Description of the Business Line or Department
Société Générale Securities Services (SGSS) is part of Global Banking & Investor Solutions (GBIS), a key pillar of Société Générale’s universal banking model.
Société Générale Securities Services (SGSS) has been active in Ireland for 20 years and is a leading player in servicing Irish domiciled and offshore collective investment vehicles. We act locally as fund administrator and depositary for a wide range of international clients who manage schemes from UCITS to AIFs including private equity and real estate structures, hedge funds and special investment vehicles.
Within SGSS Ireland, you will join the SBO team which provides a full line of local and global custody services, as well as clearing, issuer and trustee services. It is structured around three operational businesses, one of those being Trustee & Depositary Services (TDS).
Summary of the key purposes of the role
Reporting to the Custody Manager, the Custody Administrator is responsible for, amongst other things; overseeing custody requirements with regard to Irish and non-Irish domiciled collective investment schemes to ensure that they are operational with regard to cash, securities and corporate actions settlement and ensuring the correct setup of accounts for these schemes in general. In addition the Custody Administrator will support the middle office activities of SBO.
Summary of responsibilities
In a very dynamic and growing business the Custody Administrator will be involved in projects, new products launching, middle office functions and understanding structured financial deals.
Banking & Custody Services
Input and amendment of client securities transactions as well as monitoring timely settlement.
Ensure accuracy of automated client settlement instructions; investigate failing trades & consult counterparties/brokers where necessary.
Liaise with Fund Administrators for stock & cash reconciliation.
Collaborate with SGSS sub-custody network to attend to client requests efficiently.
Work with the tax team on tax set-up for clients.
Monitor corporate events and ensure these are reflected on client accounts.
Liaise with the various teams in Paris & Nantes on post-trade/custody and middle office specific queries.
Calculation of client invoices and distribution of invoices to clients on a monthly basis
Attend to client access needs with respect to the SGSS custody interface
Completion and circulation of Custody Confirmations when requested from auditors.
Input and amendment of client securities transactions as well as monitoring timely settlement