and limits

Tasks:

Oversee the implementation of the Société Générale Group Risk Management framework to ensure that Group risk policies are applied and followed locally

Review alignment of Group guidelines with local regulations and suggest modifications as needed

Implement regulatory changes related to risk management

Continuously assess the effectiveness of Risk Management processes and the appropriateness of operational limits

Participate in validating exceptions or deviations from SG Group operational risk policies

Organize the local Risk Committee and contribute to the ALM committee

Report risks periodically and independently to the Board of Directors

Provide assessments on significant credit exposures and monitor limits according to the Bank’s risk appetite

Manage capital allocation for credit, operational, and liquidity risk by evaluating potential risk reduction methods

Establish the annual 2LC control plan and present it to RISQ/CTL.

Carry out independent 2LC controls and provide both local and central management with reports on results. Recommend adjustments to the level 1 control framework as necessary

Review and challenge analyses and action plans proposed by LOD1 regarding major operational incidents.

Monitor the implementation and effectiveness of action plans

Offer independent opinions on risks associated with new product launches

Supervise local governance for IT risk and Information Security

Review risk assessments for local IT or IS projects and provide independent input

Promote “Risk Culture” within SGSS and oversee staff participation in training initiatives related to risk management topics

Studies & experience:

Bachelor’s in Finance, Economics, Business Administration, Mathematics and Statistics or Engineering

A Master of Science in Financial Risk Management is considered a relevant qualification

Proven work experience 15+ Years within the relevant corporate control function with Italian or foreign intermediaries, in particular banks

Language skills:

Italian: C2

English: C1

French: preferable

Technical, operational & Soft skills:

Leadership and Influence: Leading risk management initiatives and influencing organizational behavior toward risk awareness. Inclusive people management skills. Inspiring commitment by example and consideration. Leading change through influence

Negotiation Skills: Balancing diverse interests to achieve risk mitigation without compromising business objectives. Systemic Thinking. Cross-functional collaboration

Effective Communication: Clearly articulating risk issues and mitigation strategies to both technical and non-technical stakeholders. Strong verbal, written, and interpersonal communication skills

Analytical Thinking: Ability to critically evaluate complex information and foresee potential risks

Attention to Detail: Meticulousness in reviewing data and processes to ensure accuracy

Adaptability: Flexibly responding to regulatory changes, market dynamics, or internal shifts

Ethical Standards and Integrity: Upholding transparency and compliance with laws and regulations. Acts responsibly and ethically

Result Orientation: Focusing on achieving measurable risk reduction and control outcomes. Prioritizes client benefit while managing group risks

Problem Solving: Proactively identifying issues and developing practical solutions under pressure

Maintaining composure and decision-making clarity in high-pressure or crisis situations. Offers and defends independent perspectives. Works autonomously. Effective in time management and prioritization

The Head of Global Risk Management is a member of the following Committees at SGSS S.p.A.:

Asset and Liabilities Committee (member)

Body for the periodical analysis of controls (member)

Claims Committee (member)

Enterprise Risk Committee (co-chairwoman/man)

Internal Control Functions Committee (member)

New Products and Outsourcing Committee (co-chairwoman/man)

Normative Documentation Committee (member)

Outsourced Services Review (LOD1) Committee (member)

Process Mapping Committee (member)