The General Inspection: 3 key functions
To conduct internal advisory and audit missions
The General Inspection's core activity is to evaluate through audit and advisory missions all aspects of the Group's organisation, methods and activities.
According to the identified stakes, the missions will cover different aspects, notably :
- Development strategy (commercial strategy, investment choices, profitability, competition …);
- Degree of risk control (credit risk, market risk, transactions quality and security risk, compliance-related risk, etc.);
- Organisation and Human Resources management;
- IT systems and IT projects;
- Administrative and accounting management's quality (procedures audit, respect for regulatory standards).
The General Inspection plays an essential role in transmission of vital information to the Group's executive management, by providing:
- An assessment of quality Risk management within the company;
- A constant flow of recommendations for the evolution of the Group's activities in the short, medium and long term.
To participate in the Group's strategic projects
The General Inspection is regularly involved in the examination of Société Générale's key strategic projects:- Valuation of acquisition targets in France and abroad
- Preliminary studies for the implementation of major projects
- Internal reorganisations, etc.
To propose added-value recommendations for the top management
At the end of each mission, a written report is sent to the Group General Management. In this report, you will be expected to formulate clear and detailed opinions on the different aspects of the activity examined and on the initiatives and actions of its management. These missions are very similar to audits of management. Hence, your efficiency within the General Inspection will depend not only on your ability to apprehend the activities examined, formulate your own opinions and propose strategic orientations and operational recommendations, but also on your strength of conviction in presenting your opinions both orally and on paper.The General Inspection sets the example
Approximately one hundred missions per year covering all Group's activities.
Among the missions performed:
- Evaluation of the Corporate and Investment Banking Division activities and entities: Real estate, Cash management, Forex activities, SG Australia, SG Frankfurt;
- Audit of the Retail Banking activities in France (Société Générale and Crédit du Nord networks, distribution of Life Insurance products) and abroad (Russia, Tunisia, Egypt, etc);
- Evaluation of Asset Management activities (SGAM UK), of Securities Services activities (Custody) and of Wealth Management activities (Private Banking UK);
- Audit of the Specialised Financial Services subsidiaries (Consumer Credit in Russia, Leasing & Factoring in Norway) and the Insurance subsidiaries (Life & Non-life);
- Examination of the Group's central and transversal activities (Human Resources, IT, Accounting, etc);
- Involvement in transversal and highly strategic missions (reorganisations, acquisitions etc.).
ACCESS TO
General Inspection Entrance Examination