Securities Back Office Operations Associate

The Security Back-Office Department within Operations ensures the operational, clearance, administrative and processing of transactions initiated by the various business lines.  In addition, it ensures the control and security of transaction processing in accordance with current financial legislations and SRO regulations and handles the Daily Settlement processing for SG Paris and certain affiliates with securities held by SG Americas Securities (‘SGAS’) on the Broadridge BPS Back Office System.  The department also manages various other responsibilities affiliated with clearance.

Security Back-Office Operations Associate is responsible for the following in all SG entities:

•    Overseeing BPO (Broadridge Outsourced Services) and all its functions including:
•    Aged Fails and block issues
•    Payable and Receivables (including Coupon interest and Dividends)
•    Suspense
•    Assuring that the BPO is in proper review and escalation    
•    Managing operational risks.
•    Prepare Managerial reports when needed
•           Assist in facilitating resolutions between Trading Desks and Back-Office
•           Review and Approve wire payments 
•           Memo seg releases
•           Short sale Notifications

The Security Back-Office Representative is a junior member of the team who leverages their technical, operational and analytical skills to work with the various trading desks, BPO, Other SG back-office entities and the Middle/Front Office to manage daily trading and clearing activity

In this role, the Securities Back Office Representative will:
•    Manage functional and operational requirements with Stakeholders.
•    Provide daily reports for Senior Management.
•    Ensure adherence to regulatory, legal & compliance requirements by working with the relevant internal contacts.

The responsibilities for this position include:
•    Prepare Morning short sale report
•    Review BPO Fail reports – escalate back to BPO on outstanding issues and be prepared to assist in facilitating in review and/or escalation to responsible desk
•    Review the Payable / Receivable reporting and assure that all aged are being actioned
•    Review Suspense accts and assure that all are actioned
•    Prepare and cascade managerial KPI reports
•    Perform monthly GPS controls.

Required/Must have:
•    General Industry Knowledge
•    Microsoft: Access, Excel, Word, Teams and Outlook.

COMPETENCIES

Required/Must have:
•    Clear written and verbal communication skills, appropriate to a given audience, (technical, functional, etc.)
•    Must be comfortable working in a very dynamic environment, with rapidly changing priorities.
•    Must be comfortable working with counterparts, customers, other departments and outside vendors.
•    Problem-solving skills.   
•    Must be able to interact with Stakeholders and support staff – traders, middle office, IT, etc.
•    Must be able to manage multiple tasks in parallel. 
•    Versatility

PRIOR WORK EXPERIENCE

Required/Must have:
•    0-5 years of experience in financial sector.
•    Some knowledge of Broker Dealer operations and Market Practices.
•    Some knowledge of Fixed Income and Equity products.

EDUCATION

Required/Must have:
•    Bachelor's Degree

Desired/Plus:
•    BS in Finance is a plus.

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

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.

COMPENSATION:
Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience. The role is eligible for an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans and commuters.