Securities Operations Officer (Trustee) (m/f/d)

 Frankfurt am Main - Germany, Germany       Permanent contract        Other job functions

Ihre Aufgaben

As Team member you will have be responsible for Trustee and Reconciliation tasks:


• Implement the services requested by the Management Company and Asset Managers making sure they are compliant with the regulation and investment policy of the funds as described in their prospectuses
• Calculate the net asset value (total value of the assets of a fund), confirm to the Management Company and analyze the discrepancies, if any.
• Understand the pricing logic and apply the valuation prices from various market data sources (Bloomberg, Reuters etc.) in order to calculate the Fund’s Net Asset 
• Perform and control of the regulatory and investment limits
• Contact the clients for clarification of day-to-day operational topics
• Part of the Trustee activities, you will find also tasks related to our global reconciliations process: 
• Interaction with different teams base in Frankfurt, Munich or in the other European locations
• You will contribute to cash reconciliation of ancillary accounting systems (custody and cash management) against the General-Ledger and to cash reconciliation of SGSS/GER Nostro-accounts.
• You will strictly monitor breaks/open positions and follow up any issues with the relevant business department. Moreover, you will escalate open positions / breaks to management.
• You will be responsible for Nostro-accounts position management and contribute to the production of regulatory reportings, namely AWV-reporting.

Ihr Profil

Experience and technical skills:

• University degree in Finance, or completed bank apprenticeship 
• Several years of relevant experience in an investment banking/asset management environment, or with a relevant experience in producing regulatory reportings
• Good understanding of Depositary and /or KVG business
• Experience in accounting, reconciliation and/or controlling of advantage
• Excellent IT knowledge (MS-Office, especially Excel) is mandatory
• Proficiency in German and English (written and orally) is required; French is of advantage

Personal abilities and competencies:

• Good self-organization skills and sense of urgency
• Motivated to actively challenge processes and to find improvements
• Capability to work in a small team
• Goal and result oriented working approach 
• Affinity to in-depth analysis of accounting differences and detail-work
• Strong risk awareness

Ihr Umfeld

Established in 26 locations worldwide with around 4.000 employees, SGSS provides a full range of securities services that are adapted to the latest financial markets and regulatory trend. In Germany SGSS supports its institutional clients across a global custody network covering more than 85 markets with excellent custody and asset servicing solutions.


The Trustee team main mission is the protection of the assets of the investors, by ensuring the control of the management of the funds entrusted by investors to Managing Company. 


The Trustee in its role as depositary of the fund, has oversight responsibilities for the Manager's activities in a number of key areas such as unit pricing, dealing, portfolio valuation and in the adherence to investment and borrowing power restrictions. The Depositary is also responsible for the safeguarding of the assets of the authorized fund.


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: 19000V86
Business unit: SG CIB
Starting date: 01/01/2020
Date of publication: 04/12/2019
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Securities Operations Officer (Trustee) (m/f/d)

Permanent contract   |   Frankfurt am Main - Germany   |   Other job functions