12 months’ contract: Client Money Control Officer

 Singapore, Singapore       Permanent contract        Banking Operations


The purpose of this position is to support the MARK Prime Services Clearing business on the Futures & Options segment in relation to client money reconciliation, compliance and control, as well as relevant post trade activities of APAC listed derivatives markets. The scope of client money reconciliation includes Australia, Singapore, HK and Japan locations.

The successful candidate’s responsibilities include the following, but is not limited to:

  • Assist the Operations Manager to:

- perform the daily client money reconciliations & controls for APAC exchanges and ensure compliance with the regulations of the relevant jurisdictions,

- perform critical review and challenge existing systems, processes & controls for continuous improvement,

- ensure best practices across cash handling processing or control functions in relation to client money requirement & compliance 

- oversight the day-to-day operational activities of exchange settlement and cash management activities for APAC markets

- contribute and drive APAC entities client money committees

  • work closely with local or regional Compliance teams and Operational risk team, as well as local entity stakeholders
  • Perform daily transactional activities, position & event management and ensure their completion on a timely manner
  • Perform investigation for proper resolution &/or direct them to appropriate teams as appropriate.
  • Ensure that all key controls are completed appropriately and on a timely basis.
  • Report and escalate significant issues and blocking points to manager on a timely manner.
  • Develop an expertise of the Societe Generale business and organization, as well as the general Clearing business to have an adequate understanding of the business and the supporting platform.
  • Cover for any other activities as the need arises to back up the team in a pro-active and professional manner
  • Cross train with teammates regularly and ensure effective communication/handovers of BAU activities among team members
  • Contribute to BAU change topics or improvement plans as required
  • Maintain up to date procedures of the tasks covered, and make sure to adhere to the Group policies and exchange rules as appropriate

Profile Required

Academic Background And Certifications, Experience

  • 5-8 years’ experience in cash management and client money management. Detailed knowledge and understanding of the Client Money & Assets is a must
  • Possesses a good understanding of treasury & payment in the Listed Derivative ETD sector
  • Understanding the clearing, post trade processing of ETD &/or Finance is an advantage

Operational Skills

  • Fluent in written and spoken English. Other Asian languages will be an advantage (Japanese, Korean, Chinese) 
  • Ability to work effectively and efficiently under pressure 
  • Strong analytical and numerical skills
  • Keen eye for details
  • Enthusiastic and self-motivated
  • Self-starter, and ability to work independently 
  • Ability to work within team with diverse cultural backgrounds 

Behavioral Skills

  • Collective Mindset
  • Results-Oriented
  • Risk Awareness
  • Interpersonal Skills
  • Willing to Learn and Develop Skills
  • Thinking Out of the Box

Business Insight

Societe Generale* is one of the largest European financial services groups. Based on a diversified and integrated banking model, the Group combines financial solidity with a strategy of sustainable growth, and aims to be the reference for relationship banking, recognised on its markets, close to clients, chosen for the quality and commitment of its teams. 

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Job code: 20000IRX
Business unit: Societe Generale Singapore Branch
Starting date: Immediate
Date of publication: 21/09/2020
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12 months’ contract: Client Money Control Officer

Permanent contract   |   Singapore   |   Banking Operations