Listed Derivatives Middle officer
Responsibilities
i) Manage the daily client money reconciliations & controls for APAC ETD markets and ensure compliance with the regulations of the relevant jurisdictions.
Scope of activities include: Critical review and challenge existing processes & controls for continuous improvement, ensure best practices across cash handling processing or control functions in relation to client money requirement & compliance, prepare and present quarterly Client Money governance decks to senior management.
ii) Support daily regulatory reporting obligations to APAC exchanges, ensuring timely and accurate submissions
iii) Handle operational activities of exchange margin settlement and cash management activities for APAC markets
iv) Manage trade break management, position & event management, which may include attending to relevant client queries
- Ensure that all key processes & controls are completed appropriately and on a timely basis.
- Perform investigation for proper resolution &/or direct them to appropriate teams as appropriate.
- Report and escalate significant issues and blocking points to manager on a timely manner.
- Contribute to BAU change topics or improvement plans as required
- 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
- Interact with business & compliance stakeholders and liaise with external parties such as auditors, regulators
- Maintain up to date procedures of the tasks covered, and make sure to adhere to the Group policies and exchange rules as appropriate
- 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.
Profile required
- Hands on experience in ETD post trade activities, position reporting and client money management
- Having a good understanding of Exchange Traded Derivatives sector
- GMI experience essential/advantage
- Good interpersonal and communication skills, sense of service, and flexibility are essential requirements
- 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.
- Self starter, and ability to work independently
- Ability to work within team with diverse cultural backgrounds
- Knowledge of MS Office
Behavioral Skills
- Client - Client focus: I put long term relationship with our clients at the center of my actions, whatever my position
- Client - Risk: I strive to satisfy clients while taking into account risks for the company
- Team Spirit - Open mindset: I listen and share my views and my expertise in an open mode
- Innovation - Thinking out of the box/Creativity: I propose new ideas and solutions
- Responsibility - Risk awareness: I am constantly on the lookout for risks
- Commitment - Inspiration: I support the vision and the strategy
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. Please visit our APAC career website: https://www.societegenerale.asia/en/careers/building-your-career-with/ for more information.
Diversity, Equity & Inclusion (DE&I):
Our 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 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
Check out our DE&I initiatives: https://www.societegenerale.asia/en/careers/diversity-equity-inclusion-dei/
Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations of assistance during the recruitment process, please do not hesitate to let our HR staff know.
Department Description
The Derivatives Client Support team is composed of Client Facing Middle officers servicing clients including Banks, Hedge Funds, Asset Managers and Corporations. The team serves as the main operational point of contact for post-trade services supporting Societe Générale’s ETD, FX and OTCC business.