INTERNSHIP - Client Position Regulatory Reporting Analyst - Chicago
Responsibilities
This is a six to twelve month program with the potential to be hired full time.
The purpose of the position is to act as a support person in the Regulatory Reporting, Delivery and Change Management departments. The day-to-day responsibilities will be a mixture of tasks from all three departments but may not include all the responsibilities listed for any given day. LRD, which operates within EQD, is responsible for the following at worldwide level:
- Making available all the resources required for the administrative and financial processing of derivative markets 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
Day-to-Day Responsibilities Regulatory Reporting/ Deliveries:
· Verification of open interest / position management adjustments on the CME.
· Verification of open interest / position management adjustments on ICE US
· Verification of CME large trader adjustments
· Verification of CFTC large trader adjustments
· Verification of delivery positions
· 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
Day-to-Day Responsibilities Change Management:
· Participates in local projects to optimize daily tasks
· Identify possible improvements, manage projects
· Collect and formalize the requirements to implement improvements, and participate in the
design, testing, and implementation of the solutions.
· Participate in any implementation of organizational or technical solutions in response to the
need for optimized processing.
· Operations and Customer Services Functions
· Work with clients, Account Executives, business managers and operation teams to manage
projects and define business requirements for assigned projects and other enhancement
requests
· Proactively follow up on assigned projects/tasks to make sure business needs are being
carried out as planned.
· Perform user acceptance testing of in-house or 3rd party applications prior to deployment in
production
· Create or update functional support documents
· Analyze specific functional processes and procedures, closely manage issues in relation to
process decisions and preferences, and search for best practices and propose solutions
· Participate in the definition, implementation, and monitoring of Key Performance Indicators for
the Operations Department
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 6:00 AM CST.
Languages: (Other than English)
Business insight
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.
For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)
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.
Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.