Equity Flow Trade Support – Securities Financing & Delta One

 Hong Kong, Hong Kong       Permanent contract        Banking Operations

Responsibilities


Primary Objectives: 

With our regional headquarters in Hong Kong – a core hub of the worldwide Societe Generale Group – we employ over 10,000 employees in the region. Our expertise here ranges from corporate and investment banking to asset management, securities services, global transaction banking and specialised financial services.

Within the Middle Office department, the team is responsible for managing in the different information systems the post-trading activities related to Securities Financing activities for the following trading desk:
  • Delta One, ETF Market Making, Stock Loan, Financing and Synthetic Prime Brokerage
Trade Support ’s mission is to ensure all new trades and life cycle events are correctly reflected in the relevant information systems / database:
  • for Front Office to have a clear and accurate view of their positions and risks,
  • for Back office to ensure smooth settlement for all trades,
  • for Finance and Risq to compute economic and accounting PnL in due time.
As first link of the operational chain, Trade Support is also the first level of control for the business

Major Accountabilities/Principal Responsibilities:


Duties

  • Product scope: Vanilla Equity Derivatives Products including Delta one and Financing products (DPS, ELS, EMTN, CB, Repo, ETF, Stock loan…) as well as hedge products (Cash Equities, Future and listed Option, Fx…)
  • Assist with the monitoring and booking of vanilla product in the FO and Back-Office (BO) information systems including negotiated or market event and product maturity
  • Control over the quality and completeness of the recorded data
  • Analyse and regularize the discrepancies reported by the Control Middle Office and other stakeholders
  • Assist with client reporting and client queries
  • Follow-up of transversal issues (systems, financial, accounting ...)
  • Streamline the different workflow through automation and process review
  • Contribute to defining specifications and performing UAT for new information systems
  • Ensure booking timeliness; provide justifications for any late bookings and amendments
  • Write down / update procedures linked to sensitive processes and controls
  • Assist FO on their specific requests with effective and innovative solutions
  • Work closely with other teams ((Traders, Engineers, Sales, Other Middle Offices, Risq, Back Offices, IT) in different regions (Asia, Europe, America) to deliver a seamless client experience
  • React in a timely manner to incidents and develop action plan for the long term

Profile Required


Key Skill Areas & Knowledge Required:
  • Hold a relevant Bachelors or Masters degree in Finance, Engineering, Mathematics and Information Technology or similar
  • Vanilla equity derivative products knowledge
  • Demonstrates operational risk detection and analysis capabilities
  • Client focus: consistently search for ways to improve our client service
  • Excellent communication skills; required to work with various internal partners
  • Strong and sharp analytical and problem-solving skills
  • Fluent English is mandatory
Behavioral Competency Required:
  • Team Player: Make cooperation between colleagues, inside and outside the team, a priority
  • Responsible, proactive and positive mindset
  • Result oriented: demonstrate strong drive to achieve result while well estimate risk of own actions
  • Think out of the box, propose new ideas and solutions on identified problems or existing processes for the sake of continuous improvement
  • Accuracy, swiftness, ability to work under pressure in trading environment

Business Insight


Societe Generale is one of the leading financial services groups in Europe. Based on a diversified and integrated banking model, the Group combines financial solidity and a strategy of sustainable growth.

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: 200009LL
Business unit: SG Securities (HK) Limited
Starting date: Immediate
Date of publication: 25/05/2020
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Equity Flow Trade Support – Securities Financing & Delta One

Permanent contract   |   Hong Kong   |   Banking Operations