INTERNSHIP - Client Position Regulatory Reporting Analyst - Chicago

Internship|Chicago|Banking operations processing

INTERNSHIP - Client Position Regulatory Reporting Analyst - Chicago

Chicago, United States Internship Banking operations processing

Responsibilities

The purpose of the position is to act as a support person in regulatory reporting department. The position duties include checking large trader and open interest adjustments in the exchange and CFTC systems

 

Day-to-Day Responsibilities:

  • Verification of open interest / position management adjustments on the CME.

  • Verification of open interest  / position management adjustments on ICE US

  • Verification of open interest  / position management adjustments on ICE Canada

  • Verification of CME large trader adjustments

  • Verification of CFTC large trader adjustments

  • Assist with any audit required for regulatory reporting

  • Document Storage

  • Assist with any projects as requested

  • Makes sure any alert raised is well addressed and your immediate manager is notified of the situation

  • Notify your manager immediately in case of any discrepancy in a position that is expiring or in notice period for delivery

  • Assist with updating and the writing of procedures and documents workflow

  • Participates in local projects to optimize daily tasks

Profile required

Technical Skills:

  • Proficiency in Microsoft Office Excel

Desired / Plus:

  • Comprehensive understanding of futures products and the physical deliverable products

 

Competencies:

  • Estimates the risks or opportunities of one’s own actions and initiatives

  • Organizes follow-up with client services or affiliate to ensure problems are resolved

  • Identifies opportunities to increase efficiency

  • Willingly accepts challenging assignments

  • Understands and can explain why changes are being implemented

  • Steps forward to provide extra support to team leader and colleagues when necessary

 

Qualifications:

Desired / Plus:

  • 1+ years of applicable experience required

 

Educational Requirements:

  • Studies in Accounting, Finance, Mathematics or other quantitative subjects is preferred

 

Additional Requirements:

Must be able to start at 5:00 AM CST or 6:00 AM CST.

 

Languages: (Other than English)

Business insight

Department Summary:

The Operations Department (“OPER”) handles the middle and back office functions for all Global Banking and Investor Solutions (“GBIS”) business lines (Markets & Financing) and International Private Banking. OPER implements all necessary means to ensure the operational, administrative and financial processing market and credit operations initiated by business lines.  In addition, OPER ensures the control and security of transaction processing in accordance with current financial legislations.

OPER, which operates within GBIS, is responsible for the following at worldwide level:

  • Making available all the resources required for the administrative and financial processing of market and credit operations initiated by the various Business Lines
  • Performing level one auditing in accordance with regulatory requirements, and setting up all the facilities required for secure processing of transactions,
  • Managing operational risks
  • Participating in drawing up economic and accounting results for SG Coverage and Investment Banking & International Private Banking operations

OUR CULTURE: 
At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.

D&I: 
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision: 
•     Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
•     Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents 
•     Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

HYBRID WORK ENVIRONMENT:
Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.

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, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000RI4
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: immediate
Publication date: 2022/11/17
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